Industry Analysis & Industry Trends
The Chocolate and Confectionery Manufacturing industry has remained fairly resilient over the past five years. Increasing health consciousness has required manufacturers to be innovative with their product lines and adapt to shifting consumer demands. In addition, consumers have demanded ethical and sustainable production methods, resulting in the significant growth of fair trade and organic chocolate products. Revenue is expected to increase at a compound annual rate of 0.6% over the five years through 2014-15. Greater demand for industry products from supermarkets and grocery stores and rising household discretionary income have underpinned this growth. These trends are also expected to contribute to stronger growth of 2.2% in 2014-15, to bring revenue to $5.9 billion... purchase to read more
Industry Report - Industry Investment Chapter
The industry displays a medium level of capital intensity. In 2014-15, for every dollar spent as wages, an estimated $0.28 is invested in capital. Capital intensity varies greatly among industry players. Larger manufacturers typically invest in substantial amounts of capital to automate production and reduce marginal costs. Most manufacturing plants require high levels of capital expenditure on sophisticated technology and automated equipment that increase productivity without the need for additional labour.
However, the industry also requires more labour than related food manufacturing industries due to greater product diversity... purchase to read more