Industry Analysis & Industry Trends
Demand for the Frozen Pizza Production industry has cooled over the past five years. In the early part of the period, competition from imported pizzas hindered growth in domestic production. Downturns in industry revenue were fought off by product innovation, aimed at increasing the customer base and overcoming external competition. As a result, industry revenue is expected to grow by a compound annual 2.0% over the five years through 2014-15. However, increased competition has reduced the average price and profit margins for the industry. Following growth of 1.8% in 2014-15, industry sales are expected to be worth $178.5 million.
The greatest challenge for the industry comes from pizza's image as junk food, and an unhealthy dining option... purchase to read more
Industry Report - Industry Investment Chapter
The Frozen Pizza Production industry has a moderate level of capital intensity. Over the past five years, the level of capital intensity has increased, as processes have become more automated. IBISWorld estimates that for every dollar invested in capital, the industry spends $4.58 on labour.
Labour requirements have become more technical and less manual, as staff required to run the operations of the business and machinery have replaced the manual labour previously used. In addition, technology has developed significantly throughout food-processing industries over the past five years, with a growing number of food processors using new vacuum-packing technologies and modified-atmosphere packaging... purchase to read more