Bread Production Industry Research

The research analyses 2018 data for 20 leading bread-producing companies in Georgia across Category II and Category III. The combined turnover of the companies reviewed exceeds GEL 240 million, total assets amount to GEL 96 million, and aggregate profit before tax is approximately GEL 11 million. Average return on assets (ROA) was 14%, while average return on equity (ROE) was 18%. The report also notes that six companies ended the year with losses, highlighting the competitive environment within the sector. In addition, the study reviews wheat production in Georgia by region, together with historical import and export data for wheat and rye. The report serves as a historical sector benchmark for assessing the industry’s scale, financial profile and key market characteristics.