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 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 $4.41 on labour.
Labour requirements have become more technical and less manual as staff are required to run the operations of the business and machinery has replaced the manual labour previously used. Technology has developed significantly throughout food processing industries over the past five years. Pizza processing still requires a moderate level of labour due to the many steps and processes during production... purchase to read more