Bakery processing equipment market projected to reach US$18.7 billion by 2026
GLOBAL – The global bakery processing equipment market size was valued at US$11.4 billion in 2018, and is expected to grow to US$18.7 billion by 2026, registering a CAGR of 6.7% from 2019 to 2026, according to a report released by Allied Market Research, a global market research and business consulting division of Allied Analytics LLP.
According to the report, continuous technological advancements in bakery processing equipment are anticipated to create significant growth opportunities for manufacturers and suppliers in the near future.
According to the report, the growth is expected to be driven by continuous technological advancements in bakery processing equipment, creating opportunities for manufacturers and suppliers in the near future.
With the increasing innovations in the sector, Major market players are increasingly focusing on innovation and technological improvements to remain competitive and secure a larger market share.
The global bakery processing equipment market is segmented by product type, application, and region. Key product types include ovens and proofers, mixers, sheeters and moulders, among others.
The report highlights that players looking to enter the bakery processing equipment industry face stiff competition, providing niche products and leveraging on technology remains the incumbent solution for players venturing into this industry.
For instance, in 2016, ovens developed under the low-energy ovens project employed advanced infrared technology, which reduced energy consumption by 20-40% during the baking process and increased efficiency by reducing baking time by up to 70%.
In May 2021, Gemini/KB Systems in collaboration with Sveba Dahlen introduced a gas and oil-fired oven variety. The I 62 Rack is proficient with a programmable computerized control panel of accommodating multiple per bake chamber.
The introduction of new heating technologies, interactive oven interfaces, high-speed convection ovens, and ventless ovens is expected to further stimulate market growth during the forecast period.
Manufacturers are investing in enhanced equipment to meet the rising demand for bakery products. Technological advancements in bakery equipment are rapidly evolving, covering improvements in materials, safety, and ergonomics.
Spiral mixers are now widely used due to their multiple benefits, including high-capacity processing for bread, reduced dough oxidation, and minimized over-mixing.
Additionally, automatic timers that allow mixers to operate without supervision are now becoming standard.
Innovations in oven technology have led to the development of advanced features such as probes, rotating racks, and microprocessor controls, which enable more consistent baking and precise control over temperature and humidity levels. Precision control systems help achieve exceptional control over browning, crust, and texture.
Furthermore, compact machines are enhancing productivity by transforming dough into loaves or shaped rolls while reducing labour demands and the risk of repetitive stress injuries.
Dough sheeters are now used to quickly roll out puff pastry, pie crusts, and pizza crusts, offering similar advantages as compact machines.
Notable players in the global bakery equipment market include Paul Mueller Company, BUHLER AG, EUROASIA FOOD EQUIPMENT SDN BHD, GEA Group Aktiengesellschaft, Welbilt Inc., Ali Group Srl, Breville Group, The Middleby Corporation, JBT Corporation, and Heat and Control, Inc.
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