Bread Production in Australia - Market Research Report (2014-2029)

A Gentle Rise: Changing Consumer Preferences Mean Revenue Will Only Just Stay Above the Breadline

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 key players and their market shares.

Bread production sales figures have risen marginally in recent years. Ongoing changes in consumer preferences have provided opportunities for producers to tap into niche or premium markets, boosting incomes for bread makers. External competition from instore supermarkets bakeries has constrained revenue. Fluctuating input prices have placed downward pressure on revenue growth and limited profit margins. Rising nutritional concerns, particularly relating to carbohydrate consumption, have also negatively affected bread producers. Bread production revenue is expected to rise at an annualised 2.2% over the five years through 2023-24 to total to $3.4 billion. This trend includes an anticipated 0.3% increment in 2023-24.

The industry produces leavened and unleavened bread from factory-based premises. Companies that produce bread dough (fresh or frozen), breadcrumbs or par-baked bread are also included. Businesses that bake and sell bread from the same premises are not included in the industry.