Top Manufacturers in the Bakery Products Market

Jun 17, 2021

Top Manufacturers in the Bakery Products Market

The global bakery products market reached a value of US$ 478.4 Billion in 2021. As per the analysis by IMARC Group, the top manufacturers in the bakery products market are focusing on producing clean label products to meet consumer demands. They are using natural and minimally processed ingredients in these products, such as whole wheat flour, honey, and enzymes. Market players are also incorporating gluten- and preservative-free and organic products in their portfolio. Other major trends in the industry include the rise of personalized and eco-friendly packaging and the expanding demand for savory baked goods. Additionally, the leading producers in the industry are employing state-of-the-art bakery processing equipment and technologies, including turnkey production systems, continuous mixing technology, and dough forming and handling technology to improve the production process. Looking forward, IMARC Group expects the bakery products market to reach US$ 612.4 Billion by 2027, exhibiting at a CAGR of 4.0% during 2022-2027.

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List of Top Manufacturers in the Global Bakery Products Industry:

Grupo Bimbo S.A.B de C.V.

Establishment: 1966
Headquarter: Mexico City, Mexico
Grupo Bimbo one of the biggest commercial bakery manufacturers in Mexico and is known for its soft, white sandwich bread. It offers over 13,000 products under nearly 100 umbrella brands, including Sara Lee, Marinela, Bimbo, Arnold, Barcel, and Ricolino. The company specializes in the production, distribution and sales of breakfast bread bagels and muffins, different size cakes, tortillas, pizza bread, salads, frozen bread, sweet and non-sweet cookies, and snacks. At present, Grupo Bimbo operates in more than 20 countries, including the United States, Canada, the United Kingdom, Switzerland, and Japan.

Yamazaki Baking Co., Ltd.

Establishment: 1948
Headquarter: Tokyo, Japan
Yamazaki Baking is one of the leading manufacturers of bread and baked products in the world. It mainly operates in three business segments, namely, the food, distribution, and others (supervision and construction of food manufacturing facilities) segments. Amongst these, under the food segment, Yamazaki produces a wide array of wheat bread and bread-based items. It also sells European- and Japanese-style cakes and confectioneries, rice bread, and cooked bread and sandwiches. With a workforce of 19,832 employees, the company operates nearly 109,361 stores.


Establishment: 2008
Headquarter: Zurich, Switzerland
Aryzta is a global supplier of specialty baked goods. With a workforce of 15,213 employees, the company is based in Zurich, Switzerland. Some of the most popular products manufactured by the company include sweet baked goods, artisan bread, morning goods and other savory items, such as pies, pizza and tarts. It mainly operates in Asia, South America, and Europe. Aryzta has established various brands under its umbrella, which include Mette Munk, Hiestand, Pre Pain, Cuisine de France, Cous de Pates, La Brea, Otis Spunkmeyer, and Fornetti.

Flowers Foods Inc.

Established: 1919
Headquarter: Georgia, United States
Flower Foods is one of the largest manufacturers and marketers of packaged baked goods in the United States. It mainly sells buns, snack cakes, bread, rolls and tortillas. This product range is offered under various brands, including Dave’s Killer Bread (DKB), Canyon Bakehouse, Sunbeam Bread, European Bakers, Nature’s Own, Wonder, Tastykake, Bunny Bread and Mrs. Freshley’s. The company markets its snacks and bakery products through multiple distribution channels, such as vending outlets, supermarkets, mass merchandisers, and convenience stores. Flower Foods operates nearly 246 stores across the country.

Rich Products Corporation

Established: 1945
Headquarter: New York, United States
Since its inception in 1945, Rich Products has established its name as a niche manufacturer of frozen desserts and soy-based toppings across the globe. Other than this, the product portfolio of the company consists of pizza doughs, beverages, cake icings, nut-free cookies, soaked cakes, bread, rolls, and cooking creams. At present, Rich Products operates with a team of over 11,000 associates based in more than 100 countries, which include India, Canada, the UK, Thailand, Japan, Argentina, Brazil, Turkey, Australia, Mexico and GCC region.

Dr. August Oetker Nahrungsmittel KG

Establishment: 1891
Headquarter: Bielefeld, Germany
Dr. August Oetker is a Germany-based company that operates in the grain milling industry. It manufactures and distributes its products across 43 countries in Africa, Australia, Western and Eastern Europe, and North and South America. In Germany, the company sells nearly 1,000 products. On the other hand, it produces more than 4,000 baked items across the globe, which include baking mixes, desserts, chilled desserts, ready cakes, frozen snacks and pizzas, preserving products, decorations, muesli, and refining products.

Gruma, S.A.B. de C.V.

Establishment: 1949
Headquarter: San Pedro Garza García, Mexico
Since its establishment in 1949, Gruma has become one of the leading corn flour and tortilla producers across the globe, with more than 20 varieties of corn flour. The company’s subsidiaries are engaged in the production of flatbread, snacks, grits and hearts of palm. Gruma operates corn flour division in Mexico, and packaged tortillas and corn flour divisions across Europe and the United States. Some of the popular brands that function under the umbrella of Gruma include Calidad, Guerrero, Mission, and Tortimasa.

General Mills, Inc.

Established: 1860
Headquarter: Minnesota, United States
General Mills is a US-based producer and marketer of consumer and pet food products. The company mainly operates in five segments: pet, Europe and Australia, Asia and Latin America, and North America retail, convenience stores and foodservice. It sells flour and baking mixes to grocery stores and bakeries; and snacks, yogurt, and branded cereals to restaurants, schools and hotels. Other than this, General Mills offers ethnic meals, side dish mixes, frozen hot snacks, frozen breakfast, meal kits, pizza, soup, and premium ice cream. The company operates over 45 facilities across the globe. Amongst these, nearly 10 are located in Latin America, Europe and Australia, 25 in the US, and less than 5 in the Greater China region.

Associated British Foods (ABF) Plc

Established: 1935
Headquarter: Mayfair, United Kingdom
Associated British Foods (ABF) is a leading international ingredient, retail and food company. It mainly operates in the sugar, ingredients, drover, retail and agriculture segments. Amongst these, the grocery segment manufacturers supply sweeteners, balsamic vinegar, cereals, meat products, hot beverages, vegetable oils, and bread and baked goods. The sugar segment operates in the processing and growth of sugar cane and sugar beet that are sold to industrial users. On the other hand, the agriculture segment is engaged in the production of animal feed and the delivery of other products and services to the agriculture sector. Similarly, the ingredients segment mainly functions in the production of bakery ingredients, lipids, cereal specialties, bakers’ yeast, enzymes, and yeast extracts. Whereas the retail segment operates in the merchandising and purchasing of value accessories and clothing through the retail chains of Primark and Penney. ABF mainly operates in the US, France, Italy, Germany, the Republic of Ireland, and Spain.


About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the bakery products industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development

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