Pastry prices in Europe may rise due to a butter shortage
There are fears over price hikes for pastries as bakers in France have warned that the rising cost of butter is eating into their profits.
The federation of French biscuit and cake makers has said the industry has been seriously affected by a 92 per cent rise in the price of butter.
The commodity is significantly important for pastry-making - it accounts for up to a quarter of the mixture for croissant pastry, according to the Guardian.
“There is a real threat of butter shortages by the end of the year which could lead to panic on markets," added Matthieu Labbe, a bakers’ industry spokesman.
The industry has called on retailers and restaurants to reflect the pressure bakers are under in the prices customers pay to attempt to alleviate more pressure for them.
Soaring butter prices have been blamed on lower milk yields in France and across the continent this year.