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 by an annualised 2.0% over the five years through 2014-15, to reach $142.2 million. Busy consumer lifestyles, renewed interest in cooking at home and some premiumisation have benefited producers. These factors are expected to contribute to 1.0% revenue growth in 2014-15. However, growth has been constrained over the past five years by private-label expansion and the popularity of food- service establishments.
For some consumers, pasta sauce represents a quick and convenient meal component that is cost-effective and healthy... purchase to read more
Industry Report - Industry Investment Chapter
The industry displays a moderate level of capital intensity. For every dollar spent on wages, an estimated $0.21 is invested in capital. Here, depreciation is used as a proxy for capital expenses. Larger players tend to have a higher capital intensity level than their smaller counterparts. This is due to the larger players' scale of production and better access to finance to fund capital expenditure. Industrial cooking equipment, such as tomato squeezers, puree machines and cooking boilers, account for the bulk of the industry's capital expenditure, particularly for new firms. Smaller players tend to focus on niche areas of the market, such as organic or unique flavours... purchase to read more