Bauducco Panettone with Candied Fruit and Raisins

Bauducco Panettone is a traditional Italian-style holiday cake that has its roots in São Paulo, Brazil. The brand was founded by Carlo Bauducco, an Italian immigrant who brought his family's secret sourdough recipe to South America in 1948. Over the decades, it has grown into one of the world's largest manufacturers of baked goods, specifically known as the largest panettone producer globally.

While the company has a massive distribution network and production facilities, the core manufacturing of its traditional panettone remains primarily in Brazil. The brand is managed as a family business, maintaining its heritage while expanding into international markets like North America and Europe. The ultimate owner remains the founding family through the Pandurata Alimentos group.