Bakery Product Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 8/12/2024
SIC Codes: 2051, 2053, 5461
NAICS Codes: 31181
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
View Full Sample Add To Cart

Excerpt from Bakery Product Manufacturing Industry Profile

Companies in this industry make fresh and frozen bread as well as cakes, pies, and doughnuts. Major companies include Dawn Foods, Flowers Foods, Franz Bakery, and McKee Foods (all based in the US), along with Allied Bakeries (UK), ARYZTA (Switzerland), Grupo Bimbo (Mexico), Weston Foods (Canada), and Yamazaki Baking (Japan).

Because of the perishable nature of bakery products, international trade does not play a major role in the industry. However, disruptions in grain production and trade can have significant effects on global supplies and prices of ingredients. Canada is by far the US' largest trading partner for both imports and exports of bakery products, followed by Mexico, according to the Observatory of Economic Complexity (OEC).

The US bakery products industry includes about 10,000 establishments with a combined annual revenue of $42 billion.

COMPETITIVE LANDSCAPE

Demand is driven by consumer preferences and by the extent to which grocery stores choose to operate their own bakeries rather than buy from commercial bakeries. Profitability for individual companies is determined by efficiency of operations. Large companies have scale advantages in procurement, production, and distribution. Small companies can compete by offering specialty goods or superior local distribution services.

In the US, the industry is concentrated: the 50 largest companies generate about 60% of revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products include baked breads, mainly white, wheat, and rye, together with rolls and other bread-types, which account for about 60% of industry revenue. Frozen cakes, ...

 
View Full Sample Add To Cart Return to the Industry Profile Menu

Would you or your company benefit from having unlimited access to First Research's industry intelligence tools?

Learn More About Subscription Options