IMARC Group, a leading market research company, has recently releases report titled “Bakery Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032,” The study provides a detailed analysis of the industry, including the global bakery processing equipment market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the bakery processing equipment market?
The global bakery processing equipment market size reached US$ 12.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 20.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.
Factors Affecting the Growth of the Bakery Processing Equipment Industry:
Increasing Demand for Convenience Foods
The growing consumer preference for convenience foods, especially bakery products, is significantly driving the demand for bakery processing equipment. Modern lifestyles, characterized by hectic schedules and longer working hours, have led to an increased reliance on ready-to-eat and easy-to-prepare food items. Bakery products such as bread, pastries, cakes, and cookies have become staples in many households due to their convenience and relatively long shelf life. This shift in consumer behavior is compelling bakeries to scale up production, which in turn drives the need for advanced bakery processing equipment. Furthermore, the globalization of food cultures is introducing a variety of international bakery products to new markets, necessitating specialized equipment capable of producing these diverse items.
Rising Health Consciousness Among Consumers
As consumers become more health-conscious, there is a growing demand for healthier bakery products, which in turn is driving the need for specialized bakery processing equipment. Health-conscious consumers are increasingly seeking bakery products that are gluten-free, low in sugar, high in fiber, and made from whole grains. This shift in consumer preferences is pushing bakeries to innovate and diversify their product offerings, which requires advanced machinery capable of handling a wide range of ingredients and formulations. For instance, gluten-free baking requires equipment that can process alternative flours and maintain consistency in texture and taste. Similarly, the production of low-sugar and whole-grain baked goods demands precise mixing, fermentation, and baking processes to achieve the desired product quality.
Technological Advancements in Bakery Equipment
Technological advancements are playing a pivotal role in shaping the global bakery processing equipment market. The integration of automation and robotics into bakery equipment is revolutionizing production processes, making them more efficient and reliable. Automated equipment reduces the dependency on manual labor, minimizing human errors and ensuring consistent product quality. This is particularly important for large-scale bakeries that need to maintain high production rates without compromising on quality. Furthermore, advancements in precision engineering and control systems are enabling bakers to fine-tune every aspect of the production process, from mixing and fermentation to baking and cooling.
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Bakery Processing Equipment Market Report Segmentation:
Breakup By Equipment:
- Mixer and Blenders
- Dividers and Rounders
- Molders and Sheeters
- Ovens and Proofers
- Others
Ovens and proofers represented the largest segment due to their essential role in the baking process and widespread use across various bakery products.
Breakup By Application:
- Bread
- Cakes and Pastries
- Cookies and Biscuits
- Pizza Crusts
- Others
Bread represented the largest segment as it is a staple food globally, driving consistent demand for equipment tailored to bread production.
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific was the largest market due to the region's rapidly growing population, increasing disposable incomes, and expanding urbanization, which fuels the demand for bakery products.
Global Bakery Processing Equipment Market Trends:
The global bakery processing equipment market is witnessing robust growth driven by several key factors, such as the increasing demand for convenience foods, particularly bakery products like bread, cakes, and pastries, is propelling the need for advanced bakery processing equipment. Moreover, the rising health consciousness among consumers is leading to a surge in demand for gluten-free, whole grain, and low-sugar baked goods, necessitating specialized machinery. Additionally, technological advancements in bakery equipment, such as automation and robotics, are enhancing production efficiency and product consistency, making them highly desirable for large-scale bakeries.
Leading Companies Operating in the Global Bakery Processing Equipment Industry:
- Ali Group S.r.l.
- Baker Perkins Limited (Schenck Process Holding GmbH)
- Bühler AG
- GEA Group Aktiengesellschaft
- The Middleby Corporation
- JBT Corporation
- Anko Food Machine Co. Ltd.
- Markel Ventures Inc.
- Koenig Maschinen GmbH
- Heat & Control Inc.
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