Bakery Processing Equipment Market - Snapshot
Bakery processing equipment are used to process dough and for handling baked articles made from dough. Various tools under bakery equipment includes bread systems, bread slicers, mixers, ovens and proofers, divider and rounders, sheeters and moulders, pan greasers and depositors. Based on application, bakers processing equipment are used to make breads, cookies and biscuits, cakes and pastries, pizza crusts, desserts, and others (croissants, donuts, and pretzels). The global bakery processing equipment market is growing at an exponential rate as a result of growth in the bakery market. Hence, players in the bakery processing equipment market are concentrating on product development and developing technologically advanced equipment in order to cater to the growing demand for bakery goods consumption. The mounting need for flexible equipment will also give rise to the need for automation so as to manage efficient operations at prescribed times. Increase in energy efficiency equipment, increasing safety of equipment, and minimizing the cost of maintenance are some of the key factors that are driving the growth of the bakery equipment market. Transparency Market Research analyses the global bakery processing equipment market in terms of value in US Mn and volume sales in terms of ‘000 (thousand) units.
The global bakery processing equipment market is expected to reach around US$ 21,344.7 Mn by 2026. The Asia Pacific bakery processing equipment market incurred the highest market share, accounting for US$ 394.6 Mn in 2016. The market dynamics of the global bakery processing equipment are subject to factors mainly related to the increasing bakery consumption worldwide resulting in increasing number of bakery equipment manufacturers. Europe and the United States dominate the bakery market; however, the equipment for bakery processing is mainly imported from China and other Asian countries to cater to the Asia Pacific region and many other regions globally. Additionally, increasing focus of processed food safety from the consumer’s point of view has led to the growth of the bakery processing equipment market. Consumers are inclining toward food products of those manufacturers who use automated processes. Automation reduces human contact with the food during the manufacturing process, thereby reducing the chances of contamination of food due to human negligence. Moreover, consumers are becoming smarter in terms of choosing their products. They prefer products containing labeling such as ““preservative-free,” “all natural,” “no artificial ingredients” etc. Consumers seek certain food safety standards in the packaging of the products that ensures its safety and quality. All these factors are anticipated to drive the growth of the bakery processing equipment market.
One of the major challenges affecting the growth of the bakery processing equipment market is waste control in the food production line. Wastewater generated in bakery manufacturing originates from equipment cleaning and floor washing. It contains rich oils and grease. Flour, oil, sugar, and yeast are the major components in the waste. Equipment that is not running efficiently may result in burnt, undercooked food, or even over-mixed food, thereby generating waste. Additionally, achieving the level of quality on the production floor is also a major restraint. Usage of sub-standard equipment results in manufacturing poor quality foods. All these factors are expected to be restraints for the growth of the bakery processing equipment market.
However, big bakers are entering the developing economies where there is huge consumption of bakery products. This is anticipated to drive growth of bakery processing equipment manufacturers. Additionally, government support for food processing industry is also expected to prop up the bakery processing equipment market.
Some of the key players profiled in the global bakery processing equipment market are GEA Group AG, Buhler Holding AG, John Bean Technologies Corporation, Ali Group S.r.l., Heat and Control, Inc., Meyer Industries, Inc., Baker Perkins Limited, Markel Food Group, and ANKO Food Machine Co., Ltd.
Bakery Processing Equipment Market - Overview
The bakery processing equipment market report provides analysis for the period 2016–2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers all the major driving factors and key trending topics impacting the bakery processing equipment market growth over the forecast period. It also highlights the restraints and opportunities expected to influence the market during the aforesaid period. The study provides a comprehensive outlook on the bakery processing equipment market’s growth throughout the forecast period in terms of revenue (in US$ Mn) and volume (Thousand Units), across different geographies, including Asia Pacific, South America, North America, Europe, and Middle East & Africa (MEA).
The report covers the entire overview of the market including the market dynamics such as drivers, restraints, opportunities, and trends that are predicted to leverage the existing nature and prospective status of this market. The relationship between diverse industries is explained under the ecosystem analysis. Furthermore, the several internal and external factors affecting the bakery processing equipment market are studied through the industry SWOT analysis. The various economic, political, and environmental analysis is studied through PESTEL analysis. The competitive position of the bakery processing equipment market is studied through the Porter’s Five Forces Analysis. Additionally, current indicators of diverse macro-economic factors are contextualized under key market indicators.
The bakery processing equipment market has been provided in (US$ Mn) in terms of revenue and (Thousand Units) in terms of volume, as well as the CAGR (%) for the forecast period 2018 to 2026. The bakery processing equipment market is a global report studied on the basis of type, end-use, application, and region. Additionally, under the regional sections, the price trend has been incorporated to ascertain the regional impact of the same. The incremental opportunity analysis has been figured out in order to determine the most attractive segment in the upcoming years. Based on regions, the market is segmented as North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The report also highlights the competitive landscape of the bakery processing equipment market, thereby positioning all the major players according to their geographic presence and recent key developments. The comprehensive bakery processing equipment market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the growth of the bakery processing equipment market. Besides, competition matrix and market share analysis has been included under the competitive landscape to understand the top players’ contribution to the bakery processing equipment market. Each company is studied on the basis of basic information, financial highlights, revenue highlights of regional contribution and segment contribution, and product portfolio. Additionally, the company strategy and recent developments if any are also incorporated under each company profile section.
The global bakery processing equipment market report has profiled the top players having a global presence such as GEA Group AG, Buhler Holding AG, John Bean Technologies Corporation, Ali Group S.r.l., Heat and Control, Inc., Meyer Industries, Inc., Baker Perkins Limited, Markel Food Group, ANKO Food Machine Co., Ltd., Erika Record LLC, Gemini Bakery Equipment Company, Rheon Automatic Machinery Co., Ltd., Global Bakery Solutions Ltd., Peerless Food Equipment, and Allied Bakery Equipment.
The bakery processing equipment market is segmented as below.
Bakery Processing Equipment Market
- Bread Systems
- Bread Slicers
- Ovens & Proofers
- Divider & Rounder
- Sheeter & Moulders
- Pan Greasers
- Retail Baker
- Wholesale Baker
- Cookies & Biscuits
- Cakes & Pastries
- Pizza Crusts
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- South Africa
- Rest of MEA
- South America
- Rest of South America