Chocolate and Confectionery Manufacturing in Australia - Industry Market Research Report
Description
Chocolate and Confectionery Manufacturing in Australia
Growing consumer concern around the quantities of fat and sugar in foods have limited demand for traditional chocolate and confectionery over the period. At the same time, consumers have increasingly preferred premium products, in line with a broader upwards trend in appreciation for higher quality food, and modest disposable income growth has reinforced this consumer preference. Overall, industry revenue has risen at an annualised 1.7% through the end of 2022-23, to total $7.3 billion. This includes a decline of 1.9% in the current year, as persistently high inflation and increasing interest rates cut into consumer spending. Rising input costs are also eating into profit margins, which have fallen over the period.
Industry firms primarily manufacture confectionery, chocolate or cocoa products, with or without added sugar.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Growing consumer concern around the quantities of fat and sugar in foods have limited demand for traditional chocolate and confectionery over the period. At the same time, consumers have increasingly preferred premium products, in line with a broader upwards trend in appreciation for higher quality food, and modest disposable income growth has reinforced this consumer preference. Overall, industry revenue has risen at an annualised 1.7% through the end of 2022-23, to total $7.3 billion. This includes a decline of 1.9% in the current year, as persistently high inflation and increasing interest rates cut into consumer spending. Rising input costs are also eating into profit margins, which have fallen over the period.
Industry firms primarily manufacture confectionery, chocolate or cocoa products, with or without added sugar.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
47 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
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Pricing
Currency Rates
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