Bakery Processing Equipment Industry Overview
The global bakery processing equipment market size was valued at USD 12.92 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.8% from 2021 to 2028. Increasing demand for packaged food products, including frozen meals, snack foods, and ready-to-eat food products, owing to their convenience and shelf life is anticipated to drive the product demand over the forecast period. Changing consumer lifestyles and tastes have compelled food manufacturers to introduce new products in the market. However, these new product launches focused on catering to the changing demand for taste, flavor, and nutrients further add to the production complexity. This, in turn, is anticipated to drive the demand for advanced bakery processing equipment that can handle a wide variety of ingredients and perform several functions across the production line.
Bakery manufacturers are increasingly focusing on enhancing their production efficiency owing to the increasing energy and labor costs, coupled with the growing raw material cost of food ingredients. This is expected to drive the demand for advanced automated bakery processing machines that ensure improved efficiency and minimum wastage of food ingredients.
Gather more insights about the market drivers, restraints, and growth of the Global Bakery Processing Equipment market
Equipment automation provides an increased throughput rate by minimizing the degree of manual operation required and increasing the flexibility of equipment, which can easily facilitate on-the-fly changes to the product. Automation ensures minimum human intervention, which assists in reducing labor costs. Thus, the demand for automated bakery processing equipment is expected to show a positive trend over the coming years.
This strategic integration significantly lowers the raw material and logistics costs among other challenges for the bakery companies over a significant time. Furthermore, rising awareness amongst bakers regarding the operations of upgraded bakery processing machinery owing to an increasing number of bakery schools has augmented the demand for high-quality customized bakery processing equipment.
The market is majorly ruled by various certifications, regulations, and standards enforced by multiple organizations, such as the Food and Drug Administration (FDA), and the governments of respective countries. New entrants are looking for more significant opportunities in the global bakery processing equipment market as growing urbanization and the rising population demanding bakery products have benefitted the market growth.
Rising energy cost is one of the major constraints faced by bakeries in running their firms continuously. Equipment such as ovens, heaters, chillers, and homogenizers used in the bakery processing industry consumes comparatively high power and energy. Automatic equipment is considered more desirable but requires an uninterrupted electric supply for efficient functioning, resulting in higher energy bills.
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Bakery Processing Equipment Market Segmentation
Grand View Research has segmented the global bakery processing equipment market on the basis of equipment, application, and region:
Bakery Processing Equipment Outlook (Revenue, USD Million, 2017 - 2028)
- Mixer & Blenders
- Dividers & Rounders
- Molders & Sheeters
- Oven & Proofers
- Others
Bakery Processing Equipment Application Outlook (Revenue, USD Million, 2017 - 2028)
- Bread
- Cakes & Pastries
- Cookies & Biscuits
- Pizza Crusts
- Others
Bakery Processing Equipment Regional Outlook (Revenue, USD Million, 2017 - 2028)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Market Share Insights:
August 2018: Baker Perkins introduced the TruClean Series3 rotary molder system for soft dough biscuits and sandwich cookies.
Key Companies profiled:
Some prominent players in the global Bakery Processing Equipment market include
- Ali Group S.r.l.
- Baker Perkins Limited
- Bühler AG
- GEA Group Aktiengesellschaft
- The Middleby Corporation.
- JBT Corporation
- Anko Food Machine Co., Ltd.
- Markel Food Group
- Koenig Maschinen GmbH
- Heat & Control, Inc.
Order a free sample PDF of the Bakery Processing Equipment Market Intelligence Study, published by Grand View Research.
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