Inflation continues to eat away (no pun intended) at the food budgets of the average U.S. consumer. The effects are being felt by all manner of businesses, from restauranteurs serving fewer diners in their establishments to many snack and bakery producers moving fewer units than pre-pandemic days.
The grain-focused snack and bakery industry accounts for over $100 billion in annual retail sales. The core of those offerings originate from a select group of businesses, some who have served American consumers for many decades.
Revenue from the U.S. grain-based snack and bakery industry accounts for over $100 billion in annual retail sales, and a significant portion of that total comes from the top 50 companies, ranked according to annual revenue.
The U.S. grain-based snack and bakery industry, as regularly covered in Snack Food & Wholesale Bakery, accounts for over $100 billion in annual retail sales; and many companies add incrementally more revenue by serving foodservice and other customers.
When combined, the grain-based snack and bakery industry in the U.S., as covered in Snack Food & Wholesale Bakery, accounts for over $100 billion in annual sales - and that's just at retail.
The U.S. retail snack industry is currently valued at nearly $40 billion, accounting for sales of salty snacks like chips, popcorn, pretzels, puffed/extruded snacks and tortilla chips, as well as crackers, frozen grain-based snacks and appetizers like pizza rolls, and snack mixes and nuts.
The top companies in the snack and bakery industry today include everything from massive international public corporations to niche-driven, highly successful, family-owned businesses.