date:Nov 12, 2012
US bakers generate $30 billion a year, according to a new report.
Research and Markets Bakery Product Manufacturing report claims that the US industry comprises 2,800 commercial bakeries. A further 6,000 retail bakeries generate an additional $3 billion.
Larger firms dominate the landscape with the fifty biggest firms generating 75% or revenues.
The report notes a highly fragmented retail bakery industry with the fifty largest firms accounting for 15% of revenue. Retail bakers typically opera