LONDON--(BUSINESS WIRE)--The industrial bakery processing equipment market is poised to grow by USD 3.67 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. Request free sample pages
Read the 120-page report with TOC on "Industrial Bakery Processing Equipment Market Analysis Report by Product (Ovens and proofers, Mixers and blenders, Sheeters and molders, Dividers and rounders, and Others), Application (Bread, Cookies and biscuits, Cakes and pastries, and Other bakery products), Geographic segmentation (APAC, Europe, MEA, North America and South America), and the Segment Forecasts, 2020-2024".
The market is driven by the rising demand for frozen bakery products. In addition, the advancements in manufacturing processes and technologies are anticipated to boost the growth of the industrial bakery processing equipment market.
The demand for frozen bakery products such as frozen bread, frozen cake and pastries, frozen pizza crust, waffles, donuts, and cookies is increasing due to growing preference for convenience food products. China, India, Brazil, Argentina, and Malaysia are some of the potential markets for frozen bakery products due to growth of supermarkets and bakery establishments. In addition, there is a change in lifestyle and dietary habits among people around the world as they find frozen products with longer shelf lives, enhanced taste, and good quality. This is driving the consumption of frozen bakery items such as frozen pizzas and pizza crusts, which is expected to drive market growth during the forecast period.
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Major Five Industrial Bakery Processing Equipment Market Companies:
Ali Group Srl
Ali Group Srl operates the business under various segments such as Cooking, Bakery, Meal Delivery, Preparation & Storage Solutions, and Others. The company offers Ovens, Dividers, Mixers, Molder, and Proofer.
ANKO Food Machine Co. Ltd.
ANKO Food Machine Co. Ltd. operates under the Food machines business segment. Through this segment, the company offers machinery for Apple Pie, Arabic bread, Arancini, Arepa, Bagel, and other food products.
Baker Perkins Ltd.
Baker Perkins Ltd. operates under various business segments, namely Bread, Biscuit, Cookie & Cracker, Confectionery, Cereal, Snack, Dry pet food, Industrial extrusion, and Customer services. The company offers Mixers, Divider, Ovens, Proofer, Molder, and Others.
Bühler AG operates under the following business segments: Grains & Food and Advanced Materials. The company offers Ovens, Mixers, Forming equipment, Molders, Sheeters, and Others.
GEA Group Aktiengesellschaft
GEA Group Aktiengesellschaft operates under the following business segments: Business Area Equipment and Business Area Solutions. The company offers Ovens, Mixers, Forming equipment, Molders, and Sheeters.
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Industrial Bakery Processing Equipment Market Product Outlook (Revenue, USD Billion, 2020-2024)
- Ovens and proofers
- Mixers and blenders
- Sheeters and molders
- Dividers and rounders
Industrial Bakery Processing Equipment Market Application Outlook (Revenue, USD Billion, 2020-2024)
- Cookies and biscuits
- Cakes and pastries
- Other bakery products
Industrial Bakery Processing Equipment Market Geographic Outlook (Revenue, USD Billion, 2020-2024)
- North America
- South America
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