Bakery Processing Equipment Market - 2023-2030

Bakery Processing Equipment Market - 2023-2030

Global Bakery Processing Equipment Market reached US$ 13.87 billion in 2022 and is expected to reach US$ 22.95 billion by 2030, growing with a CAGR of 6.5% during the forecast period 2023-2030.

The growing popularity of packaged bakery products globally drives the demand for bakery processing equipment. Foodservice and bakery processing industries had a greater need for such processing equipment for multiple applications. Rising disposable incomes and the purchasing power of people increased the demand for various types of bakery products, such as pizza, cakes, and biscuits.

The growing popularity of processed bakery snacks increases the demand for bakery processing equipment. The various types of equipment are used for specific functions in the end-user sectors. All processed bakery products need well-established equipment support, from the weighing of raw material to the packaging of the finished product. With the increased demand for the equipment in various ranges of applications, the market is reaching a significant share of the overall market during the period.

The advanced bakery processing equipment helps accelerate the market growth. Ongoing developments in the bakery processing equipment industry to improve the performance and versatility of the equipment help expand the market demand. Increasing demand for flexible and customized equipment for the production of desired bakery products positively impacts the expansion of the global market.

Dynamics

Rising Demand for Bakery Products

Changes in consumer preference towards bakery products positively drive market growth. Bakery products like cakes, pastries, and biscuits are consumed daily on a higher basis. The growing working population and hectic lifestyles result in taking up processed bakery products that are convenient and ready to eat.

The increasing health consciousness among people drives the market for healthy bakery products. High-quality and healthy bakery products made from various nutritious ingredients drive the need for better processing equipment for better bakery product production. The increase in demand for bakery products increases the number of bakery processing units drives the market growth.

The number of opportunities for laborers is growing in the bakery processing industry indicating the growth of the number of bakery processing companies. For instance, according to the U.S. Bureau of Labor Statistics, the employment of bakers is expected to rise with a 5% growth rate from 2022 to 2032.

Use of Advanced Technology in Bakery Processing Equipment

The incorporation of automation and robotics technologies into the bakery processing equipment highly increases the demand for bakery products. The automation of the bakery processing equipment is highly important for high productivity and better-quality product development. The introduction of automation helps reduce labor costs.

The fully automated processing equipment enhances the product efficiency and quality of the product. Processing equipment manufacturers are focusing on developing new-generation bakery processing machinery to speed up the processing steps and increase the efficiency of the process. The launch of energy-efficient and eco-friendly processing equipment used in the processing of bakery products boosted the market expansion.

Various new products were introduced at the Internationale Backerei-Ausstellung, one of the world’s largest trade fairs for bakery snacks and confectionery businesses. The products with the latest innovations such as Sustainable Oven Solutions by AMF, Bread Roll Line and Scoring System by Koenig, Thermal Profiler by ECD, and others were displayed in October 2023.

The products are incorporated with beneficial characteristics making them more new and innovative products in the market. For instance, AMF Sustainable Oven Service enables superior process control and higher energy efficiency with more consistent results. The use of advanced technology in the bakery processing equipment helps in the easy and smooth use of products at the conventional level driving market growth.

High Costs of the Bakery Processing Equipment

Processing equipment is available in semi-automatic and automatic forms. The higher the advanced technology used, the greater the equipment costs. Establishing the equipment can be a great hurdle for small-scale processing companies due to their higher initial investments and installation costs. Apart from the higher initial costs, the bakery processing equipment needs significant operational costs.

The highly sophisticated processing machinery needs many skilled workers for its soft functioning. The machinery used in the bakery processing industries needs to be standardized regularly. The high maintenance costs & and initial costs result in increased production costs of processed bakery products from the manufacturers. Further, the lack of infrastructure support and high energy consumption of these equipment in the bakery processing hamper the market growth.

Segment Analysisn

The global bakery processing equipment market is segmented based on type, function, mode of operation, price range, application, end-user and region.

High Efficiency of Fully Automatic Equipment

The global bakery processing equipment is segmented based on their mode of operation into manual, semi-automatic, and fully automatic. The fully automatic segment is reaching heights due to their contribution to the higher production rates. Fully automatic operations of the food processing make the production with improved quality and safety parameters.

The introduction of new automation technologies like Artificial Intelligence and loT into the bakery processing field helps in increasing the market growth. Many manufacturers are introducing automatic machines for use in food processing industries and bakery shops. For instance, in November 2022, Zion Bakery Machines introduced a fully automatic gas deck oven, which increases production efficiency.

Geographical Penetration

Rising Demand for Bakery Products

Asia-Pacific has the largest share of the global bakery equipment market. The region has high population-holding countries like India and China that are subjected to rapid urbanization. The high population rates of this region welcome diverse food habits. Higher adoption of Western food products in their diet increases the demand for bakery products.

