Industry Analysis & Industry Trends
Changing consumer trends, volatile commodity prices and a saturated market are characteristics of the Cake and Pastry Manufacturing industry. Rising input prices, turbulent economic conditions and changing consumer trends have posed some serious challenges to the industry over the past five years. However, the industry has remained resilient during the current economic turbulence and tended to outperform the economy during recessionary years, despite waning consumer discretionary spending. The well-entrenched position of the major players, coupled with enviable levels of brand and customer loyalty, has enabled them to pass on cost increases during times of unsustainable high input costs... purchase to read more
Industry Report - Industry Locations Chapter
Production of cake and pastry products tends to be concentrated in and along the eastern seaboard. New South Wales and Victoria are expected to account for 64.2% of all industry establishments. A similar pattern is expected for the respective shares of turnover and employment held by each state. According to the ABS, the three eastern seaboard states of Victoria, New South Wales and Queensland are expected to account for 80.4% of total revenue generated by the industry and 80.6% of industry employment.
As the industry uses a variety of raw material inputs, production units tend to be located within or adjacent to major cities... purchase to read more