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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 | Apr 2015

Under-consumption: Health trends, volatile input prices and strong competition have slowed growth

The Snack Food Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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, 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 Analysis Chapter

The Snack Food Manufacturing industry has faced significant challenges over the past five years. Consumer health and nutrition trends have threatened demand for traditionally high-fat snacks, such as potato chips. Volatile input prices and strong competition have further threatened industry revenue growth. Despite slow participation growth over the past five years and increasing consolidation, new niche enterprises have entered the industry. Unsurprisingly, employment is expected 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 the 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 sold to wholesalers and retailers.

Industry Products
Potato chipsExtruded snacksNutritious snacksNuts and pretzelsCorn chips
 
Industry Activities
Corn chipsPotato chipsPretzelsSavoury specialtiesNut foodsHealth bar


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