The 2023-2028 World Outlook for Bakery Processing Equipment
This study covers the world outlook for bakery processing equipment across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.
In this report we define the sales of bakery processing equipment as including all commonly understood products falling within this broad category, such as hardware, software, and support service components and upstream, midstream, and downstream computer operations, irrespective of product packaging, formulation, size, or form. Companies participating in this industry include Aasted, Alfa Laval, Ali Group, Allied Bakery Equipment, Anko Food Machine, Aryzta, Baker Perkins, Bettcher Industries, Bimbo Bakeries, Bongard, Breville Group, Briggs of Burton, Bühler, Buhler, Candy Worx, ConAgra Foods, Erica Record, LLC, ERIKA RECORD, LLC, EUROASIA FOOD EQUIPMENT Sdn Bhd, Flowers Foods, FRANZ FAMILY Bakeries, FRITSCH, GEA Group, Gemini Bakery Equipment, General Mills, Global Bakery Solutions, GOSTOL-GOPAN d.o.o. Nova Gorica, Heat and Control, JBT, John Bean Technologies, Kellogg Company, LINXIS GROUP, Markel, MECATHERM, Meyer Industries, Middleby, Mondelez International, Nestlé, Nichimo Company, Paul Mueller Company, PepsiCo, Post Holdings, Precision Food Innovations (PFI), Rheon Automatic Machinery, RICH Products, Robert Bosch GmbH, Silvestri S.r.l., Sinmag Equipment, SNYDERS-LANCE, The Henry Group, Inc., Welbilt, and Yoslon FOOD MACHINE UNION Company, Ltd.. In addition to the sources indicated, additional information available to the public via news and/or press releases published by players in the industry was considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and are not adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant in the future at the current level (the average of the year of this publication's release in 2022).
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