Letting it rise: COVID-19 restrictions easing has boosted industry revenue and demand
Bread and Cake Retailers have faced a challenging trading environment in recent years. Fierce competition among industry retailers and from external sources like supermarkets has weighed on industry growth. Increasing competition has led to store closures for Retail Food Group (RFG), the industry's largest player. Unlike many related retailing industries, the largest bread and cake retailers have not performed as strongly as their smaller counterparts. For example, RFG has closed many Donut King stores because of unsatisfactory lease agreements with shop landlords and declining shopping centre performance during the pandemic.
Industry retailers sell a range of baked goods including bread, cakes, pastries and biscuits. Industry players can operate independently or as part of a franchise network. Products are made off-premises, purchased from wholesalers or that franchise parent companies supply.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Retail Food Group Limited
Methodology
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