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