2014-01-24 02:57:02 - Bread & Bakery Goods Production in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com
The Bread and Bakery Goods Production industry has entered a period of adaptation as one of its major companies bit the bullet and cut its output capacity. Premier Foods reported intense competition and substantially inflated wheat prices as its justification, reflecting the two defining impacts on the entire industry over the five years through 2013-14. Poor weather caused equally poor harvests, driving the global price of wheat up to an almost unsustainable level.
At the same time, the bread and baked goods market has become saturated with proliferated offerings aimed at every consumption type and consumers, with supermarkets using low price and fresh options to steal market share.
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