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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 | Dec 2016

Sweet deal: Consumer preference for premium products has led to revenue growth

IBISWorld’s Chocolate and Confectionery Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 12-17
2.9%
Annual Growth 17-22
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Profit
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Employment
11,722
Businesses
359
Industry Analysis & Industry Trends

Operators in the Chocolate and Confectionery Manufacturing industry have faced changing consumer preferences over the past five years. Growing consumer concerns about the amount of fat and sugar in foods have weakened demand for chocolate and confectionery, particularly mass-produced products, over the past five years. To combat these trends, industry participants have increased product diversification and introduced healthier products, which has helped limit the number of consumers switching to substitute products, such as fruit. In addition, consumer demand for premium products has increased over the past five years, which has provided a boost to the industry. Industry revenue is expected to grow at an annualised 2.9% over the five years through 2016-17, to reach $6.7 billion... purchase to read more

Industry Report - Industry Investment Chapter

The Chocolate and Confectionery Manufacturing industry is moderately capital-intensive. For every dollar spent on capital costs, an estimated $3.94 is spent on wages. Capital intensity varies greatly among industry players. Larger manufacturers typically invest substantial amounts of capital in machinery to automate production and reduce marginal costs. Most manufacturing plants require high capital expenditure on automated equipment and sophisticated technologies. These can increase productivity without the need for additional labour.

However, the industry also requires more labour than other food manufacturing industries due to greater product diversity... 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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