Global Bakery Processing Equipment Market Analysis & Trends - Industry Forecast to 2030
Bakery Processing Equipment: Market Size
From $15.7 billion in 2024, the global Bakery Processing Equipment market is projected to reach $26.4 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 9.1% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include investments in technological advancements, increasing number of food production facilities, and shift in food preferences of consumers.
Global Bakery Processing Equipment Market: Market Dynamics
The major factors fueling the growth of bakery processing equipment include growing number of health conscious consumers and increasing demand for healthy products. The processed food market is driven by the increase in the need for convenience due to the busy customer lifestyles. Further, growth in per-capita income has resulted in greater demand for ready-to-eat and on-the-go food items. This, in turn, has led to an increase in demand for bakery products.
On the other hand, the need for the treatment of wastewater in bakery production line is likely to obstruct the profit boundaries. In addition, increasing demand for new bakery products will further boost for the Bakery Processing Equipment market.
Impact of COVID-19 on Bakery Processing Equipment
Although COVID-19 has impacted the bakery processing equipment market, there is no significant impact on the global operations and supply chain of their bakery processing equipment solution. Multiple manufacturing facilities of players are still in operation.
By Application
Bread Segment Dominate the Market in 2024
The bread segment made huge revenue in 2024 and growing its prominence during the forecast period due to the increasing preference for healthy breads. As customers are becoming more health-conscious, they are encouraged to opt for bakery products that are gluten-free and are low in carbohydrates.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific region is likely to have a huge demand in the forecast period owing to the growing food industry in the region. Food consumption in the region is also gradually increasing, owing to growing population, rising income, and rapid urbanization.
List of the Key Players Profiled in the Market Include:
• Nestlé SA • Kellogg Company • Mondelez International • Baker Perkins • Bühler • John Bean Technologies Corporation • Allied Bakery Equipment • Gemini Bakery Equipment • Global Bakery Solutions • Anko Food Machine • Rheon Automatic Machinery • Markel Food Group • Erica Record LLC • GEA Group AG • Bimbo Bakeries
List of the Regions/Countries Profiled in the Market Include:
North America • US • Canada • Mexico Europe • Germany • U.K • Italy • France • Spain • Rest of Europe Asia Pacific • China • Japan • India • Australia • New Zealand • Rest of Asia Pacific Middle East • Saudi Arabia • UAE • Rest of Middle East Latin America • Argentina • Brazil • Rest of Latin America Rest of the World (RoW) • South Africa • Others
1 Market Outline
1.1 Definition
1.2 Market Segmentation & Scope
1.3 Market Trends
1.4 Regulatory Factors
1.5 Product Analysis
1.6 Application Analysis
1.7 End User Analysis
1.8 Strategic Benchmarking
1.9 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source
3.1 Methodology/Research Approach
3.1.1 Research Programs/Design
3.1.2 Market Size Estimation
3.2 Data Source and Assumptions
3.2.1 Purchased Database
3.2.2 Company Repository
3.2.3 Secondary Sources
3.2.4 Primary Research
3.2.5 List of Assumptions
4 Market Overview
4.1 Current Trends
4.1.1 Investments in Technological Advancements
4.1.2 Increasing Number of Food Production Facilities