Top 30 Companies in Global Bakery Goods Manufacturing Market (2025–2035): Competitive Analysis and Forecast
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Bakery Goods Manufacturing Market Size is projected to Grow from USD 402.5 Million in 2024 to USD 523.5 Million by 2035, at a CAGR of 2.42% during the forecast period 2025–2035. The market for Bakery Goods Manufacturing is growing demand due to the changing inclination towards baked goods and the continuous expansion of retail & online channels.
Introduction
Bakery Goods Manufacturing Market is an industry that includes the production and sale of various ripe items, such as bread, cake, pastry, cookies and other similar products. Due to increasing urbanization, disposable income and convenience and health consumer, there is an increasing demand for bakery goods. With the emphasis on quality, innovation, and diverse consumer demanding demand, bakery businesses in this dynamic industry are taking place. Manufacturers are making panoramic products, pleasing customers, and contributing to the continuous growth of the bakery industry. Extension of retail and online channels such as e-commerce is quite AIDS in facilitating the purchasing power of fresh and special products of consumers. Launch of healthy and natural material-based bakery products with increasing awareness about health and well-being, the bakery is creating new opportunities in the Goods Manufacturing Market.
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Bakery Goods Manufacturing Market Size & Statistics
- The Market Size for Bakery Goods Manufacturing Was estimated to be worth USD 402.5 Billion in 2024.
- The Market Size is going to Expand at a CAGR of 2.42% between 2025 and 2035.
- The Global Bakery Goods Manufacturing Market Size is anticipated to reach USD 523.5 Billion by 2035.
- North America is expected to generate the highest demand during the forecast period in the Bakery Goods Manufacturing Market
- Asia Pacific is expected to grow the fastest during the forecast period in the Bakery Goods Manufacturing Market.
Regional growth and demand
Asia Pacific is expected to grow the fastest during the forecast period in the Bakery Goods Manufacturing market.
With increasing disposable income and urbanization in the region, an upbroken bakery is running the bakery goods manufacturing market for a western -style diet. The demand for large-scale consumption of bread and biscuits and the demand for low calorie and sugar-free bakery products is promoting the expansion of the market.
North America is expected to generate the highest demand during the forecast period in the Bakery Goods Manufacturing market.
In countries like America, the growing demand for quick-to-eating and easy food items is running a regional market for the manufacture of bakery goods. Transferring consumer preferences, focusing on clean-labeled products and transferring consumer preferences with transparent components focus on transparent components in bakery products, motivating bakery goods manufacturing market.
Top 10 Trends in the Bakery Goods Manufacturing Market
- Plant-Based & Vegan Options
- Functional & Health-Conscious Baked Goods
- Sugar Reduction
- Sustainable Ingredients & Practices
- Eco-Conscious Packaging
- Hybrid and Innovative Pastries
- Global Flavors & Cultural Fusions
- Artisanal Aesthetics
- AI and Tech-Driven Personalization
- Convenience and On-Demand Options
1. Plant-Based & Vegan Options
Demand for plant-based ingredients and vegan recipes is soaring, with bakers using alternatives to eggs, dairy, and other animal products to cater to health-conscious consumers.
2. Functional & Health-Conscious Baked Goods
Consumers seek baked goods with nutritional benefits, such as high-fiber, whole-grain, and low-sugar options, moving beyond mere indulgence.
3. Sugar Reduction
A significant trend is the reduction or elimination of sugar in baked goods, with many products making low/reduced sugar or sugar-free claims.
4. Sustainable Ingredients & Practices
Bakeries are adopting more sustainable practices, including locally sourced ingredients, waste reduction strategies, and energy-efficient baking methods.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Bakery Goods Manufacturing market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Bakery Goods Manufacturing Market
- Grupo Bimbo
- Mondelez International
- General Mills
- Associated British Foods
- Yamazaki Baking
- Kellogg Company
- Flowers Foods
- Britannia Industries
- Aryzta AG
- Campbell Soup Company
- Others
1. Grupo Bimbo
Headquarters: Mexico
Grupo Bimbo is the world's largest bakery company, holding a dominant position in the global bakery goods manufacturing market with operations in numerous countries across the Americas, Europe, and Asia, and a diverse portfolio including bread, buns, cakes, cookies, and tortillas, supported by one of the largest direct distribution networks worldwide. The company's strategy involves both organic growth and acquisitions, which have allowed it to strengthen its presence in existing markets and expand into new regions.
2. Mondelez International
Headquarters: U.S.
Mondelez International is a major global player in the bakery goods manufacturing market, focusing on cookies, biscuits, and snack cakes, including iconic brands like Oreo, Chips Ahoy, BelVita, Ritz, and LU, with strong sales across the globe. The company has been expanding its presence in cakes and pastries through both organic growth of established brands and strategic acquisitions, aiming for global leadership in this growing segment of the market. Mondelez is also responding to market trends by introducing innovative, healthier options and focusing on sustainability within its bakery product portfolio.
3. General Mills
Headquarters: U.S.
General Mills is a major player in the global bakery goods market, operating a diverse portfolio of brands like Pillsbury and Betty Crocker, with both direct-to-consumer (B2C) and business-to-business (B2B) segments. The company's presence includes B2B offerings like premixes and flours for foodservice clients, as well as home baking products, and its growing presence in India exemplifies its strategic focus on key developing markets.
4. Associated British Foods
Headquarters: U.K.
Associated British Foods (ABF) has a strong presence in the bakery goods market through its Grocery and Ingredients segments, which manufacture and supply retail bakery products like bread and cereals under brands such as Kingsmill and Jordans, as well as ingredients like yeast and bakery mixes through its AB Mauri business globally. The company also supplies ingredients to external bakery manufacturers and has retail bakery brands in the UK, making it a diversified and significant player in the industry, originating from bakery roots.
Are you ready to discover more about the Bakery Goods Manufacturing market?
The report provides an in-depth analysis of the leading companies operating in the global Bakery Goods Manufacturing market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Grupo Bimbo
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Mondelez International
- General Mills
- Associated British Foods
- Yamazaki Baking
- Kellogg Company
- Flowers Foods
- Britannia Industries
- Aryzta AG
- Campbell Soup Company
- Others
Conclusion
Bakery Goods Manufacturing Market Size is experiencing significant growth, increasing urbanization, increase in disposable income, and focusing the growing consumer on health and convenience. This dynamic industry is inspired by emphasizing innovation; manufacturers have offered a variety of products to meet diverse consumer demands. The expansion of retail and online channels is playing an important role in making new and special products more accessible, creating new opportunities. This growth is particularly strong in the Asia Pacific, which is expected to grow fastest due to adoption of Western diets, while North America is expected to generate the highest demand, which is operated by consumer preferences for quick and easy food and focuses on clean-labeled products. Overall, the market is characterized by major trends such as the rise of plant-based and vegetarian options in the market, focusing on healthy ingredients, and increasing effects of technology.
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