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Bakery Processing Equipment Share, Forecast 2033
Bakery Processing Equipment
As per the report, the bakery processing equipment market size has grown strongly in recent years. It will grow from $13.11 billion in 2023 to $14.15 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The bakery processing equipment market size is expected to see strong growth in the next few years. It will grow to $18.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.
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Bakery Boom Increasing Consumption Of Bakery Products Fuels Growth In Bakery Processing Equipment Market
The growing consumption of bakery products is expected to propel the growth of the bakery processing equipment market. Different bakery processing equipment is utilized to make different baking products. Consumers are increasingly preferring bakery products, leading to an increase in demand for bakery processing equipment. In 2020, the global products market was valued at $507.38 billion and is expected to grow at a CAGR of 2.5% between 2021 and 2026. The growing consumption of bakery products drives the growth of the bakery processing equipment market.
Strategic Partnerships Transforming The Bakery Processing Equipment Market
Strategic collaborations between companies are a key trend gaining popularity in the bakery processing equipment market. Companies manufacturing bakery processing equipment are undergoing partnerships and collaborations to develop new technologies and products. For instance, in March 2021, Turri F.lli Srl, an Italian firm that designs and manufactures machines for bakeries, pasta factories, pastry shops, and pizzerias, partnered with Eaton, an American-Irish multinational power management company. From this partnership, Turri has benefited from Eaton's solutions in terms of digital transformation, which has resulted in specific gains in terms of process and cost management. In another partnership, in January 2021, Buhler, a Swiss multinational plant equipment manufacturer, and DIL Deutsches Institut für Lebensmitteltechnik e. V. research institute, a food technology research institute in Germany, teamed up to develop the new """"Technology Center Proteins of the Future"""". The unique technology centre offers cutting-edge research, testing, and advanced food and bakery processing equipment for the creation of nutritious, sustainable-protein foods.
The bakery processing equipment market covered in this report is segmented -
1) By Type: Mixers, Ovens & Proofers, Slicers & Dividers, Sheeters & Molders, Depositers & Pan Greasers
2) By Mode Of Operation: Automatic, Semi-Automatic
3) By Application: Bread, Cakes & Pasteries, Cookies & Biscuits, Pizza Crusts, Other Applications
4) By End-User: Bakery Processing Industry, Foodservice Industry
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Major companies operating in the bakery processing equipment market include GEA Group Aktiengesellschaft, Bühler AG, JBT Corporation, The Middleby Corporation, Heat and Control Inc., Rheon Automatic Machinery Co. Ltd., Ali Group S.p.A., Baker Perkins Holdings Limited, Markel Corporation., Anko Food Machine Co. Ltd., Gemini Bakery Equipment Co. Inc., Allied Bakery Equipment LLC, Global Bakery Solutions LLC, Koenig Maschinen GmbH, John Bean Technologies Corporation, Erica Record LLC, Breville Group Limited, Paul Mueller Company, Welbilt Inc., ALFA LAVAL AB, MECATHERM SAS, Robert Bosch GmbH, CandyWorx LLC, Bongard Machines GmbH & Co. KG, Silvestri S.r.l., Bettcher Industries Inc., Aasted ApS, The Henry Group Inc., EUROASIA FOOD EQUIPMENT SDN BHD, Rademaker BV, Rondo Burgdorf AG, Kaak Group B.V., Werner & Pfleiderer Bakery Technologies GmbH, MIWE Michael Wenz GmbH, Sveba Dahlen AB, Revent Inc., Tromp Group B.V., Reading Bakery Systems LLC., Baker Thermal Solutions LLC., AMF Bakery Systems LLC
Contents of the report:
1. Executive Summary
2. Bakery Processing Equipment Market Report Structure
3. Bakery Processing Equipment Market Trends And Strategies
4. Bakery Processing Equipment Market - Macro Economic Scenario
5. Bakery Processing Equipment Market Size And Growth
…..
27. Bakery Processing Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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