Bakery Processing Equipment Market

Bakery Processing Equipment Market by Type, Application (Bread, Cookies & Biscuits, Cakes & Pastries), End User (Foodservice Industry and Bakery Processing Industry), Function, Mode of Operation and Region - Global Forecast to 2026

Report Code: FB 4139 Jan, 2022, by marketsandmarkets.com

[285 Pages Report] According to MarketsandMarkets, the bakery processing equipment market is estimated to account for about USD 11.6 billion in 2021 and is projected to reach a value of nearly USD 14.8 billion by 2026, at a CAGR of 5.1%. The bakery processing equipment market is highly impacted by innovations, as manufacturers are always introducing new processing techniques to produce complex bakery products of different shapes and sizes, thereby focusing on catering to the increasing demand from the processed food industry and consumers. Development of new machinery and enhancement of the existing ones are the key strategies adopted by many players in the bakery processing equipment market. In addition, increasing focus on the expansion of facilities, marketing schemes, and information exchange programs to create awareness and enhance the applications of bakery processing equipment is projected to contribute to the growth of the market. The COVID-19 pandemic is projected to have a significant impact on the bakery processing equipment market, as it has highlighted the significance of safe, healthy, and nutritive eating. Food security, food safety, and food sustainability have been considerably affected during the COVID-19 pandemic. Consumer behaviour related to the food consumed saw sharp shifts, with a higher preference for safety and quality. These have further propelled the manufacturers to assess the safety parameters of their food products to be able to sustain their product values in the market.

Bakery Processing Equipment Market

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Impact of COVID-19 on bakery processing equipment market

COVID-19 has impacted the bakery processing equipment market, but there is no significant impact on the global operations and supply chain of their bakery processing equipment solution. Multiple manufacturing facilities of players are still in operation.

Market Dynamics

Drivers: Growth in the demand for convenience food products

The processed food market is driven by the increase in the need for convenience due to the busy customer lifestyles. Further, growth in per-capita income has resulted in greater demand for ready-to-eat and on-the-go food items. This, in turn, has led to an increase in demand for bakery products. The outlook on the growth of bakery processing equipment market is projected to remain positive due to the high growth in the bakery industry. 

Consumers are also benefited by the purchase of bakery products, as it is easy for them to use, consume, and store for a longer period of time. Consumer preferences in developing countries, such as China, India, Brazil, and the Middle East, have witnessed a gradual transition from traditional home-made breakfasts and snacking meals to ready-to-eat products over the last couple of decades. The convenience in the preparation of these food products helps to easily preserve the quality of bread, pizza, cakes, pastries and pies. These equipment innovations enable easy handling, extend the shelf life of the products, and impart better aesthetic properties and flavor characteristics to the end products. This has been contributing to the growth of the bakery processing equipment market

Restraints: Maintenance of wastewater in bakery production line

The bakery industry is one of the major food industries worldwide and varies widely in terms of production scale and process. The production by large plant bakers contributes more than 80% of the market’s supply, while other small scale bakers sell less than 5%. One of the important components in the maintenance of bakery processing equipments is water. During the manufacturing process, 40–508C hot water is mixed with detergents that is used to wash the baking plates, molds, and trays. It can be characterized as high loading, fluctuating flow and contains rich oil and grease. In addition, flour, oil, sugar, and yeast also form major components of waste.

Opportunities: Increasing demand for new products such as frozen bakery

Frozen bakery products have grown in popularity due to factors such as ease of preparation and time and cost efficiency that they provide to other institutional outlets. There is a rise in demand for different types of frozen bakery products, owing to their varying tastes and applicability in Quick Service Restaurants and food chains. The increasing variety of international specialties in domestic food markets is an emerging trend in the global frozen bread and bakery markets. Crossover bakery products are gaining popularity. Some of these products, such as frozen bread, are witnessing consumer preference over other frozen bakery products. The increasing popularity of frozen bakery products has also compelled manufacturers to boost production; it has also led to an increased demand for various types of bakery processing equipment.

Challenges: Competition from local manufacturers offering low-cost products

Competition from Asia-based manufacturers offering cheaper products is affecting the profits of high-end equipment manufacturers from the developed parts of the world. They now need to either cut down their profits so as to offer their products at competitive prices; or increase their production and sales, together with providing increased functionality in a minimal price so that bakery product manufacturers would be able to buy their products and could cut down the cost involved in installing new equipment without sacrificing on quality.

