NEW YORK, Feb. 14, 2022 /PRNewswire/ -- The industrial bakery ovens market size is set to grow by USD 267.98 mn from 2020 to 2025, according to Technavio. The growth momentum of the market will accelerate at a CAGR of 2.99%.
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The report also covers the following areas:
The industrial bakery ovens market is fragmented, and the degree of fragmentation will accelerate during the forecast period. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Factors such as rise in demand for high-quality bakery products, increasing expansion of bakery processing plants, and manufacturing bakery ovens in compliance with industry standards will offer immense growth opportunities. However, the high energy consumption of industrial bakery ovens will hamper the market growth.
Industrial Bakery Ovens Market 2021-2025: Segmentation
By product, the industrial bakery ovens market has been segmented into tunnel ovens and others. The tunnel ovens segment is expected to have significant market share growth during the forecast period. Tunnel ovens have perforated-pipe gas burners that are distributed along the length of the oven. They have long conveyors that carry dough pieces throughout the length of the oven. These ovens enable even distribution of heat throughout the baking process and have the flexibility of using fuel or electricity for operation. High lifetime makes industrial bakery tunnel ovens an effective investment. This could act as a key driver for increasing the demand for industrial bakery tunnel ovens during the forecast period.
By geography, the industrial bakery ovens market has been segmented into Europe, North America, APAC, MEA, and South America. APAC is expected to have the highest market share growth during the forecast period.
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Industrial Bakery Ovens Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Some of the major vendors of the industrial bakery ovens market include Aasted ApS, Ali Group Srl, Buhler AG, C.H. Babb Co. Inc., CS aerotherm Pvt. Ltd., J4 sro, MECATHERM SAS, Schenck Process Holding GmbH, The Lanly Co., and The Middleby Corp. The key offerings of some of these vendors are listed below:
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Industrial Bakery Ovens Market 2021-2025: Key Highlights
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Industrial Bakery Ovens Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.99% |
Market growth 2021-2025 |
USD 267.98 million |
Market structure |
Fragmented |
YoY growth (%) |
2.44 |
Regional analysis |
Europe, North America, APAC, MEA, and South America |
Performing market contribution |
APAC at 40% |
Key consumer countries |
US, China, UK, Italy, and Japan |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Aasted ApS, Ali Group Srl, Buhler AG, C.H. Babb Co. Inc., CS aerotherm Pvt. Ltd., J4 sro, MECATHERM SAS, Schenck Process Holding GmbH, The Lanly Co., and The Middleby Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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