Press Release
Press Release
The Asia Pacific represents a significant market share due to the growing demand for packaged desserts that can be easily accessed from convenience stores and artisanal bakeries. Around the world, bakery products are becoming increasingly popular as breakfast foods and snacks. For example, Americans often consume pancakes for breakfast, whereas Japanese people typically enjoy mochi cake.
In some cultures such as Mexican and Indian, desserts are regarded as a great gifting option, which further creates opportunities for the market growth. Besides, the continuous development of efficient and low-noise baking equipment is driving the bakery processing equipment market expansion. The increasing popularity of low- or no-sugar organic bakery products and their availability on online channels like Amazon (NASDAQ: AMZN) also increases the application of bakery processing equipment.
In the forecast period, technological advancements and innovations are expected to revolutionise the market for bakery processing equipment. With growing concerns regarding labour shortages, bakers are adopting automated equipment and solutions to efficiently prepare high-quality baked goods.
Strategic partnerships among equipment manufacturers further drive the market development. For instance, in October 2023, Rademaker, an industrial dough processing equipment supplier, formed a strategic partnership with Form & Frys, a Danish company that specialises in folding forming and filling gear.
The partnership was aimed at expanding the former’s presence in North America, the United Kingdom, as well as the EU. With the combined technical expertise of two well-established businesses, the collaboration also intends to drive innovation in the bakery sector and offer exceptional customer service in these regions.
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The major players in the global bakery processing equipment market are GEA Group Aktiengesellschaft, Ali Group S.r.l., König Group, Breville Pty Ltd, Baker Perkins Limited, Bühler AG, Gemini Bakery Equipment Company, Welbilt Inc., Heat and Control, Inc., JBT Corporation, and Paul Mueller Company, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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