Global Bakery Processing Equipment Market by Equipment (Ovens & Proofers, Molders & Sheeters), by Application (Pizza Crusts, Bread) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global bakery processing equipment market was valued at USD 12.92 Billion in 2020. It is projected to grow at a compound annual rate (CAGR of 5.8%) between 2021 and 2028. The forecast period will see a rise in product demand due to the convenience and shelf-life of packaged foods such as frozen meals, snacks, and ready-to eat food products. Food manufacturers have been forced to create new products due to changing consumer tastes and lifestyles. These new product launches, which are geared towards catering to changing tastes, flavors, and nutrients, add complexity to the production process. This will drive demand for bakery processing equipment that can handle many ingredients and perform multiple functions throughout the production process.

Bakery manufacturers are focusing more on improving their production efficiency due to rising energy and labor costs as well as the rising cost of raw materials for food ingredients. This will drive demand for automated bakery processing machines that can ensure maximum efficiency and minimal waste of food ingredients.

Automation of equipment can increase throughput rates by reducing the amount of manual operation and increasing flexibility. This allows for quicker product changes. Automation reduces labor costs by requiring minimal human intervention. In the future, automation is expected to be a growing trend in the bakery processing industry.

Over a long period, this strategic integration greatly lowers raw material and logistic costs as well as other challenges faced by bakery companies. Due to the increasing number of bakeries, there is a greater awareness among bakers about the benefits of upgrading bakery processing machinery. This has increased the demand for high quality customized bakery processing equipment.

Multiple certifications, regulations and standards that are enforced by different organizations such as the Food and Drug Administration and the governments of the respective countries dominate the market. As the market grows, new entrants are seeking more lucrative opportunities in the global bakery processing equipment industry. This is due to the growing urbanization and rising demand for baking products.

Bakeries are faced with increasing energy costs when running their businesses. The energy and power consumption of equipment used in bakery processing is high. This includes ovens, heat, and chillers. Automated equipment is more desirable, but it requires an uninterrupted electrical supply to function properly. This results in higher energy bills.

Equipment Insights

Ovens, proofers and bakers dominated the market. They accounted for 34.2% of the total market in 2020. This is due to the high use of these products for baking and rising demand for baked goods. The introduction of ovens with low energy consumption is expected to drive the market.

Dough sheeters can also be adjusted to operate at different speeds, making it possible to adapt different types of dough. Dough sheeters will see significant growth, despite the fact that their prices are slightly higher than other commercial kitchen equipment.

Spiral and planetary batch mixers are very popular in the baking industry due to their versatility. They can whip, blend, mix, and stir a variety of dough mixtures. Spiral mixers also require less resistance to spirals which allows for better control of the dough's temperature, which makes it easier to knead and rise properly.

Ovens are the most critical processing step in the baking industry. Both heat and transfer phenomena occur simultaneously in ovens, triggering biochemical as well as physiochemical changes. This step also serves as a kill step to prevent pathogens from growing within the product. Baking in the oven gives products their final characteristics such as color and aroma, texture, flavor, shelf life, and shelf-life.

Application Insights

With a 35.0% share, the bread application segment led 2020's market. Due to the varied dietary habits of European and North American consumers, the bread application segment is a major driver of the market in North America. The market will also be driven by the demand for bread from the traditional economies of India and China over the forecast period.

Three of America's largest pizza chains were looking to expand in developing countries. Pizza Hut, Papa John's, and Domino's were all planning to open new Chinese units. In 2019, they will each open 50 units. The impact of COVID-19 and rising tensions between China, USA, and other countries could limit foreign companies' entry to China, which could slow down market growth in the future.

Bakeries around the world are making great investments in unique flavors to stay competitive on the market. For example, they may include vegetables like beetroot or spinach in their bread. However, vegetable-based bread is still a niche product and contributed less that 6% to all bread launches in 2019. Bread making machines include bread molds, ovens, weighing scales and bread dividers.

Food processing companies can improve market growth by revisiting their sourcing strategies, rationalizing product lines, and assessing the resilience and agility of their supply chains and sales channels. The demand for bakery equipment will be driven by streamlining and optimizing the distribution network, and e-commerce.

Regional Insights

Asia Pacific accounted for 37.1% of the global market in 2020. It is expected to experience the fastest growth between 2021 and 2028. This can be attributed to increasing disposable income, growing spending power of middle-class populations, rapid globalization and adoption of automated technology.

China is expected to benefit from factors such as rising industrialization, infrastructural developments, and increased investments in the food- and beverage sector. China's economy is heavily dependent on the food and beverage industry. The market is expected to grow over the forecast period due to the increasing GDP contribution from the food and beverage and industrial sectors.

Many North American brands are encouraging consumers to buy bakery products, offering nostalgic and limited-edition products. The forecast shows that the demand for bakery equipment with the greatest flexibility (e.g., raw materials can be modified batch-by-batch) will grow.

Germany is a major player in Europe's bread and roll production. GTAI reports that the average household bread and bakery intake was 58.9 kilograms in 2017. Bakery product manufacturers will have new opportunities due to the rising demand for healthier bread substitutes and packaged baking products.

The market is also being driven by the rising demand for frozen baked goods and whole grain bakery products. Market growth will be supported by the existence of established infrastructural infrastructure and the adoption advanced manufacturing technologies.

Market Share Insights & Key Companies

To strengthen their market position and gain market share, manufacturers must focus on new product development. To increase customer productivity and achieve market growth, major players invest in R&D activities.

Baker Perkins, for example, introduced the TruClean Series3 Rotary Molder System in August 2018 for soft biscuits and sandwich cookies. To expand their product offerings and reach a wider audience, market players also use capacity expansions and geographic expansions in conjunction with mergers and acquisitions. The following are some of the major players in the global market for bakery processing equipment:

• Ali Group S.r.l.

• Baker Perkins Limited

• Buhler AG

• GEA Group Aktiengesellschaft

• The Middleby Corporation

• JBT Corporation

• Anko Food Machine Co. Ltd.

• Markel Food Group

• Koenig Maschinen GmbH

• Heat & Control, Inc.

Up Market Research published a new report titled “Bakery Processing Equipment Market research report which is segmented by Equipment (Ovens & Proofers, Molders & Sheeters), by Application (Pizza Crusts, Bread), By Players/Companies Baker Perkins Limited, Markel Food Group, The Middleby Corporation, GEA Group Aktiengesellschaft, Ali Group Srl, Anko Food Machine Co Ltd, JBT Corporation, B¼hler AG, Koenig Maschinen GmbH, Heat & Control Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Bakery Processing Equipment Market Report Segments:

The market is segmented by Equipment (Ovens & Proofers, Molders & Sheeters), by Application (Pizza Crusts, Bread).

Bakery Processing Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Bakery Processing Equipment Market

Overview of the regional outlook of the Bakery Processing Equipment Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Bakery Processing Equipment Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Bakery Processing Equipment Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Ovens & Proofers

                2. Molders & Sheeters

                1. Pizza Crusts

                2. Bread

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Bakery Processing Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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• Correctly Positioning New Products
• Market Entry Strategies
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Reasons to Purchase the Bakery Processing Equipment Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.