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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 2014

Dietary requirements: Industry develops new products to attract healthier eaters

IBISWorld’s Snack Food Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
2.2%
Annual Growth 14-19
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Profit
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Employment
7,253
Businesses
135
Industry Analysis & Industry Trends

Volatile input prices, changing consumer trends and a saturated market are just some of the changes facing the Snack Food Manufacturing industry. While the industry has shown glimpses of promise in the five years through 2013-14, the industry has been plagued with rising commodity prices, turbulent economic conditions and increasingly health-conscious consumers that have ditched snacking in favour of healthier alternatives. Over the five years through 2013-14, industry revenue is expected to increase by an annualised 2.2% to total $3.0 billion. In 2013-14, revenue is expected to increase by only 0.5%... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Snack Food Manufacturing industry is the in mature stage of its life cycle, characterised by a saturated domestic market and a range of well-established products and producers. The primary concern for manufacturers is to maintain market share and induce sales growth through timely innovation and differentiation strategies. There have been minor advances in technology within the industry, primarily focused on improving efficiencies in the manufacturing process.

In the ten years through 2018-19, industry value added is expected to increase at an annualised 0.7%. During the same period, real GDP is forecast to grow by 2.5%, indicating that as the Australian economy is growing, the contribution of the Snack Food Manufacturing industry is declining... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Snack Food Manufacturing Industry?

Companies in this industry mainly manufacture snack-food products such as potato chips, corn chips, savoury snacks, nuts, pretzels and other similar snacks. The manufacturing process includes buying raw materials such as milled corn, wheat, potatoes, food extracts, flavourings, preservatives and sugar, for processing into finished, consumer snack foods. The finished products are then packaged and marketed to wholesalers and retailers.

Industry Products
Potato chipsExtruded snacksNuts and pretzelsCorn chipsNutritious snacks
 
Industry Activities
Corn chipsPotato chipsPretzelsSavoury specialtiesNut foodsHealth bar


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