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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

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 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 Products Chapter

Industry firms manufacture a range of chocolate, confectionery, cocoa and chewing gum products. As industry operators have looked to diversify their product ranges to gain a competitive advantage in the market, the variety of products in each segment has increased. Furthermore, market share concentration varies among the industry segments. The industry's products are divided based on the proportion of revenue that each segment generates.

Chocolate

Chocolate is the industry's largest product segment and is dominated by a small number of well-established brands with high consumer loyalty. Major chocolate products made in Australia include Mars Bars, Kit Kats, Crunchies, Dairy Milk blocks, Smarties, M&M's and Snickers... 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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