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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 | May 2013

Eating up: 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
$31bn
Annual Growth 08-13
2.3%
Annual Growth 13-18
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Profit
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Employment
45,637
Businesses
494
Industry Analysis & Industry Trends

The Snack Food Production industry benefited from increased demand for several of the industry's products during the past five years in line with rising household disposable income. Additionally, a growing number of consumers became more aware of the negative health effects of eating foods that contain high levels of sodium, so producers quickly adapted to changing consumer tastes by offering more healthy options, such as 100-calorie packs and low-sodium versions of existing products. The industry's future prospects look good with continued revenue growth expected during the five years to 2018. Forecast increases in household disposable income and continued innovation of healthy snacks will help drive demand for industry products... purchase to read more

Industry Report - Industry Products Chapter

Chips

Chips are the most common snack food consumed in the United States, accounting for about 49.3% of revenue in 2013. This segment includes potato chips, corn chips and similar varieties of chips. Potato chips are the leading American snack food and have increased in popularity over the past five years with the introduction of new flavors and healthier varieties. Corn chips are also very popular among consumers, with tortilla chips leading the charge in this segment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Snack Food Production Industry?

This industry comprises manufacturers that produce snack foods, including potato and corn chips, pretzels, popcorn and other similar snacks. This industry does not include cookies and crackers (IBISWorld report 31182), bakery products (31181) or cereal and granola bars (31123). Industry establishments primarily prepare nuts, process grains or seeds, and manufacture chips, popped popcorn and similar snacks.

Industry Products
ChipsOther chips and snacksNuts and seeds
 
Industry Activities
Salting, roasting, drying, cooking or canning nutsProcessing grains or seeds into snacksProducing peanut butterManufacturing potato chipsProducing corn chipsProducing popped popcornProducing pretzels (except soft)Manufacturing pork rindsProducing rice cakes


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