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 Locations Chapter
Participants in the Snack Food Manufacturing industry often choose to establish themselves in densely populated metropolitan areas, to reduce the cost of transportation between storage and production facilities and downstream markets, and to benefit from greater business infrastructure, such as IT connectivity, ports and docks. As a result, an estimated 75% of industry establishments are located across the Eastern states, with Queensland, Victoria and New South Wales home to the majority of snack-food manufacturers.
In recent years, there has been a trend towards concentrating operations within a small number of manufacturing sites, to minimise costs and optimise efficiencies through greater economies of scale... purchase to read more