Bakery Processing Equipment Market to reach a market size of $17.9 billion by 2025- KBV Research
The ovens and proofers equipment sub-segment held the dominant market share in 2018. In the production of bakery products, ovens and proofers are used to a large extent. Molders and sheeters equipment category is projected to record the fastest CAGR. These types of machines are used for the production of bakery products of various shapes and sizes.
Among the application segments, the bread sub-segment attained a larger market share in 2018. During the forecast period, the segment is projected to grow at a significant growth rate of 4.92%. The application segment of cakes and pastries has grown exponentially due to increasing disposable income rapid urbanization, and demand for ready-to-eat food. Rising innovation in product offerings is expected to influence the demand over the forecast period grows at a CAGR of 5.91% during the forecast period.
The Asia Pacific emerged as the leading regional market, accounting for a major market share in 2018. The region is has been estimated to experience the fastest growth rate in the forecast period. Steadily increasing consumption of bakery products due to an increasing population, growing disposable income and rapid urbanization would further augment the regional growth. The North America market is expected to witness a CAGR of 5.1% during (2019-2025). Additionally, The Europe market is poised to witness a CAGR of 5.8% during (2019-2025).
Structural Insights: https://www.kbvresearch.com/bakery-processing-equipment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of GEA Group AG, Buhler Group, MiddleBy Corporation, Ali Group, Baker Perkins Ltd., Heat and Control, Inc., Rheon Automatic Machinery Co. Ltd., Gemini Bakery Equipment Company, Global Bakery Solutions Ltd. and Allied Bakery Equipment & Machine Co., Inc.
Recent Strategies Deployed in Bakery Processing Equipment Market
» Partnerships, Collaborations and Agreements:
Aug-2018: Heat and Control Pty Ltd. signed partnership with Key Technology, Inc., a member of Duravant Family of operating companies for supporting the customers in Australia, India, and New Zealand. Under the partnership, Heat and Control supplies and services Key's high performance vibratory conveyors, digital sorters, and other automation systems in the defined regions.
Apr-2018: Heat and Control collaborated with Ishida, a designer and manufacturer of multihead weighers and wide range of sealing, bagging, grading, inspection, and quality control equipment. The collaboration is aimed at delivering the food industry' customers with full 'end-to-end' processing and packaging solutions.
» Acquisition and Mergers:
Apr-2019: MiddleBy announced the acquisition of Standex Cooking Solutions Group. Through acquisition, a number of new brands such as Bakers Pride®, Bakers Pride®, Ultrafryer®, and BKI® brands, will operates under MiddleBy Commercial Foodservice Group.
Feb-2018: MiddleBy completed the acquisition of Hinds-Bock Corporation, a manufacturer of filling and depositing bakery and food products and solutions. The acquisition complements the existing bakery and processing systems of MiddleBy's current portfolio.
Dec-2017: GEA completed the acquisition of Pavan Group, a leading supplier of milling and extrusion technology for the processing of all kinds of dried and fresh pasta, breakfast cereals, and pelleted snack products. The acquisition extends the technology portfolio of GEA.
Sep-2017: Buhler acquired Haas Group, the Austrian manufacturer of biscuits, wafer, and confectionary production systems. The acquisition helps Buhler in expanding its Consumer Food Product Portfolio and it offers Haas the access to the resources of Buhler organization including its innovation networks and 100 service stations.
Jun-2017: MiddleBy acquired Sveba Dahlen Group, a developer and manufacturer of bakery equipment for industrial baking industries and commercial foodservice industries. The acquisition adds a number of leading and highly respected brads to its portfolio and strengthens its position in the bakery category.
» Product Launches and Product Expansions:
Aug-2018: Baker Perkins launched TruClean(TM) Series3 rotary moulder in order to fulfill the industry's highest standards of hygiene, low maintenance, and cleaning costs. This moulder has been launched for soft dough biscuits and sandwich cookies. The machine incorporates the full complement of process control techniques.
Jul-2018: Baker Perkins extended its product portfolio with the launch of equipment for creating crunchy granola bars. This expansion has been focused on meeting the demand of accurately guillotining the baked granola bars into bars.
» Geographical Expansions:
Dec-2018: Buhler opened a new Food Application Center in Plymouth and the next phase of this project includes installation of equipment and commissioning. This center includes the innovative technologies for processing pulses, corn, ancient grains, and many other food ingredients.
Global Bakery Processing Equipment Market Segmentation
Oven & Proofers
Molders & Sheeters
Mixer & Blenders
Dividers & Rounder and
Cakes & Pastries
Cookies & Biscuits
Pizza Crusts and
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
GEA Group AG
Baker Perkins Ltd.
Heat and Control, Inc.
Rheon Automatic Machinery Co. Ltd.
Gemini Bakery Equipment Company
Global Bakery Solutions Ltd.
Allied Bakery Equipment & Machine Co., Inc.
Bakery Processing Equipment Market Related Reports:
North America Market
Asia Pacific Market
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