The bakery products sector in the UK demonstrates consistent growth from 2024-2028 in terms of Gross Value Added per employee FTE. The 2024 baseline value is €55.67 thousand, with a steady annual increase reaching €57.9 thousand by 2028. The sector shows a gradual annual growth rate, reflecting positive productivity advancements. Compared to 2023's actual figures, the sector is poised for a modest yet optimistic growth trajectory.
Future trends to watch for include:
- Technological advances in production efficiency.
- Potential impacts of economic fluctuations on consumer spending.
- Shifts in consumer demands towards healthier and artisanal baked goods.
