Dough Equipment Market Trend, Top Key Players Analysis 2018 to 2023 | HIX Corporation, GEA Group AG, Doyon Baking Equipment, Baxter Manufacturing and Baker Perkins Ltd. | Business Strategy and Forecast

Market Overview:
Dough Equipment Market is projected to grow at a CAGR of 6.5% over the forecast period. Dough equipment are mechanized alternative for dough making over hand driven conventional methods. These equipment’s have helped the dough makers and people in the kitchen owing to its handy usage and less time consumption features. Dough equipment include sheeters & moulders, mixers, dough hoppers and dividers which helps in making with the desired size and thickness of a dough. Additionally, less or no involvement of hands makes it a better alternative for dough making, owing to its high hygienic level and product consistency along the production line.

Europe is the second largest market for dough equipment and it is expected to grow substantially over the forecast period 2017-2023. Increasing demand for high quality product with lesser cost among the rising population is driving the growth of dough equipment in this market.

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Changing eating habits and increase in number of health conscious population is an advantage to the dough equipment market in this region. Moreover, high focus on R&D by the key players for innovations in machine automation will surge the market in the coming years. All these factors will lead to the growth of Europe dough equipment market at a CAGR of 6.0% during the forecast period 2017-2023.

Major Key Players:
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major dough equipment players. It further includes product portfolios, developments of leading players, which includes

Some of the key players profiled in the global Dough equipment market are Somerset Industries, Inc. (U.S.), JBT Corporation Ltd. (U.S.), HIX Corporation (U.S.), GEA Group AG (Germany), Doyon Baking Equipment Inc. (Canada), Baxter Manufacturing Inc. (U.S.), Baker Perkins Ltd. (U.K)

Key Findings:
Dough equipment are majorly used in bakery and food industry to prepare different shapes and sizes of dough. Among the Dough equipment application, pizza and bread making is found to be utilizing these equipment more.

Segments:
On the basis of type, Dough equipment are segmented into sheeters & moulders, mixers, dough hoppers and chutes, dividers and others. Among them sheeters & moulders are dominating the market with their attribute of sheeting the dough of desired thickness and molding the dough as per the products requirement especially for pizzas and breads. However, dough mixers is witnessing a steady growth in this segment.

Based on application, Dough equipment are segmented into cakes & pastries, cookies & biscuits, pizza crusts, breads and others. Among all, the pizza crusts segment is dominating the market due to high demand for pizza products with varying crust size and thickness both from the manufacturers and consumers. However, the use of Dough equipment in bread preparation is projected to grow, owing to high demand for bread and bread products from the working population as it serves as a good convenient food.

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Regional Analysis:
The global Dough equipment market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. Increasing health conscious population and their inclination towards hygienic food preparation is driving the market for Dough equipment in North America. Moreover, increasing awareness of Dough equipment in the developing countries such as India, China and Japan is boosting the Asia Pacific market.

In North America, the U.S. holds the major share of Dough equipment market. Moreover, Europe and Asia Pacific region are expected to show a modest growth over the forecasted period.

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