Global Bakery Machinery Market Size To Worth USD 28.78 Billion By 2033 | CAGR of 6.15%
Category: Machinery & EquipmentGlobal Bakery Machinery Market Size To Worth USD 28.78 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Bakery Processing Equipment Market Size is Expected to Grow from USD 15.3 Billion in 2023 to USD 27.78 Billion by 2033, at a CAGR of 6.15% during the forecast period 2023-2033.
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Browse key industry insights spread across 231 pages with 110 Market data tables and figures & charts from the report on the "Global Bakery Machinery Market Size, Share, and COVID-19 Impact Analysis, By Type (Sheeters & Molders, Oven & Proofers, Slicer, and Others), By Application (Pie/Quiche, Pizza, Croissant, Pastry, Bread, Flatbread, Biscuits, Tortilla, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/bakery-machinery-market
The global bakery processing equipment market is defined as the worldwide business that manufactures, distributes, and sells machinery and equipment used in the production of bakery products. This includes a wide range of machines used to mix, knead, shape, proof, bake, cool, and package baked goods such as bread, cakes, pastries, biscuits, and other confectionary products. The bakery machinery market serves both small and large-scale bakery operations, as well as artisanal bakeries, industrial bakeries, and food processing companies. Furthermore, consumers prefer to buy bakery items because they are easier to use, consume, and store for an extended period of time. Consumers in emerging countries such as China, India, Brazil, and the Middle East have shifted their consumption habits away from traditional homemade breakfasts and snack foods and toward ready-to-eat items over the last two decades. However, high automated machine prices are expected to stymie the growth of the bakery processing equipment market in low-income countries over the forecast period.
The oven & proofers segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the type, the bakery processing equipment market is divided into sheeters & molders, oven & proofers, slicer, and others. Among these, the oven & proofers segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Ovens are the most important processing step in the baking industry because they generate both heat and transfer phenomena, resulting in biochemical and physiochemical changes in the product.
The bread segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe.
Based on the application, the bakery machinery market is divided into pie/quiche, pizza, croissant, pastry, bread, flatbread, biscuits, tortilla, and others. Among these, the bread segment held the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected timeframe. Bread production machinery, such as mixers, dividers, molders, and ovens, are in high demand due to the growing need for efficient, high-capacity equipment in both industrial and artisanal bakeries.
Asia Pacific is estimated to hold the largest share of the bakery processing equipment market over the forecast period.
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Asia Pacific is estimated to hold the largest share of the bakery machinery market over the forecast period. Rapid urbanization, rising disposable incomes, and changing consumer tastes are driving up demand for bakery items such as bread, cakes, and pastries. Increasing population, particularly in China, India, and Southeast Asian countries, is driving demand for both artisanal and industrial bakery products. China currently leads the Asia Pacific bakery processing equipment market, which is expected to drive the market over the forecast period due to increased demand for diverse breads to meet special dietary requirements.
North America is predicted to have the fastest CAGR growth in the bakery processing equipment market over the forecast period. This is attributed to safer home cooking and a sedentary lifestyle, and as a result, many consumers prefer to buy bakery products at nearby outlets and stores, increasing sales at regional retail outlets. In addition, variations in food varieties and eating habits reflect online trends. Throughout the pandemic, several fitness professionals researched public concerns and interests, as well as internet search trends.
Major key players in the bakery machinery market include RHEON Automatic Machinery Co., Ltd., Robert Bosch GmbH, MECATHERM, Aasted ApS, The Henry Group, Inc., LINXIS GROUP, RONDO BURGDORF AG, Kaak, Fritsch GmbH, CandyWorx, Reading Bakery Systems, APPLE Machinery, Zibo Taibo Industrial Co., Ltd., GOSTOL-GOPAN d.o.o. Nova Gorica, Silvestri S.r.l, Merand, Illinois Tool Works Inc., and Others.
Recent Developments
- In February 2023, Escher Mixers, a manufacturer and designer of highly engineered spiral and planetary mixers for the industrial baking sector, was acquired by the Middleby Corporation.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the bakery processing equipment market based on the below-mentioned segments:
Global Bakery Machinery Market, By Type
- Sheeters & Molders
- Oven & Proofers
- Slicer
- Others
Global Bakery Machinery Market, By Application
- Pie/Quiche
- Pizza
- Croissant
- Pastry
- Bread
- Flatbread
- Biscuits
- Tortilla
- Others
Global Bakery Machinery Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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