Equipment for baking bakery products like cookies, pancakes, crumpets, buns, and pizza crusts is used in bakeries. There are several pieces of equipment, including depositors, ovens, proofers, pan greasers, and slicers and dividers. The restaurant and bakery processing industries use these processing tools extensively. In 2021, the bakery processing equipment market was USD 13.02 billion, and by 2030 it will reach USD 21.82 billion, growing at a 5.91% CAGR during the forecast period. Factors influencing the growth of the global bakery processing equipment market include rapid urbanization, a growing workforce, a busy lifestyle, a high spending capacity, and rising consumption of fast foods like pizza, sandwiches, burgers, and others in developed and developing nations.
DriversThe increasing sales of bakery items worldwide are the main factor driving the global market. The demand for processed & packaged baked foods has been driven by the rising disposable income levels among the general public and their evolving dietary choices, which has fueled industry expansion. The industry is further fuel by consumers’ growing desire for baked goods with clean labels and organic ingredients. Additionally, several fortified bread items are becoming increasingly popular among customers, fostering a favorable outlook for the sector. In order to help increase the overall precision and efficiency of the production process, manufacturers are also investing in the development of a number of cutting-edge pieces of machinery.
RestraintsHigh maintenance costs, tight government regulations, and the requirement for strict adherence to international quality standards due to fouling and scaling of equipment are significant concerns that may impede the growth of the target market.
OpportunityManufacturers operating in the target market can expect profitable revenue prospects due to variables such as customers’ changing eating habits, growing tendency to westernize, and rising investment in R&D efforts for bakery processing equipment.
Application InsightsIn terms of application, the bakery processing equipment market is segmented into pizza crusts, cookies & biscuits, cakes & pastries, bread, and others. The bread segment ruled the entire market in 2022 with a significant revenue share of 40% due to its extensive use in retail sectors and several food & service industries. The market will also expand due to consumers’ increasing preference for healthier bread varieties, including multigrain and gluten-free. Customers are particularly interest in bakery goods that are low in carbs and gluten-free as they become more health conscious. Moreover, bread is regard as a basic item in many nations worldwide. Moreover, flatbread is consume more frequently than other foods, mainly in Europe and North America.
Product Type InsightsIn terms of product type, the bakery processing equipment market is segmented into mixers, ovens & proofers, sheeters & molders, and others. In 2022, the oven and proofers led the market with a significant share of nearly 42%. The bakery industry’s increased productivity and extensive research in oven heating technology and baking procedures drive the need for ovens. Ovens come in a wide variety, and the choice of oven ultimately depends on the range of goods offered and the size of the bakery.
Regional OverviewAsia Pacific was the biggest market, with a 35.8% revenue share in the global market for bakery processing equipment in 2022. Due to the region’s growing population, rapid urbanization, and increased prosperity, food consumption is always rising. Students and urban employees in countries like India, China, and Japan favor bakery products as snacks due to their busy lifestyles. Chinese consumers have a high demand for imported bread products because of their superior quality and packaging. These elements will support the growth of the markets for bakery goods.
- Heat & Control, Inc.
- JBT Corporation
- Koenig Maschinen GmbH
- Ali Group S.r.l.
- Baker Perkins Limited
- Markel Food Group
- GEA Group Aktiengesellschaft
- Bühler AG
- Anko Food Machine Co., Ltd.
- The Middleby Corporation.