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Pasta Sauce Production in Australia: Market Research Report

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

Pasta Sauce Production Market Research Report | Consumer Goods & Services | Food Production | Sep 2015

Hey pesto: Revenue growth is set to increase due to improving household disposable income

IBISWorld’s Pasta Sauce Production 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
Market Share of Companies
General Mills Holding (Australia) General Mills Holding (Australia) market share
Mars Mars market share
Simplot Australia Simplot Australia market share
Industry Statistics & Market Size
Revenue
$146m
Annual Growth 11-16
2.5%
Annual Growth 16-21
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Profit
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Employment
402
Businesses
26
Industry Analysis & Industry Trends

The Pasta Sauce Production industry has performed well over the past five years, in contrast to the downward trend exhibited by many manufacturing industries. Industry revenue is expected to grow at an annualised 2.5% over the five years through 2015-16, to reach $145.7 million. Busy consumer lifestyles, renewed interest in cooking at home and some premiumisation have benefited producers. These factors are expected to contribute to 2.0% revenue growth in 2015-16.

For some consumers, pasta sauce represents a quick and convenient meal component that is cost-effective and healthy. Other consumers use pasta sauce as a recipe base for more sophisticated cooking involving meat, vegetables, herbs and spices... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Pasta Sauce Production industry is expected to be in the mature phase of its life cycle. Industry value added (IVA), a measure of the industry's contribution to the overall economy, is forecast to grow at an annualised 1.5% over the 10 years through 2020-21. This is lower than growth in GDP over the same period, at an annualised 2.8%. The industry's lower IVA is indicative of its waning contribution to the economy. Given that the industry's IVA figure is not significantly lower than GDP, IBISWorld does not anticipate a shift into a decline phase over the next five years.

Pasta sauce is a staple product in many households and is wholeheartedly accepted by consumers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Pasta Sauce Production Industry?

Participants in this industry manufacture sauces for consumption with pasta.

Industry Products
Stir-through saucesPasta bake saucesSimmer sauces
 
Industry Activities
Tomato-based pasta sauce productionCream-based pasta sauce productionPasta bake sauce production


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