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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 2013

Sweet success: Innovation and brand loyalty help keep industry revenue healthy

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
$3bn
Annual Growth 08-13
2.3%
Annual Growth 13-18
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Profit
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Employment
8,826
Businesses
152
Industry Analysis & Industry Trends

The Australian Chocolate and Confectionery Manufacturing industry has remained resilient despite a recessive economy, falling disposable incomes, volatile commodity prices and increasing import competition. The advent of the health-conscious consumer has required producers to be innovative with their product lines and adapt them to changing consumer trends. Chocolate producers have been focusing their efforts on premiumisation, particularly with new product introductions and their associated marketing strategies. Consumers, especially in the developed world, have looked to trade up to more luxury food products with indulgences in higher priced products and premium brands. In the five years through 2012-13, industry revenue is estimated to increase at an annualised 2.3%... purchase to read more

Industry Report - Industry Analysis Chapter

Australia's sweet tooth has helped the Chocolate and Confectionery Manufacturing industry remain resilient despite being faced with some onerous challenges over the past decade. The industry has had to contend with an increasingly health-conscious marketplace, changing dietary trends, rising input prices, increasing import penetration and recessive economic conditions. A rise in consumption of healthy substitute products such as cereals, nuts, yoghurt and fruit has further squeezed demand. In the five years through 2012-13, industry revenue is estimated to increase by an annualised 2.3%.

Chocolate producers have been focusing their efforts on premiumisation, particularly with new product introductions and their associated marketing strategies... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Chocolate and Confectionery Manufacturing Industry?

Establishments in this industry are primarily engaged in manufacturing confectionery, chocolate or cocoa products, with or without sugar. Chocolate is produced from roasted ground cacao beans that are combined with other ingredients like milk and sugar. Cocoa is a powder produced from cocoa seeds that have been roasted, shelled, and ground. Sugar confectionery is produced by boiling, crystallising, and moulding sugar or molasses into solid pieces that are usually coloured or flavoured.

Industry Products
Chewing gumChocolateSugar confectionery
 
Industry Activities
Chewing gumChocolateCocoa productsConfectioneryCrystallised or glazed fruitDrinking chocolateLiquorice candyMarshmallowsNuts (candied)Popcorn (candied)


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