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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 | Sep 2014

Changing tastes: The industry has been focused on producing healthier snack ranges

IBISWorld’s Snack Food Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
1.3%
Annual Growth 15-20
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Profit
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Employment
5,133
Businesses
138
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, volatile commodity prices, rising competition and increasingly health-conscious consumers switching to healthier alternatives are expected to constrain industry revenue growth. 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 faced falling profit margins, increased competition from private labels and stagnating domestic demand, particularly in the salty snacks segment, which has historically been the most profitable... purchase to read more

Industry Report - Industry Analysis Chapter

The Snack Food Manufacturing industry has faced significant challenges over the past five years. The health and nutrition trends in many of the food manufacturing industries have threatened demand for traditionally high-fat snacks, such as potato chips. Volatile input prices and strong competition have further threatened industry revenue growth, particularly as snack foods have been purchased with discretionary income. Participation growth has slowed over the past five years and consolidation has increased. Despite this, smaller niche enterprises have entered the industry. Unsurprisingly, employment is estimated to grow at an annualised 0.8% over the five years through 2014-15, reflecting consolidation and automation growth... 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 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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