Equipment used in bakeries for preparing dough is frequently used to make a variety of baked items. These devices, which include proofers, molders, mixers, ovens, freezers, retarders, piston filling injectors, dividers, and sheeters, help with various duties to make baking easier. For instance, mixers are necessary for quickly and easily mixing a homogenous cake or brownie batter, which helps to cut down on preparation time. Molders and sheeters are helpful in giving baked foods a specific form or style, while proofers help by providing the prepared dough with the ideal humidity level.
The market worth of bakery processing equipment in 2021 was USD 13.02 billion and will be worth USD 21.82 billion by 2030 at a 5.91% CAGR during 2021-2030.
Convenience, affordability, health benefits, and rising consumer desire for fortified baked goods with lower fat, sugar, and calorie content are all factors that contribute to the market growth for baked goods. Additionally, bakery goods are now sold as ready-to-eat items and are more widely available to people of all ages. The need for bakery processing equipment consequently rises due to increasing bakery product consumption and the growth of the bakery processing industry.
Drivers
Due to their portability and long shelf lives, the need for packaged food items such as ready-to-eat food, frozen meals, and snack foods will increase over the forecast period, accelerating demand for bakery processing equipment. Customers’ changing lifestyles have driven food manufacturing enterprises to introduce their cutting-edge items to the market.
The market is primarily overseen by a range of standards, certifications, and regulations established by various organizations like the Food and Drug Administration (FDA) and applicable national administrations. Since expanding urban development and a growing population’s demand for bakery items have aided in the market’s rise, new competitors are looking for major openings in the global market for bakery processing equipment.
Restraints
One of the biggest challenges bakeries face in the ongoing management of their businesses is the rise in energy expenses. The processing area of a bakery uses a variety of equipment, including homogenizers, heaters, chillers, and ovens, which use excessive energy and electricity. Automated technology is advantageous, but it also requires a constant electrical supply for proper operation, which increases energy costs.
Opportunities
The market for bakery processing equipment will see profitable growth prospects due to the rise in demand for new goods such as frozen bakery items, rising investments in technical development, and the advancement of production facilities.
Market Segmentation
Product Insights
The market segments on the basis of the product are mixers, sheeters & molders, ovens & proofers, and others.
In 2020, ovens and proofers contributed to the largest market, with 34.2% of the revenue share due to their widespread use in baking and the increasing demand for baked goods. In addition, the advent of low-energy consumption ovens will drive the market.
Additionally, dough sheeters have adjustable speeds so that various operation rates can be adjusted to various made dough types. Although dough sheeters cost a little more than other commercial kitchen equipment, they will rise significantly over the next few years.
Application Insights
On the basis of application, the market for bakery processing equipment is segmented into pizza crusts, bread, cookies & biscuits, cakes & pastries, and others.
With a 35.0% market share in 2020, the bread application segment ruled the entire market. This is a result of the strong demand for bread in North America and Europe due to local customers’ dietary preferences. Additionally, the market is driven by the increased demand for bread in the formerly traditional economies, including China and India.
Regional Insights
In 2020, Asia Pacific recorded a maximum market share of 37.1% regionally. The Asia Pacific bakery processing equipment market is growing because the majority of the younger generation prefers processed food products, there is a burgeoning middle class with increasing purchasing power, health awareness is increasing, and more international investors are becoming interested in the region.
Positive growth prospects in China will result from expanding industrialization, infrastructural improvement, and greater investments in the food and beverage industry. China’s economy benefits greatly from the food and beverage sector. The growth of the market for bakery processing equipment will be driven by rising GDP contribution from the industrial and food & beverage industries.
Key Players
- Markel Food Group
- Ali Group S.r.l.
- JBT Corporation
- Koenig Maschinen GmbH
- Heat & Control, Inc.
- Bühler AG
- Anko Food Machine Co., Ltd.
- The Middleby Corporation.
- Baker Perkins Limited
- GEA Group Aktiengesellschaft
The market worth of bakery processing equipment in 2021 was USD 13.02 billion and will be worth USD 21.82 billion by 2030 at a 5.91% CAGR during 2021-2030. Increased demand for packaged foods, such as frozen foods, snack foods, and ready-to-eat food products, as well as changing customer lifestyles, will propel the expansion of the bakery processing equipment market share. Furthermore, the market will see growth prospects due to expansion in the retail food industry and an increase in Quick-service restaurants (QSRs) and in-store bakeries.
