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 SWOT Analysis Chapter
The Biscuit Production industry is in the mature stage of its life cycle. The value that the industry adds to the economy is forecast to grow at a rate slightly slower than UK GDP. Over the 10 years through 2018-19, IBISWorld expects industry value added to grow at a compound annual rate of 0.8%, while UK GDP is to grow at a compound annual rate of 1.5%. This indicates that the industry will account for a marginally smaller share of the economy over the period.
Products within the industry are considered discretionary purchases, but have been a staple for domestic households for decades... purchase to read more