Press release
Bakery Processing Equipment Market Growth to $18.7 Billion by 2026 | AMR
According to a new report published by Allied Market Research, titled, "Bakery Processing Equipment Marketโฏby Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2019-2026,"โฏthe 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.โฏ๐๐๐ญ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐จ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/1562
Technological Advancements
Continuous technological advancements are a key driver in the bakery processing equipment market. Innovations such as low-energy ovens and automatic timers in mixers are shaping the industry landscape. For example, ovens produced under the low-energy ovens project utilize advanced infrared technology, resulting in energy reduction and time savings during the bakery process.
Equipment Innovation
Manufacturers are focusing on innovation to meet the growing demand for bakery equipment. Spiral-style mixers are gaining popularity due to their benefits, including high capacity processing and reduced oxidation of dough. Additionally, advancements in ovens, such as probes and microprocessor controls, enable precise control over baking parameters, enhancing product quality.
Market Segmentation
The bakery processing equipment market is segmented by product type and application, providing insights into specific areas of growth. The ovens & proofers segment emerges as a major revenue generator, while bread products hold a significant market share. Cookies and biscuits are expected to witness robust growth during the forecast period.
๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐: https://www.alliedmarketresearch.com/request-for-customization/1562
Regional Dynamics
Asia-Pacific leads in terms of revenue share and is projected to maintain its dominance, driven by factors such as urbanization and changing consumer preferences. The region is expected to experience robust growth, particularly in segments like cookies and biscuits.
๐๐๐ฏ๐ ๐๐ฎ๐๐ซ๐ข๐๐ฌ? ๐๐๐ฅ๐ค ๐ญ๐จ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ: 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.
๐๐๐ค๐ ๐ ๐๐ข๐ซ๐๐๐ญ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐: 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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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.
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