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 SWOT Analysis Chapter
The Bread and Cake Retailing industry is in the mature stage of its economic life cycle, due to its minor underperformance compared with the economy, stable product segments and steady enterprise numbers. However, limited product development has allowed some players to increase their revenue.
Industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to grow at a compound annual rate of rate of 2.4% over the 10 years through 2020-21. Comparatively, GDP is forecast to grow at a compound annual rate of 2.6% over the same period. The industry's slower growth is largely due to profit and wage trends, which are key determinants of IVA... purchase to read more