Are you still debating whether or not to pursue a profession as a baker? Well, I’m here to tell you that you most certainly should go for it. Here’s why the baking business can provide you well-paying career and why bakers in particular are in high demand.
Aside from the fact that baked products are loved by almost all people, bakers are in high demand and will continue to be so for two reasons: population increase and income growth. Bread and other baked goods are in high demand as more people dine out and earn more money to spend.
Essentially, the baking industry is thought to be recession-proof simply because baked goods are one of the essential commodities that people continue to purchase even in an unsteady economy. In this scenario, bakers are always needed and sought after.
Population, Income, and the Bakers
According to the United States Department of Labor, the employment of bakers is expected to increase by 8% between 2021 and 2031 which is greater than the average for all industries. Additionally, during the next ten years, there are expected to be, on average, 31,300 jobs for bakers every year.
The expanding population and wealth growth are the primary reasons why bakers are in great demand. That is aside from the fact that baked products are considered essentials and valued by many, and the bakery business has the potential to be recession-proof.
One of the primary reasons bakers are sought after and will continue to be so is due to population growth. As the population expands, more and more people will need baked goods. Even more so now, since the world’s population has more than tripled since the mid-twentieth century. That is according to the United Nations which states that the worldwide population reached 8.0 billion in mid-November 2022, up from an estimated 2.5 billion in 1950.
An increase in income also has a considerable influence on the rising demand for bakers. If customers’ salaries improve, they will have more money to spend on baked goods even if prices climb. This is especially true if the baked products are healthful, as customers are more prepared to spend money on healthier choices.
Five Reasons Why Running a Bakery is Hard
Baking Trends
Now that you understand why bakers are in such great demand and probably have decided to pursue a career as a baker, here are some baking trends you should know to keep up with the competition.
1. Fresh Baked Goods
Fresh-baked foods are one of the trends in 2023, and I wouldn’t be surprised if it remains one of the baking trends in the years to come. Consumers will always choose fresh, safe, and tasty baked goods over old, hard ones. So, when you first begin your baking business, prioritize the freshness of your products, which you can do by baking in small quantities and storing them properly.
2. Low-Calorie Pastries
Low-calorie pastries are also a trend to watch out for since people are becoming more health-conscious and seeking better alternatives. As a result, the market for low-calorie goods is predicted to grow from $11,906.5 million to roughly $23.829.8 million by 2033, according to market research.
3. Baked Goods Made with Organic Ingredients
Baked goods created with organic ingredients are likewise projected to dominate the bakery sector because organic ingredients help generate fresher and safer baked products, which also appeal to health-conscious consumers.
Conclusion
All in all, aside from the simple fact that baked goods are liked by people of all ages and backgrounds, bakers are in high demand for two reasons: 1) population increase, which signifies more consumers, and 2) income growth, which allows consumers to spend on their baked goods indulgence freely. You may look at these factors to help you decide whether or not you should pursue a career as a baker.
How To Make A Living As A Baker
Frequently Asked Questions
The six skills every baker should have are 1) a great understanding of mise en place, 2) communication skills for effective teamwork. 3) attention to detail for decorating, 4) excellent creativity in terms of flavor and texture, 5) ability to remain calm, and 6) hand-eye coordination.
People love baking because taking things that don’t add up to much on their own and combining them to produce something remarkable is satisfying and allows people to share their enthusiasm. It’s arguably the finest part—making someone happy by giving them a handcrafted treat is a wonderful feeling.
Yes, even though bakeries’ average income is smaller than that of restaurants. Bakeries have a high-profit potential since they can operate with lower labor and food expenses than other food company models. In the United States, the average earning of a bakery is somewhere between $325,000 and $450,000.
To learn more on how to start your own bakery business check out my startup documents here
This blog post is provided for informational purposes only. The information contained is not intended to constitute legal advice or to substitute for obtaining legal advice from a qualified attorney.
About the author. Entrepreneur and Bakery Business Fan.
Hi! I am Shawn and I am a happy individual who happens to be an entrepreneur. I have owned several types of businesses in my life from a coffee shop to an import and export business to an online review business plus a few more and now I create online bakery business resources for those interested in starting new ventures. It’s demanding work but I love it. I do it for those passionate about their business and their goals. That’s why when I meet a bakery business owner, I see myself. I know how hard the struggle is to retain customers, find good employees and keep the business growing all while trying to stay competitive.
That’s why I created Bakery Business Boss: I want to help bakery business owners like you build a thriving business that brings you endless joy and supports your ideal lifestyle.