Industry Analysis & Industry Trends
While industry revenue slumped due to low-carbohydrate diets, demand will slightly pick up over the next five years, as rises in disposable income levels allow consumers to purchase premium products. With consumers becoming increasingly health conscious, demand for bread products with a healthy food image, such as whole-grain products, will continue to increase. Nevertheless, these same trends will place pressure on bread manufacturers, as they are forced to accelerate innovation to keep up with changing consumer preferences... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Bread Production industry is well established within the US economy. This industry is in the mature stage of its life cycle, contributing a steady value to the overall economy. However, during the 10 years to 2019, IBISWorld forecasts that the industry's value-added (IVA), which measures the industry's contribution to the economy, will grow at an average annual rate of 0.3%. Meanwhile, GDP is expected to grow 2.7% per year on average during the same period. The industry's IVA is projected to underperform the overall economy because higher commodity prices diminished industry earnings in the five years to 2014.
Characteristic of mature industries, bread is wholeheartedly accepted by the US market... purchase to read more