| 1 | Tyson Foods Inc. | Springdale, AR | Donnie D. King, President &CEO | $52.8B | 10/ 01/23 | Tortillas, breadsticks | 123 |
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| 2 | General Mills Inc. | Minneapolis, MN | Jeff Harmening, CEO & Chairman | $20.1B | 05/ 31/23 | Bread, dough | 24 |
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| 3 | Conagra Brands | Chicago, IL | Sean Connolly, President & CEO | $12.2B | 05/ 31/23 | Dough, bread, cakes, pies | 38 |
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| 4 | Flowers Foods Inc. | Thomasville, GA | Ryals McMullian, CEO | $5B | 01/ 01/23 | Bread, cookies, dough | 45 |
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| 5 | Rich Products Corp. | Buffalo, NY | Richard Ferranti, CEO | $4.8B* | 12/ 31/23 | Bread, rolls, bagels, biscuits, cookies, cakes, dough, pizza crust | 41 |
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| 6 | Schwan's Co. | Marshall, MN | Brian Schiegg, CEO | $3.1B | 12/ 31/23 | Dough, pies | 17 |
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| 7 | CSM Bakery Solutions | Atlanta, GA | Marianne Krikegaard, President & CEO | $3B | 12/ 31/23 | Dough, bread, cookies | 8 |
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| 8 | Dawn Food Products | Jackson, MI | Carrie Jones-Barber, CEO | $2B* | 12/ 31/23 | Caks, cookies, dough, breakfast items | 57 |
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| 9 | Lancaster Colony Corp. | Westerville, OH | David A. Ciesinski, CEO | $1.8B | 6/31/2023 | Garlic bread, rolls | 10 |
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| 10 | Weston Foods | Toronto, Ontario, Canada | Luc Mongeau, President | $1.7B* | 12/ 31/23 | Bread, cakes, pies, desserts, cookies, rolls, bagels, biscuits | 40 |
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| 11 | ARYZTA North America | Los Angeles, CA | Urs Jordi, CEO | $1.6B* | 07/ 31/23 | Cookie dough, ready-to-bake bread | 19 |
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| 12 | J&J Snack Foods Corp | Pennsauken, NJ | Dan Fachner, President | $1.5B | 09/ 30/23 | Soft pretzels, pretzel rolls, pocket sandwiches, handheld pies | 16 |
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| 13 | Hostess Brands | Kansas City, MO | Andrew P. Callahan, President & CEO | $1.4B | 09/ 30/23 | Baked goods | 5 |
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| 14 | FGF Brands | Toronto, Ontario, Canada | Sam Ajmera, Chairman | $1.25B* | N.A. | Desserts, sweet goods, flatbreads, laminated dough | 10 |
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| 15 | Europastry | Ronkonkoma, NY | Fernando Garcia Ferrer, CEO | $1.07B* | 12/ 31/23 | Bread, cookies, dough | 3 |
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| 16 | Harlan Bakeries, LLC | Avon, IN | Hugh Harlan, President | $845M* | 12/ 31/23 | Break, cookies, dough | 5 |
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| 17 | Give and Go Prepared Foods Corp. | Toronto, Ontario, Canada | Joel Flatt, President & CEO | $600M* | 06/ 30/23 | Bread, rolls, bagetls, biscuits, dough, cookies, cakes, desserts | 6 |
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| 18 | Sara Lee Frozen Bakery | Oakbrook, IL | Craig Bahner, CEO | $550M* | 06/ 30/23 | Breads, cakes, pies, pastries, sweet goods | 5 |
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| 19 | Turano Baking Co. | Berwyn, IL | Renato Turano, Chairman | $215M* | 12/ 31/23 | Bread | 5 |
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| 20 | Bridgford Foods Corp. | Anaheim, CA | Michael Bridgford, Chairman | $205M* | 10/ 30/23 | Dough, bread, rolls, biscuits | 5 |
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