First Research US Industry Profile

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Bakery Product Manufacturing
SIC Codes: 2051, 2053, 5461
NAICS Codes: 31181
Last Quarterly Update: 5/6/2019
Companies in this industry make fresh and frozen bread as well as cakes, pies, and doughnuts. Major companies include Dawn Foods, Flowers Foods, McKee Foods, and United States Bakery (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's largest trading partner for both imports and exports of bakery products, followed by Mexico.
The US bakery products industry includes about 3,300 commercial bakeries with combined annual revenue of about $39 billion, along with about 6,500 retail bakeries with annual revenue of about $4 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 commercial side of the industry is concentrated: the 50 largest companies generate about 75% of revenue. The retail side of the industry is highly fragmented: the 50 largest companies generate about 20% of revenue, and the typical company operates just one facility.
Products, Operations & Technology
Major products include baked breads, mainly white, wheat, and rye, which account for about 40% of US commercial bakery sales. About 30% of sales come from ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

02/04/2019
10/29/2018
07/30/2018
04/30/2018
01/29/2018
10/23/2017
07/24/2017
04/24/2017
01/23/2017
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07/18/2016
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10/05/2015
07/06/2015
04/06/2015
01/12/2015
10/13/2014
07/21/2014
04/21/2014
01/27/2014
10/21/2013
07/29/2013
05/06/2013
02/11/2013
11/05/2012
08/13/2012
05/28/2012
03/05/2012
11/14/2011
08/15/2011
04/25/2011
01/24/2011
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07/26/2010
04/19/2010
01/25/2010