Press release
Global Automatic Bread Machine Market to Reach $4.2 Billion by 2029, Growing at 6.8% CAGR
Automatic Bread Machine
The increase in the number of working women is expected to drive the growth of the automatic bread machine market. A working woman is one who engages in paid employment outside the home to support herself or her family. The rise in working women is driven by factors such as economic necessity, educational attainment, shifting social norms, career opportunities, and work-life balance. Automatic bread machines simplify the bread-baking process for working women by saving time and effort, allowing them to focus on their careers while promoting a healthier lifestyle. For instance, in April 2024, the U.S. Bureau of Labor Statistics reported that 74% of mothers with children under 18 were working in 2023, a 1.1% increase from the previous year. Therefore, the rise in working women is driving the growth of the automatic bread machine market.
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What is the projected compound annual growth rate (CAGR) of the automatic bread machine market from 2025 to 2034, and what factors influence it?
The automatic bread machine market has grown strongly in recent years. It is forecasted to increase from $2.99 billion in 2024 to $3.21 billion in 2025, reflecting a CAGR of 7.2%. The historical expansion was attributed to rising consumer demand for convenience, advancements in kitchen appliance technology, increasing health consciousness, growing disposable incomes, and the expansion of e-commerce.
The automatic bread machine market is projected to experience significant growth in the coming years, reaching $4.18 billion by 2029 with a compound annual growth rate (CAGR) of 6.8%. This growth will be driven by the increasing adoption of smart kitchen appliances, the rising popularity of gluten-free and specialty diets, urbanization and limited living spaces, advancements in energy-efficient technologies, and the growing demand for multifunctional devices. Key trends for the forecast period include integration with smart home systems, a preference for compact and portable designs, the development of eco-friendly materials, expansion in personalized baking options, and advancements in gluten-free and specialty bread-making capabilities.
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How are the latest trends influencing the growth of the automatic bread machine market?
In the automatic bread machine market, major companies are working on developing double temperature sensor-based bread makers to meet consumers' demand for customizable baking experiences. These machines use two sensors to monitor dough and baking environment temperatures, ensuring even baking and improved bread quality. For example, in August 2022, Panasonic Corporation, a Japan-based electronics company, launched the SD-R2550 automatic bread maker. It offers 20 preset programs for different types of bread, doughs, and gluten-free options, alongside manual settings for kneading and fermentation. The machine's kneading blade and ribbed pan deliver superior texture and flavor, while the raisin & nut dispenser ensures even mixing of ingredients.
What are the major segments of the automatic bread machine market and their role in driving growth?
The automatic bread machinemarket covered in this report is segmented -
1) By Type: Commercial Grade, Home Grade
2) By Distribution Channel: Online, Offline
3) By Application: Bread, Sandwich, Pizza, Other Applications
Subsegments:
1) By Commercial Grade: Bakery Bread Machines, Restaurant Bread Machines, Industrial Bread Machines
2) By Home Grade: Compact Home Bread Machines, Multi-Function Bread Machines, Traditional Bread Makers
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Which regions are key players in the growth of the automatic bread machine market?
Asia-Pacific was the largest region in the automatic bread machine market in 2024. The regions covered in the automatic bread machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the automatic bread machine market?
Major companies operating in the automatic bread machine market are Panasonic Corporation, Midea Group Co Ltd., De'Longhi Appliances S.r.l, Cuisinart, AUCMA, Welbilt Inc., Breville Pty Ltd., Hamilton Beach, Lakeland, Severin, Frigidaire, Sunbeam Products Inc., Taurus Private Limited, Kenwood, Zojirushi America Corporation, Morphy Richards Limited, Galanz, AICook, T-FAL, Livoo, Klarstein, West Bend, Coocheer, Kuissential
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What Is Covered In The Automatic Bread Machine Global Market Report?
•Market Size Forecast: Examine the automatic bread machine market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the automatic bread machine market for a structured understanding.
•Key Players Overview: Analyze major players in the automatic bread machine market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automatic bread machine market.
•Segment Contributions: Evaluate how different segments drive overall growth in the automatic bread machine market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automatic bread machine market.
•Industry Challenges: Identify potential risks and obstacles affecting the automatic bread machine market.
•Competitive Landscape: Review strategic developments in the automatic bread machine market, including expansions, agreements, and new product launches.
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