Industry Analysis & Industry Trends
Volatile commodity prices, changing consumer trends and a saturated market are just some of the characteristics associated with the Snack Food Manufacturing industry. While the industry has shown glimpses of promise in the five years through 2013-14, rising commodity prices, turbulent economic conditions and rapidly changing consumer trends have limited growth. In 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%.
The industry's major players have been faced with lower 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 Locations Chapter
Nationally, snack food manufacturers tend to establish themselves in metropolitan areas, with approximately 85% of those employed by the industry working in cities and large rural municipalities. In recent years, the trend has been to concentrate operations within a small number of manufacturing sites so as to minimise costs and optimise efficiencies through economies of scale. The finished product is subsequently transported to distribution facilities across the country.
In terms of geographic distribution, biscuit manufacturing is most heavily concentrated in New South Wales and Victoria, together housing 60% of all establishments. Queensland accounts for majority of the nuts, tropical fruit and vegetable growing in the country and comprises 18.1% of snack food establishments... purchase to read more