Bakery processing equipment market to surpass USD 21.82 billion

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Bakery processing equipment refers to the machinery and tools used in the commercial production of baked goods, such as bread, cakes, pastries, and cookies. This equipment includes mixers, ovens, slicers, dividers, sheeters, depositors, proofers, and other specialized tools used in the baking process.

 

Bakery processing equipment is essential in large-scale bakery operations as it helps to streamline the baking process, increase efficiency, and maintain consistent quality. It also enables bakers to produce large quantities of baked goods quickly and efficiently, meeting customers’ demands and increasing profitability.

 

The market for bakery processing equipment was worth USD 13.02 billion, and by 2030 it will be worth USD 21.82 billion, at a 5.91% CAGR during the forecast period.

 

The bakery processing equipment market is driven by the growing demand for bakery products, the increasing trend of automation in the food processing industry, and the need for consistent quality and efficiency in production processes. The market is also acclerated by technological advancements, changing consumer preferences, and government regulations.

 

Market Dynamics

 

Drivers

 

Innovations have a big impact on the market for bakery processing equipment since manufacturers are constantly introducing new processing techniques to produce a variety of complicated bakery items in various sizes and shapes. Therefore, they are concentrating heavily on meeting the increased demand from the processed food industry’s customers. Additionally, the top manufacturers in this sector are focusing on the creation and improvement of new machinery tools over the ones they already have, which will fuel the market’s expansion as a whole.

 

Additionally, the growing emphasis on marketing strategies, information-sharing programs, facility development, and rising utilization of bakery processing equipment applications will propel the overall industry’s growth.

 

Restraints

 

One of the biggest challenges bakeries face in the ongoing management of their businesses is the rise in energy expenses. A bakery’s processing area uses various equipment, including homogenizers, heaters, chillers, and ovens, which use fairly excessive energy and electricity. Automated technology is more advantageous, but it also requires a constant electrical supply for proper operation, which increases energy costs.

 

Opportunity 

 

The market for bakery processing equipment will see profitable growth prospects due to the rise in demand for new goods such as frozen bakery items, rising investments in technical advancement, and the development of production facilities.

 

Market Segmentation

 

By Equipment

Due to its widespread use in baking and the increasing demand for baked goods, the oven & proofers segment ruled the market in 2022, accounting for almost 42% of total market revenue. Additionally, the launch of low-energy ovens is anticipated to propel the market. The oven is a crucial processing step in baking because simultaneous heat and transfer phenomena take place there, changing the product’s biochemistry and physiochemistry. This process is crucial in preventing bacteria from growing inside the product.

 

By Application 

 

The bread category led the industry with a share of almost 40% in 2022. Due to their customers’ dietary preferences, bread is in high demand in North America and Europe. Additionally, the market will probably be driven throughout the forecast period by increased bread demand in countries like China and India. Three of the biggest pizza firms in America planned to grow abroad. For instance, Pizza Hut planned to establish 1000 new stores in China in 2019, followed by 50 locations each for Papa John’s and Domino’s. A sieve, baking trays, dough dividers, dough scorers, weighing scales, bread molds, and ovens are a few of the equipment needed in the production of bread.

 

Regional Analysis 

 

With a 35.8% revenue share in 2022, Asia Pacific emerged as the largest regional market. 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 are anticipate to support the growth of the markets for bakery goods.

 

Key Players 

 

  • Ali Group S.r.l.
  • Markel Food Group
  • JBT Corporation
  • Koenig Maschinen GmbH
  • Bühler AG
  • Anko Food Machine Co., Ltd.
  • Baker Perkins Limited
  • Heat & Control, Inc.
  • GEA Group Aktiengesellschaft
  • The Middleby Corporation.

 

The market for bakery processing equipment was worth USD 13.02 billion. And by 2030 it will be worth USD 21.82 billion, at a 5.91% CAGR during the forecast period. The main drivers of the industry’s growth throughout the predicted period are the development. And replacement of traditional bakery equipment and new processing methods for producing bakery items in various shapes and sizes.

 

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