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Write 8 pages with APA style on Expansion of a Yoghurt Producing Company in the Market of the United Kingdom. The British dairy industry has garnered success both in national and international business. Analysts believe that by 2020, the domestic demand for dairy products in the U.K. would require approximately five billion litres of additional milk production (Dairyco., 2014). This proves that new companies can enter the U.K. dairy industry and reap some benefits of the growing demand therein.
From the above graph, it can be claimed that the average demand for milk (in the form of different dairy products) in the U.K. is more than its supply. The U.K. primarily imports different types of desert products such as yoghurt and milk powder, from other countries. The term “dessert deficit” is very popular in the U.K. dairy industry. Almost 40% yoghurts sold in the U.K. are imported from other countries of Europe, especially France. It is estimated in 2014 that total yoghurt consumption in the U.K. is 740k tonnes. of which 296k tonnes is imported (Dairyco., 2014). As a result, the yoghurt company (case company) will be able to successfully launch its product in the U.K. market and increase its sales, provided proper segmentation strategies are framed.
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