The Bakery Processing Equipment Market is expected to grow at a CAGR of 6.6% from 2018 to 2024 to reach $19,555.1 million by 2024 from $13,346.6 million in 2018.
Increasing Consumer Demand for Bakery Products Drive the Global Bakery Processing Equipment Market
The bakery industry is one of the world’s major food industries and varies widely in terms of production scale and process. The global baked goods market has shown rapid recovery following the economic recession and recorded strong growth over recent years. According to Agriculture and Agri-Food Canada, the global bakery market retail value is increased from $321.8 billion in 2014 to $338.7 billion in 2015 with 5.3% growth rate. In the overall bakery market worldwide, the top markets are the U.S., China, and Brazil, in total accounting for 30.8% of the world’s market share. Factors associated with expansion of baked good products market are convenience; affordability; health benefits; and growing demand for healthier fortified baked products that contain low levels of fats, sugar, and calories. In addition, bakery products have become increasingly accessible to all age groups and are sold as ready-to-eat. Thus, growing consumption of bakery products contributes to the development of bakery processing industry, and thereby increases the demand for bakery processing equipment.
Key Findings in the Global Bakery Processing Equipment Market Study:
Ovens and Proofers Dominates the Global Bakery Processing Equipment Market
Ovens and proofers commanded the largest share of the global bakery processing equipment market in 2017. Ovens and proofers are essential equipment for bakery industry. The increased productivity of bakery industry and large-scale development in the oven heating technologies and processes of baking are driving the demand for ovens. There are many variations of ovens available and the selection of an oven ultimately depends on the product line and size of the bakery.
Pizza Crust to Post Fastest Growth in the Global Bakery Processing Equipment Market
Pizza is almost consumed worldwide and has gained widespread consumer acceptance as a healthy and convenience food. The changing life patterns and food habits of people and their preferences have catapulted the market to grow for convenience and fast foods. By considering this demand, pizza crust processers are continuously introducing and developing new pizzas with healthy ingredients, which subsequently fuel the demand of processing equipment needed.
Asia Pacific: Fastest Growing Regional Market
The Asia- Pacific bakery processing equipment market is developing and expanding at a significant pace. The rapid growth of this market is mainly attributed to the global shift of manufacturing from North America & Europe to Asia-Pacific region and related rise in the use of equipment in the bakery products manufacturing; booming bakery industry; rising industrialization; and government initiatives to support food processing sector. China is expected to dominate the Asia Pacific market through 2024, mainly due to higher population base, huge bakery industry, increasing expenditure on convenience and ready-to-eat products, cost effective manufacturing operations, and availability of cheap skilled labor.
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Key Players
The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2015-2018). The key players in the global 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), Markel Ventures Inc. (U.S.), Koenig Maschinen GmbH (Austria), WP Bakery Group (Germany), and GBT GmbH (Germany).
Scope of the Report:
Market by Type
Market by Application
Market by Geography
Key questions answered in the report:
Increasing consumer demand for bakery products drive the global bakery processing equipment market
Ovens and proofers dominates the global bakery processing equipment market, globally
Bakery processing equipment market favors both larger and local manufacturers that compete in multiple segments
Recent partnerships, acquisitions, and expansions have taken place in the global bakery processing equipment market
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
3.1. Introduction
3.2. Market Dynamics
3.3. Segment Analysis
3.3.1. Type Analysis
3.3.2. Application Analysis
3.4. Regional Analysis
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Consumer Demand for Bakery Products
4.2.2. Advancement in Manufacturing Processes & Technologies
4.2.3. Increasing Focus of Manufacturers to Reduce Production Cost
4.3. Restraints
4.3.1. High Cost of Equipment Due to its High Production Cost
4.4. Opportunities
4.4.1. Emerging Markets- Asia, Latin America, and Africa
4.5. Challenges
4.5.1. Lack of Trained Labor Force
4.6. Regulatory Analysis
4.6.1. Introduction
4.6.2. International Standards
4.6.2.1. European Cen 'C' Standards for Food Machinery Safety
4.6.2.2. Hygienic Design and Construction Standards
4.6.2.2.1. European Hygienic Design Group (EHEDG)
4.6.2.2.2. NSF International
4.6.2.2.3. 3a Sanitary Standards Inc.
