Industrial bakery processing equipment market size to grow by USD 3,315.12 million between 2022 and 2027; North America to account for 31% of the market growth - Technavio

NEW YORK, March 21, 2023 /PRNewswire/ -- The industrial bakery processing equipment market size is estimated to grow by USD 3,315.12 million between 2022 and 2027, accelerating at a CAGR of 6.84% during the forecast period. North America will account for 31% of the market growth during the forecast period. The growth of the segment is driven by the introduction of new food products due to changing consumer demands and the increasing complexity of the production of food products. Such factors will increase the market growth in this region during the forecast period. For more insights on the historic data (2017 to 2021) and forecast market size (2023 to 2027) – Request a report sample

Industrial bakery processing equipment market 2023-2027: Market Dynamics

• Key Driver – The market is driven by the rise in demand for frozen bakery products. The demand for frozen food products such as frozen bread, frozen cake and pastries, frozen pizza crust, waffles, donuts, and cookies is increasing among consumers. Moreover, the changes in lifestyles and dietary habits of consumers drive the demand. Frozen food retains freshness and quality, which is increasing their preference among consumers who look for nutritious and appealing products with long shelf lives. The demand for ready-to-bake and ready-to-thaw frozen bakery products is also increasing among consumers. All these factors will drive the growth of the global industrial bakery processing market during the forecast period.

• Major Trend – The introduction of new products is a key trend in the market. Vendors in the market are focusing on new product launches to gain a competitive edge over their rivals, and making strategic alliances with other players or acquiring smaller players to expand their presence and gain access to new products. For example, in November 2020, Schenck Process Holding GmbH acquired Baker Perkins, a UK-based global provider of food processing equipment and aftermarket services for the bakery, confectionery, food extrusion, breakfast cereal, pet food and biscuit, and cookie and cracker end-markets. Such developments among vendors will positively influence the growth of the global industrial bakery processing equipment market during the forecast period.

• Market Challenge – The existing market for used and refurbished equipment is a major challenge hindering market growth. Most small-scale food manufacturers have limited capital, and hence, prefer used or refurbished equipment. Moreover, used and refurbished food processing equipment is widely available in the market at comparatively lesser prices than new products. However, such availability of used and refurbished equipment may encourage small bakery processors to buy these products. It may reduce sales of new equipment from industrial bakery processing equipment manufacturers, thereby affecting the overall growth of the market.

Industrial bakery processing equipment market 2023-2027: Segmentation

The industrial bakery processing equipment market is segmented as below:

• End-user Outlook (USD Million, 2017 - 2027) 
• Bakery processing industry
• Foodservice industry

• Product Outlook (USD Million, 2017 - 2027) 
• Ovens and proofers
• Mixers and blenders
• Sheeters and molders
• Dividers and rounders
• Others

• Region Outlook (USD Million, 2017 - 2027) 
• North America 
• The U.S.
• Canada
• South America 
• Argentina
• Brazil
• Chile
• Europe 
• The U.K.
• Germany
• France
• Rest of Europe
• APAC 
• China
• India
• Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of the Middle East & Africa

Based on the end-user, the market will witness significant growth in the bakery processing industry segment. The growth of the segment is driven by the introduction of new food products due to changing consumer demands and the increasing complexity of the production of food products. Moreover, such complexity of production is further increased by these recent product introductions, which are geared toward meeting the shifting consumer demand for taste, flavor, and nutrients. This is expected to increase demand for industrial bakery processing equipment, which can handle a range of materials and serve many purposes across the production line. Hence, such factors will positively affect the growth of the market segment during the forecast period.

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Industrial bakery processing equipment market 2023-2027: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our industrial bakery processing equipment market report covers the following areas:

• Industrial bakery processing equipment market size
• Industrial bakery processing equipment market trends
• Industrial bakery processing equipment market industry analysis

Industrial bakery processing equipment market 2023-2027: Vendor Analysis

We provide a detailed analysis of around 15 vendors operating in the power electronics market, including Ali Group Srl, Allied Bakery Equipment and Machine Co. Inc., ANKO Food Machine Co. Ltd., Buhler AG, Colom Bakery Equipment SL, Erika record LLC, FRITSCH Bakery Technologies GmbH and Co. KG, GEA Group AG, Gemini Bakery Equipment Co., Global Bakery Solutions Ltd., Heat and Control Inc., Industrial Bakery Line Srl, John Bean Technologies Corp., Koenig Maschinen GmbH, Markel Corp., Peerless Food Equipment, Rademaker BV, Schenck Process Holding GmbH, The Middleby Corp., and Wilkinson Baking Co.