The increasing working population and busy lifestyles give rise to processed food products that are convenient and ready to eat. Consumers are actively adopting processed bakery products, which increases the demand for processing equipment. According to the USDA Foreign Agricultural Service 2021, China’s bakery sector is rising with increasing retail baked product sales.

The region has wide investments in the field of improving food manufacturing equipment. The rising investments and technological advancements boost the market for bakery processing equipment. The Asia-Pacific region has several major bakery markets. Most companies are attempting to expand their product line by introducing new and innovative processed bakery products. The adoption of highly advanced and automated equipment by bakery processing companies positively drives this region's market growth.

Competitive Landscape

The major global players in the market include GEA Group AG, Rheon Automatic Machinery Co. Ltd., Ali Group, Baker Perkins, Markel Food Group, Anko Food Machine Co., Ltd., JBT Corporation, The Middleby Corporation, Heat and Control Inc. and Erika Record LLC.

COVID-19 Impact Analysis

The outbreak of the COVID-19 pandemic moderately impacted the global bakery processing equipment market. The government introduced lockdown conditions to control the spread of deadly diseases. The implementation of strict regulations during the lockdown halted the production of various bakery products. The scarcity of raw materials and labor decreased production in the processing sector.

The reduced production decreased the use of bakery processing equipment. The halt in using this equipment in small and large-scale bakery processing companies reduced their demand, negatively affecting the market in the initial periods. Most of the bakeries and food service sectors were shut down, and as a result, equipment usage declined during the pandemic.

With the gradual lift of lockdowns, governments granted permissions for the food processing and food service industry to continue their production by following all the necessary rules and regulations, raising the sales of bakery products. The demand for processed bakery products increased the demand for bakery processing equipment. The usage of e-commerce development and bakery product availability on the online portal positively grew baked products during the pandemic.

Russia- Ukraine War Impact

The Russia-Ukraine war had a negative impact on every field of the food industry, including the bakery and bakery processing equipment market. The war created a decline in import and export transactions. It is noted that there was a 10% reduction in wheat exports due to the war. The Russia-Ukraine war resulted in the overall price rise of various sectors. Reduced raw material availability and other resources and high prices badly impacted the bakery production, affecting the market growth.

Ukraine exports various products to global destinations, including machinery and equipment. About 7.4% of machinery and equipment are exported from Ukraine to China and Germany. According to the University of Florida, Ukraine and Russia hold around 28% of the global wheat exports. The EU being one of the major markets for bakery products, needs more energy for the equipment running.

By Type
● Mixers
● Dough Feeding Systems
● Ovens & Proofers
● Slicers & Dividers
● Sheeters & Molders
● Depositors & Pan Greasers
● Freezers and Coolers
● Others

By Function
● Ingredients Handling
● Mixing
● Extrusion
● Baking
● Enrobing
● Molding
● Cooling
● Weighing and Packing
● Others

By Mode of Operation
● Manual
● Semi-Automatic
● Fully Automatic

By Price Range
● Low-End Equipment
● Mid-Range Equipment
● High-End Equipment

By Application
● Bread
● Cookies & Biscuits
● Cakes & Pastries
● Pizza Crusts
● Donuts and Oretzel
● Others

By End-User
● Foodservice Industry
● Bakery Processing Industry
● Retail and Wholesale Bakeries
● Baked Snacks Industry
● Pilot Plants
● Others

By Region
● North America
U.S.
Canada
Mexico
● Europe
Germany
UK
France
Italy
Russia
Rest of Europe
● South America
Brazil
Argentina
Rest of South America
● Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
● Middle East and Africa

Key Developments
● In August 2023, one of the leading oven and baking technology manufacturers, DEBAG, announced its presentation at Iba 2023. The tech innovation presentation holds several new baking technology products that help invest less time and money at the bakeries.
● In May 2023, Macatherm, an expert in the pastry and baking industrial sector, introduced the M-DAN oven for the precise baking of pastry and other delicate products, prioritizing food safety and hygiene.
● In August 2022, Koenig announced the introduction of a new Rex machine at IBIE 2022. It incorporates I-Rex Compact EC Divider and Rounder, with easy to clean design.

Why Purchase the Report?
● To visualize the global bakery processing equipment market segmentation based on type, function, mode of operation, price range, application, end-user and region, as well as understand key commercial assets and players.
● Identify commercial opportunities by analyzing trends and co-development.
● Excel data sheet with numerous data points of bakery processing equipment market-level with all segments.
● PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
● Product mapping available as excel consisting of key products of all the major players.

The global bakery processing equipment market report would provide approximately 85 tables, 104 figures, and 245 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies