Bakery Processing Equipment Market is Expected to Grow at a CAGR of 5.73% | Competitive Outlook

The Bakery Processing Equipment Market projected be expanding at a CAGR of 5.73% from 2021 to 2028, when it is anticipated to reach USD 13.89 billion.

Bakery items including cookies, bread, pastries, donuts, pizza, cakes, and cookies are made using machinery used in bakeries. In the manufacturing process of various bakeries, several types of equipment are utilised for various operations, including mixing, baking, moulding, chilling, extruding, coating, and others. Bread slicers, bread systems, ovens and proofers, mixers, dividers and rounders, pan greasers, sheeters and moulders, and depositors are the tools used for these procedures.

The main drivers of the growth of the bakery processing equipment market are the increase in artisan bakeries and quick-service restaurants (QSRs), as well as the development of robotics and automation in baking operations.

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Some of the major players operating in this market are:

• GEA Group Aktiengesellschaft,
• Buhler AG,
• ALFA LAVAL,
• FRITSCH,
• Robert Bosch GmbH,
• RHEON Automatic Machinery co. ltd.,
• Markel Food Group (Markel Corporation),
• ANKO FOOD MACHINE CO., LTD.,
• Gemini Bakery Equipment Company,

Shifting preference towards multi-grain breads:

The consumption patterns of breads are changing owing to the changing consumer preferences as they are shifting away from the white breads towards more multigrain, wholegrain, specialty, ethnic and seeded breads. This changing pattern is driven by the consumer’s desire for nutritious and healthier products, freshness and also more complex flavor profiles.

Health and wellness are the new key factors for the bakery sector with companies manufacturing fortified and healthier products. The usages of lesser known grains such as millet and ragi have gained popularity among the baked products segment. Many companies are manufacturing multigrain breads owing to their increasing preference among the consumers. For instance, Britannia offers Nutrichoice range, multigrain range by GAIA and Unibic, Farmlite by Sunfeast, McVitie’s Digestive, Jorwekar Baking Company offers multigrain bread and wholemeal & oats breads and many others.

High fixed cost and maintenance of equipment:

The bakery processing equipment is expensive and is continuing to increase owing to the technological advancements in the equipment. The costs of the equipment would differ based on the processes and different features incorporated in it.

Nowadays various technologically advanced equipment are being developed by the companies such as the robotic systems due to which the prices of the machines will be higher owing to its developed features. As the prices of machines are high, many companies do not have enough investment for purchasing such costly machines to manufacture the bakery products.

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Opportunity:

Technological advancements and increasing research development in the food industry:

Innovations help in enhancing the production processes and extending the scope of new product advancements in the bakery processing equipment sector. The companies are continuously investing in the research and developmental activities for more innovations in the product line and technological developments in the equipment.

Robert Bosch GmbH (Germany) and ALFA LAVAL (Sweden) are among the major companies producing the bakery processing equipment and GEA Group Aktiengesellschaft (Germany), Candy Worx (U.S.) and The Middleby Corporation (U.S.) are among the other companies. These companies are adopting various strategies by investing in research and development activities of the companies such as product launch, collaboration, acquisition and partnership.

Challenge:

Lower shelf-life of the bakery products:

Bakery products act as an important part of the balanced diet and include a broad range of such products. This consists of unsweetened goods such as bread, rolls, muffins, bagels, buns and crumpets, sweet goods such as pancakes, waffles, cookies and doughnuts and filled goods such as fruit & meat pies, pastries, sandwiches, sausage rolls, pizza, quiche and cream cakes. However, the bakery products like various processed food products are subject to chemical, microbiological and physical spoilage.Access Full Report@
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