The global bakery products market size reached USD 532.6 Billion in 2024. According to the IMARC Group, major bakery companies are increasingly embracing clean-label products by eliminating synthetic ingredients, artificial colors, flavors, and preservatives. To address growing health concerns, they are reformulating products using whole grains, dietary fiber, and plant-based proteins, while offering low-fat, low-sugar, and reduced-calorie options tailored to health-conscious consumers and those with dietary restrictions.
Gluten-free bakery demand is increasing due to rising cases of celiac disease, gluten sensitivity, and wheat allergies. Companies are expanding product lines with innovative gluten-free options, reflecting a market shift toward inclusive, health-conscious offerings that meet diverse dietary needs. In the future, the global bakery products industry is set to grow to a worth of USD 701.1 Billion by 2033, growing at a compound annual rate (CAGR) of 3.1% between the forecast period of 2025–2033.
Technological innovation is revolutionizing the bakery sector, with companies incorporating artificial intelligence (AI), machine learning (ML), Internet of Things (IoT), augmented reality (AR), and virtual reality (VR) to make production more efficient, improve quality control, and reduce costs. Environment-friendly, biodegradable, and recyclable packaging options are also becoming trendy as sustainability is at the forefront of everyone's mind.
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The global bakery products market has several major players including ARYZTA AG, Associated British Foods (ABF) Plc, Dr. August Oetker KG, Flowers Foods, Inc., General Mills, Inc., Gruma, S.A.B. de C.V., Grupo Bimbo S.A.B de C.V., JAB Holding Company, Mondelez International, Inc., Rich Products Corporation, Yamazaki Baking Co., Ltd. etc.
Establishment: |
2008 |
Headquarters: |
Zurich, Switzerland |
Website: |
https://www.aryzta.com/ |
ARYZTA AG is a global bakery company specializing in a broad portfolio of in-store bakery solutions. Its product range includes artisan breads, pastries, cookies, donuts, muffins, and buns, catering to diverse consumer preferences. The company drives growth through a strong focus on culinary research and development, consumer insights, marketing, and operational excellence. ARYZTA emphasizes key areas such as food safety, product quality, engineering, logistics, procurement, and sustainability, all contributing to its commitment to innovation, efficiency, and responsible business practices.
Establishment: |
1935 |
Headquarters: |
United Kingdom |
Website: |
https://www.abf.co.uk/ |
A British multinational corporation, Associated British Foods (ABF) Plc is involved in food processing, ingredients, retail, and agriculture. With operations in more than 53 nations, it is the second-largest manufacturer of baker's yeast and sugar worldwide. Its brands include Twinings, Kingsmill, Ovaltine, and Blue Dragon, and it owns fashion retailer Primark. ABF emphasizes sustainability through carbon reduction and renewable energy, while investing in health-focused foods and expanding online and global retail presence.
Establishment: |
1891 |
Headquarters: |
Bielefeld, Germany |
Website: |
https://www.oetker-gruppe.de/ |
Dr. August Oetker is one of Germany’s largest family-owned companies, operating in around 40 countries with a workforce of over 40,000 employees. While rooted in the grain milling industry, the company offers an extensive product portfolio that includes finished cakes, canned goods, pizzas, sweet meals, chilled desserts, snack items, and cooking ingredients. It has also expanded into vegan alternatives across various flavors and specialty cakes, recently launching assorted sheet cake trays to meet evolving consumer preferences.
Establishment: |
1919 |
Headquarters: |
Georgia, United States |
Website: |
https://www.flowersfoods.com/ |
A leading manufacturer of packaged bakery products in the United States, Flowers Foods Inc. sells breads, buns, rolls, snack cakes, tortillas, and pastries. Among its varied brand portfolio are Canyon Bakehouse, Wonder, Dave's Killer Bread, Tastykake, and Nature's Own. With around 246 retail outlets across the nation, Flowers Foods maintains a strong market presence. Thirteen of its bakeries have earned ENERGY STAR® certification, highlighting the company’s dedication to sustainability and environmentally responsible operations.
