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Chocolate and Confectionery Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Chocolate and Confectionery Manufacturing Market Research Report | ANZSIC C1182 | May 2016

How sweet it is: Manufacturers have benefited from lower sugar prices over the past five years

IBISWorld’s Chocolate and Confectionery Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 11-16
3.5%
Annual Growth 16-21
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Profit
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Employment
11,733
Businesses
356
Industry Analysis & Industry Trends

The Chocolate and Confectionery Manufacturing industry has grown over the past five years despite the rise in health consciousness in Australia. Industry operators have benefited from a significant drop in the price of sugar over the period, allowing them to pass on the savings to their customers and increase sales. Furthermore, industry firms have increased their product diversification and introduced healthier products in line with changing consumer tastes, which has helped minimise the number of consumers switching to substitute products. As a result, industry revenue is expected to grow at an annualised 3.5% over the five years through 2015-16, to reach $6.5 billion... purchase to read more

Industry Report - Starting a New Business Chapter

The industry displays moderate barriers to entry and this trend has remained steady over the past five years. Barriers to entry often vary among product segments. Chocolate manufacturing is typically more capital-intensive and requires a higher level of investment to commence operations. In comparison, confectionery and chewing gum production tend to be more labour-intensive and the absolute cost of entry is not prohibitive. Therefore, it is easier to enter the industry as a confectionery manufacturer and a large number of players operate in this segment.

The biggest threat facing potential entrants is the well-entrenched positions of the industry's major players... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Chocolate and Confectionery Manufacturing Industry?

Industry firms primarily manufacture confectionery, chocolate or cocoa products, with or without added sugar.

Industry Products
ChocolateConfectioneryChewing gumCocoa products
 
Industry Activities
Chewing gumChocolateCocoa productConfectioneryCrystallised or glazed fruitDrinking chocolateLiquoriceMarshmallowCandied nutCandied popcorn


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