Industry Analysis & Industry Trends
The Bread and Cake Retailing industry has experienced intense competition over the past five years, with industry sales expected to post annualised growth of 2.5% over the five years through 2012-13. Trading conditions have been influenced by the entry of supermarkets with instore bakeries as well as convenience stores and milk bars attempting to boost their share of this market. Retail sales over this period have also been affected by fluctuations in real household disposable income, consumer sentiment, interest rates and the high price of wheat. Demand has also been driven by changing consumer tastes and preferences across a number of bread and cake categories, along with the rising popularity of products that meet dietary requirements, like gluten-free products... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Bread and Cake Retailing industry is expected to operate in mature stage of its life cycle over the 10 years through 2017-18. Industry value added for this industry is estimated to post annualised growth of 0.4% over this period, compared to annualised growth of 2.4% in Australian GDP. Profitability and value-added for this industry over this 10 year period is expected to be affected by strong competition across the industry, particularly since the entry of instore bakeries by supermarkets and by rising price-based competition amongst operators.
The mature life cycle stage experienced by this industry is evident in its count of enterprise numbers which is forecast to post static growth over the 10 years through 2017-18... purchase to read more