Industry Analysis & Industry Trends
The Ice Cream Manufacturing industry has performed strongly over the past five years. Revenue is expected to increase at an annualised 10.3% over the five years through 2016-17. Industry revenue is set to continue rising by 6.0% in 2016-17, to reach $997.4 million. 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 been extremely successful over the past five years. Despite increasing consumer health consciousness and the growing popularity of substitute snacks, demand for the industry's traditional take-home tub segment has remained steady... purchase to read more
Industry Report - Industry Investment Chapter
The Ice Cream Manufacturing industry is moderately capital intensive. For every dollar spent on labour during 2016-17, the average industry operator invests an estimated $0.20 in capital. Capital intensity generally varies among industry players. For larger players, modern manufacturing plants require high capital expenditure on automated equipment and technology to mix, measure and freeze ice cream products. This equipment makes industry processes more efficient, as companies can reduce reliance on labour, decrease marginal costs and increase profitability.
Despite these efficiencies, ice cream manufacturing requires more labour than related food manufacturing industries... purchase to read more