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Health Snack Food Production in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Health Snack Food Production Market Research Report | Consumer Goods & Services | Food Production | Jul 2015

Healthy margins: Despite rising competition, premiumisation has allowed industry profit to grow

IBISWorld’s Health Snack Food Production market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
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Industry Statistics & Market Size
Revenue
$755m
Annual Growth 11-16
3.0%
Annual Growth 16-21
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Profit
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Employment
2,009
Businesses
73
Industry Analysis & Industry Trends

The Health Snack Food Production industry is performing strongly. Over the five years through 2015-16, industry revenue is forecast to grow at an annualised 3.0% to reach $755.2 million. This growth is driven by rising discretionary incomes and growing consumer health consciousness. IBISWorld anticipates that industry growth has been driven by both the introduction of revolutionary products, as well as the increased uptake of healthy diets among consumers. Growing participation in sport, consumer concerns about obesity levels in Australia and time-constrained lifestyles are the key driving forces behind healthy eating and the uptake healthy snacks. However, in 2015-16, industry revenue is forecast to increase by 1.8%, as competitive forces restrict industry growth... purchase to read more

Industry Report - Industry Investment Chapter

The Health Snack Food Production industry is expected to exhibit a low level of capital intensity. Unlike the traditional snack manufacturing industry, health snack food manufacturers exhibit a much lower degree of capital intensiveness. This is largely due to higher labour inputs in production, with a number of higher value products requiring manual processing. At the same time, the industry operates much smaller production runs than traditional snack makers, giving them lower economies of scale without the per-unit savings of larger snack producers.

As a result, IBISWorld anticipates that for every dollar paid as wages, around $0.09 is required by industry participants to be spent on capital investment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Health Snack Food Production Industry?

Companies in the industry produce healthy snack foods that have high nutritional value, including protein bars. The industry excludes supplement foods and low-fat, low-sugar variations of traditional snacks.

Industry Products
Dried fruits and nutsMuesli barsProtein bars
 
Industry Activities
Dried fruit and nut productionMuesli bar productionProtein bar productionGrain-based wheat snack production


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