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 Investment Chapter
The Snack Food Manufacturing industry is characterised by a medium level of capital intensity. This means that production requires approximately $3.50 worth of labour for every dollar invested in capital. In most cases, factory labour is employed to monitor the operation of production machinery, track quality control in production and pack the finished product. The wide-scale use of industrial mixers and ovens significantly reduces the industry's reliance on labour.
Over time, the level of capital intensity is rising. In recent years, cost pressures have forced major snack food manufacturers to increase the level of mechanisation and automation in production... purchase to read more