The portfolio includes more than 300 individual companies in five different businesses, among them food (including Dr. Oetker GmbH and Coppenrath & Wiese KG), breweries (Radeberger Group), sparkling wine and spirits (Henkell & Co. Sektkellerei), banking (Bankhaus Lampe), and "further interests" (among them chemicals, financing, and participation, and a number of high-class hotels all over Europe).

The first product developed was Backin, a measured amount of baking powder that, when mixed with 500 grams (18 oz) of flour and other ingredients, produced a cake.

The Oetker family's private bank also employed as a director Rudolf von Ribbentrop (1921–2019), son of Joachim von Ribbentrop and Anna Elisabeth Henkell of the Wiesbaden wine family and, like Oetker, a wartime Waffen SS officer.

In January 2011, Dr. Oetker purchased the Australian frozen pizza business of Simplot, including the well-known brand Papa Giuseppi's.

[10] In August 2014, McCain Foods announced the sale of its North American frozen pizza business to Dr. Oetker.

Dr. Oetker sauces, spreads, dessert toppings, cake mixes and salad dressings can be found in all major grocery chains.

The Italian division was founded in Milan in 1933 as Oetker and then later moved to Desenzano del Garda, which continues until today.

Many Dr. Oetker products are available, including frozen pizzas, baking powder, and gelatin, the latter in both unflavoured and dessert forms.

[14] Previously, Dr. Oetker was represented in Malaysia by Kart Food Industries, between 1998 and 2002, when the company was sold to Amtek Berhad.

[15] Following the acquisition of Nona Foods, the local subsidiary of Dr. Oetker produces jelly mixes and seasoning flour, in addition to pizzas and baking preparations.

[citation needed] As with the purchase of Simplot Australia's frozen pizza business (see above), Dr. Oetker has been able to move into the New Zealand market.

[16] In Poland, frozen pizzas, cake decorations, recipes with dry ingredients (the most popular one is "Kopiec kreta" with its own variations) and various powders themselves are available at markets and supermarkets.

[17] Dr. Oetker Polska was registered on April 2, 2001[18] but earlier, Richard Kaselovsky made a branch of the company in 1922 in Gdańsk, Oliva.

[citation needed] Dr. Oetker acquired a majority stake in the Tunisian food company GIAS under the "Vanoise" brand in 2012.

Dr. Oetker owns a production facility, producing goods, such as baking ingredients, powder desserts and cake mixes for Tunisian market and exports to more than 15 African countries.

[citation needed] In 1987 Dr. Oetker founded a production facility in Pancar-Torbali, Izmir, producing goods such as frozen pizza, baking powder and cake mixes primarily for the Turkish market.

On April 8, 2022, Dr. Oetker Group issued a press release in which it officially announced its complete withdrawal from the Russian market.

The company stated that it was suspending all investment and marketing activities due to Russia's armed aggression against Ukraine.

Also, Dr. Oetker is selling all shares and rights to a new plant that was built in Belgorod, Russia, shortly before the war started to Russian managing directors."Dr.