NATIONAL MUFFIN DAY
Muffins are universally loved; thus, February 20 has been designated National Muffin Day. Muffins are a great quick breakfast solution, and if you want a good mid-morning light meal, Muffins will do good instead of toast. Since the 18th century, Americans have had American-style muffins; in Wales, English muffins have existed for over 1000 years. They are easy to make and give as a gift. As we celebrate National Muffin Day, you can grab a lot of muffins and enjoy eating them.
ABOUT THE BAKERY INDUSTRY
Although the baking industry is still fragmented, especially for small bakery retailers, the sector has nearly 3000 commercial and 600 retail bakeries. It also generates over $30 billion in revenue annually, with Campbell Soup Co., Grupo Bimbo, and Flower Foods being the largest producers accounting for 55% of the commercial bakery revenue.
According to The American Bakers Association reports, baked goods made and sold in the USA amount to $423 billion. Although the profits in the industry are not very high and bakeries can't always transfer raising costs to clients, the baking industry employs close to 800,000 people while generating over 44$ in wages.
Additionally, 65% of all bakeries employ less than ten people, while 44% have between 1 to 4 employees, with a majority of small retailers still having only one facility. Still, Retail bakeries account for $3 billion, while commercial bakeries generate $31 billion in revenue.
