Overview and Scope
The bakery processing equipment are systems and machines used in the baking industry to make various bakery products. Bakery processing equipment is widely used in the production of a variety of baked foods.
Sizing and Forecast
The bakery processing equipment market size has grown strongly in recent years. It will grow from $13.11 billion in 2023 to $14.15 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to growth in consumer demand for bakery products, increased adoption of automation in bakery operations, expansion of bakery chains and retail outlets, demand for diverse and specialty baked goods, need for efficiency and productivity in bakery production.
The bakery processing equipment market size is expected to see strong growth in the next few years. It will grow to $18.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to adoption of energy-efficient and sustainable equipment, market growth in emerging economies and urbanization, customization of equipment for artisanal and niche bakeries, rising popularity of online and direct-to-consumer bakery sales, emphasis on product differentiation and unique baked creations. Major trends in the forecast period include innovation in gluten-free and allergen-friendly baking solutions, digitalization and industry 4.0 integration, automation in proofing and fermentation, efficient dough handling and mixing solutions, hygienic design and easy cleaning.
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Segmentation & Regional Insights
The bakery processing equipment market covered in this report is segmented –
1) By Type: Mixers, Ovens & Proofers, Slicers & Dividers, Sheeters & Molders, Depositers & Pan Greasers
2) By Mode Of Operation: Automatic, Semi-Automatic
3) By Application: Bread, Cakes & Pasteries, Cookies & Biscuits, Pizza Crusts, Other Applications
4) By End-User: Bakery Processing Industry, Foodservice Industry
Asia-Pacific was the largest region in the bakery processing equipment market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the bakery processing equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The bakery processing equipment market is poised for growth, driven by the increasing consumption of bakery products worldwide. Various types of bakery processing equipment are essential for producing a wide range of baked goods. With consumers showing a growing preference for bakery items, there is a corresponding rise in the demand for bakery processing equipment. In 2020, the global bakery products market was valued at $507.38 billion, and it is projected to expand at a compound annual growth rate (CAGR) of 2.5% from 2021 to 2026. This upward trend in bakery product consumption directly contributes to the growth of the bakery processing equipment market.
Key Industry Players
Major companies operating in the bakery processing equipment market include GEA Group Aktiengesellschaft, Bühler AG, JBT Corporation, The Middleby Corporation, Heat and Control Inc., Rheon Automatic Machinery Co. Ltd., Ali Group S.p.A., Baker Perkins Holdings Limited, Markel Corporation., Anko Food Machine Co. Ltd., Gemini Bakery Equipment Co. Inc., Allied Bakery Equipment LLC, Global Bakery Solutions LLC, Koenig Maschinen GmbH, John Bean Technologies Corporation, Erica Record LLC, Breville Group Limited, Paul Mueller Company, Welbilt Inc., ALFA LAVAL AB, MECATHERM SAS, Robert Bosch GmbH, CandyWorx LLC, Bongard Machines GmbH & Co. KG, Silvestri S.r.l., Bettcher Industries Inc., Aasted ApS, The Henry Group Inc., EUROASIA FOOD EQUIPMENT SDN BHD, Rademaker BV, Rondo Burgdorf AG, Kaak Group B.V., Werner & Pfleiderer Bakery Technologies GmbH, MIWE Michael Wenz GmbH, Sveba Dahlen AB, Revent Inc., Tromp Group B.V., Reading Bakery Systems LLC., Baker Thermal Solutions LLC., AMF Bakery Systems LLC
The bakery processing equipment market report table of contents includes:
1. Executive Summary
- Bakery Processing Equipment Market Characteristics
- Bakery Processing Equipment Market Trends And Strategies
- Bakery Processing Equipment Market – Macro Economic Scenario
- Global Bakery Processing Equipment Market Size and Growth
- Bakery Processing Equipment Market Segmentation
- Bakery Processing Equipment Market Regional And Country Analysis
……………….
- Key Mergers And Acquisitions In The Bakery Processing Equipment Market
- Bakery Processing Equipment Market Future Outlook and Potential Analysis
- Appendix
List of tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Bakery Processing Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Bakery Processing Equipment Market, Segmentation By Mode Of Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Bakery Processing Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
………….
Table 75: GEA Group Aktiengesellschaft Financial Performance
Table 76: Bühler AG Financial Performance
Table 77: JBT Corporation Financial Performance
Table 78: The Middleby Corporation Financial Performance
Table 79: Heat and Control Inc. Financial Performance
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