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Industrial bakery processing equipment market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist industrial bakery processing equipment market growth during the next five years
• Estimation of the industrial bakery processing equipment market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the industrial bakery processing equipment market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of industrial bakery processing equipment market vendors

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• The bakery products market is forecast to increase by USD 189.32 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.4%. The market is segmented by product (bread and rolls, cakes and pastries, cookies, and others) and geography (APAC, Europe, North America, South America, and the Middle East and Africa).

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Table Of Contents :

1 Executive Summary

• 1.1 Market overview 

• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

·  2 Market Landscape

• 2.1 Market ecosystem 

• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

·  3 Market Sizing

• 3.1 Market definition 

• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 

• Exhibit 13: Market segments

• 3.3 Market size 2022 
• 3.4 Market outlook: Forecast for 2022-2027

• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

·  4 Historic Market Size

• 4.1 Global industrial bakery processing equipment market 2017 - 2021 

• Exhibit 18: Historic Market Size – Data Table on Global industrial bakery processing equipment market 2017 - 2021 ($ million)

• 4.2 End user Segment Analysis 2017 - 2021

• Exhibit 19: Historic Market Size – End user Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021

• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021

• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021

• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

·  5 Five Forces Analysis

• 5.1 Five forces summary 

• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 

• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 

• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 

• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 

• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 

• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 

• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

·  6 Market Segmentation by End-user

• 6.1 Market segments 

• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 

• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Bakery processing industry - Market size and forecast 2022-2027 

• Exhibit 34: Chart on Bakery processing industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Bakery processing industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Bakery processing industry - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Bakery processing industry - Year-over-year growth 2022-2027 (%)

• 6.4 Foodservice industry - Market size and forecast 2022-2027 

• Exhibit 38: Chart on Foodservice industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Foodservice industry - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Foodservice industry - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Foodservice industry - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by End-user 

• Exhibit 42: Market opportunity by End-user ($ million)

·  7 Market Segmentation by Product

• 7.1 Market segments 

• Exhibit 43: Chart on Product - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 

• Exhibit 45: Chart on Comparison by Product
• Exhibit 46: Data Table on Comparison by Product

• 7.3 Ovens and proofers - Market size and forecast 2022-2027 

• Exhibit 47: Chart on Ovens and proofers - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Ovens and proofers - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Ovens and proofers - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Ovens and proofers - Year-over-year growth 2022-2027 (%)

• 7.4 Mixers and blenders - Market size and forecast 2022-2027 

• Exhibit 51: Chart on Mixers and blenders - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Mixers and blenders - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Mixers and blenders - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Mixers and blenders - Year-over-year growth 2022-2027 (%)

• 7.5 Sheeters and molders - Market size and forecast 2022-2027 

• Exhibit 55: Chart on Sheeters and molders - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Sheeters and molders - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Sheeters and molders - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Sheeters and molders - Year-over-year growth 2022-2027 (%)

• 7.6 Dividers and rounders - Market size and forecast 2022-2027 

• Exhibit 59: Chart on Dividers and rounders - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Dividers and rounders - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Dividers and rounders - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Dividers and rounders - Year-over-year growth 2022-2027 (%)

• 7.7 Others - Market size and forecast 2022-2027

• Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.8 Market opportunity by Product 

• Exhibit 67: Market opportunity by Product ($ million)

·  8 Customer Landscape

• 8.1 Customer landscape overview 

• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

·  9 Geographic Landscape

• 9.1 Geographic segmentation 

• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 

• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027

• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027

• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027

• Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027

• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 

• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027

• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027

• Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Italy - Market size and forecast 2022-2027

• Exhibit 101: Chart on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027

• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027

• Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 

• Exhibit 113: Market opportunity by geography ($ million)

·  10 Drivers, Challenges, and Trends

• 10.1 Market drivers 
• 10.2 Market challenges 
• 10.3 Impact of drivers and challenges 

• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

·  11 Vendor Landscape

• 11.1 Overview 
• 11.2 Vendor landscape 

• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 

• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 

• Exhibit 117: Impact of key risks on business

·  12 Vendor Analysis

• 12.1 Vendors covered 

• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 

• Exhibit 119: Matrix on vendor position and classification

• 12.3 Allied Bakery Equipment and Machine Co. Inc.

