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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Industry Key Buyers Chapter

The Snack Food Production industry has a moderate level of market share concentration, with the top four players accounting for 45.9% of industry revenue. The largest snack food producers have acquired smaller companies to expand their product portfolios and market reach over the past five years. For example, ConAgra Foods completed its acquisition of National Pretzel Company in 2011 and acquired Ralcorp in 2012, its largest transaction to date. Additionally, Diamond Foods significantly expanded its market share by acquiring Kettle Foods in 2010. Still, market share concentration has declined during this period as industry growth outpaced the growth of the leading companies... 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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