Bakery Processing Equipment Market Size to Reach 18.7 billion by 2026 | CAGR: 6.7%

According to a new report published by Allied Market Research, titled, "Bakery Processing Equipment Market by Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global bakery processing equipment market size was $11.4 billion in 2018, and is expected to reach $18.7 billion by 2026, registering a CAGR of 6.7% from 2019 to 2026. 

𝐆𝐞𝐭 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/1562

Continuous technological advancements in the global bakery processing equipment market are expected to provide ample growth opportunities for equipment manufacturers and suppliers in the near future. Major players in the market are already shifting their focus toward innovation and technological advancements to maintain competitiveness and garner major market share. For example, in 2016, the ovens produced under the low-energy ovens project use advanced infrared technology. The technology aids in energy reduction by 20-40% during the bakery process and a gain in time of up to 70%. Furthermore, introduction of new heating technologies, interactive oven interfaces, high-speed convection ovens, and ventless ovens is expected to provide potential opportunities for market expansion. Such advancements are expected to boost the market growth during the forecast period.

Manufacturers are using enhanced equipment to meet the increased demand owing to surge in demand for bakery equipment. Bakery equipment is now witnessing rapidly evolving technological changes ranging from materials to safety and ergonomics. Spiral-style mixers are now being extensively used owing to multiple benefits including high capacity processing into breads reduced oxidation of dough and over-mixing. Furthermore, automatic timers are now being deployed with mixers that could process dough without supervision. Continuous innovation in ovens have led to invention of probes, rotating racks, and microprocessor controls providing even bakery along with precise temperature & humidity levels control in the due course of bakery.

𝐍𝐞𝐞𝐝𝐬 𝐂𝐡𝐚𝐧𝐠𝐞𝐬? 𝐆𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐀𝐜𝐜𝐨𝐫𝐝𝐢𝐧𝐠 𝐭𝐨 𝐘𝐨𝐮𝐫 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐦𝐞𝐧𝐭𝐬: https://www.alliedmarketresearch.com/request-for-customization/1562

As a result, an unprecedented control over browning, crust and texture can be achieved with the help of precision control systems. In addition, compact machines aid turning dough into loaves or shaped rolls, enhancing productive and reducing labor work and risk of repetitive stress injuries. Puff pastry, pie crusts, or pizza crusts are now quickly rolled by dough sheeters having same advantages as that of compact machines. 

The global bakery processing equipment market is segmented into product type, application, and region. By product type, the global market is studied across ovens & proofers, mixers, sheeters & molders, and others. Depending on application, the market is classified into bread, cakes & pastries, cookies & biscuits, pizza crusts and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA

𝐇𝐚𝐯𝐞 𝐐𝐮𝐞𝐫𝐢𝐞𝐬? 𝐓𝐚𝐥𝐤 𝐭𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/1562

Key Findings of the Study:

Asia-Pacific leads in terms of revenue share and is expected to retain its dominance during the forecast period.

The ovens & proofers segment generates highest revenue in the bakery processing equipment market analysis.

In 2018, based on application, bread products accounted for about 40% of the global bakery processing equipment market share. However, the cookies and biscuits segments is expected to witness robust growth with a CAGR of 9.0%, during the forecast period.

In 2018, based on region, Asia-Pacific is anticipated to grow with robust CAGR of 7.8% during the bakery processing equipment market forecast.

𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.alliedmarketresearch.com/checkout-final/14c6b690b1d93c32a5be9fa8bdc699bd

Some of the key players operating in global bakery processing equipment market includes:

➤Paul Mueller Company

➤BUHLER AG

➤EUROASIA FOOD EQUIPMENT SDN BHD

➤GEA Group Aktiengesellschaft

➤Welbilt Inc.

➤Ali Group Srl

➤Breville Group

➤The Middleby Corporation

➤JBT Corporation

➤Heat and Control, Inc.

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𝗔𝗯𝗼𝘂𝘁 𝗨𝘀

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.