$415.9bn
$XX.Xbn
2m
113k
$XX.Xbn
Global bakery goods manufacturing has nearly stagnated in recent years because of numerous challenges. Demand for bakery products has risen slowly in the mature markets of Western Europe and North America, which has caused manufacturers to seek opportunities in higher-growth regions. These have just barely been enough to offset revenue contraction overall. Through the end of 2024, revenue for global bakery goods manufacturers is expected to inch up at a CAGR of 0.8% to reach $415.9 billion, with a 2.8% boost in revenue expected in 2024, while profit will likely drop to 2.7% in 2024.
Industry revenue has grown at a CAGR of 0.8 % over the past five years, to reach an estimated $415.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Grupo Bimbo SAB de CV | 19,947.7 | N/A | N/A | |
Mondelez International Inc. | 18,140.5 | 2,961.6 | 16.3 | |
Yamazaki Baking Co. Ltd. | 8,496.2 | N/A | N/A |
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Industry revenue is measured across several distinct product and services lines, including Fresh and frozen bread and rolls, Cookies, crackers and pretzels and Fresh and frozen cakes, pies and other pastries and desserts. Fresh and frozen bread and rolls is the largest segment of the Global Bakery Goods Manufacturing.
Fresh and frozen bread and rolls is decreasing as a size of revenue
This industry includes companies that primarily manufacture fresh and frozen bread and other bakery products. The industry acquires raw materials, such as flour, starch, sugar, meat, dried fruit, emulsifiers, flavorings, preservatives, additives, gluten, vitamins and food acids, and processes them into consumer food products, such as bread, doughnuts, cakes, pies and pastries. These are then sold to supermarkets, convenience stores, food service providers and other retailers.
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Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Growth has stagnated in matured markets, and growth in emerging economies is barely enough to create positive overall revenue increase. Countries that traditionally didn’t co...
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Per capita bread consumption in North America and Western Europe has stagnated over the past decade. Conversely, bread consumption in South America remains very high, support...
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There are more than 16,000 manufacturers of bakery goods across Europe. This trend is most pronounced in countries where there is a greater tradition of buying freshly baked ...
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Most global baked goods manufacturers serve local communities. The industry is characterized by numerous small commercial bakeries operating in a highly mature and fragmented...
Learn about the performance of the top companies in the industry.
Grupo Bimbo acquires Romanian company Vel Pitar bakery. Vel Pitar has 12 recognized brands of breads and related products and employees 1,800 employees.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Production and labeling standards for bakery goods manufacturers are primarily governed by the Food and Drug Administration (FDA). The FDA's mission is to promote and protect...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit margins can grow with a good brand. Profit can vary between product segments, with branded products generating higher profit than generic goods.
Including values and annual change:
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The market size of the Global Bakery Goods Manufacturing industry in Global is $415.9bn in 2024.
There are 113k businesses in the Global Bakery Goods Manufacturing industry in Global, which has grown at a CAGR of 3.5 % between 2019 and 2024.
The market size of the Global Bakery Goods Manufacturing industry in Global has been growing at a CAGR of 0.8 % between 2019 and 2024.
Over the next five years, the Global Bakery Goods Manufacturing industry in Global is expected to grow.
The biggest companies operating in the Global Bakery Goods Manufacturing market in Global are Grupo Bimbo SAB de CV, Mondelez International Inc. and Yamazaki Baking Co. Ltd.
Bread and rolls manufacturing and Doughnut manufacturing are part of the Global Bakery Goods Manufacturing industry.
The company holding the most market share in Global is Grupo Bimbo SAB de CV.
The level of competition is high and increasing in the Global Bakery Goods Manufacturing industry in Global.