4.6.2.2.4. ISO
5. Global Bakery Processing Equipment Market, by Type
5.1. Introduction
5.2. Ovens and Proofers
5.3. Dough Mixers
5.4. Moulders and Sheeters
5.5. Dividers and Rounders
5.6. Depositors
5.7. Other Bakery Processing Equipment
6. Global Bakery Processing Equipment Market, by Application
6.1. Introduction
6.2. Bread
6.3. Biscuits and Cookies
6.4. Cakes and Pastries
6.5. Pizza Crusts
6.6. Others
7. Food Processing Equipment Market, by Geography
7.1. Introduction
7.2. North America
7.2.1. Introduction
7.2.2. U.S.
7.2.3. Canada
7.3. Europe
7.3.1. Introduction
7.3.2. Germany
7.3.3. France
7.3.4. Italy
7.3.5. U.K.
7.3.6. Spain
7.3.7. The Netherlands
7.3.8. Rest of Europe
7.4. Asia Pacific
7.4.1. Introduction
7.4.2. China
7.4.3. India
7.4.4. Japan
7.4.5. Australia
7.4.6. Rest of Asia-Pacific
7.5. Rest of World
7.5.1. Introduction
7.5.2. Latin America
7.5.2.1. Introduction
7.5.2.2. Brazil
7.5.2.3. Mexico
7.5.2.4. Argentina
7.5.2.5. Rest of Latin America
7.5.3. Middle East and Africa
8. Competitive Landscape
8.1. Introduction
8.1.1. Acquisitions
8.1.2. Expansions
8.1.3. New Product Launches
8.1.4. Partnerships
9. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Recent Developments)
9.1. GEA Group Aktiengesellschaft
9.2. Ali Group S.R.L. A Socio Unico
9.3. Heat and Control, Inc.
9.4. The Middleby Corporation
9.5. John Bean Technologies Corporation
9.6. Baker Perkins Limited
9.7. Rheon Automatic Machinery Co. Ltd.
9.8. Sinmag Equipment Corporation
9.9. Markel Ventures Inc.
9.10. Koenig Maschinen GmbH
9.11. WP Bakery Group
9.12. GBT GmbH
10. Appendix
10.1. Questionnaire
LIST OF TABLES
Table 1 Total Global Bakery Processing Equipment Market: Impact Analysis of Market Drivers (2018–2024)
Table 2 Total Global Bakery Processing Equipment Market: Impact Analysis of Market Restrains (2018–2024)
Table 3 Standards for Bakery Machineries
Table 4 Standards for Pasta Machineries
Table 5 Global Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 6 Ovens and Proofers Market Size for Bakery Processing, by Country/Region, 2016-2024 (USD Million)
Table 7 Dough Mixers Market Size for Bakery Processing, by Country/Region, 2016-2024 (USD Million)
Table 8 Moulders and Sheeters Market Size for Bakery Processing, by Country/Region, 2016-2024 (USD Million)
Table 9 Dividers and Rounders Market Size for Bakery Processing, by Country/Region, 2016-2024 (USD Million)
Table 10 Depositors Market Size for Bakery Processing, by Country/Region, 2016-2024 (USD Million)
Table 11 Other Bakery Processing Equipment Market Size, by Country/Region, 2016-2024 (USD Million)
Table 12 Global Bakery Processing Equipment Market Size, by Application, 2016-2024 (USD Million)
Table 13 Bread Processing Equipment Market Size, by Country/Region, 2016-2024 (USD Million)
Table 14 Biscuits and Cookies Processing Equipment Market Size, by Country/Region, 2016-2024 (USD Million)
Table 15 Cakes and Pastries Processing Equipment Market Size, by Country/Region, 2016-2024 (USD Million)
Table 16 Pizza Crusts Processing Equipment Market Size, by Country/Region, 2016-2024 (USD Million)
Table 17 Others Bakery Products Processing Equipment Market Size, by Country/Region, 2016-2024 (USD Million)
Table 18 Bakery Processing Equipment Market Size, by Country/Region, 2016–2024 (USD Million)
Table 19 North America: Bakery Processing Equipment Market Size, by Country, 2016-2024 (USD Million)
Table 20 North America: Market Size, by Type, 2016-2024 (USD Million)
Table 21 North America: Market Size, by Application, 2016-2024 (USD Million)
Table 22 U.S.: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 23 U.S.: Market Size, by Application, 2016-2024 (USD Million)
Table 24 Canada: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 25 Canada: Market Size, by Application, 2016-2024 (USD Million)
Table 26 Europe: Bakery Processing Equipment Market Size, by Country/Region, 2016-2024 (USD Million)
Table 27 Europe: Market Size, by Type, 2016-2024 (USD Million)
Table 28 Europe: Market Size, by Application, 2016-2024 (USD Million)
Table 29 Germany: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 30 Germany: Market Size, by Application, 2016-2024 (USD Million)
Table 31 France: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 32 France: Market Size, by Application, 2016-2024 (USD Million)
Table 33 Italy: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 34 Italy: Market Size, by Application, 2016-2024 (USD Million)
Table 35 U.K.: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 36 U.K.: Market Size, by Application, 2016-2024 (USD Million)
