Baking is a method of cooking food that uses prolonged dry heat, normally in an oven, but also in hot ashes, or on hot stones. Bakery equipment is necessary for the processing and handling of bakery products. Demand for bread, from it being the choicest bakery product across the globe, is rising at a sluggish rate in mature markets, as consumers increasingly prefer packaged lunch food and healthy breakfast options.
According to the Processing and Packaging Machinery Association (England), the term “bakery equipment” covers a large spectrum of equipment and includes ovens, mixers, molders, bread slicers, depositors, dividers, doughnut equipment, and others.
The global bakery industry is transforming at a rapid pace. This, in turn, is augmenting the global bakery processing equipment market. The bakery processing equipment market is projected to grow gradually by 2025 from 2014.
The global bakery processing equipment market is segmented on the basis of Equipment type, Application, and region.
On the basis of equipment type, the global bakery processing equipment market is classified into Mixers, Ovens & proofers, Dividers, Sheeters & molders, and the other bakery processing equipment (glazing machines, icing machines, enrobing machines, depositors, greasers & sprayers, loaders & unloaders, and conveyors). “Ovens and proofers bakery processing equipment”, among the other equipment type, accounted for the largest market share in 2014. The “sheeters & molders bakery processing equipment” have been projected to lead the market in terms of value and is projected to grow gradually at a comparatively higher CAGR with maximum shares. Small-scale players have adopted new product development strategy for sheeters & molders to expand their businesses, globally, by investing in the development of R&D sectors to create and launch various new advanced products of this segment in the market.
On the basis of application, the global bakery processing equipment market is classified into Bread, cookies & biscuits, cakes & pastries, pizza crusts, and the other bakery products (croissants, donuts, and pretzels). Bread is the most widely used application of bakery processing equipment product globally. In terms of value, the market of bakery processing equipment for bread application accounted for the largest share in 2014. The pizza crust application of bakery processing equipment is expected to grow gradually at a comparatively higher CAGR due to the increasing consumption of pizza as a preferred snack by customers worldwide.
Geographically, the global bakery processing equipment market is classified into North America, Europe, Asia Pacific, Latin America, and Rest of the World. The North American region is expected to be the fastest growing market with investments from several multinational manufacturers, especially in countries such as the U.S. and Canada. Asia Pacific accounts for the largest market share for bakery processing equipment; followed by Europe and North America. The market is driven by increasing demand of bakery processed food products in emerging and developing countries including India, China, Indonesia, and Thailand.
In Asia Pacific region, China accounts for the largest market share in bakery food processing equipment. In North America, the U.S. accounts for the largest market share in bakery food processing equipment. Growing awareness level regarding new food products, rising economy, investment on research and development over bakery food processing equipment are some of key reasons that drive the bakery food processing market in European region.
The key players are as follows:
Anko Food Machine Company Limited, Atlas Pacific Engineering Company Incorporated, Berkshire Hathaway Incorporated, Bettcher Industries Incorporated, Bibun Engineering, BMA Group, Bongard, Briggs of Burton plc, Bucher Industries AG, GEA Group AG, Hosokawa Micron Corporation, JBT FoodTech, Marelhf, Mecatherm SA, Meyer Industries Incorporated, Nichimo Company Limited
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