Bakery remains the shop-around-the corner despite, increasing influx of large retail chains for a wide variety of food processing needs. This is because bakery products are a novelty to many, and their unique flavours continue to make a niche for small players despite the ever-growing pressure of costs, and bigger competitors. Thanks to a rising demand for bakery products globally, the bakery processing equipment market is expected to touch a valuation of US$ 21,344.7 mn in 2026. The market merely stood at US$394. 6 mn in Asia Pacific in 2016. However, this region promises a major growth potential during the forecast period.
Rising demand for bakery products, and increased appetite
for sweet foods will create new opportunities for growth in the bakery
processing equipment market in the near future. The market is expected to grow
at a notable 9% CAGR during the forecast period, as demand for products like bread
slicer, mixers, dough proofer continues to skyrocket.
Among regions, North America is likely to remain dominant in
terms of total revenues. However, the growth for Asia Pacific remains most
promising as conventional bakeries adopt modern infrastructure to meet the
demand for a quick snack. The rising disposable income, and changing lifestyle
trends will also drive growth for the bakery processing equipment market in the
region.
Get PDF brochure for
Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10865
Bread Processing Equipment Promises to Drive Major Growth
Bread processing equipment promises to remain at the
forefront of growth, as demand for healthy, and natural bread remains enticing
to potential consumers. The rising demand for natural breads, and the large
quantities, and varieties of flavours make it essential for bakery owners to
avail essential bread processing equipment. Equipment like bread slicer can
significantly improve efficiency, and productivity, as growth for the bakery
processing market remains promising over the forecast period. The segment
reached a valuation of over $600 million in 2017. It is expected to grow at a
robust 8% CAGR during the forecast period to reach a valuation of US$ 938.4 mn
in 2026.
Biscuits and Cookies to Reign Supreme during the Forecast
period
Cookies and biscuits promise to emerge as the biggest draw
for bakery manufacturers during the forecast period. The growing demand, and
variety in cookies, and their large-scale manufacturing application requires a
similar supporting infrastructure. The rising demand for cookies, and biscuits
are expected to bring in as much as US$ 6648.2 mn in the overall market,
growing at a brisk 9.4% CAGR during the forecast period. The continuous
popularity of cookies in established regions like North America, and increased
demand for these foods in emerging regions of Asia Pacific remain a promising
opportunity.
The bakery processing equipment market is segmented as
below.
Bakery Processing Equipment Market
By Type
- Bread
Systems
- Bread
Slicers
- Mixers
- Ovens
& Proofers
- Divider
& Rounder
- Sheeter
&Moulder
- Pan
Greasers
- Depositors
By End-use
- Retail
Baker
- Wholesale
Baker
Purchase our Premium
Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=10865<ype=S
By Application
- Breads
- Cookies
& Biscuits
- Cakes
& Pastries
- Pizza
Crusts
- Others
About Us
Transparency Market Research (TMR) is a market intelligence
company, providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants, use
proprietary data sources and various tools and techniques to gather, and
analyze information. Our business offerings represent the latest and the most
reliable information indispensable for businesses to sustain a competitive
edge.
Each TMR syndicated research report covers a different
sector - such as pharmaceuticals, chemicals, energy, food & beverages,
semiconductors, med-devices, consumer goods and technology. These reports provide
in-depth analysis and deep segmentation to possible micro levels. With wider
scope and stratified research methodology, TMR’s syndicated reports strive to
provide clients to serve their overall research requirement.
Contact
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
No comments:
Post a Comment