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Rising Fast-Food Sector Boosts Demand For Smart Bread Makers: Core Growth Enabler in the Smart Bread Maker Market, 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Smart Bread Maker Industry Market Size Be by 2025?
The market size of intelligent bread making machines has witnessed robust growth in the past few years. The market, which was worth $1.17 billion in 2024, is projected to climb to $1.25 billion in 2025, with the compound annual growth rate (CAGR) pegged at 6.8%. Factors contributing to the growth during the historical period include the surge in health-aware consumers, heightened demand for meals cooked at home, advancements in kitchen appliance technology, the mounting popularity of automatic baking, the growth in disposable income, and the proliferation of urbanization and modernized kitchens.
What's the Long-Term Growth Forecast for the Smart Bread Maker Market Size Through 2029?
In the upcoming years, the smart bread maker industry is projected to experience significant expansion, with its market worth set to reach $1.6 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.4%. The expansion over the forecast period can be ascribed to several factors. These include the increasing popularity of intelligent kitchen appliances, heightened awareness about gluten-free and specialty breads, incorporation of IoT and smart functionalities, and growing demand for convenience in home baking. Other drivers include the growing consumer preference for energy-saving appliances, and the rise of e-commerce and online retail channels. Notable trends during the forecast period embrace smart connectivity and app-controlled bread makers, increased demand for compact and space-efficient models, customizable and multi-use bread makers, as well as the application of AI for personalized baking adjustments. The use of sustainable and eco-friendly materials, and the creation of bread makers for specific dietary preferences are also expected to be trendy.
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What Are the Key Growth Drivers Fueling the Smart Bread Maker Market Expansion?
The increasing trend in the fast food industry is anticipated to fuel the expansion of the smart bread maker market. This industry includes eateries that provide fast-service meals, often showcasing standardized menus with items like burgers, fries, and fried chicken, tailored for swift preparation and consumption. With the accelerated pace of life, consumers' demand for meals that are not only affordable but also quickly available is causing the rapid growth in fast food. Smart bread makers are employed in this industry to simplify and standardize bread making, ensuring uniform quality and effectiveness in large-scale operations. For example, as stated in a 2023 report by Aviko, a food company based in the Netherlands, the UK's fast food industry saw growth from 20.61 billion in 2022 to 22.04 billion in 2023 and a rise in patron visits to fast food outlets to 45% in June 2023. Therefore, the expansion of the fast food sector is expected to drive the smart bread maker market's growth.
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What Are the Key Trends Driving Smart Bread Maker Market Growth?
To meet the diverse demands of customers and enhance their convenience, major corporations in the smart bread maker market are shifting their focus towards specialized products like mini bread makers. These compact machines, perfect for baking small bread loaves or dough, are specifically designed for homes with limited kitchen space or for those who prefer to bake smaller amounts of fresh bread. In September 2024, for example, the Japan-based technology firm Panasonic Holdings Corporation introduced the sd-pn100 mini bread maker. This compact, groundbreaking device caters to smaller households and is equipped with 18 automatic programs for creating various baked items, including gluten-free alternatives. With cutting-edge features such as dual temperature sensor technology and artisan-style kneading, it guarantees optimum, customizable baking results while minimizing waste.
How Is the Smart Bread Maker Market Segmented?
The smart bread makermarket covered in this report is segmented -
1) By Type: Fully Automatic Smart Bread Makers, Semi-Automatic Smart Bread Makers, Manual Smart Bread Makers
2) By Distributional Channel: Supermarket, Home Appliance Store, Online
3) By Application: Household Use, Commercial Use
Subsegments:
1) By Fully Automatic Smart Bread Makers: Programmable Bread Makers, Non-Programmable Bread Makers
2) By Semi-Automatic Smart Bread Makers: With Digital Display, Without Digital Display
3) By Manual Smart Bread Makers: Traditional Manual Bread Makers, Adjustable Manual Bread Makers
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Which Companies Are Leading the Charge in Smart Bread Maker Market Innovation?
Major companies operating in the smart bread maker market are Panasonic Corporation, Midea Group Co. Ltd., Kitchenaid, Sharp Corporation, Koninklijke Philips N.V., Electrolux AB, BLACK+DECKER Inc., De'Longhi S.p.A., Breville Group Ltd., Cuckoo Electronics Co. Ltd., Lakeland Limited, Kent International Inc., Hamilton Beach Brands Holding Company, Aroma Housewares Co. Ltd., Cuisinart, Siroca Inc., KENWOOD Limited, Zojirushi Corporation, Gourmia Inc., Tefal, The Secura Group, Sunbeam Products Inc., Gastroback GmbH
Which Regions Are Leading the Global Smart Bread Maker Market in Revenue?
North America was the largest region in the smart bread maker market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart bread maker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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