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 snack and bakery categories we cover in these pages are anchors—hugely influential areas of food that grace pantries and tables the world over.

Now in its third year, the “Top 50 Snack & Bakery Companies” on our list all have varying degrees of focus on snack foods and baked goods for the U.S. market (listed revenue comprises total company sales for the noted year, globally where applicable, in U.S. dollars).

Top 50
Snack and Bakery
Companies

Current Top 50
2017
2016

The top company on the list, Nestlé—which is the largest food company in the world—saw growth during fiscal 2017—from $87.8 billion in 2016 to $90.8. That said, Mark Schneider, CEO, reported that 2017 sales growth was below expectations due to challenging markets in the U.S. and Brazil, but that sales growth in Europe and Asia was “encouraging.”

PepsiCo, second on the list, grew by approximately 1 percent. The company reports that it built on the success of its Frito-Lay Simply brand with new products like Simply Doritos White Cheddar. As of 2017, PepsiCo deems that 50 percent of its total product portfolio is “better for you” or “good for you,” a significant change over the past decade.

Campbell Soup Co. climbed up one slot on the Top 50 despite a slight loss. This was possible due to a more-significant revenue decline at Conagra Brands, primarily due to its spinoff of its Lamb Weston business into an independent company, and divestiture of the Spicetec Flavors & Seasonings and JM Swank businesses in early fiscal 2017.

Arca Continental saw a significant jump from fiscal 2016 to 2017. Although the bulk of its business is tied to bottling Coca-Cola Co. products in Latin America, the company has owned Wise Snacks since 2012, and also acquired Deep River Snacks in late 2017. Arca noted that its snack business saw growth thanks to new placement of a Wise Snacks popcorn variety pack in Walmart stores.

In June 2018, The Wonderful Co. announced that it had grown at a rate of 13 percent, claiming a crown as the No. 1 growth leader among all multibillion-dollar CPG companies. The company reports that it accomplished this growth by developing differentiated offerings, targeting consumers with greater precision and expanding into new markets.

For fiscal 2017, B&G Foods sales increased 20 percent to $1.7 billion, more than doubling the size of its business in three years. It climbed from No. 27 to No. 25 on the Top 50. During 2017, B&G Foods saw a revenue jump thanks in part to its acquisition of Back to Nature, which has a presence in cookies, crackers and nuts/trail mix, as well as other categories.

Quest Nutrition has skyrocketed to success over the past few years, with tremendous gains across its bar business—and now also offers protein-fortified chips and pizza. The company was founded in 2010 and has grown to an estimated value of over $1.0 billion.

 J&J Snack Foods Corp. grew 7 percent from fiscal 2016 to 2017. Growth came from strong performance in the foodservice channel—particularly soft pretzels, churros and handhelds—and via acquisitions of Hill & Valley, which supplies the in-store bakery channel, and Labriola Baking, a producer of specialty breads and soft pretzels.

View 1-25 of the Top 50
Rank Company 2017 Sales 2016 Sales
1Nestlé S.A.$90.8 billion$87.8 billion
2PepsiCo$63.5 billion$62.8 billion
3Kraft Heinz Co.$26.2 billion$26.5 billion
4Mondelez International$25.9 billion$25.9 billion
5General Mills$15.6 billion$16.6 billion
6Grupo Bimbo S.A.B. de C.V.$14.3 billion$13.5 billion
7Kellogg Co.$12.9 billion$13.0 billion
8Campbell Soup Co.$7.9 billion$8.0 billion
9Conagra Brands$7.8 billion$8.7 billion
10The Hershey Co.$7.5 billion$7.4 billion
11Arca Continental S.A.B. de C.V.$7.0 billion$4.5 billion
12The Wonderful Co.$6.6 billion*$5.1 billion*
13TreeHouse Foods$6.3 billion$6.2 billion
14Post Holdings$5.2 billion $5.0 billion
15ARYZTA$4.3 billion$4.4 billion
16Flowers Foods$3.9 billion$3.9 billion
17Rich Products Corp.$3.8 billion*$3.6 billion*
18Gruma S.A.B. de C.V.$3.4 billion$3.3 billion
19Pinnacle Foods$3.1 billion$3.1 billion
20The Schwan Food Co.$3.1 billion*$3.0 billion*
21The Hain Celestial Group$2.9 billion$2.9 billion
22CSM Bakery Solutions$2.6 billion*$2.9 billion*
23Snyder’s-Lance$2.2 billion$2.1 billion
24Premium Brands Holding Corp.$2.2 billion$1.9 billion
25B&G Foods$1.7 billion$1.4 billion
* Estimated, privately held company
View 26-50 of the Top 50
Rank Company 2017 Sales 2017 Sales
26Hearthside Food Solutions$1.5 billion*$1.3 billion*
27Blue Diamond Growers$1.5 billion$1.7 billion
28McKee Foods Corp.$1.4 billion*$1.4 billion*
29Seneca Foods Corp.$1.2 billion$1.3 billion
30Lancaster Colony Corp.$1.2 billion$1.2 billion
31Shearer’s Foods$1.2 billion*$1.2 billion*
32Quest Nutrition$1.2 billion*410 million*
33J&J Snack Foods Corp.$1.1 billion992.8 million
34United States Bakery/Franz Bakery$1.0 billion*$1.0 billion*
35Utz Quality Foods935 million*800 million*
36H&S Bakery877 million*812.1 million*
37CLIF Bar & Co.814.6 million*780.5 million*
38Hostess Brands$776.2 million$727.6 million
39Ruiz Food Products776 million*685 million*
40KIND LLC$727.0 million*$452.6 million*
41Gilster-Mary Lee Corp.$685.0 million*$700.4 million*
42Kings Hawaiian Bakery West$579.5 million*$484.7 million*
43Krispy Kreme Doughnuts$544.0 million*$518.7 million*
44Herr Foods$483.5 million*$481.0 million*
45Atkins Nutritionals$340.0 million*$325.1 million*
46Olé Mexican Foods$327.0 million*$312.4 million*
47Palermo Villa$312.4 million*$300.0 million*
48Bon Appetit Danish$289.0 million*$294.8 million*
49Perfection Bakeries/Aunt Millie’s Bakeries$274.4 million*$285.3 million*
50Truco Enterprises$216.0 million*$204.3 million*
* Estimated, privately held company