Changing consumer trends, volatile commodity prices and a saturated market are characteristic of the Australian Cake and Pastry Manufacturing industry. Rising input prices, turbulent economic conditions and changing consumer trends have posed some serious challenges. However, the industry has remained resilient during the current economic turbulence and tended to outperform the economy during recessionary years, despite waning consumer spending. In the five years through 2012-13, industry revenue is expected to increase at an annualised rate of 1.4% to total $1.64 billion.
This class consists of units mainly engaged in manufacturing cakes, pastries, pies or similar bakery products (including canned or frozen bakery products).
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.