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Bakery Product Retailing in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Bakery Product Retailing Market Research Report | SIC G47.240 | Sep 2016

Slice of life: The industry has benefited from growth opportunities, despite strong competition

IBISWorld’s Bakery Product Retailing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Greggs plc Greggs plc market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
3.3%
Annual Growth 17-22
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Profit
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Employment
57,275
Businesses
3,230
Industry Analysis & Industry Trends

Operators in the Bakery Product Retailing industry sell goods such as bread, cakes, rolls, pies and pasties. Confectioners that sell chocolate, toffee, fudge and other sugary items are also included in the industry. The industry has performed relatively well over the past five years, although changing consumer preferences have caused problems for a number of firms. However, higher demand for ready-to-eat meals has driven the sale of sandwiches and bakery snacks such as rolls and scones. Over the five years through 2016-17, industry revenue is expected to rise at a compound annual rate of 3.3% to reach £2.5 billion. Industry revenue is expected to increase by 1.9% in 2016-17... purchase to read more

Industry Report - Starting a New Business Chapter

The Bakery Product Retailing industry faces moderate barriers to entry, the initial start-up cost being the main barrier that must be overcome. Prospective entrants will need to secure retail space with close proximity to a high number of shoppers in order to drive in customers. In an era where the retail industry remains significantly fragile, new entrants must ensure the geographical location chosen is in need of the service otherwise the chances of success will be slim. In addition to this, entrants may need to develop supply links with manufacturers and wholesalers. Existing operators also have an established and trusted relationship with suppliers; this makes the task of acquiring stock easier. The.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Bakery Product Retailing Industry?

This industry includes the retail sale of bread and bakery products including rolls, baps and cakes. It also includes the sale of sugar confectionery such as chocolates and sweets in specialised stores. In most instances, bakery product retailers also manufacture their products on the premises.

Industry Products
BreadSavoury bakery productsRolls and bapsSweet bakery productsSpeciality and ethnic productsConfectionery
 
Industry Activities
Bread, roll and bap retailing Sweet and savoury bakery product retailing Sugar confectionery, cake and cookie retailing


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