Industry Analysis & Industry Trends
The Biscuit Production industry produces a range of grain-based snack products. It is dominated by sweet biscuits, which are estimated to comprise 72.5% of revenue in 2013-14, but also includes crackers, preserved cakes and pastries, and snack foods produced from grain, such as tortilla chips. Demand for biscuits is predominantly driven by demand from supermarkets, grocery wholesalers and bakery retailers.
The industry is expected to grow steadily over the five years through 2013-14, despite tough trading conditions related to the economic environment and changing consumer preferences. Revenue is expected to increase at a compound annual rate of 1.3% over the five years through 2013-14 to reach £4.2 billion, while revenue growth of 0.7% is expected in 2013-14... purchase to read more
Industry Report - Industry Investment Chapter
The Biscuit Production industry has a medium level of capital intensity. IBISWorld estimates that for every £5.00 spent on wages, producers spend £1.00 on capital investment. Capital intensity has increased over the past five years and is expected to continue to increase over the next five years, albeit at a slower rate. Capital investment is mainly in the form of machinery that enhances production techniques and facilitates greater automation, helping to reduce the need for labour. The number of employees in the industry is expected to decline at a compound annual rate of 1% over the five years through 2013-14 against a backdrop of increased revenue... purchase to read more