Bakery Processing Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Bakery Processing Equipment Market
The bakery processing equipment market size was valued at USD 14.71 billion in 2023, and the market is now projected to grow from USD 15.54 billion in 2024 to USD 25.67 billion by 2032, exhibiting a CAGR of 6.5% during the forecast period of 2024-2032.
Pandemic notably impacted global industries, particularly the bakery region. Trade temporarily halted, and patron needs grew due to inactive lifestyles. The call for more bakery types led to revenue growth, whilst labor shortages and excessive wages maintained the demand for automated bakery gadget inside the production industries.
The worldwide bakery enterprise is experiencing extended research and technological improvements, leading to a focal point on energy-efficient and fee-enhancement equipment. Manufacturers are also adjusting their techniques to fulfill consumer needs, growing product range in supermarkets and purchasing structures. Despite hard work shortages, investments in automation, R&D, and advertising techniques have boosted bakery meals demand. The developing call for bakery merchandise will accelerate production and processing device demand inside the industry.
The evolution of bakery merchandise has led to marketplace boom, enabling artisan bakers and packaged bakery producers to improve their centers. Post-pandemic, net penetration and work from home culture have facilitated the enterprise's integration or improve. Consumer demand for brand new bakery product types and investment in research-centered system have pushed boom in revenue. Players also are introducing equipment for confectionery and wholesome merchandise, ensuing in significant revenue for the bakery industry. The sturdy increase of advanced skills-enabled equipment triggers bakery processing equipment market growth.
Comprehensive Analysis of Bakery Processing Equipment Market
The bakery equipment market is divided into various segments, with gas-based and electric ovens being the most popular. Government policies to reduce carbon emissions and greenhouse gases have prompted bakers to adopt innovations to reduce operation costs and energy waste. The market is divided into automatic and semi-automatic modes, with automation being a primary adoption factor due to flexibility, modularity, and labor reduction. Rising production capacity and shifting product elasticity with consumer sentiments are also driving the demand for semi-automatic equipment. The market is divided into bread, cakes, pastries, cookies, biscuits, pizza crust, and others. The COVID-19 pandemic has increased consumer dependence on gadgets and applications, with online platforms and ready-to-baked goods creating multiple options. Artisan bakery products, such as bread, hold a major share in the market. End-users include retail bakeries, hotels and restaurants, pilot plants, and low capacity processors. Fresh artisan bakeries, such as croissants, have shown positive demand and maintained profit margins in 2021.
The Asia Pacific region lead the bakery processing equipment market share by benefitting a market size of USD 5.11 billion in 2023 due to rising call for confectionery and Western-fashion rapid meals. Factors like business adoption of linked devices and government regulations are driving growth in the food processing quarter. Indian players like Kelloggs and ITC are increasing their portfolio with vegan and wholesome bakery goods. China is predicted to be the dominant sector, pushed by investments, capability expansions, automation, and call for bakery and ready-to-eat products. New automation technology, which include Artificial Intelligence-based totally software solutions, IoT, and robotics, is anticipated to lessen operational charges and extensively enlarge the global market.
Key players are increasing their product portfolio thru product launches and acquisitions, and investing heavily in R&D to expand new products. For instance, Schenck received Baker Perkins to bolster its international presence. These techniques are anticipated to fuel market growth for the duration of the forecast period. Key players include Bühler Group, GEA Group Aktiengesellschaft, Middleby Corporation, JBT Corporation, Ali Group S.R.L. A Socio Unico, Illinois Tool Works Inc., Markel Corporation, Heat and, RHEON Automatic Machinery, and Schenck Process Holding GmbH.
AMF Bakery Systems (AMF), a manufacturer of computerized excessive-pace food processing solutions,
shared plans to showcase its new sustainable baking improvements at iba. These technologies allow bakeries to gain the highest pleasant effects at the same time as decreasing the carbon footprint of their operations.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2019-2032
Base Year
2023
Estimated Year
2024
Forecast Period
2024-2032
Growth Rate
CAGR of 6.5% over 2024 to 2032
Historical Period
2019-2022
Unit
Value (USD Billion)
Segmentation
By Product Type
Mixers
Ovens and Proofers
- Gas-based Ovens
- Electric-based Ovens
Sheeters and Molders
Divider
Others (Bread Slicers)
By Application
Bread
Cakes and Pastries
Cookies and Biscuits
Pizza Crust
Others (Breadcrumbs)
By Mode of Operation
Semi-automatic
Automatic
By End-user
Bakeries
- Retail Bakery
- Artisan Bakery
- Others (Freelance Bakery)
Hotels & Restaurants
Pilot Plants
Low Capacity Processors
By Region
North America (Product Type, Application, Mode of Operation, End-user, Country)
- U.S. (By Application)
- Canada (By Application)
- Mexico (By Application)
Europe (Product Type, Application, Mode of Operation, End-user, Country)
- Germany (By Application)
- France (By Application)
- U.K. (By Application)
- Italy (By Application)
- Rest of Europe
Asia Pacific (Product Type, Application, Mode of Operation, End-user, Country)
- China (By Application)
- Japan (By Application)
- India (By Application)
- South Korea (By Application)
- Rest of Asia Pacific
Middle East & Africa (Product Type, Application, Mode of Operation, End-user, Country)
- GCC (By Application)
- South Africa (By Application)
- Rest of Middle East & Africa
South America (Product Type, Application, Mode of Operation, End-user, Country)
- Brazil (By Application)
- Argentina (By Application)
- Rest of Latin America
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