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Fresh Pasta Production in Australia Industry Market Research Report Now Available from IBISWorld
Date:3/18/2013

Australia) Pty Ltd and Clearlight Investments Pty Limited – have over the rest of the market. “However, industry enterprise and employment growth is forecast to reflect the level of revenue growth, suggesting that there is still room for growth and new players have the opportunity to enter the industry”, says Rowley. This will still be restricted by the large market share of major players and the difficulty in competing with their existing brand recognition, customer loyalty and marketing budgets.

Looking ahead, industry performance is expected to improve over the next five years. The main drivers of growth will be favourable economic conditions such as rising incomes in conjunction with low unemployment, inflation and interest rates. These factors are expected to boost consumer confidence and encourage greater spending on fresh pasta products. Operators are expected to have the opportunity to earn additional income streams from the introduction of organic pasta lines given the ongoing rise in health consciousness and growing popularity of organic food. This will help operators boost profitability, as will a general decline in commodity prices. The main trend that could detract from the industry's performance over the medium term is the introduction of lower cost, private-label products, which would depress overall profitability.

For more information, visit IBISWorld’s Fresh Pasta Production report in Australia industry page.

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IBISWorld Industry Report Key Topics

Companies in this industry manufacture fresh, perishable pasta dishes sold through supermarkets, grocery stores and other food retail outlets.

Industry
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