The Tea, Coffee and Other Food Manufacturing industry is typified by great diversity in its product range and levels of value added. The industry has remained resilient despite a deteriorating economic climate, waning consumer confidence and volatile commodity prices largely due to the staple and inexpensive nature of its products. Although the industry is in the mature stage of its life cycle, some segments have grown dramatically, such as fair trade coffee and tea, premium and organic coffee and green tea. Changing lifestyles and consumption patterns have prompted manufacturers to be innovative with their product lines to stimulate sales and renew demand.
This industry consists of establishments that manufacture food products not elsewhere classified, including coffee, tea, dressings, seasonings, flavourings, herbs, spices, yeast, yeast extracts, ice, honey, salt and prepared meals. Manufacturers in this industry procure raw materials and process them into various finished products that are subsequently sold to wholesalers, retailers and related food manufacturers.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.