BEMA-INTEL
Discover decision-making data
What is BEMA Intel?
The BEMA Intel Industry Summary report presents at-a-glance topline trends for key U.S. economic and commercial baking industry indicators. Updated quarterly, this overview provides a high-level view of the state of commercial baking and equipment manufacturing industries to aid in planning and critical decision making.
How Our Members Use BEMA Intel
“BEMA INTEL has become an indispensable tool in our day-to-day operations. The platforms comprehensive data and insights provide a clear picture on the state of the baking industry, helping me stay informed on key trends and emerging opportunities. I regularly use BEMA INTEL to identify shifts in the market and share these critical insights with my sales team, this enables us to anticipate changes, adapt strategies, and remain competitive in this dynamic industry. The actionable intelligence from BEMA INTEL is a game changer for making informed decisions and success in our business.”
Eric Cruse – Middleby Bakery Group
Learn More!
BEMA Intel Details
Our Executive Summary is available to all. Only BEMA members can access the full quarterly BEMA Intel report. To access the report, login to your BEMA member account.
Not a BEMA member? Reach out to BEMA Membership Manager Wes Luczak to discuss membership options.
BEMA Intel Industry Indicators
This report contains detailed, historical. and current trending data for key industry indicators most helpful in understanding the changing health of the U.S. commercial baking and equipment manufacturing industries, as provided by data from Circana, Milling and Baking News, USDA and more. The complete report is only available to BEMA members.
BEMA Intel Member Pulse Survey
A confidential online survey among BEMA equipment manufacturing members reflecting global and U.S. industry outlooks, company outlook by product channel and bookings/sales, and top business challenges. The full results of this survey are only available to BEMA members.
Questions about BEMA Intel? Email Wes Luczak.
BEMA Intel Industry Indicators
- In the fourth quarter of 2025, Commercial Aisle Bakery dollar sales for the quarter totaled $23.2 billion, an increase of 0.6% compared to the corresponding quarter in 2024. Unit sales were also up 2.3% for the same period. Dollar and unit sales were down significantly for commercial aisle bread, buns & rolls, cakes and cookies, while snack cakes saw an increase in dollar and unit sales.
- In the fourth quarter of 2025, In-Store Bakery dollar sales were up 2.3% to $6.3 billion compared to the corresponding quarter a year ago, with unit sales up 0.1%.
- Importantly, the Grain-Based Foods Stock Index was down 9.2% in the fourth quarter of 2025, while the S&P 500 increased a full 45.3%. Baking ingredient costs are finally on the decline for some categories tracked by Milling & Baking News’ Bakery Ingredient Indexes:
- Devils food cake: Down 6.0% (2025Q4 compared to a year ago)
- White pan bread: Down 6.1%
- Cake donuts: Up 11.3%
BEMA Intel Member Pulse Survey
- 33% of equipment manufacturers report 2025Q4 bookings were up, compared to 23% in the third quarter.
- More than 8 in 10 (84%) equipment manufacturers are positive about their company’s business outlook for the next 6 months, up slightly from 78% 2025Q3.
- 82% of equipment manufacturers are positive about the industrial/commercial bakery channel outlook in the next 6 months, up from 78% last quarter. Increased raw material costs: 27% (down to 38% in Q3)
Top challenges in 2025Q4:
- Trade uncertainties*: 73% (steady from Q3), up from a low of 9% in 2024Q1
- Unfavorable business climate (e.g., taxes, regulations): 38% (up from to 31% in Q3)
- Weaker domestic economy and sales: 36% (steady from Q3)
- Increased raw material costs: 27% (down to 38% in Q3)
*Including actual or proposed tariffs, trade negotiation uncertainty
BEMA Intel Q3 2025 Executive Summary
BEMA Intel Q2 2025 Executive Summary
BEMA Intel Capital Spending Study Executive Summary
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