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Snack Food Production in the US: Market Research Report

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

Snack Food Production Market Research Report | NAICS 31191 | Sep 2014

Snack on: Producers will adapt to changing diets and food preferences to boost growth

IBISWorld’s Snack Food Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$35bn
Annual Growth 09-14
3.8%
Annual Growth 14-19
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Profit
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Employment
48,639
Businesses
518
Industry Analysis & Industry Trends

Over the past five years, a growing number of consumers became more aware of the negative health effects of eating foods that contain high levels of sodium, so producers of the Snack Food Production industry quickly adapted to changing consumer tastes by offering more healthy options, such as 100-calorie packs and low-sodium versions of existing products. Forecast increases in household disposable income and continued innovation of healthy snacks will help drive demand for industry products, boosting industry revenue in the five years to 2019... purchase to read more

Industry Report - Starting a New Business Chapter

The barriers to entry in the Snack Food Production industry are moderate and depend on the scale of production the entrant pursues. The scale of production defines the level of capital, technology, labor and enterprise required to begin operations. If a new entrant aims to compete with medium- to large-sized companies in the industry, they would need to secure a significant amount of capital to heavily invest in equipment and machinery for production. Potential entrants that cannot afford these initial investments would be unable to enter the industry.

Another threat facing potential new entrants is the market dominance of the leading snack food producers, especially industry leader, PepsiCo... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Snack Food Production Industry?

This industry produces snack foods such as potato chips, corn chips, roasted and salted nuts, pretzels, popcorn and other similar snacks. However, it does not produce cookies, crackers, bakery products, cereal or granola bars.

Industry Products
Potato chipsRoasted and salted nuts and seedsTortilla and corn chipsOther chipsPeanut butterOther snacks
 
Industry Activities
Producing potato chipsProducing corn chipsProducing roasted and salted nuts and seedsProducing peanut butterProducing other snacks


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