The bakery processing equipment market share is anticipated to record considerable expansion over the ensuing years, impelled by the soaring product usage across tortilla applications in the Latin America region. Tortilla is widely consumed in daily meals across the countries of Argentina, Brazil, and Mexico. The product is utilized in the making of numerous Mexican cuisines comprising enchiladas, tacos, and burritos.
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The SARS-CoV-2 pandemic severely impacted bakery processing equipment manufacturers in the year 2020. The industry growth was mainly hindered due to lockdown restrictions and the temporary closure of restaurants and cafes according to guidelines from the government. Global Bakery Processing Equipment Market to cross USD 10 billion through 2027.
The industry expansion is further impelled by the escalating demand for automated and technologically advanced bakery processing equipment across the industrial and commercial food service sectors. The implementation of strict government rules on food quality & safety are pushing the demand for hygienic food processing machines across various regions.
The rise is impelled by the soaring adoption of automation technology in bakery processing. The integration of the technology will help bakers in reducing labor costs and achieving high flexibility in different operations.
Manufacturers are witnessing a shortage of raw materials and huge supply chain disruptions owing to decreased imports from China. However, with efforts towards economic revival, the industry is expected to register substantial expansion in the post-pandemic era.
APAC is characterized by rising technological advancements, increasing demand for processed food, and rapid industrialization. The regional market is witnessing surging adoption of automated bakery equipment on account of numerous benefits, comprising reduced labor cost and minimal human intervention, creating opportunities for market players.
Key participants in the bakery processing equipment market comprise Ali Group Srl, Rheon Automatic Machinery Co., Ltd., GEA Group Akitengesellschaft, John Bean Technologies Corporation, Socio Unico, Market Ventures, Inc., and others.
These companies are focusing on numerous strategies, comprising acquisitions, mergers, and product launches, for strengthening their presence on the market. The industry is witnessing the increasing integration of connected technologies, including IoT and AI.
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Data Tables
TABLE 1. Bakery processing equipment industry 3600 synopsis, 2017 - 2027
TABLE 2. Bakery processing equipment market, 2017 - 2020 (USD Million, Units)
TABLE 3. Bakery processing equipment industry, 2021 – 2027 (USD Million, Units)
TABLE 4. Bakery processing equipment industry, by region, 2017 - 2020 (USD Million)
TABLE 5. Bakery processing equipment industry, by region, 2021 - 2027 (USD Million)
TABLE 6. Bakery processing equipment industry, by region, 2017 - 2020 (Units)
TABLE 7. Bakery processing equipment market, by region, 2021 - 2027 (Units)
TABLE 8. Bakery processing equipment industry, by type, 2017 - 2020 (USD Million)
TABLE 9. Bakery processing equipment market, by type, 2021 - 2027 (USD Million)
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