IMARC Group, a leading market research company, has recently released a report titled “Bakery Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” 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$ 12.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
What is Bakery Processing Equipment?
Mixing, cooling, extrusion, baking, molding, and coating are some primary baking processes. Bakery processing equipment is used to bake several products, including bread, cookies, pastries, pizza, cakes, and donuts. Several pieces of equipment are used to simplify the production process of baked products, which includes bread slices, retarders, freezers, piston filling injectors, ovens and proofers, bread systems, mixers, sheeters and moulders, dividers, and rounders, pan greasers, and depositors.
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What are the Growth Prospects and Trends in the Bakery Processing Equipment Industry?
Rapid innovations in the confectionery, food processing, and patisserie industries, the fueling demand for ready-to-eat (RTE) food products, and the inflating sales of bakery items are some of the key factors boosting the market growth. Moreover, the shifting dietary preferences and inflating consumer expenditure power have surged the consumption of baked products, which, in turn, is positively supporting the market growth. Additionally, key market players are heavily investing in the development of innovative equipment to improve the overall efficiency and precision of the manufacturing process, which is acting as another factor driving the market growth. Besides this, the integration of artificial intelligence (AI) and the Internet of Things (IoT) with industrial bakery processing machinery is creating a positive outlook for the market growth.
Who are the Key Players Operating in the Bakery Processing Equipment Market?
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- 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.
What is Included in Market Segmentation?
The report has categorized the market based on equipment and application.
Breakup by Equipment:
- Mixer and Blenders
- Dividers and Rounders
- Molders and Sheeters
- Ovens and Proofers
- Others
Based on Application:
- Bread
- Cakes and Pastries
- Cookies and Biscuits
- Pizza Crusts
- Others
Regional Analysis:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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