Bakery Cafes in the UK - Industry Market Research Report
Description
Bakery Cafes in the UK
Bakery cafes are flourishing amid a growing coffee culture and mounting demand for high-quality, artisanal bakery goods. Industry revenue grew consistently until the COVID-19 pandemic wreaked havoc on the hospitality sector in 2020-21. Over the five years through 2023-24, the bakery cafe industry's revenue is set to contract at a compound annual rate of 6.3% to £1.2 billion, with the average industry profit margin accounting for 7%. In 2023-24, bakery cafes are set to continue recovering from the plunge caused by COVID-19, with revenue rising by 0.9%. However, the cost-of-living crisis will constrain revenue growth as consumers tighten their purse strings and cut on discretionary spending, with many choosing cheaper bakery goods and coffee from supermarkets.
This industry comprises companies that produce food that is flour-based in an on-site oven for immediate consumption. Typical products include bread, cakes, pastries, pies and bagels, as well as complementary products such as sandwiches, soups, salads, coffee and other beverages. Purchases may be consumed on-site or taken to go.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Bakery cafes are flourishing amid a growing coffee culture and mounting demand for high-quality, artisanal bakery goods. Industry revenue grew consistently until the COVID-19 pandemic wreaked havoc on the hospitality sector in 2020-21. Over the five years through 2023-24, the bakery cafe industry's revenue is set to contract at a compound annual rate of 6.3% to £1.2 billion, with the average industry profit margin accounting for 7%. In 2023-24, bakery cafes are set to continue recovering from the plunge caused by COVID-19, with revenue rising by 0.9%. However, the cost-of-living crisis will constrain revenue growth as consumers tighten their purse strings and cut on discretionary spending, with many choosing cheaper bakery goods and coffee from supermarkets.
This industry comprises companies that produce food that is flour-based in an on-site oven for immediate consumption. Typical products include bread, cakes, pastries, pies and bagels, as well as complementary products such as sandwiches, soups, salads, coffee and other beverages. Purchases may be consumed on-site or taken to go.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
79 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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