Industry Report - Industry Analysis Chapter
The Frozen Cake and Pastry Manufacturing industry has faced challenging trading conditions over the past five years. Private-label pressures, competition from fresh-baked, unpackaged pies, and rising health consciousness among consumers have constrained industry growth over the period. In response, operators have rolled out innovative product ranges, seeking to capitalise on shifting consumer preferences. Consumers have become more inclined to cook and eat at home, while also occasionally dining out. The industry has introduced single-serve or multi-pack snack options to meet changing consumer preferences and increasing health consciousness. Lar...purchase to read more.
Additional Insights for the
Frozen Cake and Pastry Manufacturing
Industry
IBISWorld has determined the most important Key Success Factors for the Frozen Cake and Pastry Manufacturing are:
Ability to pass on cost increases Supply contracts in place for key inputs Economies of scale
IBISWorld analysts also discuss how external factors such as Real household disposable income and Demand from cafes, restaurants and takeaway food services in the Frozen Cake and Pastry Manufacturing industry impact industry performance..
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