Industry Analysis & Industry Trends
The Bread and Cake Retailing industry has performed weakly over the past five years. Industry revenue is anticipated to post marginal annualised 0.1% growth over the five years through 2014-15. Fierce competition both among industry players and from external sources has hurt the industry. This is evidenced by store closures and financial troubles among some of the industry's largest players. Industry revenue is forecast to fall by 1.1% in 2014-15, to reach $754.3 million. The industry's average profit margin has trended upwards over the past five years, although this is largely a recovery from weak margins in 2009-10.
Disposable incomes and consumer sentiment have dictated consumer spending on bread and cake products, which has influenced industry revenue... purchase to read more
Industry Report - Industry Products Chapter
The majority of products retailed by the industry are produced at centralised off-site premises and distributed to individual stores. In some, however, cases half-transformed products are distributed to stores and finished off through heating or baking. Each segment's size represents its contribution to industry revenue.
Cakes account for the largest share of industry revenue. This segment includes large cakes for sharing and cupcakes. These products are widely considered treats for special occasions. This is particularly true for cakes purchased for special events, such as birthdays, engagement parties and weddings... purchase to read more