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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 Products Chapter

The majority of the industry produces salty snack foods. However, a number of new products have been introduced to the industry recently. In 2014-15, snack foods are classified into five major market segments: potato chips, extruded snacks, nuts and pretzels, corn chips and nutritious snacks.

Potato chips

In 2014-15, potato chips comprise the largest segment of products sold by the Snack Food Manufacturing industry, at an estimated 41.7%, down from 2009-10. This product segment has faced a number of obstacles over the past five years due to the increasing number of healthier snacking alternatives and the introduction of new, non-potato-based snacks... 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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