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 2015

Snack break: Producers will introduce healthier products and more innovative flavors 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
Annual Growth 10-15
Annual Growth 15-20
Add to Cart
Add to Cart
Industry Analysis & Industry Trends

The Snack Food Production industry has benefited from increased demand over the past five years. As the economy has continued to strengthen, discretionary income levels have climbed. In turn, renewed consumer spending has boosted sales of potato and tortilla chips, along with nuts and seeds. The industry's future looks promising, with improving economic conditions expected to further lift demand for snacks. Projected increases in per capita disposable income will enable some consumers to trade up to premium brands and product segments, helping drive revenue growth. Additionally, as consumers demand more healthy versions of existing snacks, operators are expected to introduce a wider variety of products... purchase to read more

Industry Report - Industry Investment Chapter

The Snack Food Production industry exhibits a high level of capital intensity. For every dollar spent on labor, the industry is expected to spend about $0.40 on capital in 2015. Industry operators require a high level of capital investment because volume production of snacks involves extensive use of machinery and cannot be achieved through manual labor. For instance, industrial fryers and ovens are needed for chip production, while shelling machinery is used for nut products.

However, capital intensity varies considerably with the size of the manufacturer. The largest snack food manufacturers have undertaken significant capital expenditures over the past five years, helping raise the level of this industry's capital intensity... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Snack Food Production Industry?

This industry produces snack foods such as potato and corn chips, pretzels, roasted and salted nuts, nut butters, 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

View Sample
Select Clients