Bakery Processing Equipment Market: Business Opportunities, Leading Players & Regional Trends,2026
North America bakery processing equipment market is projected to exhibit an appreciable CAGR of nearly 8% through 2026. A surge in the number of commercial and retail bakeries in North America is set to bolster the expansion of the pizza segment in the region. This growth is on account of the expected increase in the consumption of pizza by millennials, teenagers, and adults coupled with the subsequent demand for baking machines over the estimated span.
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An increase in tourism coupled with the surging demand for bread products such as pita bread, buns, and flatbread has led to the expansion of the bakery processing equipment market in the Asia Pacific. Further, a rise in the adoption of western culture in the region is touted to augment the demand for various baking tools and equipment through the projected period. The escalated consumption of fast food and bakery products has also led to the development of numerous international and local bakeries and restaurants across the region.
One of the recent advancements in the global bakery processing equipment industry comprises the acquisition of a majority stake in Auto-Bake Industries by TMG, the parent organization of commercial bakery equipment manufacturer, Mecatherm. Backed by Unigrains, the takeover is slated to strengthen the international presence of both organizations, enabling the development of a wide array of baking machines for the market.
The importance of this takeover has been illustrated by the September 2020 roll-out of the Mecabagel line, which is a comprehensive solution for the production of bagels ranging from make-up to freezing. Moreover, this unique and new solution also integrates the technologies of both organizations, in turn allowing customers to proceed with the manufacturing of artisan-style bagels on high-performance industrial equipment. Such developments are set to stimulate the demand for bakery equipment, influencing revenue expansion over the forthcoming years. The global bakery processing equipment market size is estimated to exceed USD 11 billion by 2026.
Key players operating in the bakery processing equipment market comprise Ali Group S.r.l., Heat and Control, Inc., Rheon Automatic Machinery Co., Ltd., The Middleby Corporation, Markel Ventures, and others. These manufacturers are focusing on the development of innovative models via the implementation of numerous collaborative strategies such as mergers and acquisitions for enhancing their hold over the market.
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Data Tables
TABLE 1 Global bakery processing equipment industry 3600 synopsis, 2016 - 2026
TABLE 2 Global bakery processing equipment market size, 2016 – 2019 (USD Million)
TABLE 3 Global bakery processing equipment industry size, 2020 – 2026 (USD Million)
TABLE 4 Global bakery processing equipment industry size, 2016 – 2019 (Units)
TABLE 5 Global bakery processing equipment industry size, 2020 – 2026 (Units)
TABLE 6 Global bakery processing equipment market size, by type, 2016 – 2019 (USD Million)
TABLE 7 Global bakery processing equipment industry size, by type, 2020 – 2026 (USD Million)
TABLE 8 Global bakery processing equipment industry size, by type, 2016 – 2019 (Units)
TABLE 9 Global bakery processing equipment market size, by type, 2020 – 2026 (Units)
TABLE 10 Global bakery processing equipment industry size, by region, 2016 – 2019 (USD Million)
TABLE 11 Global bakery processing equipment industry size, by region, 2020 – 2026 (USD Million)
TABLE 12 Global bakery processing equipment industry size, by region, 2016 – 2019 (Units)
TABLE 13 Global bakery processing equipment market size, by region, 2020 – 2026 (Units)
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