Global Bakery Processing Equipment Market 2020 (Includes Business Impact of COVID-19)

                                          
“Global Bakery Processing Equipment Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global bakery processing equipment market report has been segmented on the basis of product type, application, end user, and region.

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Global Bakery Processing Equipment Market: Overview

Bakery processing equipment are used for baking purpose of bakery products such as cookies, pancakes, crumpets, buns, pizza crusts, etc. There are various equipments such as slicers & dividers, mixers, ovens and proofers, pan greasers, depositors and others. These processing equipments are widely used in foodservice and bakery processing industries.

Global Bakery Processing Equipment Market: Dynamics

Rapid urbanization, growing workforce, busy lifestyle, high spending capacity coupled with increasing consumption of fast foods such as pizzas, sandwiches, burgers, and others in developed and developing countries are major factors expected to drive growth of the global bakery processing equipment market. Growing demand premium and organic products without trans fats, artificial colors or flavors, preservatives, and high-fructose corn syrup, owing to increasing prevalence of heart-related diseases, diabetes, obesity concern, is another factor projected to support revenue growth of the target market to a certain extent. Additionally, increasing preference for ready-to-eat and convenience food products, rising demand for fresh bakery products such as muffins, rolls, scones, teacakes, croissants, bagels, etc. across the globe, owing to health benefits are other factors expected to fuel the growth of target market.

However, high maintenance cost, stringent regulations imposed by governments and need for strict adherence to international quality standards owing to fouling and scaling of equipment are major factors which may hamper growth of the target market to certain extent.

Growing inclination towards westernization and changing eating habits among consumers across the globe and increasing investment for R&D activities in bakery processing equipments are factors expected to create lucrative revenue opportunities for manufacturers operating in the target market.

Global Bakery Processing Equipment Market: Segment Analysis

Among product type segments, the ovens & proofers segment is expected to account for significant revenue share and projected to grow at a faster rate in the target market in the next 10 years. This is attributable to increasing adoption of ovens for baking and heating purpose in bakery industry.

Among application segments, the cookies & biscuits segment is expected to account for significant revenue growth in the potential market in the years to come.

Among end user segments, the bakery processing industry segment is expected to account for highest growth in terms of revenue and projected to register fastest growth rate in the potential market in the years to come. This can be attributed to increasing demand for bakery products such as breads, cakes, pastries, and others in developed and developing countries.

Global Bakery Processing Equipment Market: Regional Analysis

The market in Europe is estimated to account for significant revenue share contribution, and expected to dominate in the global bakery processing equipment market. This dominance is attributable to hectic lifestyle, increasing disposable income, and growing preference and consumption of bakery products as staple food in the region. The North America bakery processing equipment market is projected to register considerable revenue share in the target market, owing to rising preference for fast foods and other bakery food products among consumers, especially among the younger members of society. The Asia Pacific market is projected to grow at a rapid rate in the next 10 years, owing to shifting trend towards westernization, hectic work culture, growing urbanization, and increasing spending capacity in various countries such as China and India.

Global Bakery Processing Equipment Market Segmentation:

Segmentation on the Basis of Product Type:

Mixers
Ovens & Proofers
Slicers & Dividers
Sheeters & Molders
Others (Glazing and Icing Machines, etc.)

Segmentation on the Basis of Application:

Bread
Cakes & Pastries
Cookies & Biscuits
Pizza Crusts
Other Bakery Products (Croissants, Donuts, and Pretzels)

Segmentation on the Basis of End User:

Foodservice Industry
Bakery Processing Industry