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Bakery Processing Equipment Global Market Analysis, Trends, Growth, Research And Forecast 2033
The Business Research Company recently released a comprehensive report on the Global Bakery Processing Equipment Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.According to The Business Research Company's, The binders and scaffolders for meat and meat substitutes market size has grown strongly in recent years. It will grow from $3.79 billion in 2023 to $4.01 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to consumer health awareness, increased demand for alternative protein, global population growth, rise in urbanization.
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Market Drivers and Trends:
Growing awareness about health and fitness is expected to boost the growth of the binders and scaffolders for meat and meat substitutes market going forward. Health and fitness pertain to an individual's general state of well-being and their physical fitness. As consumers become more health-focused, they look for meat substitutes that offer a similar nutritional profile to meat. Binders and scaffolders help fortify these products with essential nutrients. For instance, in January 2022, according to a survey report published by Nutrisystem, a US-based provider of weight loss products, Among 2,000 participants, 53% of respondents expressed their goal for 2022 as shedding weight, with an average target of 14 pounds of weight loss. Therefore, growing awareness about health and fitness is driving the growth of the binders and scaffolders for meat and meat substitutes market.
Major companies operating in the binders and scaffolders for the meat and meat substitutes market are developing new products such as binding ingredients to meet larger customer bases, more sales, and increase revenue. Binding ingredients are substances or additives used in food preparation to hold or bind the various components of a dish together. For instance, in October 2023, Loryma, a Germany-based producer of food ingredients, launched Lory Bind. A distinctive characteristic of this product is its composition, primarily comprising wheat starch and wheat protein, which effectively reduces weight loss by ensuring exceptional freeze-thaw stability. Lory Bind's attributes are attributed to its distinctive wheat-based composition. As per Loryma, the wheat starch imparts a high water-binding capacity to the binders, while the wheat protein, also recognized as gluten, enhances and stabilizes the texture
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
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
Bakery Processing Equipment Market 2024 Key Insights:
• The bakery processing equipment market size is expected to grow to $18.94 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%.
• Lifestyle Changes Fueling Growth In The Bakery Processing Equipment Market
• The Rise Of Eco-Friendly Solutions In The Bakery Processing Equipment Market
• Asia-Pacific was the largest region in the bakery processing equipment market in 2023 and is expected to be the fastest-growing region in the forecast period.
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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