Healthy growth: Increased health consciousness has boosted industry revenue

The Health Snack Food Production industry has performed well over the past five years. Industry revenue is expected to grow at an annualised 5.7% over the five years through 2018-19, to be worth $2.1 billion. Industry revenue has been boosted by rising health consciousness and increased participation in gyms and fitness centres over the period. Consumer concerns about obesity and time-constrained lifestyles have also driven demand for convenient and healthy snacks over the past five years. Rising disposable incomes have further supported the industry, particularly as many industry products are priced at a premium compared with traditional snack foods. These trends are expected to contribute to a 4.3% revenue increase in the current year...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
5.7%
Forecast Growth 19-24
Profit
Employment
4,541
Businesses
160
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Increasing health consciousness and rising disposable incomes have supported industry revenue
  • Real household disposable income has grown, supporting industry revenue growth
  • Consumers are anticipated to become more health conscious, which is likely to boost demand
  • Industry Report - Starting a New Business Chapter

    Moderate barriers to entry characterise the Health Snack Food Production industry and these have remained relatively steady over the past five years. The biggest obstacle for prospective entrants is the entrenched positions of snack producers, both within the industry and overall snack production, especially when it comes to marketing and advertising. Competition in the snack food market is often the decisive factor in whether or not an industry player commences operations. Larger brands such as Uncle Tobys have continually developed their brands and production capabilities, enabling them to reduce per-unit costs and achieve greater margins. Rec...purchase to read more.

    Additional Insights for the Health Snack Food Production Industry

    IBISWorld has determined the most important Key Success Factors for the Health Snack Food Production are:

  • Supply contracts in place for key inputs
  • Economies of scale
  • Ability to pass on cost increases
  • IBISWorld analysts also discuss how external factors such as Demand from supermarkets and grocery stores and Health consciousness in the Health Snack Food Production industry impact industry performance..

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    What's in this report

    What is the Health Snack Food Production Industry?

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

    Industry Products
  • Dried nuts
  • Dried fruits
  • Muesli bars
  • Protein bars
  • Other health snacks
  • Industry Activities
  • Dried fruit and nut production
  • Muesli bar production
  • Protein bar production
  • Grain-based snack production
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from supermarkets and grocery stores
  • Health consciousness
  • Real household disposable income
  • Domestic price of wheat
  • Per capita fat consumption
  • Demand from gyms and fitness centres

  • Current Performance
  • Revenue and profitability
  • Changing preferences
  • Industry participation
  • Obesity and gym attendance
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profitability
  • Growing competition
  • Future challenges
  • Table: Health Snack Food Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Health Snack Food Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • General Line Grocery Wholesaling
  • Gyms and Fitness Centres
  • Supermarkets and Grocery Stores
  • Convenience Stores
  • Pharmacies

  • Key Selling Industries
  • Apple, Pear and Stone Fruit Growing
  • Citrus Fruit, Nut and Other Fruit Growing
  • Food Processing Machinery Manufacturing
  • Grain Growing

  • Products & Services
  • Dried nuts
  • Muesli bars
  • Dried fruits
  • Protein bars
  • Other health snacks
  • Chart: Health Snack Food Production Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Retailers
  • Wholesalers
  • Health-food stores
  • Export markets
  • Other domestic markets
  • Chart: Major Market Segmentation for the Health Snack Food Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Health Snack Food Production

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Health Snack Food Production Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Health Snack Food Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Health Snack Food Production Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Acai
  • A South American palm tree producing small edible purple berries.
  • Food Standards Australia New Zealand
  • The agency responsible for developing and administering requirements for food safety and labelling in Australia and New Zealand.
  • Wholesale Bypass
  • The process of eliminating the wholesaler from the supply chain, such as when retailers purchase directly from the manufacturer.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Health Snack Food Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Health Snack Food Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Health Snack Food Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Health Snack Food Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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