Industry Analysis & Industry Trends
The Ice Cream Manufacturing industry has performed positively over the past five years. Revenue is expected to increase at a compound annual rate of 13.6% over the five years through 2015-16. Industry revenue is set to rise by 2.1% in 2015-16, to reach $1.1 billion. Ice cream manufacturers have benefited from rising demand for industry products, particularly in the premium and scoop-and-serve segments. Niche operators that provide premium ice cream and gourmet gelato products have proven to be extremely successful over the past five years. Despite fairly high levels of consumer health consciousness and the growing popularity of substitute snacks, demand for the industry's traditional take-home tub segment has remained fairly steady... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, the industry has grown strongly despite facing several challenges. Growing input costs, increasingly health-conscious consumers and rising competition have characterised the industry's operations over this period. However, steady growth in real household discretionary income, and increasing demand from supermarkets and grocery stores have greatly assisted ice cream manufacturers. The industry has also benefited from the growing popularity of premium ice cream products and niche scoop-and-serve options.
Revenue and profitability
Industry revenue is expected to grow at an annualised 13.6% over the five years through 2015-16, to reach $1.1 billion. Major increases in revenue in 2012-13 and 2013-14 have underpinned this strong growth... purchase to read more