A recent report by IBISWorld forecast a sweet future for the snack food manufacturing industry in Australia. The report anticipates that industry revenue will rise by 1.2 per cent each year in the five years until 2023-24, reaching a total of $1.8 billion. The report puts down this increase to rising household disposable incomes and … Continue reading Snack food manufacturing develops a taste for the future
According to industry research company IBISWorld, sales of vegan food products have soared over the past five years in Australia, with major food manufacturers and takeaway chains increasingly introducing new products to meet demand. However, as the cost of meat and international meat exports continue to rise, this surging demand for vegan products represents a … Continue reading The effect of veganism on the meat industry
Online food delivery services have been a major innovation in the fast food and takeaway food industry. However, as third-party delivery services continue to grow, everyone—from the third-party operators, to the partner stores, to consumers—face risks. IBISWorld explores the third-party delivery wave. The dawn of third-party delivery operators was met with great enthusiasm by investors. … Continue reading IBISWorld explores the key issues impacting the fast-growing food-delivery sector
Fonterra has remained to be on the top of the IBIS list of food and beverage companies by revenue generated.