The market is dominated by domestic suppliers, as imports account for 7.9% of total market size in 2022. Households drive market demand, with household spending representing 75.0% of total demand in 2022. Australia has the 10th largest market size for bakery products across the top 20 developed countries, with demand reaching USD10.8 billion in 2022. Arnott’s Biscuits Ltd is the largest company in Australia, generating 7.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 16.8% of total production value in 2022. The total number of companies increases in 2022, to 5,844 units. The costs of the industry increase by 0.3% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 3.8% of production value in 2022, the 20th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 2.2% of total production output. With production value of USD7.7 billion, Australia accounts for 86.4% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Bakery Products in Australia: ISIC 1541. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Bakery Products in Australia: ISIC 1541 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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