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 0.3% growth over the five years through 2014-15. Fierce competition between players in the industry, and from external sources, have 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 rise 0.9% in 2014-15, to reach $759.6 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 SWOT Analysis Chapter
The Bread and Cake Retailing industry is in the mature stage of its economic life cycle, due to its underperformance compared with the economy, stable product segments and declining 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 an annualised rate of 2.4% over the 10 years through 2019-20. Comparatively, GDP is forecast to grow at an annualised 2.7% over the same period. The industry's slower growth is largely due to profit and wage trends, which are key determinants of IVA. Profit margins fell sharply during the fallout of the financial crisis, as operators tried to stimulate demand... purchase to read more