Industry Analysis & Industry Trends
On first glance, the Bread and Cake Retailing industry seems to be struggling. Industry revenue is expected to post compound annual growth of just 0.4% over the five years through 2013-14 due to increasing competition from operators in other industries. However, revenue has grown consistently since 2011-12. Rising disposable incomes and improving consumer sentiment have driven revenue growth. Furthermore, many retailers have altered their product offerings in response to increasing competition. Rising demand for premium products that attract higher prices and profit margins has driven industry performance over the past three years. This premium trend will continue to benefit the industry in 2013-14, with revenue forecast to increase by 1.2% to $795.5 million... purchase to read more
Industry Report - Industry Analysis Chapter
Despite weak growth over the past five years, the Bread and Cake Retailing industry is not all doom and gloom. Competition has forced operators to alter their product offerings, which many retailers have profited from. This competition largely stems from operators in other industries, though internal competition has affected trading conditions. Reduced power among the industry's largest players has provided an opportunity for smaller players to expand their operations and gain market share.
Industry revenue is forecast to grow marginally over the five years through 2013-14, at a compound annual rate of 0.4% to reach $795.5 million... purchase to read more