Industry Analysis & Industry Trends
The Bread and Cake Retailing industry has performed modestly over the past five years, with revenue fluctuating. Disposable incomes and consumer sentiment influence consumer spending on bread and cake products, which in turn affects industry revenue. Fluctuations in consumer sentiment and disposable income have altered consumer spending patterns over the past five years, influencing variable trends in industry revenue. For example, positive consumer sentiment combined with modest disposable income growth boosted revenue in 2012-13. Industry revenue is estimated to increase at an annualised 1.4% over the five years through 2016-17, to total $752.3 million. This includes a forecast decline of 0.2% in 2016-17... purchase to read more
Industry Report - Industry Products Chapter
Most products retailed by the industry are produced at centralised off-site premises and distributed to individual stores. However, some cases of half-transformed products are distributed to stores and finished 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. Cakes are a particularly profitable segment for operators as consumers are often willing to spend large amounts of money on cakes for special events... purchase to read more