Industry Analysis & Industry Trends
Changing consumer trends, volatile commodity prices and a saturated market characterise the Cake and Pastry Manufacturing industry. In addition, rising input prices and intensifying external competition have posed serious challenges for the industry over the past five years. For example, supermarkets have extended their private-label offerings as part of their ongoing push into the fresh food market. In addition, the move towards artisanal and gourmet foods has increased competition from retail bakeries, which have posed a threat to branded manufacturers in other parts of the baked goods sector... purchase to read more
Industry Report - Industry Products Chapter
The main products manufactured by the industry can be segmented into four categories: savoury pastries, cakes, sweet pastries and other products.
Fresh and frozen savoury pastry products are expected to account for the largest portion of industry revenue, at 40.0% in 2015-16. These products include pies, pasties, sausage rolls, quiches, finger foods and party foods. Pies and sausage rolls make up the majority of sales in this segment due to their popularity. Sales of the more traditional products within this segment have been adversely affected by the negative consumer perceptions regarding the high fat content associated with these products... purchase to read more