The bakery processing equipment market is estimated to be close to USD 11.6 billion in 2021 and is expected to reach a value of nearly USD 14.8 billion by 2026, growing at a CAGR of 5.1% at from 2021.
New York, January 12, 2022 (GLOBE NEWSWIRE) – Reportlinker.com Announces the Release of the “Bakery Processing Equipment Market by Type, Application, End User, Function, Mode of Operation and Region – Global Forecast to 2026 “- https://www.reportlinker.com/p03688665/?utm_source=GNW
The bakery processing equipment market is primarily impacted by innovations, as manufacturers always introduce new processing techniques to produce complex bakery products of different shapes and sizes, thus focusing on meeting the growing demand for the processed food industry and changing consumer demands.
The bakery processing industry segment is expected to account for the largest share of the market in 2021.
The Asia-Pacific bakery processing equipment market is expected to experience the highest growth between 2021 and 2026. The region’s industrial growth over the years, followed by improvements in the bakery industry, has created many new opportunities for the bakery processing equipment market.
Growing middle-class population in the region, increasing disposable income of customers and demand for bakery items that offer on-the-go consumption are driving the growth of bakery processing equipment market. Per capita consumption of bakery processing equipment in the Asia-Pacific region is increasing due to emerging economies such as China, India and Indonesia.
A large number of bakery companies have expanded their manufacturing facilities in these countries, which has also boosted the market for bakery processing equipment. For example, in February 2019, the Haas Group (Austria), which was acquired by Bühler, expanded into India by adding an oven manufacturing plant to its service and support facilities in the country.
Additionally, in November 2016, Reading Bakery Systems (Markel Food Group) continued to expand into Chinese and Southeast Asian markets due to growing demand for bakery products from customers in the region. , while providing a platform for the development of bakery snack systems.
The automatic operating mode segment in the bakery processing equipment market is expected to register the fastest growth till 2026.
On the basis of the operating mode, the bakery processing equipment market is segmented into automatic and semi-automatic mode of operation. On the basis of the mode of operation, the automatic segment is expected to register the highest growth in the bakery processing equipment market between 2020 and 2025.
International manufacturers offer complete turnkey solutions that can perform pre-processing and actual processing and packaging of food products. Due to the availability of such fully automated and integrated processing lines, operational efficiencies and proper control of the production process are achieved.
Fully automatic processing lines are an essential part of huge manufacturing units and provide economies of scale. For example, in 2019 Baker Perkins (UK) released new cookie weight control technology and a super cool Tweendy blender.
Both are automated and advanced solutions for the bakery processing industry. The market for automated processing lines is saturated in developed regions, mainly the United States, Canada, and countries in Western and Central Europe, while developing regions such as Asia-Pacific are expected to post a rate higher adoption of these systems.
The bakery processing equipment market is expected to witness strong growth in Asia-Pacific during the forecast period.
The Asia-Pacific bakery processing equipment market is expected to experience the highest growth during the forecast period. Food consumption in the region is also increasing steadily, due to population growth, rising incomes and rapid urbanization.
Due to the hectic lifestyles of consumers in countries such as China, India, Japan, Australia, and New Zealand, students and workers in urban areas, in particular, prefer baked goods. as snacks. In China, imported bakery products have become a trend due to their better quality and packaging.
These factors are supporting the growth of the bakery products markets. Over the years, the bakery processing equipment market in this region has grown rapidly due to the growth of the bakery and confectionery industries.
The Bakery Processing Equipment market is segmented by region, with detailed analysis of each region. These regions include Asia-Pacific, North America, Europe and the Right-of-Way (South America, Middle East and Africa).
Rupture of primaries
• By type of business: level 1 – 45%, level 2 – 25% and level 3 – 30%
• By designation: level C: 47%, level D: 24% and others * – 29%
• By region: North America – 15%, Europe – 45%, Asia-Pacific – 30% and RDM ** – 10%
* Others include sales managers, marketing managers and product managers.
** RoW includes South America, Middle East and Africa.
The main players presented in this report are as follows:
• GEA Group AG (Germany)
• Bühler (Switzerland)
• JBT Corporation (United States)
• The Middleby company (United States)
• Heat and Control Inc., (United States)
• Rheon Automatic Machinery co. ltd. (Japan)
• Ali Group (Italy)
• Baker Perkins (United Kingdom)
• Markel Food Group (United Kingdom)
• Anko Food Machine co., Ltd. (Taiwan)
• Gemini Bakery Equipment (United States)
• Allied Bakery Equipment (United States)
• Global Bakery Solutions (UK)
• Erika Record LLC (United States)
• Koenig Maschinen – The Crown of Bakers (Austria).
• Zibo Taibo Industrial Co., Ltd (China)
• Yash Food Equipment (India)
• India Pvt of Kar Bakery Equipment. Ltd (India)
• Align industry (India)
• Falcon Food Equipment (India)
The report segments the bakery equipment processing market on the basis of type, application, end user, and region. To offer valuable insights, this report has focused on different levels of analysis – competitive landscape, end-use analyzes, and company profiles together, understand and discuss views on emerging and high-growth segments of the market. Bakery Processing Equipment market, high growth regions, countries, government initiatives, drivers, restraints, opportunities and challenges.
The report also focuses on the various organic and inorganic strategies undertaken by leading players to expand their global footprint in the international markets.
Reasons to buy this report
• To get a comprehensive overview of the Bakery Processing Equipment market
• To obtain broad information on the main players in this industry, their product portfolios and the key strategies adopted by them
• To get information about the major countries / regions, in which the Bakery Processing Equipment Market is expected to grow significantly
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