Bakery Processing Equipment Market worth USD 22.3 Million by 3030

Date: Feb 2022

The Market Statsville Group (MSG) publishes the new report on the "Bakery Processing Equipment Market by Product Type (Ovens and Proofers, Mixers, Sheeters and Molders, and Others), by Application (Bread, Cakes and Pastries, Cookies and Biscuits, Pizza Crusts, and Others), by End-Users (Bakery processing industry and Foodservice industry), by Mode of Operation (Automatic and Semi-automatic), by Function (Mixing, Extrusion, Baking, Enrobing, Molding, Cooling, and Other), by Region – Global Share and Forecast to 2030". The global bakery processing equipment market size is expected to grow from USD 13.3 billion in 2021 to USD 22.3 million by 2030, at a CAGR of 6.7% during the forecast period. Manufacturers are using enhanced equipment to meet the increased demand owing to a surge in demand for bakery equipment. Baking equipment witnesses rapidly evolving technological changes ranging from materials to safety and ergonomics. Spiral-style mixers are being extensively used for multiple benefits, including high capacity processing into bread, reduced oxidation of dough, and over-mixing. Also, automatic timers are now being deployed with mixers that could process dough without supervision. Continuous innovation in ovens has led to the invention of probes, rotating racks, and microprocessor controls, providing even baking along with precise temperature & humidity levels control in due course of baking.

Scope of the Global Bakery Processing Equipment Market

The bakery processing equipment market has been segmented into the product, application, end-users, mode of operation, function, and region.

  • By Product Type (Ovens and Proofers, Mixers, Sheeters and Molders, and Others)
  • By Application (Bread, Cakes and Pastries, Cookies and Biscuits, Pizza Crusts, and Others)
  • By End-Users (Bakery processing industry and Foodservice industry)
  • By Mode of Operation (Automatic and Semi-automatic)
  • By Function (Mixing, Extrusion, Baking, Enrobing, Molding, Cooling, and Other)
  • By Region (US, Canada, Mexico, UK, Germany, France, Italy, Spain, China, Japan, India, South Korea, Southeast Asia, Australia, Saudi Arabia, UAE, South Africa, Qatar, Nigeria, Israel, Brazil, Argentina, Peru)

Bread, by application, is estimated to hold the largest market share

Based on application, the global bakery processing equipment market is segmented into bread, cakes & pastries, cookies & biscuits, pizza crusts, and others. In 2021, the bread segment was the highest contributor to the market with 40.3% of the market share and was anticipated to grow with a robust CAGR during the forecast period. Bread is considered as one of the preferred bakery products among its target customers. Due to large-scale applications in various food service industries and retail sectors, bread accounts for a comparatively higher value share in the market worldwide.

Emerging trends that directly impact the dynamics of the bread market include surge in demand for bread from the food service sector and the retail segment. Over the past couple of years, the segment has witnessed a higher rate of product launches catering to the needs and demands of its target customers. For instance, in 2014, Country Range launched two new products as an addition to its product line of Le Bon Pain. Similarly, in 2018, Taste Direct specializing in producing various bakery products, launched a new line of bread for the UK market.

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The Asia Pacific accounts for the largest market share in the bakery processing equipment market in 2021

Based on the regions, the global bakery processing equipment market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. In 2021, Asia Pacific accounted for the highest market share of 37.9% in the global bakery processing equipment market and was anticipated to maintain its dominance throughout the forecast period.

Asia-Pacific has witnessed a significant rate of evolution in the bakery industry with most of the major players in the industry stressing the innovation factor in the view of coming up with a unique product type that meets the varying needs and requirements of its target customers. Japan is one of the top-ranked retail bakery products markets worldwide. Furthermore, the ASEAN market for bakery products is expanding rapidly. The increase in demand for bakery products in the region is anticipated to create lucrative opportunities for bakery processing equipment manufacturers.

This research report includes a study on the development and marketing strategies, along with a study on the product portfolios and winning strategies of the leading companies operating in the bakery processing equipment market. It also consists of the profiles of leading companies such as The Middleby Corporation, JBT Corporation, GEA Group Aktiengesellschaft, Bühler technologies, Baker Perkins Ltd. Rheon Automatic Machinery Co. Ltd., Sinmag Equipment Corporation, Heat and Control, Inc., Markel Ventures Inc., and Koenig Maschinen GmbH.

Browse complete report: https://www.marketstatsville.com/bakery-processing-equipment-market

About Market Statsville Group

Market Statsville Group (MSG) is a business research and consulting platform of Statsville Consulting Private Limited, based in Oklahoma, USA. MSG is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in market sizing, analysis, and intelligent business insights. MSG has experienced research analysts who are proficient at digging deep and providing various customizable data that help you make decisions with clarity, confidence, and impact. Furthermore, Market Statsville Group already benefited more than 1,000 companies each year for their revenue planning. It helped them take their disruptions/innovations early to the market by providing them research ahead of the curve.

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