Bakery Processing Equipment Market to Exhibit a Remarkable Development of USD 169.22 Billion by 2030
Market Outlook
According to Future Market Consulting analysis, Global Bakery Processing Equipment Market size was valued at USD 27.45 Billion in 2021 and is projected to reach USD 169.22 Billion by 2030, growing at a CAGR of 21.04 % from 2022 to 2030.
Due to rising labor and energy costs as well as rising prices for food ingredients' raw materials, bakeries are increasingly concentrating on improving their production efficiency. This is anticipated to increase demand for highly automated bakery processing equipment that guarantees increased effectiveness and minimal food component waste. By reducing the amount of physical labor needed and increasing the equipment's flexibility, which makes it easier to accommodate quick adjustments to the product, equipment automation increases throughput rate. Automation guarantees little to no human involvement, which helps to lower wage costs. Consequently, it is anticipated that over the ensuing years, desire for computerized bakery processing machinery will increase.
Over an extended period of time, this strategic integration helps the bakery businesses overcome challenges like rising prices of raw materials and logistics. Additionally, as a result of an increase in the number of baking schools, bakers are becoming more conscious of how to operate modernized bakery processing machinery, which has increased the demand for high-quality, customized bakery processing equipment. The market for processing equipment is anticipated to increase due to the beverage and food industry's rapid growth. The market for bakery processing equipment is likely to expand as consumers consume more frozen meals, baked goods, and candy.
The growing population and rising demand for processed foodstuffs are expected to be the main drivers of demand for bakery processing facilities. The market for bakery processing equipment is expected to grow as a result of rising customer inclinations for elevated goods, ongoing product improvements, and tightened government food regulations. It is anticipated that manufacturers will increase their production capabilities in response to the rising demand for packaged and fast food, which will boost sales for processed food over the course of the forecast period. Additionally, it is anticipated that the popularity of advertisements featuring appealing imagery and the accessibility of a wide range of variety flavors in processed food will increase demand for processed food, in turn boosting demands on bakery processing equipment.
Key Players
- Ali Group S.r.l.
- Baker Perkins Limited
- Bühler AG
- GEA Group Aktiengesellschaft
- The Middleby Corporation
- JBT Corporation
- Anko Food Machine Co., Ltd.
- Markel Food Group
- Koenig Maschinen GmbH
- Heat & Control, Inc.
Segmentation
By Product Type
- Mixers
- Ovens & Proofers
- Slicers & Dividers
- Sheeters & Molders
- Depositors & Pan Greasers
- Fillers & Injectors
- Sprayers & Fryers
- Coolers & Chillers
- Other Products
By Mode of Operation
- Automatic
- Semi-Automatic
By Function
- Mixing
- Extrusion
- Baking
- Enrobing
- Molding
- Cooling
- Weighing
- Other Functions
By End User
- Bakery Processing Industry
- Food Service Industry
By Region
North America
- S.
- Canada
- Mexico
Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
South America
- Brazil
- Argentina
- Rest of South America