Bakery Equipment Market Outlook & Forecast 2018-2028
The global bakery equipment market has been driven by factors such as the increasing demand for convenience foods, technological advancements, and the rapid growth of the bakery industry worldwide.
According to the TechSci Research report, “Global Bakery Equipment Market– Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The global bakery equipment market has been experiencing substantial growth in recent years. The increasing demand for bakery products, technological advancements, and changing consumer preferences have fueled the expansion of this market. The bakery industry has witnessed a surge in demand as consumers increasingly seek a variety of baked goods such as bread, pastries, cakes, and cookies. This demand has prompted the need for efficient and advanced equipment to meet production requirements. Bakery processing equipment includes mixers, ovens, slicers, sheeters, dividers, and proofers, among others, all of which enhance productivity, efficiency, and quality in bakery operations.
Technological advancements have played a significant role in shaping the bakery equipment market. Manufacturers are focusing on developing innovative features and energy-efficient solutions to streamline baking processes. For instance, smart ovens equipped with advanced controls, voice command compatibility, and intuitive functionality have gained popularity. These ovens allow for precise temperature control, multiple cooking zones, and seamless integration with smart home systems.
The growing importance of automation and control systems in the bakery industry also drives the growth of the market during the forecast period. Automated bakery equipment reduces labor costs and increases efficiency. These systems offer programmable controls, touchscreens, and food-scanning technology to enhance the overall baking experience. By automating certain tasks, bakers can streamline their processes and improve productivity.
Moreover, the increasing consumer demand for healthier and specialty baked goods has influenced the bakery equipment market. Consumers are becoming more conscious of the ingredients used in their food and are seeking products made from natural, organic, and healthier alternatives. This has led to the development of equipment that can accommodate specialty diets and alternative flours, catering to a wider range of consumer preferences.
In conclusion, the global bakery equipment market is witnessing remarkable growth due to the increasing demand for bakery products, technological advancements, and shifting consumer preferences. The market is expected to continue expanding with the rise of automation and control systems, as well as the development of innovative and energy-efficient equipment. As the bakery industry continues to evolve, the demand for advanced bakery equipment is expected to remain robust.
The global bakery equipment market continues to thrive due to various factors, including population growth, changing consumer preferences, hygiene awareness, and product innovations. The market offers a wide range of options to cater to different consumer needs, and distribution channels have expanded to include online platforms. With increasing urbanization and growing hygiene consciousness, the Bakery Equipment market is poised for robust growth in the coming years.
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The global bakery equipment market is segmented based on product type, application, mode of operation, end-user, distribution channel, and region.
Based on product type, the market is segmented into mixers, ovens & proofers, sheeters & molders, divider, and others (bread slicers). Among these, the oven segment holds a significant share of the market during the forecast period. Ovens are essential equipment in bakery operations, used for baking a wide range of products, including bread, pastries, cakes, and cookies. The demand for ovens is driven by the growing bakery industry and the increasing consumption of baked goods worldwide. Ovens offer precise temperature control, even heat distribution, and advanced features that enhance productivity and ensure consistent baking results. Manufacturers are continuously innovating their oven designs to meet the evolving needs of bakers, such as faster cooking times, energy efficiency, and ease of use.
Based on region, the market is segmented into North America, Europe, South America, Middle East & Africa, Asia Pacific. Among these, Asia Pacific holds a significant share in the global bakery equipment market due to the factors such as consumer preferences, economic conditions, and technological advancements.
Key market players operating in the global bakery equipment market include:
- The Middleby Corporation
- JBT Corporation
- ILLINOIS TOOL WORKS INC.
- MARKEL CORPORATION
- Heat and Control, Inc.
- Bühler Group
- GEA Group Aktiengesellschaft
- Ali Group S.r.l. a Socio Unico
- RHEON Automatic Machinery co., Ltd
- Schenck Process Holding GmbH
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“The global bakery equipment market is witnessing significant growth driven by factors such as increasing demand for bakery products, adoption of energy-efficient equipment, technological advancements, and the emergence of new markets in Asia-Pacific. As the bakery industry continues to evolve, manufacturers will need to invest in advanced and sustainable equipment to stay competitive and meet the changing consumer demands.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Global Bakery Equipment Market– Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Product Type (Mixers, Ovens & Proofers, Sheeters & Molders, Divider, and Others (Bread Slicers)), By Application (Bread, Cakes & Pastries, Cookies & Biscuits, Pizza Crust, and Others (Breadcrumbs)), By Mode of Operation (Semi-Automatic and Automatic), By End-User (Bakery Processing Industry V/s Foodservice Industry), By Region, By Competition Forecast & Opportunities, 2018-2028F, has evaluated the future growth potential of global bakery equipment market globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the market of global bakery equipment globally.
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