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