Industry Analysis & Industry Trends
During the past five years, the depreciating dollar has helped boost exports to the United States, which has, in turn, helped drive revenue growth despite stagnating domestic demand for packaged bread products. Despite challenges encountered by operators during the past five-year period, the Bread Production industry is expected to continue rising in the next five years, as consumer spending levels increase and key input prices stabilize. The continued development of healthier bread varieties and broadening specialty product selections that address changing consumer tastes will also aid industry performance... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The well-established Bread Production industry is in the mature stage of its life cycle, contributing steadily to the overall economy. IBISWorld forecasts that the industry's value-added (IVA), which measures the industry's overall contribution to the Canadian economy, will rise at an annualized rate of 4.5% over the 10 years to 2021. Meanwhile, gross domestic product (GDP) is expected to increase at a slower 1.9% per year on average during the same period. Although the industry is expected to perform slightly better than the economy as a whole during this period, other indicators characterize this industry as mature.
Characteristic of most goods produced by mature industries, bread and other baked foods are highly saturated in the domestic market. Acc.. purchase to read more