The market is dominated by domestic suppliers, as imports account for 21.1% of total market size in 2022. Households drive market demand, with household spending representing 68.8% of total demand in 2022. The UK has the third largest market size for bakery products regionally, with demand reaching USD21.6 billion in 2022. Samworth Bros Ltd is the largest company in the UK, generating 9.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 30.4% of total production value in 2022. The total number of companies increases in 2022, to 7,927 units. The costs of the industry decrease by 5.9% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 10.7% of production value in 2022, the 17th highest regionally. The industry’s exports share increases in 2022 to 7.2% of total production output. With production value of USD15.0 billion, the UK accounts for 11.3% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Bakery Products in the United Kingdom: ISIC 1541. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Bakery Products in the United Kingdom: ISIC 1541 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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