Industry Analysis & Industry Trends
The Bread and Bakery Goods Production industry has been under pressure in recent years, as demand for traditional loaves of bread has been falling. This has caused problems for large plant bakeries that tend to specialise in loaf production. By contrast, small artisanal bakeries have proliferated and proven increasingly popular with consumers. Industry operators have also had to deal with fluctuations in input prices, namely wheat prices, which spiked in 2011 due to pressure on global suppliers and then tumbled in 2015, partly a result of a particularly good harvest in that year. Increased competition and pressure from downstream markets have forced producers to lower selling prices, thereby squeezing profit margins... purchase to read more
Industry Report - Industry Key Buyers Chapter
The UK Bread and Bakery Goods Production industry is estimated to have a low level of market share concentration, since the top four players are expected to account for only 24.7% of industry revenue in 2016-17. The industry is dominated by small firms and no individual company has significant control over the industry. Major companies tend to concentrate on certain product segments, namely on producing loaves of bread. The market for fresh cakes, pastries, flour confectionery and other sweet bakery products is even less concentrated and there are no major players that specialise in these areas. However, the recent expansion of Finsbury Food Group makes it a potential major player in coming years.
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