The Bread segment is estimated to dominate the global bakery processing equipment market in 2021

By application, the bread segment is estimated to dominate the global bakery processing equipment market in 2021. The bread segment is projected to witness significant growth due to the increasing preference for healthy bread, such as multi-grain and gluten-free bread. As customers are becoming more health-conscious, they are encouraged to opt for bakery products that are gluten-free and are low in carbohydrates, unlike the traditional white bread. Bread is considered a staple food in many countries worldwide.

The mixers segment is estimated to account for the largest share in the bakery processing equipment market in 2021

By type, the mixers segment is estimated to account for the largest share in the bakery processing equipment market in 2021. Industrial bakery mixer is one of the key equipment, which is used for producing bakery products such as bread, cakes, pastries, and other bakery related products. Dough mixing is one of the important processes in the production of bakery products and bread, which homogenizes and hydrates the ingredients in the dough. This directly affects the product quality of bakery products. The baking mixer is used to add volume to the mixed product or dough and mixes all the ingredients such as wheat, sugar, and baking flour. The baking equipment companies are focusing on utilizing innovative and new technologies for mixing the bread and bakery products in the European region.

Bakery Processing Equipment Market by Region

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The Asia Pacific market is projected to grow at the highest CAGR during the forecast period

The bakery processing equipment market in the Asia Pacific region is projected to grow rapidly due to the enhanced economic growth in the last decade.  The food industry has also played an important role in the region's economic development. Food consumption in the regions is also gradually increasing, owing to expanding population, rising income, and rapid urbanization. Students and professionals in metropolitan regions choose bakery products as snacks due to the hectic lifestyles of customers in countries such as China, India, Japan, Australia and New Zealand. Because of their superior quality and packaging, international bakery items have seen an increase in demand in China. These variables all contribute to the expansion of bread product markets.

Key Market Players:

Key players in this market include GEA Group (Germany), Bόhler (Switzerland), JBT Corporation (US), The Middleby Corporation (US), Heat and Control, Inc. (US), Rheon Automatic Machinery Co., Ltd (Japan), Ali Group (Italy), Baker Perkins (UK), Makel Food Group (US), Anko Food Machine Co., Ltd. (Taiwan), Gemini Bakery Equipment Company (US), Allied Bakery Equipment (US), Global Bakery Solutions (UK), Erica Record LLC (US), and Koenig Maschinen - The Bakers Crown (Austria).

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Scope of the Report

Report Metric

Details

Market size estimation

2016–2026

Base year considered

2020

Forecast period considered

2021–2026

Units considered

Value (USD)

Segments covered

Type, applications, end user, function, mode of operation and region

Regions covered

North America, Europe, Asia Pacific, and RoW

Companies studied

  • GEA Group AG (Germany)
  • Bόhler (Switzerland)
  • JBT Corporation (US)
  • The Middleby Corporation (US)
  • Heat and Control Inc.,(US)
  • Rheon Automatic Machinery co. ltd. (Japan)
  • Ali Group (Italy)
  • Baker Perkins (UK) 
  • Markel Food Group (UK)
  • Anko Food Machine co., ltd. (Taiwan)
  • Gemini Bakery Equipment (US)
  • Allied Bakery Equipment (US)
  • Global Bakery Solutions (UK)
  • Erika Record LLC (US)
  •  Koenig Maschinen - The Bakers Crown (Austria).
  • Zibo Taibo Industrial Co., Ltd (China)
  • Yash Food Equipment (India)
  • Kar Bakery Equipment’s India Pvt. Ltd (India)
  • Align Industry (India)
  • Falcon Food Equipment (India)

This research report categorizes the bakery processing equipment market based on type, application, end user, function, and region.

By Application

  • Bread
  • Cookies & biscuits
  • Cakes & pastries
  • Pizza crusts
  • Other applications*

*Other bakery products includes donuts, pretzels, and croissants

By Type

  • Mixers
  • Ovens & proofers
  • Slicers & dividers
  • Sheeters & molders
  • Depositors & Pan Greasers
  • Other types

Other types includes coating systems, stamping, cooling systems, sprayers, icing machine, refrigerator, piston filling injectors

By End User

By Mode of Operation

  • Automatic
  • Semi-automatic

By Function

  • Mixing
  • Extrusion
  • Baking
  • Enrobing
  • Molding
  • Cooling
  • Other functions

Other functions includes weighing and temperature.

