Bakery Processing Equipment Market: Innovations and Opportunities
The global bakery processing equipment market is experiencing a significant boost driven by a rising inclination towards convenience food and an increased demand for ready-to-eat bakery products. This trend is a result of consumers’ busy lifestyles and growing GDP per capita, which have created numerous opportunities for the convenience food sector, especially in the bakery industry. To meet this demand, bakery processing equipment is becoming increasingly vital for the production of bakery products with higher precision, efficiency, and quality.
Convenience Food Craze
Consumers today are seeking on-the-go and ready-to-eat food products that are not only delicious but also easy to consume and store for longer durations. This shift in preference from traditional food products to convenience food is expected to generate ample opportunities for the bakery processing equipment market in the coming years.
Frozen Bakery Products on the Rise
Another notable development in the bakery industry is the growing popularity of frozen bakery products. Factors such as cost-effectiveness and ease of preparation are driving the demand for these products, opening up new opportunities for bakery equipment manufacturers in the Quick Service Restaurants (QSR) space and other food chains.
Sheeters and Molders in Demand
Within the bakery processing equipment market, sheeters and molders are witnessing significant traction due to their efficient functionality and usability. The rising consumption of bakery products worldwide, such as cookies and biscuits, further fuels the demand for these essential bakery processing tools. Their ability to produce dough sheets in large quantities in less time is a key driver of their popularity.
Asia Pacific Emerges as a Growth Hub
In developing countries in the Asia Pacific region, the demand for bakery processing equipment is projected to surge in the coming years. Factors like increased investments in the food and beverage sector, growing GDP per capita, and busy lifestyles are contributing to the rising demand for bakery products, particularly snack varieties. The region offers a fertile ground for the bakery industry’s development, driven by a growing population and its demand for bakery products.
European Market Shows Promise
The European bakery processing equipment market, especially in Germany, is also poised for significant growth. The increasing production of rolls and bread in the country is a key driver. For instance, annual consumption of bakery and bread by households in Germany was 58.9 kg in 2017 and is expected to rise further.
Competitive Landscape
Key players in the bakery processing equipment market are focusing on innovation through technology, new product launches, and capacity expansion. Mergers and acquisitions are also strategic moves to gain a stronger foothold in the market. Recent examples include Rheon Automatic Machinery’s expansion in New Jersey, Heat and Control Inc.’s new manufacturing facility in Mexico, and AMF Tromp’s development of an AI-based solution for pizza production.
Other prominent players in the bakery processing equipment market include Middleby Corporation, Baker Perkins, Koenig Maschinen GmbH, Bühler Holdings AG, Markel Ventures Inc., and BVT Bakery Services B.V.
Global Industry Analysis (2018 – 2021) – Growth Trends and Market Forecast (2022 – 2029) https://www.fairfieldmarketresearch.com/report/bakery-processing-equipment-market
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