Industry Analysis & Industry Trends
Over the past five years, the Potato Chip Production industry has grappled with shifts in downstream consumption patterns, fluctuating costs of key raw ingredients and increased competition from substitutes, imports and private-label products. A rise in health consciousness has encouraged a shift towards healthier eating patterns for some consumers. This has made the industry vulnerable to the threat of healthy snack food substitutes such as fruit and nut bars or wholegrain crackers. However, strong brand loyalty and demand for premium flavours has offset any decline in popularity for potato chips, which are considered high in fat and salt, due to health concerns. IBISWorld forecasts that industry revenue will increase at an annualised 1.4% over the five years through 2015-16 to $1.06... purchase to read more
Industry Report - Industry Analysis Chapter
Australian potato chip manufacturers have battled difficult trading conditions over the past five years. These conditions have been due to the rising cost of raw inputs, changes in consumer preferences and the increasing popularity of private labels. This has been offset to some extent by the high degree of brand loyalty for many popular brands and the shift in demand among some consumers for higher priced premium flavours.
As the market is already saturated, the number of industry enterprises and establishments are expected to remain stable over the five years through 2015-16. Industry wages as a share of revenue have declined due to increased automation in the production process... purchase to read more