Press release
Bakery Processing Equipment Market will reach 19400 million US$ by 2025- QY Research, Inc.
The bakery processing equipment is the equipment, which is used to produce pastry, it mainly includes the mixer and ovens.
The major players are Middleby Corporation, Welbilt, ITW Food Equipment Group, Markel Food Group, JBT Corporation, Rheon, MIWE, Sinmag, Wiesheu, WP Bakery, Buhler, RATIONAL, GEA Group, Ali Group, Rademaker and etc.
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Asia-Pacific accounted for the largest market share for bakery processing equipment, followed by North America and Europe. Countries in the Asia-Pacific, Latin American, the Middle East, and African regions are thriving in terms of the growing contribution of the bakery processing equipment toward the GDP with high levels of product development and marketing. The rising population levels have also created the demand for customized and luxurious bakery products globally. Increasing per capita disposable income in these regions is another driver for the bakery processing equipment market.
Bakery processing equipment products such as ovens & proofers and mixers are among the widely used products; changing bakery products consumption pattern is one of the major factors driving the bakery processing equipment market in this region. The sheeters & molders bakery processing equipment have been projected to lead the market in terms of value and is projected to grow at a comparatively higher CAGR than most bakery processing equipment types. Small-scale players have adopted new product development strategy for sheeters & molders to expand their businesses, globally, by investing in the development of R&D sectors to create and launch various new advanced products of this segment in the market.
In 2016, the market of bakery processing equipment for bread application accounted for the largest share in the bakery processing equipment market in terms of value. The pizza crust application of bakery processing equipment is projected to grow at a comparatively higher CAGR due to the increasing consumption of pizza as a preferred snack by customers worldwide.
The global Bakery Processing Equipment market is valued at 10200 million US$ in 2017 and will reach 19400 million US$ by the end of 2025, growing at a CAGR of 8.3% during 2018-2025.
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/522094/global-bakery-processing-equipment-market
The major manufacturers covered in this report
Middleby Corporation
Welbilt
ITW Food Equipment Group
Markel Food Group
JBT Corporation
Rheon
MIWE
Sinmag
Wiesheu
WP Bakery
Buhler
RATIONAL
GEA Group
Ali Group
Rademaker
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Ovens
Mixers
Dividers
Molders
Other
By Application, the market can be split into
Bread
Cakes & Pastries
Pizza Crusts
Cookies & Biscuits
Other
Click to view the full report TOC, figure and tables: https://www.qyresearch.com/index/detail/522094/global-bakery-processing-equipment-market
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
QY Research, INC.
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Suite 218,
City of industry, CA - 91748
USA: +1 626 295 2442
Email – inquiry@qyrsearch.com
Web – www.qyresearch.com
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