The rapid expansion of Greggs, Britain's largest bakery chain, has sparked debate about whether the company is overbaking its growth ambitions.
On an industrial scale, Greggs produces a staggering 4.5 tonnes of pastry at any given time at its factory in Newcastle upon Tyne. The sausage rolls and other baked goods sold at the company's 2,675 UK outlets will have been produced and frozen here before being baked in-store.
Despite the impressive production line, analysts say the chain is sitting at a crossroads and may be overexpanding. Panmure Liberum analyst noted that Greggs sits near the limit with around 2,000 branches, similar to Subway. They expect it will take several years for the company to reach its maximum number of stores.
Furthermore, the UK's appetite for pastry has led to concerns about sustainability and the growing demand for healthier options. The chain has introduced fruit pots and salads to cater to this trend.
On an industrial scale, Greggs produces a staggering 4.5 tonnes of pastry at any given time at its factory in Newcastle upon Tyne. The sausage rolls and other baked goods sold at the company's 2,675 UK outlets will have been produced and frozen here before being baked in-store.
Despite the impressive production line, analysts say the chain is sitting at a crossroads and may be overexpanding. Panmure Liberum analyst noted that Greggs sits near the limit with around 2,000 branches, similar to Subway. They expect it will take several years for the company to reach its maximum number of stores.
Furthermore, the UK's appetite for pastry has led to concerns about sustainability and the growing demand for healthier options. The chain has introduced fruit pots and salads to cater to this trend.