Tea, Coffee and Other Food Manufacturing in New Zealand - Industry Market Research Report

Ground to a halt: Ongoing supply chain disruptions are chewing away at revenue

The Tea, Coffee and Other Food Manufacturing industry is part of New Zealand's expanding food and beverage sector. Consistent growth in exports for all New Zealand produce is contributing to the industry's revenue growth, alongside higher local disposable incomes. However, ongoing supply chain disruptions associated with the COVID-19 pandemic are negatively affecting international trade, contributing to revenue declining by an estimated 2.3% in 2022-23. This fall is following a long-term decline as the industry faced an annualised 1.8% fall over the five years through 2022-23 to total $3.1 billion. Industry manufacturers primarily produce foods that are not elsewhere classified, like coffee, tea, frozen pre-prepared meals, health supplements, and food flavourings, seasonings and colourings. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.