the global bakery processing equipment market the size should go from $13.3 billion in 2021 for $22.3 million by 2030at a CAGR of 6.7% from 2022 to 2030. Factors driving the growth of the bakery processing equipment market include growth in the hospitality industry, technological innovations, rising affordability, and advancement in processing equipment materials from the bakery. Also, customized solutions based on specific sizes and shapes of remote control equipment to revolutionize the bakery processing equipment market in the coming years.
However, factors such as increased prevalence of used bakery processing equipment are hampering the market growth. Intelligent bakery processing equipment and highly efficient equipment have gained popularity in recent years, which is expected to create lucrative growth opportunities for the market.
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The bakery processing industry is attracting the attention of engaged stakeholders due to changing food preferences, increasing disposable incomes, and consumers shifting towards value-added products. The increased demand for packaged and processed foods is fueled by growing demand in emerging markets, rising living standards and urbanization, resulting in increased demand for bakery equipment sales. Due to the increase in demand for bakery products in emerging and developed countries, the respective governments play a crucial role in setting standards for the equipment industry.
Global Bakery Processing Equipment Market Definition
bakery processing equipment is a system and associated machinery that facilitates various baking processes, including but not limited to baking, kneading, slicing, mixing, and rolling.
Global Bakery Processing Equipment Market Dynamics
Drivers: Fast-paced consumer lifestyles seeking convenient food products
There has been an increase in the workforce in various demographic segments. Especially among women, there has been a gradual adoption of the working lifestyle among this part of the population. Therefore, most consumers around the world, especially in developed countries, are looking for food products that can be prepared and served with minimal time. Thus, various convenient food products have seen a large demand in the past couple of years. Frozen food is a convenient food product that can be easily consumed anywhere, anytime. Therefore, the busy lifestyle adopted by most customers is paving the way for the growth of bakery food products, which is driving the sales of bakery processing equipment.
Constraints: Strict regulations and international quality standards
Regulations associated with food processing machinery relate to good manufacturing practices and sanitary standard operating procedures involved in processed foods and dietary supplements. According to the Food and Drug Administration, ready-to-eat food processing equipment must be properly cleaned and sanitized to ensure adequate safety to prevent the growth of Listeria monocytogenes, a bacterium capable of causing foodborne infections such as than listeriosis. , which is considered harmful. All these international quality norms and standards are expected to hinder the growth of the food processing machinery market.
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Opportunities: Rising demand for bakery products in developing regions
Over the past two years, Asia-Pacific, especially China, India, and Australia, has witnessed an increase in demand for various bakery food products. For this reason, various franchise bakeries are entering major Asian markets. Due to rising per capita income and improvised lifestyle of consumers, the region has witnessed a gradual growth in demand for various bakery food products including frozen bakery products. Hence, the market is expected to witness growth in the future, thereby creating a demand for bakery processing equipment.
Segments of the Global Bakery Processing Equipment Market Research Report
The study categorizes the bakery processing equipment market on the basis of product, application, end users, mode of operation, and function at regional and global levels..
By product type (Sales, million USD, 2017–2030)
- Ovens and ovens
- Rolling mills and moulders
By Outlook app (Sales, million USD, 2017–2030)
- Cakes and pastries
- Cookies and Cookies
- Pizza dough
From end-user perspectives (Sales, million USD, 2017–2030)
- Bakery processing industry
- Restaurant industry
By Outlook operating mode (Sales, million USD, 2017–2030)
By Outlook function (Sales, million USD, 2017–2030)
- Pastry shop
Outlook by region (Sales, million USD, 2017–2030)
- North America (United States, Canada, Mexico)
- South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, United Kingdom, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, Rest of Asia Pacific)
- The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA)
The ovens & ovens segment holds the largest market share, by product type
On the basis of product type, the global bakery processing equipment is segmented into ovens and proofers, mixers, sheeters and moulders, and others. The ovens and proofers segment leads in terms of market share and is expected to maintain its dominance during the forecast period. Ovens and proofers are food processing equipment used when cooking pasta. These are heating chambers that use warm temperatures and controlled humidity to promote the fermentation of dough by yeast. A wide range of bakery ovens are manufactured and designed using state-of-the-art technology and research to ensure low fuel consumption, low prices and the best volume, shine, texture and crust on the market.
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Baking is a cooking method that uses prolonged dry heat, preferably in an oven. The bakery processing equipment market is on the rise as consumers across the world prefer packaged and nutritional baked goods for their breakfast choices. Changing lifestyles and high disposable incomes have led people to rely on processed and packaged baked goods such as various types of rolls, breads, pastries, cookies, and other baked goods.
Asia Pacific represents the highest CAGR over the forecast period
By Region, the Bakery Processing Equipment Market is studied in North America, Asia–Pacific, Europe, South America, Middle East and Africa. Globally, Asia Pacific is estimated to hold the highest CAGR of 7.8% in the global bakery processing equipment market during the forecast period. The Asia-Pacific region is studied across China, India, Japan, and the rest of Asia-Pacific. The baking industry in Asia-Pacific is growing due to increased demand for bakery products in China and Japan. Asia-Pacific has witnessed a high rate of evolution in the bakery industry, with most of the major players in the industry emphasizing the innovation factor to come up with a unique type of product that meets the different needs and requirements of its target customers. .
After Asia-Pacific, Europe is the fastest growing region with a CAGR of 6.8% during the forecast period. European manufacturers are adopting the practice of meeting the demands of their health-conscious customers and strategizing to launch convenient sizes of most products. Some European countries, such as Germany, Italy and France, have higher consumption of bakery products. Some baked goods, such as bread, are considered the staple food in most countries. Therefore, the demand for bakery processing equipment will continue to increase in the coming years.
Main market players
Some of the key players operating in the global bakery processing equipment market include GEA Group Aktiengesellschaft, The Middleby Corporation, JBT Corporation, Heat and Control, Inc., Bühler technologies, Baker Perkins Ltd. Rheon Automatic Machinery Co. Ltd., Sinmag Equipment Corporation, Markel Ventures Inc. and Koenig Maschinen GmbH.
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