Bakery Processing Equipment Market Is Projected To Rise At 6.2% CAGR Between 2023 And 2033

Coronary Stents Market

The global bakery processing equipment market size is expected to grow from US$ 11.5 Bn in 2023 to US$ 21 Bn in 2033, with overall sales accelerating at 6.2% CAGR between 2022 and 2033.

Increasing consumption of baked products across the world due to rapidly growing population, changing lifestyles, and increasing disposable income is providing a major impetus to the growth of bakery processing equipment market and the trend is likely to continue during the forecast period.

Today, people are showing a keen inclination toward purchasing bakery products such as biscuits, cakes, and breads due to their health benefits and extended shelf life. This in turn is prompting manufacturers to employ advanced processing machinery to increase their production.

Similarly, advancements in bakery processing technologies coupled with introduction of cost-effective products by key players will boost the market during the next ten years.

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Bakery ovens remain the top selling product type category in the market. This is due to the rising adoption of various types of bakery ovens by manufacturing companies globally.

According to the Market Research analysis, GEA Group, Buhler, JBT Corporation, The Middleby Corporation, Heat and Control, Inc., Rheon Automatic Machinery Co., Ltd, Ali Group, Baker Perkins are identified as Key Players in the Bakery Processing Equipment market

Key Takeaways from the Bakery Processing Equipment Market Study:

  • By product type, bakery ovens segment holds the largest share of the global bakery processing equipment market.
  • Based on application, bread category remains the most remunerative segment in the global bakery processing equipment market.
  • The U.S. currently dominates the global bakery processing equipment market with around 20% of the market share.
  • The North America bakery processing equipment market is expected to grow at 6.13% CAGR between 2023 and 2033.
  • China’s bakery processing equipment market is projected to grow at a CAGR of around 8.19% over the next ten years.

“Increasing consumption of baked goods in countries such as the U.S., China, Germany, India, and the U.K will continue to fuel the demand for bakery processing equipment. Beside this, development of new age bakery processing equipment will aid in the market expansion during the next ten years,” says a lead FMI analyst.

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Who is Winning?

According to FMI, GEA Group, Buhler, JBT Corporation, The Middleby Corporation, Heat and Control, Inc., Rheon Automatic Machinery Co., Ltd, Ali Group are identified as top Players dominating the bakery processing equipment market.

Market players are continuously upgrading their product portfolios by launching new and advanced products. Besides this, they are adopting strategies such as partnerships, mergers acquisitions, and collaborations to expand their global footprint.

Get Valuable Insights into Bakery Processing Equipment Market

FMI, in its new offering, provides an unbiased analysis of the Bakery Processing Equipment market presenting historical demand data (2018-2023) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Bakery Processing Equipment based on Product Type (Bread Systems, Bread Slicers, Bakery Ovens, Bakery Mixers, Bakery Freezers, Pan Greasers), End User (Retail & Wholesale Bakeries, Food Services Industry, Supermarkets & Retailers, Baked Snacks Industry), Application (Bread, Biscuits & Cookies, Cakes & Pastries, Pizza Crusts), across seven major regions.

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Bakery Processing Equipment Market by Category

By Product Type:

  • Bread Systems
  • Bread Slicers
  • Bakery Mixers
  • Bakery Ovens
  • Pan Greasers
  • Bakery Freezers

By End User:

  • Retail and Wholesale Bakeries
  • Food services industry
  • Supermarkets and retailers
  • Baked Snacks industry (Baked chips etc.)

By Application:

  • Bread
  • Biscuits & Cookies
  • Cakes & Pastries
  • Pizza Crusts
  • Others (Pretzels, Donuts, Pancakes etc.)

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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