Bakery Processing Equipment - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Bakery Processing Equipment is accounted for $7.61 billion in 2017 and is expected to reach $14.99 billion by 2026 growing at a CAGR of 7.8%. Factors such as rising demand among consumers who became more health conscious and increasing demand among healthy products which consists of low fat, low cholesterol, low sugar, new flavors and introducing technological advancements are fueling the market growth. However, high installation cost and maintenance of each equipment acts as hindrance for the growth of the market. Additionally, rapid increased focus on the processed food safety among consumer has led to the growth of the bakery processing equipment market.
Baking is a method of cooking food that uses prolonged dry heat, normally in an oven, but also in hot ashes, or on hot stones. Bakery equipment is necessary for the processing and handling of bakery products. Demand for bread, from it being the choicest bakery product across the globe, is rising at a sluggish rate in mature markets, as consumers increasingly prefer packaged lunch food and healthy breakfast options.
Based on the product, ovens & proofers segment has significant market share during the forecast period. Ovens & proofers are bakery equipment that is mainly used for the production of bakery products. By geography, Asia Pacific region has emerged as the propelling due to the consumption of food products in the region is also rising steadily, driven by the growing population, increasing income, and rapid urbanization.
Some of the key players in Bakery Processing Equipment market include Gemini Bakery Equipment, Rheon Automatic Machinery, Mondelez International, Nestlé SA, Bühler , GEA Group AG, Allied Bakery Equipment, Erica Record LLC, John Bean Technologies Corporation, Markel Food Group, Global Bakery Solutions, Baker Perkins, Bimbo Bakeries, Anko Food Machine, and Kellogg Company.
• Ovens & Proofers
• Bread Systems
• Divider & Rounders
• Sheeter & Moulders
• Pan Greasers
• Bread Slicer
• Specialized Pans and Tools
• Spraying Machines
• Tables and Racks
• Other Products
• Cakes & Pastries
• Cookies & Biscuits
• Pizza Crusts
• Other Applications
End Users Covered:
• Wholesale Baker
• Retail Baker
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.