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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

The Chocolate and Confectionery Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Industry SWOT Analysis Chapter

The Chocolate and Confectionery Manufacturing industry is in the mature phase of its industry life cycle. Industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to grow by 1.4% annualised over the 10 years through 2020-21. The industry is therefore projected to slightly underperform the overall economy, which is forecast to grow at an annualised 2.6% over the same period. Despite this, changing consumer tastes and trends, due to rising disposable incomes and greater health consciousness, have driven the strong growth of new small-scale enterprises that are adapting to new consumer preferences. As a result, the major operators in the industry have lost market share and the market has become less concentrated... 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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