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Snack Food Manufacturing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Snack Food Manufacturing Market Research Report | ANZSIC C1191 | Apr 2016

Chipping away: Increasing health consciousness threatens industry revenue growth

IBISWorld’s Snack Food 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
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
4.0%
Annual Growth 16-21
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Profit
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Employment
3,390
Businesses
127
Industry Analysis & Industry Trends

Volatile input prices, changing consumer trends and a saturated market are just some of the challenges facing the Snack Food Manufacturing industry. Over the five years through 2015-16, volatile commodity prices, rising competition and increasingly health-conscious consumers choosing healthier snack alternatives are expected to constrain industry revenue growth. Over the five years through 2015-16, industry revenue is expected to increase by 4.0% annualised, to reach $2.0 billion. The high growth rate over the period 16 is overstated due to the low base year in 2010-11. In 2015-16, revenue is expected to decrease by 0.2% as pressures mount on the industry... purchase to read more

Industry Report - Industry Investment Chapter

The Snack Food Manufacturing industry is characterised by a moderate level of capital intensity. In 2015-16, for every dollar spent on wages, an estimated $0.25 is invested in capital. Industry players, particularly larger scale operators, rely heavily on automated machinery for mass-market production of snacks. However, labour is still relied upon during certain stages of production, particularly for higher value premium goods or niche snack products. In most cases, factory labour is used to monitor the operation of machinery, track production quality control and pack the finished product. The widespread use of industrial mixers and ovens significantly reduces the industry's reliance on labour.

Over the past five years, the level of capital intensity has been rising... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Snack Food Manufacturing Industry?

Companies in the industry mainly manufacture snack food products such as potato chips, corn chips, savoury snacks, nuts, pretzels and other similar snacks. Manufacturers buy raw materials like milled corn, wheat, potatoes, food extracts, flavourings, preservatives and sugar, for processing into snack foods. The finished products are then packaged and sold to wholesalers and retailers.

Industry Products
Potato chipsExtruded snacksNutritious snacksNuts and pretzelsCorn chips
 
Industry Activities
Corn chipsPotato chipsPretzelsSavoury specialtiesNut foodsHealth bar


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