Increasing demand for upgraded equipment in bakeries is expected to drive the growth of global bakery equipment market
According to TechSci Research report, “Global Bakery Equipment Market By Equipment Type (Mixer & Blenders, Dividers & Rounder, Molders & Sheeters, Oven & Proofers, Slicers, Others), By Application (Bread, Cakes & Pastries, Cookies & Biscuits, Pizza Crusts, Others), By Mode of Operation (Automatic v/s Semi-Automatic), By Distribution Channel (Store-Based v/s Non-Store-Based), By End Users (Bakery Processing Industry v/s Foodservice Industry), By Region, Forecast & Opportunities, 2025”, the global bakery equipment market is expected to grow at a steady rate during the forecast period on account of the growing health conscious population, which has increased the demand for such biscuits & cookies. Additionally, changing lifestyle patterns has further increased the demand for bakery products. This in turn is expected to increase the demand for bakery equipment. Furthermore, growing trend of gifting bakery products such as biscuits, cookies, muffins, pastries, cakes, among others as a gifting option during special occasions and festivals is expected to propel the market growth through 2025. Besides, technological advancements and new product launches by the major players operating in the market is expected to create lucrative opportunities for market growth during the forecast period. However, high fixed and maintenance cost associated with bakery equipment might hamper the market growth through 2025. Also, lack of awareness pertaining to the availability of bakery equipment, especially in the emerging countries, might further restrict the market growth during the forecast period. Moreover, issues related to waste control and proper cleaning of equipment in order to adhere to food safety norms might impede the market growth over the next few years. Furthermore, high energy consumption by the bakery equipment is further expected to pose a challenge to the market growth.
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The global bakery equipment market is segmented based on equipment type, application, mode of operation, distribution channel, end users, company and region. Based on equipment type, the market can be categorized into mixer & blenders, dividers & rounder, molders & sheeters, oven & proofers, slicers and others. Among these, the molders & sheeters segment is expected to hold significant market share owing to their use in producing bakery products of various shapes and sizes. Based on application, the market can be fragmented into bread, cakes & pastries, cookies & biscuits, pizza crusts and others. Out of these, cookies & biscuits segment is also expected to hold a significant market share on account of the growing demand for ready to eat and healthy snacking options.
Markel Food Group, Baker Perkins, Bühler, GEA Group AG, Middleby Corporation, John Bean Technologies Corporation, Rheon Automatic Machinery, Erica Record LLC, Gemini Bakery Equipment, Allied Bakery Equipment and others are some of the leading players operating in global bakery equipment market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
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“Asia-Pacific is expected to register the highest growth in the global bakery equipment market owing to the growing demand for frozen bakery products in the region. Additionally, rapid urbanization and increasing disposable income has drastically increased the consumption of bakery products. This in turn is expected to fuel the growth of bakery equipment over the next few years. Furthermore, supportive government policies and presence of regulatory bodies especially in countries such as India is expected to create lucrative opportunities for the market growth through 2025. For instance, Ministry of Food Processing Industries (MOFPI) in India focuses on hygiene, quality and technological advancements in bakery processing industry.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Bakery Equipment Market By Equipment Type (Mixer & Blenders, Dividers & Rounder, Molders & Sheeters, Oven & Proofers, Slicers, Others), By Application (Bread, Cakes & Pastries, Cookies & Biscuits, Pizza Crusts, Others), By Mode of Operation (Automatic v/s Semi-Automatic), By Distribution Channel (Store-Based v/s Non-Store-Based), By End Users (Bakery Processing Industry v/s Foodservice Industry), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global bakery equipment market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global bakery equipment market.
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