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. Over the five years through 2014-15, trends expected to constrain industry revenue growth include volatile commodity prices, rising competition and increasingly health-conscious consumers switching to healthier alternatives. Over the five years through 2014-15, industry revenue is expected to increase by an annualised 1.3% to total $2.4 billion. In 2014-15, revenue is expected to increase by 1.6%.
The industry's major players have endured falling profit margins, increased competition from private-label products and stagnating domestic demand, particularly in the salty snacks segment, which has historically been the most profitable... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Snack Food Manufacturing industry exhibits a medium level of market share concentration, with the top four players accounting for about half of the industry's total revenue. The product lines of larger players, such as Frito-Lay and Snack Foods Limited, tend to comprise mid- to low-value products that are sold in large volumes. However, over the past five years, larger players have broadened their product offerings to include high-value products such as gourmet potato chips. Smaller firms on the other hand, have tended to focus on niche markets, supplying speciality products of high value like health snack foods, but with shorter production runs and lower volumes... purchase to read more