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Soaring Demand Set to Propel Automatic Bread Machine Market to $4.05 Billion by 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Automatic Bread Machine Market Through 2025?
Recent years have seen a robust growth in the automatic bread machine market size. With an expected rise from $2.99 billion in 2024 to $3.16 billion in 2025, the market is projected to register a compound annual growth rate (CAGR) of 5.6%. Factors contributing to such growth during the historic period encompass increased consumer preference for convenience, technological advancements in kitchen appliances, growing health awareness, a rise in disposable incomes, and the burgeoning expansion of e-commerce.
What's the Projected Size of the Global Automatic Bread Machine Market by 2029?
In the foroming years, the market size of automatic bread machines is predicted to observe a robust increase, potentially reaching $4.05 billion in 2029, with a CAGR of 6.4%. The projected growth during this period can be ascribed to factors such as rising acceptance of intelligent kitchen appliances, surging interest in gluten-free and tailored dietary needs, increased urbanization and condensed living spaces, progressions in energy-saving technologies, and augmented demand for appliances with multiple functions. Key prognosticated trends during this period include deepening integration with smart home systems, growing demand for small and portable models, use of eco-friendly materials, enhanced options for personalized baking and an expansion in gluten-free and special bread capabilities.
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Top Growth Drivers in the Automatic Bread Machine Industry: What's Accelerating the Market?
The surge in the population of employed women is anticipated to fuel the expansion of the automatic bread machine market in the future. Employed women are essentially those who take up paid jobs outside their homes for either their own financial support or their families'. The escalation in the number of such women can be attributed to reasons such as financial requirements, academic achievements, evolving societal norms, ample job prospects, and maintaining a work-life equilibrium. An automatic bread machine can make the task of baking fresh bread much simpler for working women, as it saves their time and energy and allows them more time for job exploration while fostering a healthier way of life. For example, the Bureau of Labor Statistics, a government agency based in the US, reported in April 2024 that the proportion of employed mothers with children aged under 18 was 74% in 2023, marking a rise of 1.1% points from the previous year. consequently, the surge in the count of working women is fuelling the expansion of the automatic bread machine market.
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What Trends Will Shape the Automatic Bread Machine Market Through 2029 and Beyond?
Significant corporations involved in the automatic bread machine market are turning their attention towards creating double temperature sensor-based bread makers, to accommodate the shift in consumer demand for personalized baking experiences. This type of automatic bread machine utilizes dual sensors to oversee both dough and baking environment temperatures, thus, increasing control for even cooking and enhanced bread quality. This approach enables exact modifications to heating components, leading to superior performance and regular outcomes. In August 2022, for instance, Panasonic Corporation, an electronic company based in Japan, introduced the SD-R2550, an inventive automatic bread maker that offers an extensive baking experience with 20 pre-fixed programs for a wide range of breads, doughs, sweets, and gluten-free variants. It incorporates manual options for dough kneading and fermentation processes, imitating master baking methods for top-notch outcomes. The uniquely constructed kneading blade and ribbed pan come together to ensure the best texture and taste, while the raisin & nut dispenser introduces ingredients at the ideal time for uniform mixing. The machine offers users the choice of medium, large, or x-large loaf sizes and light, medium, or dark crust shades.
What Are the Main Segments in the Automatic Bread Machine Market?
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 Top Companies are Driving 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
Which Regions Will Dominate the Automatic Bread Machine Market Through 2029?
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.
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