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 - Industry Locations Chapter
The geographic spread of industry establishments is closely related to the dispersion of population, proximity to regional baking centres and share of gross value added.
London accounts for 13.9% of establishments. Its high population and affluence levels make it a suitable region for bakers and confectioners. Artisanal bakery products are popular among higher income segments of the population and the high number of tourists benefit smaller bakers and confectioners.
The North West
The North West is estimated to account for 13.6% o.. purchase to read more