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 Analysis Chapter
The Snack Food Manufacturing industry has faced several challenges over the past five years. Consumer health and nutrition trends have threatened demand for traditionally high-fat snacks, such as potato chips, while strong competition from private-label brands and substitutes has threatened industry revenue growth. However, the industry has been supported by growing demand for high-value products, such as nuts.
Revenue and profitability
Industry revenue is expected to grow at an annualised 1.5% over the five years through 2016-17, to reach $2.3 billion. Industry operators have faced increasing competitive pressures from private-label brands over the past five years, which has put downward price pressure on industry operators... purchase to read more