Bakery Processing Equipment Market Scope
Bakery processing equipment is referring to the various component, processing machines and system used to prepare, cook, store and packaged food products. The bakery is one of the major food sectors and varies widely in terms of process and production scale across the world. Of late, manufacturers are focusing on the development of new advanced machinery and expansion of facilities, marketing strategies are anticipated in the growth of the very market globally.
According to AMA, the Global Bakery Processing Equipment market is expected to see growth rate of 4.98% and may see market size of USD12.01 Billion by 2026.
Bühler (Switzerland), Baker Perkins (United Kingdom), Anko Food Machine (Taiwan), GEA Group AG (Germany), John Bean Technologies Corporation (United States), Heat and Control (United States), Rheon Automatic Machinery (Japan), Markel Food Group (United States), Gemini Bakery Equipment (United States), Allied Bakery Equipment (United States), Global Bakery Solutions (United Kingdom) and Erica Record LLC (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Ali Group S.R.L. a Socio Unico (Italy), The Middleby Corporation (United States), Sinmag Equipment Corporation (Taiwan), Koenig Maschinen GmbH (Austria) and WP Bakery Group (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Bakery Processing Equipment market by Type (Mixers and Blenders, Ovens and Proofers, Slicers and Dividers, Sheeters and Molders, Dividers and Rounders and Others (Pan Greasers, Bread Slicers, Depositors, etc,.)), by Application (Bread, Cakes & Pastries, Pizza Crusts, Cookies & Biscuits and Others) and Region with country level break-up.
On the basis of geography, the market of Bakery Processing Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In February 2019, the Buhler, a Switzerland based company has acquired the Haas Group (Austria). Through this acquisition, the company has expanded its business in India by adding an oven manufacturing plant to service and support facility across the country.
Market Trend
- Increasing Consumer Preference towards Multi-Grain Bread
- The Advent of Upgraded and Technological Advancements Bakery Processing Equipment
Market Drivers
- Increasing Demand for Bakery Products such as Bread, Pizza Cakes and Pastries among Others
- The Growth in Consumption of Ready-to-Eat Food Products Globally
Opportunities
- Increasing Demand for Gluten-Free Bakery Products and Huge Investment in Research Development in the Food Sector
- Rapid Growth of the Global Retail Industry in Emerging Nations
Restraints
- Limited or Less Shelf-Life of the Bakery Products
- High Fixed Cost and Maintenance of Equipment
Challenges
- Occupational Hazards in the Bakery Production Process
Key Target Audience
Bakery Processing Equipment Manufacturers, Component Manufacturers, Distributors, Suppliers, Technology Providers, Government Regulatory Bodies, End Users and Others