Bakery Processing Equipment Market Research Report To 2026
Category: #business  By Rahul Varpe  Date: 2021-06-11
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Bakery Processing Equipment Market Research Report To 2026

The rising requirement to reduce human interference with the help of automation systems will anchor the bakery processing equipment industry forecast through the coming years. There is a consistent need to enhance the production consistency of the machines across bakery production companies. This has added impetus to the demand for automation and robotic processing equipment to improve the overall quality and cost-efficiency of the final products.

The adoption of bakery food processing equipment will be further complemented with considerable development in the number of bakery and fast-food restaurants. Expansion of consumer household incomes has resulted in an increased willingness to spend on food items. It has also led to a higher need and consumption of bakery items such as pizza, cakes, pastries, and bread.

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Estimates suggest that the global bakery processing equipment market size will reach an annual value of more than USD 11 billion by 2026.

The pizza application for the North America bakery processing equipment industry is anticipated to strike an 8% CAGR over the coming years. This can be owed to the growing consumption of pizza in large amounts, mainly by teenagers, millennials, and adults across the region. Expansion of the retail and commercial bakeries will also foster the regional equipment demand.

For instance, U.S based, The Middleby Corporation, in early 2017, acquired the Sveba Dahlen Group, a North European firm to expand its portfolio for high-quality bakery ovens, as well as baking equipment and planetary mixers.

The Asia Pacific will witness a higher penetration of bakery processing equipment and the regional industry is poised to grow at an exponential CAGR through 2026. This can be attributed to the developing tourism sector in the region that has driven the demand for bread items like buns, pita bread, pizza base, and flatbread, as well as cakes and pastries.

The higher intake of these products along with fast food has pushed the development of various local as well as international restaurants and bakeries. For instance, there were over 1,300 Domino’s stores across 282 cities in India in 2019, and the number likely to grow over the next few years. Furthermore, the increasing influence of western culture on the Asia Pacific will boost the prospects for bakery processing machinery across the region.

Providers of bakery food processing equipment are focusing on marketing strategies like partnerships and acquisitions to extend their offerings across the untapped regions in the world while increasing their market presence. They are also coming up with innovative models for advanced bakery equipment that have added features to gain a positive edge over their competitors. For instance, Heat and Control partnered with Ishida Co., Ltd, a Japanese firm to render bakery processing and packaging solutions to their customers who are setting-up factories.

GEA Group, Rheon Automatic Machinery Co. Ltd., John Bean Technologies Corporation, Markel Ventures, Inc, Aktiengesellschaft, and Ali Group S.r.l. a Socio Unico are some of the other global participants in the business.

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The outbreak of the current COVID-19 pandemic and the regulation of temporary lockdowns by the government bodies resulted in the shutdown of production facilities. This brought a halt in the manufacturing operations as a result of limited labor. The slow and negligible trade activities in the peak months disrupted the supply chain, further negatively impacting the sales for the bakery processing equipment manufacturers. However, with the gradual resumption of all businesses and the cooling down of the lockdown scenarios, the industry, and its operations will now pick up speed.

ToC:

Chapter 3   Industry Insights

3.1    Industry segmentation

3.2    Impact of COVID-19 on bakery processing equipment industry landscape

3.2.1    Global outlook

3.2.2    Regional impact

3.2.2.1    North America

3.2.2.2    Europe

3.2.2.3    Asia Pacific

3.2.2.4    Latin America

3.2.2.5    MEA

3.2.3    Industry value chain

3.2.3.1    Research & development

3.2.3.2    Manufacturing

3.2.3.3    Marketing

3.2.3.4    Supply

3.2.4    Competitive landscape

3.2.4.1    Strategy

3.2.4.2    Distribution network

3.2.4.3    Business growth

3.3    Industry ecosystem analysis

3.3.1    Component suppliers

3.3.2    Technology providers

3.3.3    Manufacturers

3.3.4    End use landscape

3.3.5    Distribution channel analysis

3.3.6    Vendor matrix

3.4    Technology & innovation landscape

3.5    Regulatory landscape

3.5.1    North America

3.5.2    Europe

3.5.3    Asia Pacific

3.5.4    Latin America

3.5.5    MEA

3.6    Industry impact forces

3.6.1    Growth drivers

3.6.1.1    Growing demand for bakery products across the globe

3.6.1.2    Rising bakery industry in America

3.6.1.3    Increasing development of energy efficient machines initiatives in the European Union

3.6.1.4    Growing demand for new bakery products in Asia Pacific

3.6.1.5    Advancement in equipment by integrating automation & robotics technologies in the bakery processing equipment

3.6.1.6    Rising presence of global food providers in the UAE and South Africa

3.6.2    Industry pitfalls & challenges

3.6.2.1    High maintenance cost

3.6.2.2    Limited awareness about the automated machines

3.7    Growth potential analysis

3.8    Porter's analysis

3.8.1    Supplier power

3.8.2    Buyer power

3.8.3    Threat of new entrants

3.8.4    Threat of substitutes

3.8.5    Internal rivalry

3.9    PESTEL analysis

Browse the complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/bakery-processing-equipment-market

Outdoor Furniture Market: https://www.marketwatch.com/press-release/206-bn-by-2026-outdoor-furniture-market-study-report-2020-2026-2021-06-11

Doors Market: https://www.marketwatch.com/press-release/global-doors-market-size-global-statistics-report-to-2027-2021-06-11

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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