Bakery Product Manufacturing
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 about $43 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 breads and rolls, which account for about 55% of industry revenue. Frozen cakes, pies, and other pastries account for about 15%,
... plus:
Sales & Marketing
,
Finance & Regulation
,
Regional & International Issues
,
Human Resources
Also includes the following chapters:
Quarterly Industry Update
,
Industry Indicators
,
Business Challenges
,
Trends and Opportunities
,
Call Preparation Questions
,
Financial Information
,
Industry Forecast
,
Industry Websites
,
Glossary of Acronyms