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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 2015

Sweet rewards: The industry benefits from product innovation as consumers demand more variety

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
$6bn
Annual Growth 10-15
0.6%
Annual Growth 15-20
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Profit
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Employment
12,976
Businesses
337
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. Consumers have demanded ethical and sustainable production methods, resulting in the significant growth of fair-trade and organic chocolate products. Revenue is estimated 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 expected to contribute to stronger growth of 2.2% in 2014-15, with revenue reaching $5.9 billion... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in the mature stage of its economic life cycle. Demand for chocolate and confectionery products has grown stagnantly over the past five years as consumers have become more health consciousness. As a result, many customers have sought healthier snack food alternatives to chocolate and confectionery such as yoghurt, fruit and vegetables. Product development in low-fat and sugar-free segments has stimulated some growth in the industry over the past five years.

Industry value added (IVA) is used to measure an industry's contribution to the overall economy. IVA is forecast to increase at a compound annual rate of 2.4% over the 10 years through 2019-20... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Chocolate and Confectionery Manufacturing Industry?

Companies in the industry primarily manufacture confectionery, chocolate or cocoa products, with or without sugar. Chocolate is produced from roasted ground cacao beans that are combined with other ingredients such as milk and sugar. Sugar confectionery is produced by boiling, crystallising and moulding sugar or molasses into solid pieces that are usually coloured and flavoured.

Industry Products
Chewing gumChocolateConfectionery
 
Industry Activities
Chewing gumChocolateCocoa productConfectioneryCrystallised or glazed fruitDrinking chocolateLiquoriceMarshmallowCandied nutCandied popcorn


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