Industry Analysis & Industry Trends
While industry revenue slumped due to low-carbohydrate diets, demand will return over the next five years. 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 overall US economic growth. However, during the 10 rocky years to 2018, IBISWorld forecasts that the industry's value-added (IVA), which measures its contribution to the economy, will fall at an annualized rate of 1.1%. Meanwhile, GDP is expected to grow 2.1% per year on average during the same period. The industry's IVA is projected to grow at a slower rate than GDP because high and volatile commodity prices cut into profit during the five years to 2013.
The industry experienced consolidation during the past five years due to many mergers and acquisitions. The industry will continue consolidating in the next five years... purchase to read more