• Exhibit 120: Allied Bakery Equipment and Machine Co. Inc. - Overview
• Exhibit 121: Allied Bakery Equipment and Machine Co. Inc. - Product / Service
• Exhibit 122: Allied Bakery Equipment and Machine Co. Inc. - Key offerings

• 12.4 ANKO Food Machine Co. Ltd. 

• Exhibit 123: ANKO Food Machine Co. Ltd. - Overview
• Exhibit 124: ANKO Food Machine Co. Ltd. - Product / Service
• Exhibit 125: ANKO Food Machine Co. Ltd. - Key offerings

• 12.5 Buhler AG 

• Exhibit 126: Buhler AG - Overview
• Exhibit 127: Buhler AG - Business segments
• Exhibit 128: Buhler AG - Key offerings
• Exhibit 129: Buhler AG - Segment focus

• 12.6 Erika record LLC 

• Exhibit 130: Erika record LLC - Overview
• Exhibit 131: Erika record LLC - Product / Service
• Exhibit 132: Erika record LLC - Key offerings

• 12.7 FRITSCH Bakery Technologies GmbH and Co. KG

• Exhibit 133: FRITSCH Bakery Technologies GmbH and Co. KG - Overview
• Exhibit 134: FRITSCH Bakery Technologies GmbH and Co. KG - Product / Service
• Exhibit 135: FRITSCH Bakery Technologies GmbH and Co. KG - Key offerings

• 12.8 GEA Group AG 

• Exhibit 136: GEA Group AG - Overview
• Exhibit 137: GEA Group AG - Business segments
• Exhibit 138: GEA Group AG - Key offerings
• Exhibit 139: GEA Group AG - Segment focus

• 12.9 Gemini Bakery Equipment Co. 

• Exhibit 140: Gemini Bakery Equipment Co. - Overview
• Exhibit 141: Gemini Bakery Equipment Co. - Product / Service
• Exhibit 142: Gemini Bakery Equipment Co. - Key offerings

• 12.10 Global Bakery Solutions Ltd. 

• Exhibit 143: Global Bakery Solutions Ltd. - Overview
• Exhibit 144: Global Bakery Solutions Ltd. - Product / Service
• Exhibit 145: Global Bakery Solutions Ltd. - Key offerings

• 12.11 Heat and Control Inc. 

• Exhibit 146: Heat and Control Inc. - Overview
• Exhibit 147: Heat and Control Inc. - Product / Service
• Exhibit 148: Heat and Control Inc. - Key offerings

• 12.12 Industrial Bakery Line Srl 

• Exhibit 149: Industrial Bakery Line Srl - Overview
• Exhibit 150: Industrial Bakery Line Srl - Product / Service
• Exhibit 151: Industrial Bakery Line Srl - Key offerings

• 12.13 John Bean Technologies Corp. 

• Exhibit 152: John Bean Technologies Corp. - Overview
• Exhibit 153: John Bean Technologies Corp. - Business segments
• Exhibit 154: John Bean Technologies Corp. - Key offerings
• Exhibit 155: John Bean Technologies Corp. - Segment focus

• 12.14 Koenig Maschinen GmbH 

• Exhibit 156: Koenig Maschinen GmbH - Overview
• Exhibit 157: Koenig Maschinen GmbH - Product / Service
• Exhibit 158: Koenig Maschinen GmbH - Key offerings

• 12.15 Markel Corp. 

• Exhibit 159: Markel Corp. - Overview
• Exhibit 160: Markel Corp. - Product / Service
• Exhibit 161: Markel Corp. - Key offerings

• 12.16 Schenck Process Holding GmbH 

• Exhibit 162: Schenck Process Holding GmbH - Overview
• Exhibit 163: Schenck Process Holding GmbH - Product / Service
• Exhibit 164: Schenck Process Holding GmbH - Key offerings

• 12.17 The Middleby Corp. 

• Exhibit 165: The Middleby Corp. - Overview
• Exhibit 166: The Middleby Corp. - Business segments
• Exhibit 167: The Middleby Corp. - Key offerings
• Exhibit 168: The Middleby Corp. - Segment focus

·  13 Appendix

• 13.1 Scope of the report 
• 13.2 Inclusions and exclusions checklist

• Exhibit 169: Inclusions checklist
• Exhibit 170: Exclusions checklist

• 13.3 Currency conversion rates for US$ 

• Exhibit 171: Currency conversion rates for US$

• 13.4 Research methodology 

• Exhibit 172: Research methodology
• Exhibit 173: Validation techniques employed for market sizing
• Exhibit 174: Information sources

• 13.5 List of abbreviations 

• Exhibit 175: List of abbreviations

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SOURCE Technavio