Establishment: |
1928 |
Headquarters: |
Minnesota, United States |
Website: |
https://www.generalmills.com/ |
General Mills, Inc. is a world leader in the production and marketing of branded consumer food. The corporation markets a diversified portfolio consisting of flour and baking mixes, pet food, snacks, yogurt, and cereals. Its products are sold under 46 popular brands, such as Annie's, Autumn's Gold, Betty Crocker, Bisquick, Blue Buffalo, and Good Measure, for a broad range of consumer tastes within numerous food categories.
Establishment: |
1949 |
Headquarters: |
San Pedro Garza García, Mexico |
Website: |
https://www.gruma.com/ |
Gruma, S.A.B. de C.V. is a multinational Mexican food company with operations across America, Europe, Asia, and Oceania, operating 73 production facilities worldwide. It produces grains, beans, snacks, pasta, sauces, and palm hearts, but its most well-known products are corn masa flour, tortillas, and wraps. Gruma continually adopts new technologies and expands its offerings to meet evolving consumer tastes. Recently, it launched a new corn flour designed for traditional Mexican snacks like gorditas, quesadillas, tlacoyos, and huaraches.
Establishment: |
1945 |
Headquarters: |
Mexico |
Website: |
https://www.grupobimbo.com/ |
Grupo Bimbo S.A.B. de C.V. is a global leader in bakery manufacturing, offering a broad range of fresh and frozen products, including bread, rolls, buns, cookies, crackers, snack cakes, bagels, tortillas, and savory snacks. Operating under clean-label and consumer-focused principles, the company is committed to sustainability, targeting zero waste, net-zero carbon emissions, and regenerative agriculture. With 214 bakeries and over 1,600 sales centers, Grupo Bimbo has a strong presence in 34 countries across the Americas, Europe, Asia, and Africa.
Establishment: |
2012 |
Headquarters: |
Luxembourg |
Website: |
https://www.jabholco.com/ |
JAB Holding Company is a Luxembourg-based private investment company with an eye for long-term investments in food and consumer goods and services. It has considerable presence in the worldwide food and beverage sector, especially in coffee, bakery, and quick service restaurants. JAB operates a range of top brands through strategic acquisitions and alliances. Its strategy focuses on sustainable expansion, operational excellence, and value creation in its subsidiaries, making it a major player in the global consumer packaged goods sector.
Establishment: |
2012 |
Headquarters: |
Chicago, Illinois, United States |
Website: |
https://www.mondelezinternational.com/ |
Mondelez International, Inc. is a global snacking leader headquartered in Chicago, Illinois. Formed in 2012 after Kraft Foods’ split, it focuses on biscuits, chocolate, gum, candy, and powdered beverages. Its portfolio includes iconic brands like Oreo, Cadbury, Toblerone, Ritz, and Trident. Operating in over 150 countries, Mondelez emphasizes innovation, sustainability, and local-market adaptation. The company aims to “empower people to snack right,” balancing indulgence and nutrition while pursuing responsible sourcing and reducing environmental impact across its supply chain.
Establishment: |
1945 |
Headquarters: |
New York, United States |
Website: |
https://www.richs.com/ |
Rich Products Corporation is a global, family-owned food company that delivers a diverse portfolio that includes pizza, cake icings, sweet starters, beverages, finishing touches, culinary solutions, and desserts. It has also established itself as a recognized manufacturer of frozen desserts and soy-based toppings worldwide. Leveraging predictive tools and advanced technologies for food safety and quality assurance, the company is committed to producing premium-quality products that meet the highest industry standards.
Establishment: |
1948 |
Headquarters: |
Tokyo, Japan |
Website: |
https://www.yamazakipan.co.jp/ |
Yamazaki Baking Co., Ltd. is the world’s largest bread-baking company, producing a wide range of bakery and confectionery items, including loaf bread, sweet buns, donuts, hard rolls, and Danish pastries. It leverages advanced European and North American baking technologies to boost efficiency and quality. With a strong focus on quality control, innovation, and entrepreneurial spirit, Yamazaki maintains a robust market presence. The company operates through 109,135 stores and employs around 19,750 people globally.
About Author:
Aditi Kumar Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |