Bakery Processing Equipment Market Size to Record US$ 19.02 Bn through 2028

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The global Bakery Processing Equipment market size is expected to be worth around US$ 19.02 billion by 2028, according to a new report by Vision Research Reports.

The global Bakery Processing Equipment market size was valued at US$ 12.52 billion in 2020 and is anticipated to grow at a CAGR of 5.8% during forecast period 2021 to 2028.

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Growth Factors

The market is driven by changing manufacturing and processing trends in the food and beverage industry and growing consumer inclination towards packaged comfort foods.

The market is driven by changing consumer preferences for packaged ready-to-eat food products. Moreover, the large bakery and packaged food companies are investing significantly in increasing their output rate and product innovations by collaborating with bakery processing equipment manufacturers for the designing of machines as per their needs.

Various fast-food retail joints such as Domino’s, McDonald’s, TacoBell, and Subway are opening their restaurants in different parts of the world. They collaborate with local bakery players for the supply of bread and other raw materials. This has led to bakery companies working to develop their infrastructure by adopting large automated processing equipment.

Report Highlights

Oven and proofers led the market and accounted for 34.5% share of the global revenue in 2020. In the bakery industry, proofing is an essential step in the preparation of baked goods where the dough is allowed to rest so that it can rise for the final time before baking. The purpose of proofer is to provide consistent humidity and heat for which they need sufficient power to run for longer periods. There are two main types of proofer ovens, namely standard and convection.

The molders and sheeters equipment segment is likely to expand at the fastest CAGR of 6.02% from 2020 to 2027 as these equipment are used to manufacture bakery products of various styles, sizes, and shapes. A bakery molder can mold the dough into a desired size and shape while a sheeter flattens the dough into thin crusts. They offer a higher degree of precision and take less time as compared to manual kneading.

The bread application segment led the market and accounted for 35.2% share of the global revenue in 2020 as high levels of per capita bread consumption were recorded in countries such as the U.S., the U.K., Spain, Italy, Germany, Russia, and France. In addition, the rising popularity of convenience foods is expected to open new avenues for bread manufacturers in developing countries.

The cakes and pastries application segment is expected to be driven by rising disposable income, globalization, and the development of new types of cakes in the market, such as photo cakes and shape cakes. The rising demand for healthy cakes, along with market fragmentation and high growth in emerging countries, is driving merger and acquisition deals as companies are ready to pay high multiples for innovation.

The cookies and biscuits application segment is expected to expand at a CAGR of 5.2% from 2020 to 2027 as cookies and biscuits are preferred and consumed regularly by people of all age groups across the globe. In addition, the development of customizations such as low-sugar multigrain biscuits for health-conscious customers and fruit-flavored cookies for children is expected to fuel the segment growth.

The others application segment includes doughnuts, pretzels, and croissants. The segment growth is attributed to the changing lifestyle of the population in urban cities, the accelerating habit of munching, the rising popularity of low-calorie snacks, and the increasing number of baker franchisees and restaurants across the globe.

Asia Pacific dominated the market and accounted for 36.6% of the global revenue share in 2020 owing to the rapidly increasing demand for bakery and packaged food products in countries such as China, India, South Korea, and Thailand. Innovations in the food processing and packaging industries in these countries are expected to drive the market over the forecast period.

North America is expected to expand at a CAGR of 3.5% from 2020 to 2027. As per the reports published by the U.S. census department, more than 90% population in the U.S., Canada, and Mexico, are daily consumers of bakery and processed foods due to which the demand for bakery processing equipment is expected to increase rapidly.

Key Players

  • Ali Group S.r.l.
  • Baker Perkins Limited
  • Bühler AG
  • GEA Group Aktiengesellschaft
  • The Middleby Corporation.
  • JBT Corporation
  • Anko Food Machine Co., Ltd.
  • Markel Food Group
  • Koenig Maschinen GmbH
  • Heat & Control, Inc.

Market Segmentation

  • Equipment Outlook 
    • Mixer & Blenders
    • Dividers & Rounders
    • Molders & Sheeters
    • Oven & Proofers
    • Others
  • Application Outlook 
    • Bread
    • Cakes & Pastries
    • Cookies & Biscuits
    • Pizza Crusts
    • Others
  • Regional Outlook 
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K.
      • Italy
    • Asia Pacific
      • China
      • India
      • Australia
      • Japan
      • South Korea
    • Central & South America
      • Brazil
    • Middle East & Africa
      • South Africa

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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