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 at a compound annual rate of 1.9% over the five years through 2013-14. However, increased competition has reduced the average price and profit margins for the industry. The industry is struggling to maintain its strength, with revenue forecast to grow by only 0.9% over 2013-14, to $173.9 million.
The greatest challenge for the industry is the increasing trend of health consciousness... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Frozen Pizza Production industry is in a mature phase of its life cycle. The industry's value added to the overall economy is forecast to increase at an annualised 0.1% over the 10 years through 2018-19, compared with annualised GDP growth of 2.5%. This is indicative of an industry in its mature life cycle phase.
The number of establishments in the industry is projected to decline at an annualised 1.3% over the 10 years through 2018-19 as consolidation and increased market competition push out many of the smaller producers. Technology changes within the industry have been minimal and are primarily concerned with the automation of processing for production, as is the case for many manufacturing industries... purchase to read more