Bakery Processing Equipment Market 2024: Size, Share, Latest Trends and Forecast to 2032

October 09 12:04 2024
Bakery Processing Equipment Market 2024: Size, Share, Latest Trends and Forecast to 2032
The bakery processing equipment market to reach US$ 20.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.

Summary:

  • The global bakery processing equipment market size reached USD 12.8 Billion in 2023.
  • The bakery processing equipment market is expected to reach USD 20.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.
  • Asia Pacific leads the market, accounting for the largest bakery processing equipment market share.
  • Ovens and proofers account for the majority of the market share in the equipment segment because they are vital for the fermentation and baking processes, which makes them indispensable for a variety of bakery operations and their subsequent market dominance.
  • Bread holds the largest share in the bakery processing equipment industry.
  • The growing consumer demand for artisanal and specialty baked products encourages bakeries to invest in advanced processing equipment that allows for greater customization and unique flavor profiles.
  • The increasing focus on health and wellness among consumers is prompting bakeries to incorporate healthier ingredients and produce items that cater to dietary restrictions, driving the need for versatile bakery processing equipment that can handle such modifications.

 

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Industry Trends and Drivers:

  • Growing demand for convenience foods:

The increasing consumer preference for convenience foods is a major driver in the bakery processing equipment market. As lifestyles become busier, consumers are seeking quick and easy meal solutions, which has led to a surge in the demand for pre-packaged and ready-to-eat (RTE) baked goods. This trend has prompted bakeries and food manufacturers to invest in advanced processing equipment that enhances production efficiency and maintains product quality. Innovations in machinery, such as automated mixing, baking, and packaging systems, enable producers to meet the rising demand for various baked items, including bread, pastries, and snacks, while also reducing labor costs and production time, thus strengthening the market growth.

  • Technological advancements:

Rapid technological advancements in bakery processing equipment are reshaping the industry landscape. Innovations such as smart baking technologies, Internet of Things (IoT) integration, and advanced monitoring systems allow for improved process control and data analytics. These technologies facilitate real-time monitoring of baking conditions, ensuring consistent product quality while minimizing waste. Additionally, the development of energy-efficient machines is addressing the industry’s need for sustainable operations, helping manufacturers reduce their environmental impact and operational costs. As technology continues to evolve, the incorporation of robotics and automation in bakery processing, enabling manufacturers to optimize their production lines and enhance productivity, is bolstering the market demand.

  • Expansion of the food industry and e-commerce:

The rise of online grocery shopping and food delivery services has significantly changed how consumers access baked goods, leading to increased competition among bakeries and food manufacturers. To keep pace with changing consumer behaviors, many businesses are investing in modern processing equipment that allows for efficient production and quick turnaround times. Furthermore, the growth of artisanal and specialty bakeries has resulted in a demand for equipment that can produce a diverse range of products, from traditional breads to gourmet pastries. This trend toward diversification in product offerings requires bakeries to adopt advanced processing technologies that can handle different production needs, is impelling the market growth.

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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 account for the majority of shares because they are essential for baking and fermentation processes, making them critical for various bakery operations and thereby dominating the market.

Breakup By Application:

  • Bread
  • Cakes and Pastries
  • Cookies and Biscuits
  • Pizza Crusts
  • Others

 

Bread-based dominates the market because it remains a staple food across many cultures, driving consistent demand for bakery processing equipment tailored specifically for bread production.

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 holds the leading position owing to the rapid urbanization, increasing disposable incomes, and growing demand for baked goods.

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Top Bakery Processing Equipment Market Leaders:

The bakery processing equipment market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

  • 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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