Global Demand for Bakery Processing Equipment is Expected to Reach $19.5 billion by 2030
A new report from Industry
Experts, Inc. on "Bakery Processing Equipment Market", is released.
As per this new global market report, the demand for Bakery Processing
Equipment is projected to reach US$19.5 billion by 2030 from an estimated
US$13.6 billion in 2024 at a CAGR of 6.2% between 2024 and 2030.
Increasing acceptance of
convenience food products due to busy lifestyles, automatic technology in the
bakery processing sector, availability of healthy options in bakery products,
various inclusions in bakery products that enhance their taste & flavor and
also provide better shelf-life, and manufacturers shifting focus towards
product research and development to create cost-effective and energy efficient
equipment are some of the major factors driving the demand for Bakery
Processing Equipment.
Asia-Pacific is anticipated to
hold the largest share in the global market for Bakery Processing Equipment
during the analysis period because of rising demand for fast food &
confectioneries owing to influence of Western culture, surging population,
rapid urbanization, rising incomes, superior quality of packaging, government's
supportive policies for the expansion of the food processing industry and the
growing usage of required equipment.
Global market for bakery
processing equipment is analyzed in this report for all major regions across
North America (The United States, Canada and Mexico), Europe (France, Germany,
Italy, Russia, Spain, The United Kingdom and Rest of Europe), Asia-Pacific
(China, Japan, India, South Korea and Rest of Asia-Pacific), South America
(Argentina, Brazil and Rest of South America) and Middle East & Africa.
The bakery processing equipment
market examined in this report with respect to Equipment Type - Depositors
& Pan Greasers, Dividers & Rounders, Dough Feeding Systems, Freezers
& Coolers, Mixers & Blenders, Molders & Sheeters, Ovens &
Proofers (Electric Ovens and Gas-Based Ovens), Slicers & Dividers and Other
Bakery Processing Equipment; Mode of Operation - Manual, Semi-Automatic and
Fully Automatic; Application - Breads, Cakes & Pastries, Cookies &
Biscuits, Pizza Crusts and Other Applications; End-Use Sector - Bakeries,
(Artisan Bakeries, Freelance Bakeries and Retail Bakeries), Food Service
Industry, Hotels & Restaurants and Other End-Use Sectors (Incl.
Low-Capacity Processors & Pilot Plants).
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