Table 37 Spain: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 38 Spain: Market Size, by Application, 2016-2024 (USD Million)
Table 39 The Netherlands: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 40 The Netherlands: Market Size, by Application, 2016-2024 (USD Million)
Table 41 RoE: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 42 RoE: Market Size, by Application, 2016-2024 (USD Million)
Table 43 Asia-Pacific: Bakery Processing Equipment Market Size, by Country, 2016-2024 (USD Million)
Table 44 Asia-Pacific: Market Size, by Type, 2016-2024 (USD Million)
Table 45 Asia-Pacific: Market Size, by Application, 2016-2024 (USD Million)
Table 46 China: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 47 China: Market Size, by Application, 2016-2024 (USD Million)
Table 48 India: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 49 India: Market Size, by Application, 2016-2024 (USD Million)
Table 50 Japan: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 51 Japan: Market Size, by Application, 2016-2024 (USD Million)
Table 52 Australia: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 53 Australia: Market Size, by Application, 2016-2024 (USD Million) 84
Table 54 RoAPAC: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 55 RoAPAC: Market Size, by Application, 2016-2024 (USD Million)
Table 56 RoW: Bakery Processing Equipment Market Size, by Region, 2016-2024 (USD Million)
Table 57 RoW: Market Size, by Type, 2016-2024 (USD Million)
Table 58 RoW: Market Size, by Application, 2016-2024 (USD Million)
Table 59 Latin America: Bakery Processing Equipment Market Size, by Country, 2016-2024 (USD Million)
Table 60 Latin America: Market Size, by Type, 2016-2024 (USD Million) 90
Table 61 Latin America: Market Size, by Application, 2016-2024 (USD Million)
Table 62 Brazil: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 63 Brazil: Market Size, by Application, 2016-2024 (USD Million)
Table 64 Mexico: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 65 Mexico: Market Size, by Application, 2016-2024 (USD Million)
Table 66 Argentina: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 67 Argentina: Market Size, by Application, 2016-2024 (USD Million)
Table 68 RoLATAM: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 69 RoLATAM: Market Size, by Application, 2016-2024 (USD Million)
Table 70 Middle East and Africa: Bakery Processing Equipment Market Size, by Type, 2016-2024 (USD Million)
Table 71 Middle East and Africa: Market Size, by Application, 2016-2024 (USD Million)
Table 72 Acquisitions
Table 73 Expansions
Table 74 New Product Launches and Upgradations
Table 75 Partnerships
List of Figures
Figure 1 Scope of Global Bakery Processing Equipment Market
Figure 2 Key Stakeholders of Global Bakery Processing Equipment Market
Figure 3 Research Process
Figure 4 Key Executives Interviewed
Figure 5 Primary Research Techniques
Figure 6 Market Size Estimation
Figure 7 Ovens and Proofers Expected to Dominate the Market During the Forecast Period
Figure 8 Pizza Crusts to Witness a Fastest Growth in The Global Market During the Forecast Period
Figure 9 Bakery Processing Equipment Market Share, by Geography, 2017
Figure 10 Asia-Pacific: Lucrative and Growing Market for Bakery Processing Equipment Stakeholders
Figure 11 Market Dynamics
Figure 12 Global Bakery Processing Equipment Market Size, by Type, 2018-2024 (USD Million)
Figure 13 Global Bakery Processing Equipment Market Size, by Application, 2018-2024 (USD Million)
Figure 14 Future Geographical Outlook, 2024
Figure 15 Key Adopters of Bakery Processing Equipment
Figure 16 North America: Bakery Processing Equipment Market Size, by Country, 2018-2024 (USD Million)
Figure 17 Europe: Bakery Processing Equipment Market Size, by Country/Region, 2018-2024 (USD Million)
Figure 18 Asia-Pacific: Bakery Processing Equipment Market Size, by Country, 2018-2024 (USD Million)
Figure 19 Row: Bakery Processing Equipment Market Size, by Region, 2018-2024 (USD Million)
Figure 20 Latin America: Bakery Processing Equipment Market Size, by Country/Region, 2018-2024 (USD Million)
Figure 21 Key Growth Strategies Adopted by Leading Players, 2015-2018
Figure 22 GEA Group Aktiengesellschaft: Financial Overview (2015-2017)
Figure 23 The Middlby Corporation: Financial Overview (2015-2017)
Figure 24 John Bean Technologies Corporation: Financial Overview (2015-2017)
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
We are in the phase of updating this report by analysing the impact of COVID-19 on this market.
Published Date: Apr-2022
Published Date: Jun-2021
