Bakery Processing Equipment Market Trends, Industry Analysis, and Forecast

 

Bakery Processing Equipment Market

The Bakery Processing Equipment Market is anticipated to grow at a robust CAGR during the forecast period (2021-2028).

The factors driving the growth of Bakery Processing Equipment Market includes growing demand for packaged food products such as frozen foods and ready-to-eat meals, rising emphasis on food safety and increasing number of artisan bakeries and quick service restaurants around the world. According to the report published by Bloomberg, the Global Ready-to-Eat Meals Market is anticipated to reach USD 1,471.94 billion by 2028, growing at a CAGR of 5.4% over the forecast period (2022-208), which will boost the demand for bakery processing equipment in the coming years. Moreover, the technological advancements in bakery equipment, favorable Government regulations regarding the manufacturing of bakery processing machines and growing consumption of bakery items across the globe, are some of the additional factors supplementing the Bakery Processing Equipment Market size. In addition, the increasing disposable incomes improvements in the living standards, integration of robotics and automation and rising investments on research and development by the leading players, are further pushing the market growth.

However, the growth of Bakery Processing Equipment Market is hindered due to high installation cost of new machineries.

The prominent players operating in the Bakery Processing Equipment Market are The Middleby Corporation, JBT Corporation, Anko Food Machine Co. Ltd., Koenig Maschinen GmbH, Heat & Control, Inc., Ali Group S.r.l., Bühler AG, GEA Group Aktiengesellschaft, Schenck Process Group and Markel Food Group GmbH among others.

Equipment – Segment Analysis

Based on equipment, the ovens & proofers segment is anticipated to capture significant market share over the forecast period attributed to growing popularity of bakery items such as cookies, bread and biscuits.

Application – Segment Analysis

As per the Bakery Processing Equipment Market Trends, the bread segment is predicted to expand at a remarkable CAGR during the forecast period due to increasing consumption of bread in households, according to UK Flour Millers, bread is used in almost 99.8% of the British household, approximately, 11 million loaves of bread are sold every day in the United Kingdom.

Regional – Segment Analysis

According to the Global Bakery Processing Equipment Market Report, the European region is predicted to hold a sizeable market share over the forecast period. The growing consumption of gluten-free bakery products and ready to eat food products, strong hold of the leading players such as Bühler AG, and GEA Group Aktiengesellschaft, rapid urbanization, growing adoption of advanced manufacturing technologies and high per-capita incomes, are some of the important factors influencing the market growth in Europe.

Market Segmentation

Global Bakery Processing Equipment Market by Equipment

  • Mixer & Blenders
  • Dividers & Rounders
  • Moulders & Sheeters
  • Oven & Proofers
  • Others

Global Bakery Processing Equipment Market by Application

  • Bread
  • Cakes & Pastries
  • Cookies & Biscuits
  • Pizza Crusts
  • Others

Global Bakery Processing Equipment Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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