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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 2014

Dietary requirements: Industry develops new products to attract healthier eaters

IBISWorld’s Snack Food Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
2.2%
Annual Growth 14-19
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Profit
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Employment
7,253
Businesses
135
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. While the industry has shown glimpses of promise in the five years through 2013-14, the industry has been plagued with rising commodity prices, turbulent economic conditions and increasingly health-conscious consumers that have ditched snacking in favour of healthier alternatives. Over the five years through 2013-14, industry revenue is expected to increase by an annualised 2.2% to total $3.0 billion. In 2013-14, revenue is expected to increase by only 0.5%... purchase to read more

Industry Report - Industry Analysis Chapter

The Snack Food Manufacturing industry has faced significant challenges over the past five years. The health and nutrition movement that swept across many of the food manufacturing industries has threatened demand for traditionally high-fat snacks, such as potato chips. Additionally, rising input prices and a volatile economic climate have further threatened industry growth, particularly as snack foods are purchased with discretionary income. Participation growth has stalled over the past five years. Enterprise numbers have remained stagnant. Similarly, employment is estimated to grow at an annualised 1.0% over the five years through 2013-14... 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 finished, consumer 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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