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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 | Oct 2016

Going nuts: Demand for health snack foods and nuts has driven industry revenue 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 12-17
1.5%
Annual Growth 17-22
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Profit
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Employment
5,735
Businesses
148
Industry Analysis & Industry Trends

Operators in the Snack Food Manufacturing industry have faced changing consumer preferences, volatile input prices and increasing competition from private-label and substitute products over the past five years. Rising competition from private-label brands, particularly from Coles and Woolworths, and weakening demand for traditional snack foods, due to growing health consciousness, have constrained industry growth over the past five years. However, the industry has been supported by increasing demand for higher value products, such as gourmet potato chips. As a result, industry revenue is expected to grow at an annualised 1.5% over the five years through 2016-17, to reach $2.3 billion. This includes projected growth of 0.3% in the current year... purchase to read more

Industry Report - Industry Investment Chapter

The Snack Food Manufacturing industry is moderately capital-intensive. For every dollar spent on capital costs, an estimated $5.88 is spent on wages. Industry operators, particularly larger players, rely heavily on automated machinery for the mass-market production of snacks. However, labour is still relied upon during certain stages of production, particularly for higher value premium goods or niche snack products. In most cases, factory labour is used to monitor the operation of machinery, track production quality control and pack the finished product. The widespread use of industrial mixers and ovens significantly reduces the industry's reliance on labour.

Over the past five years, capital intensity has increased... 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. Manufacturers buy raw materials like 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 chipsNuts Health snack foodsCorn chipsOther snacks
 
Industry Activities
Corn chipsPotato chipsPretzelsSavoury specialtiesNut foodsHealth bar


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