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

Meticulous Research®, a leading global market research company, has published a comprehensive 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 projected to reach $14.52 billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030. This market growth is driven by several factors, including the increasing demand for bakery products, advancements in manufacturing processes and technologies, a focus on reducing production costs by manufacturers, and evolving consumer preferences.

The report highlights the significant growth opportunities in expanding markets in Asia, Latin America, and Africa. However, it also points out challenges such as the high cost of equipment due to production expenses and the lack of a trained labor force.

The bakery processing equipment market is categorized based on type, application, and geography:

Market Segmentation

1. By Type:

• Ovens & Proofers: Expected to hold the largest market share in 2023 due to advancements in heating technologies and the availability of affordable oven varieties.
• Dough Mixers
• Molders & Sheeters
• Dividers & Rounders
• Depositors
• Other Bakery Processing Equipment

2. By Application:

• Bread: Anticipated to dominate the market in 2023, driven by the increasing preference for convenience foods, the popularity of specialty frozen bread, and a shift towards healthier bread options, including gluten-free varieties. High demand in countries like China and India also fuels this segment's growth.
• Biscuits & Cookies
• Cakes & Pastries
• Pizza Crusts: Poised for substantial growth due to lifestyle changes and dietary preferences towards convenience and fast foods, along with innovations in healthier pizza options.
• Doughnuts
• Waffles
• Other Applications

3. By Geography:

• Asia-Pacific: Expected to have the largest market share in 2023, supported by increasing demand for bakery products, rapid industrialization, and governmental support for the food processing sector. The region is also projected to register the highest CAGR, with China leading due to its large population, high demand for convenience foods, and cost-effective manufacturing operations.

Key Players

The report identifies key players in the bakery processing equipment market, including:

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), GBT GmbH (Germany)

Report Insights

The report provides detailed insights into high-growth market segments, historical market sizes, market forecasts, major drivers, restraints, opportunities, and challenges. It also offers a competitive landscape analysis, strategies adopted by key players, geographic trends, and an overview of local emerging players.

For more detailed information, you can download the sample report here: Download Sample Report

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 2023–2030?
• 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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I am Deeya. I write articles on Market research trends.