Industry Analysis & Industry Trends
The Bread and Cake Retailing industry has performed modestly over the past five years. Industry revenue is anticipated to grow at a compound annual rate of 1.8% over the five years through 2015-16. Fierce competition among industry players and from external sources has hurt the industry. This has resulted in store closures and financial troubles among some of the industry's largest players. Industry revenue is forecast to rise 1.7% in 2015-16, to reach $753.4 million. The industry's average profit margin has trended upwards over the past five years, although this is largely a recovery from low margins in 2010-11.
Disposable incomes and consumer sentiment dictate consumer spending on bread and cake products, which has influenced industry revenue... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry displays a low level of market share concentration. This is due to the industry's high fragmentation, with independent retailers accounting for the majority of industry revenue. The industry's four largest players, Retail Food Group (which controls Donut King), Breadtop, Krispy Kreme and the Cupcake Bakery, account for less than 40% of industry revenue combined.
Industry concentration has fallen over the past five years. This is largely due to falling store numbers among the industry's largest players. Krispy Kreme was forced to close 24 stores in 2010-11 when it entered administration... purchase to read more