Today: February 8, 2016, 1:33 pm
  
Finance

Australia food and drinks machinery market benefited from increased consumer demand despite an imports increase

companiesandmarkets.com
companiesandmarkets.com
Machinery for Food, Beverage and Tobacco Processing in Australia: ISIC 2925 - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-01 19:07:01
Displaying net 115% growth over 2000-2010, the Australian industry for the manufacture of machinery for food, beverage and tobacco processing benefited from strong consumer demand for food products and beverages, although increasing imports of these products as well as direct competition with imports may pose a threat to the industry.

After growing 9% per annum over the period under review, the market reached A$802 million in 2010. The market only decreased in 2009, dropping 13% year-on-year, as the economic downturn made producers of beverages, food and/or tobacco abstain from making machinery purchases. Capital spending accounted for a 63% value share of demand for these products in 2010, clearly dominating the buyers´ market.

Businesses, with a large variety of customer industries, from grain-based foods to the large spectrum of meat products to cigarette producers, accounted for a 34% value share of the market. The government came in last with only a 3% value share.

Click for report details: www.companiesandmarkets.com/Market/Industrial/Market-Research/Ma ..

Browse all Industrial Market Research Reports www.companiesandmarkets.com/Market/Industrial/Market-Research?aC ..

Browse all Industrial Company Profile Reports www.companiesandmarkets.com/Market/Industrial/Company-Profile?aC ..

Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 352 Words
Related Articles
 
More From Finance
Investing.co.uk Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source Investing.co.uk has announced that it will now be offering the [..]
Credit-Yogi.com Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]
The Experts at Credit-Yogi.com Explain How to [..]
Foreclosures have gone through a decrease over the past decade, but that doesn’t mean they don’t still happen. People who [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.