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Redding, California - July 17, 2024

Bakery Processing Equipment Market to be Worth $14.52 Billion by 2030

Bakery Processing Equipment Market by Type (Ovens, Proofers, Molders, Sheeters, Dividers, Rounders, Depositors, Dough Mixers), Application (Bread, Biscuits & Cookies, Cakes & Pastries, Pizza Crusts, Doughnuts, Waffles) — Global Forecast to 2030

Meticulous Research^®—a leading global market research company, published a research report titled, ‘Bakery Processing Equipment Market by Type (Ovens, Proofers, Molders, Sheeters, Dividers, Rounders, Depositors, Dough Mixers), Application (Bread, Biscuits & Cookies, Cakes & Pastries, Pizza Crusts, Doughnuts, Waffles) — Global Forecast to 2030.’

The bakery processing equipment market is expected to reach $14.52 billion by 2030, at a CAGR of 5.5% from 2024 to 2030. The growth of this market is attributed to the rising demand for bakery products, advancements in manufacturing processes and technologies, manufacturers' heightened focus on reducing production costs, and consumers’ changing tastes and preferences.

Furthermore, the expanding markets in Asia, Latin America, and Africa are expected to offer significant growth opportunities for market players. However, the high cost of equipment due to the high production expenses of bakery products restrains the market’s growth. Additionally, the lack of a trained labor force poses a major challenge for players in this market.

The bakery processing equipment market is segmented by type, application, and geography.

Based on type, the bakery processing equipment market is segmented into ovens & proofers, dough mixers, molders & sheeters, dividers & rounders, depositors, and other bakery processing equipment. In 2024, the ovens & proofers segment is expected to account for the largest share of the bakery processing equipment market. The large market share of this segment can be attributed to advancements in oven heating technologies and baking processes, coupled with the availability of new varieties of ovens at affordable prices.

Based on application, the bakery processing equipment market is segmented into bread, biscuits & cookies, cakes & pastries, pizza crusts, doughnuts, waffles, and other applications. In 2024, the bread segment is expected to account for the largest share of the bakery processing equipment market. The large market share of this segment is attributed to increasing consumer preference for convenience foods, the rising popularity of specialty frozen bread products, and a growing inclination towards healthier bread options, including gluten-free varieties. Furthermore, the high demand for bread in countries such as China and India is expected to contribute significantly to the market’s growth during the forecast period.

However, the pizza crusts segment is poised for substantial growth during the forecast period. This growth is primarily attributed to shifts in lifestyle and dietary preferences, with an increasing inclination towards convenience and fast foods. In response to this demand, pizza companies are consistently innovating and introducing new pizzas with healthier ingredients, thereby driving the need for associated processing equipment.

Based on geography, in 2024, Asia-Pacific is expected to account for the largest share of the bakery processing equipment market. Asia-Pacific’s significant market share is attributed to various factors, including the increasing demand for bakery products manufacturing equipment, a thriving bakery industry, rapid industrialization, and governmental initiatives aimed at supporting the food processing sector.

Moreover, the market in Asia-Pacific is projected to register the highest CAGR during the forecast period. The growth in this regional market is attributed to factors such as the growing middle class with high purchasing power and technological advancements in bakery processing equipment. In 2024, China is expected to account for the largest share of the bakery processing equipment market in Asia-Pacific, primarily due to the large population base, the high demand for convenience and ready-to-eat products, cost-effective manufacturing operations, and low labor costs in the country.

Key Players:

The key players operating in the bakery processing equipment market are GEA Group Aktiengesellschaft (Germany), Ali Group S.r.l. a Socio Unico (Italy), Heat and Control, Inc. (U.S.), The Middleby Corporation (U.S.), John Bean Technologies Corporation (U.S.), Baker Perkins Limited (U.K.), Rheon Automatic Machinery Co. Ltd. (Japan), Sinmag Equipment Corporation (Taiwan), Allied Bakery Equipment (U.S.), Gemini Bakery Equipment Company (U.S.), ANKO Food Machine Co., Ltd. (Taiwan), Markel Ventures Inc. (U.S.), KÖNIG Deutschland GmbH (Germany), WP Bakery Group (Germany), and GBT GmbH (Germany).

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=4854

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of type, application, and geography?
What is the historical market size for bakery processing equipment across the globe?
What are the market forecasts and estimates for the period 2024–2030?
What are the major drivers, restraints, opportunities, and challenges in the bakery processing equipment market?
Who are the major players in the market, and what are their market shares?
Who are the major players in various countries, and what are their market shares?
What is the competitive landscape like in the bakery processing equipment market?
What are the different strategies adopted by the major players in the bakery processing equipment market?
What are the key geographic trends, and which are the high-growth countries?
Who are the local emerging players in the bakery processing equipment market, and how do they compete with other players?

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Redding, California - July 17, 2024

Bakery Processing Equipment Market to be Worth $14.52 Billion by 2030

Bakery Processing Equipment Market by Type (Ovens, Proofers, Molders, Sheeters, Dividers, Rounders, Depositors, Dough Mixers), Application (Bread, Biscuits & Cookies, Cakes & Pastries, Pizza Crusts, Doughnuts, Waffles) — Global Forecast to 2030

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