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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 | Apr 2015

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

IBISWorld’s Snack Food Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$36bn
Annual Growth 10-15
3.6%
Annual Growth 15-20
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Profit
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Employment
47,072
Businesses
523
Industry Analysis & Industry Trends

The Snack Food Production industry has experienced a resurgence over the past five years, benefiting from the introduction of more healthy snacks and favorable product pricing. Industry operators have successfully responded to shifting consumer tastes by introducing a variety of reduced-fat and low-calorie alternatives. Furthermore, new companies that specialize in nutritious snacks have entered the industry to capitalize on growing demand for these products. Over the next five years, the industry is expected to continue growing as the economy strengthens and per capita disposable income rises, enabling consumers to purchase snacks more frequently and trade up to branded and premium varieties... 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 chipsNuts and nut butterTortilla and corn chipsOther chipsOther snacks
 
Industry Activities
Producing nuts and nut butterProducing potato chipsProducing corn chipsProducing other snacks


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