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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 | Nov 2014

Sweetening the deal: Product innovation will continue to drive 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
$6bn
Annual Growth 10-15
0.6%
Annual Growth 15-20
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Profit
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Employment
12,976
Businesses
349
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

 


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 nutsCandied popcorn


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