Bakery Processing Equipment Market to Reach $18.7 Bn by 2026 at 6.7% CAGR- The Middleby Corporation, JBT, Heat & Control

WILMINGTON, NEW CASTLE, DELAWARE 19801 USA, UNITED STATES, July 24, 2024 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, "Bakery Processing Equipment Market by Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2019–2026," the global bakery processing equipment market size was $11.4 billion in 2018, and is expected to reach $18.7 billion by 2026, registering a CAGR of 6.7% from 2019 to 2026.

𝐆𝐞𝐭 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/1562

Technological Advancements

Continuous technological advancements are a key driver in the bakery processing equipment market. Innovations such as low-energy ovens and automatic timers in mixers are shaping the industry landscape. For example, ovens produced under the low-energy ovens project utilize advanced infrared technology, resulting in energy reduction and time savings during the bakery process.

Equipment Innovation

Manufacturers are focusing on innovation to meet the growing demand for bakery equipment. Spiral-style mixers are gaining popularity due to their benefits, including high capacity processing and reduced oxidation of dough. Additionally, advancements in ovens, such as probes and microprocessor controls, enable precise control over baking parameters, enhancing product quality.

Market Segmentation

The bakery processing equipment market is segmented by product type and application, providing insights into specific areas of growth. The ovens & proofers segment emerges as a major revenue generator, while bread products hold a significant market share. Cookies and biscuits are expected to witness robust growth during the forecast period.

𝐆𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝: https://www.alliedmarketresearch.com/request-for-customization/1562

Regional Dynamics

Asia-Pacific leads in terms of revenue share and is projected to maintain its dominance, driven by factors such as urbanization and changing consumer preferences. The region is expected to experience robust growth, particularly in segments like cookies and biscuits.

𝐇𝐚𝐯𝐞 𝐐𝐮𝐞𝐫𝐢𝐞𝐬? 𝐓𝐚𝐥𝐤 𝐭𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/1562

Key Findings of the Study:

Asia-Pacific leads in terms of revenue share and is expected to retain its dominance during the forecast period.

The ovens & proofers segment generates highest revenue in the bakery processing equipment market analysis.

In 2018, based on application, bread products accounted for about 40% of the global bakery processing equipment market share. However, the cookies and biscuits segments is expected to witness robust growth with a CAGR of 9.0%, during the forecast period.

In 2018, based on region, Asia-Pacific is anticipated to grow with robust CAGR of 7.8% during the bakery processing equipment market forecast.

𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.alliedmarketresearch.com/checkout-final/14c6b690b1d93c32a5be9fa8bdc699bd

Some of the key players operating in global bakery processing equipment market includes:

• 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

• Heat and Control, Inc.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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