Industry Analysis & Industry Trends
The Delicatessens industry has struggled over the past five years. Poor consumer sentiment and spending during the years following the global financial crisis contributed to the industry's decline over the three years through 2009-10. Following this, strong competition from the major supermarkets added to the industry's pain. However, the rising premiumisation trend among some consumers has buoyed the industry over the past three years. Over the five years through 2014-15, industry revenue is projected to post annualised growth of 0.6%, to reach $908.3 million.
Supermarkets and grocery stores are the largest competitive threat to the industry. The price war that escalated in 2011 drew consumers away from specialised retailers and into supermarkets... purchase to read more
Industry Report - Industry Products Chapter
The Delicatessens industry sells a large range of products to Australian consumers. Products stocked largely depend on the location of industry operators, with products offered often catering to the demands of their local community. The industry primarily stocks higher value foodstuffs, either fresh or processed, that are often unavailable through mass-market channels such as supermarkets and other grocery stores. Despite the large range of products available, products can generally be classified into four categories.
In 2014-15, IBISWorld expects that the largest product segment is meats, which account for more than 30% of industry revenue... purchase to read more