UK bread market returns to growth amid pandemic

first_imgSource: Getty ImagesThe UK bread market is on track for 3.5% value growth and the highest volume sales since 2015, according to the latest data from Mintel.These figures were revealed at a webinar called ‘The impact of Covid-19 on bread and baked goods’, which was hosted by the British Society of Baking (BSB).Value sales for 2020 are estimated to reach £3.5bn – an increase of 3.5% from 2019 and 4.5% from 2018. This has predominantly been driven by the market’s biggest segment, pre-packed bread, which is set to grow 6% in value year on year to £1.8bn. Speciality bread and rolls, meanwhile, are anticipating double digit growth of 11% to £1.1bn.“Up until 2019 the overall picture for the bread retail market was one of volume decline,” said Emma Clifford, associate director – food & drink research UK at Mintel.“This was fuelled by a number of different factors but it’s mainly because bread has had to compete with an ever-growing array of different breakfasts and lunchtime alternatives. Competition from foodservice has intensified too and this has been steadily chipping away at sales. Of course, with the pandemic it’s all change this year.”Volume sales are expected to rise 5% in 2020 with 1.78bn kgs of bread sold. This represents a 4.6% increase from 2019 and, if achieved, would be the highest bread volume sales since 2015.While the picture is generally positive, some areas of the retail bread market have suffered. Value sales at in-store bakeries are on track for a 14% decline versus 2019, falling from £668m to £574m.“Sales at in-store bakeries have taken a big hit because of their temporary closures but also because of concerns around the safety and hygiene of unpackaged goods,” she added.Market breakdownWhite bread was the ‘star performer’ in pre-packed bread with UK retail value sales expected to grow by 8% to £930m. This, she added, is partly due to its recognition as a comforting and feel good food. Bread with bits, meanwhile, is due to grow by 7% while brown bread sales remain flat.Bagels and wraps have also increased their hold on the breakfast and lunchtime markets with 22% and 17% value growth, respectively.Looking to the future, Mintel believes sales will fall again – but at a slower rate than before.“2020 is of course an exceptional year but sales are going to fall back down next year as more breakfasts and lunches are eaten out of home again,” Clifford said. “However, volume sales are set to remain higher than they were before the pandemic and the rate of decline is set to be slower, so we are expecting the positive influence of the pandemic on the market to be one that lasts.”Looking at value sales, Clifford said they would also fall back down next year but after that inflation would keep them growing over the next few years. The potential impact of Brexit would also play a part in pushing up prices.To find out what effect the pandemic had on the UK cake market, read our latest feature: How has coronavirus affected the UK cake market?last_img read more

David Fincher’s ‘Mank’ has topped Golden Globe nominations with 6 nods, while Netflix dominates

first_imgNEW YORK (AP) — David Fincher’s ‘Mank’ has topped Golden Globe nominations with 6 nods, while Netflix dominates.last_img

Russell Westbrook trade rumors: Rockets in pursuit despite deal being a ‘long shot’

first_img NBA trade news: Warriors deal Andre Iguodala to Grizzlies, say they’ll retire his jersey NBA trade news: Bulls acquire Tomas Satoransky from Wizards Oklahoma City’s Russell Westbrook is garnering plenty of trade interest.The Heat and Pistons have emerged as possible suitors for the Thunder’s star guard, but the Rockets are also in the picture now, according to a report from ESPN, which cites unidentified league sources. One Houston source described its chances of getting Westbrook a “long shot,” but that doesn’t mean it won’t try to make things work. Rockets general manager Daryl Morey reportedly explored moving every player not named Paul or Harden this offseason, including Clint Capela and Eric Gordon. Striking out on Jimmy Butler doesn’t seem to have deterred Houston’s desire to improve.The Thunder traded Paul George to the Clippers in exchange for Shai Gilgeous-Alexander, Danilo Gallinari and five future first-round draft picks and are already rumored to be discussing where Westbrook could be dealt this summer. Oklahoma City could be in the beginning phases of a major rebuild while the Rockets are looking to rise to the top of the Western Conference now. If an agreement is reached, both sides could come out better for it.center_img Houston has been ambitious in its pursuit of top talent, and ESPN’s report states it might be able to acquire Westbrook without moving Chris Paul, who has three years and $125 million remaining on his contract. Westbrook has $171 million remaining on his current deal. The Rockets would likely have to orchestrate a complicated multi-team deal to land Westbrook, but it could be worth it, as he has been successful playing alongside their star James Harden in the past. Westbrook and Harden were once both blossoming stars in Oklahoma City and made their NBA Finals debuts with the Thunder in 2012 alongside Kevin Durant — but ultimately fell to LeBron James’ Heat in five games. Neither has been back since.However, both players have made tremendous progress in the past few years. Westbrook was named the league’s MVP in 2016-17 and has averaged a triple-double for three consecutive seasons. Harden won MVP honors the following season and finished second in the voting three times. He averaged a staggering 36.1 points per game in 2018-19. Related Newslast_img read more

Promotion of the Book on Sports Champions of B&H to be held

first_imgThe promotion of the second, revised edition of the book “Sportskivremeplov.ba” written by Muhamed Bikić is to be held at the Motel Centar in Vareš today, starting from 18 o’clock, announced the author of this book.Guinness record holders Muhamed Kahrimanović and Edin Kajević are promoting the book about BH sports champions in Vareš.This interesting book was earlier promoted in Sarajevo, Bugojno, Breza, Mostar, Zenica, Plav, Travnik, Visoko, Zavidovići, Kakanj, Odžak, Ilijaš, Tuzla and Goražde.(Source: nap.ba)last_img