By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)
    • South America
    • Middle East
    • Africa

Recent Developments

  • In April 2021, Heat and Control, Inc. announced the construction of a new manufacturing facility in Mexico. This new site would be the largest of Heat & Control properties, aiding the company’s growth.
  • In June 2021, AMF Tromp launched a smart applicator solution for pizza products. It deposits toppings such as cheese.
  • In January 2021 Bόhler and DIL Deutsches Institut fόr Lebensmitteltechnik e. V.research institute (Germany) teamed up to develop new production technologies for healthy and sustainable food products.
  • In December 2020, the Middleby corporation company completed its acquisition of the properties and assets used to conduct the business of United Foodservice Equipment Limited (China), a business that purchased and sold foodservice equipment located in Hong Kong, and its affiliate, Zhuhai United Foodservice Equipment Limited.
  • In November 2018, Rheon Automatic Machinery expanded its production facility center by opening a state-of-art manufacturing facility in New Jersey, US, with fully equipped large laboratory equipment.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 25)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
          FIGURE 1 BAKERY PROCESSING EQUIPMENT MARKET SEGMENTATION
           1.3.1 INCLUSIONS AND EXCLUSIONS
                    FIGURE 2 BAKERY PROCESSING EQUIPMENT MARKET: REGIONAL SCOPE
           1.3.2 PERIODIZATION CONSIDERED
    1.4 CURRENCY CONSIDERED
          TABLE 1 USD EXCHANGE RATES, 2017–2020
    1.5 STAKEHOLDERS
    1.6 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 31)
    2.1 RESEARCH DATA
          FIGURE 3 BAKERY PROCESSING EQUIPMENT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakdown of Primaries
                                FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
          FIGURE 7 DATA TRIANGULATION
    2.4 RESEARCH ASSUMPTIONS & LIMITATIONS
    2.5 RESEARCH LIMITATIONS
    2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
           2.6.1 SCENARIO-BASED MODELING
    2.7 COVID-19 HEALTH ASSESSMENT
          FIGURE 8 COVID-19: GLOBAL PROPAGATION
          FIGURE 9 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.8 COVID-19 ECONOMIC ASSESSMENT
          FIGURE 10 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           2.8.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
                    FIGURE 11 CRITERIA IMPACTING THE GLOBAL ECONOMY
                    FIGURE 12 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY

3 EXECUTIVE SUMMARY (Page No. - 45)
    FIGURE 13 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
    FIGURE 14 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2021 VS. 2026 (USD MILLION)
    FIGURE 15 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION)
    FIGURE 16 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021 VS. 2026 (USD MILLION)
    FIGURE 17 EUROPE DOMINATED THE BAKERY PROCESSING EQUIPMENT MARKET IN 2020

4 PREMIUM INSIGHTS (Page No. - 49)
    4.1 BRIEF OVERVIEW OF THE BAKERY PROCESSING EQUIPMENT MARKET
          FIGURE 18 EMERGING ECONOMIES PRESENT OPPORTUNITIES FOR MARKET GROWTH
    4.2 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET, BY TYPE AND COUNTRY
          FIGURE 19 MIXERS FORMED THE DOMINANT SEGMENT, IN TERMS OF VALUE, IN THE EUROPEAN BAKERY PROCESSING EQUIPMENT MARKET
    4.3 BAKERY PROCESSING EQUIPMENT MARKET, BY END USER
          FIGURE 20 BAKERY PROCESSING INDUSTRY SEGMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD
    4.4 BAKERY PROCESSING EQUIPMENT MARKET, BY APPLICATION AND REGION
          FIGURE 21 EUROPE LED THE BAKERY PROCESSING EQUIPMENT MARKET IN 2020
    4.5 BAKERY PROCESSING EQUIPMENT MARKET, BY REGION
          FIGURE 22 THE US ACCOUNTED FOR THE LARGEST SHARE OF THE GLOBAL BAKERY PROCESSING EQUIPMENT MARKET IN 2020
           4.5.1 COVID-19 IMPACT ON BAKERY PROCESSING EQUIPMENT MARKET
                    FIGURE 23 CHART OF PRE & POST COVID SCENARIO IN BAKERY PROCESSING EQUIPMENT MARKET

5 MARKET OVERVIEW (Page No. - 53)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
          FIGURE 24 BAKERY PROCESSING EQUIPMENT MARKET: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Rising number of artisan bakeries and QSRs
                                FIGURE 25 NORTH AMERICA: PROCESSED FOOD CONSUMPTION SHARE IN DIETS, 2019
                    5.2.1.2 Growth in the demand for convenience food products
                                FIGURE 26 FOOD PROCESSING INDUSTRY SALES, 2019 (USD BILLION)
                    5.2.1.3 Automation and robotics in bakery processing
                                FIGURE 27 IMPORT VALUE OF BAKERY OVENS, BY COUNTRY, 2017 (USD MILLION)
                    5.2.1.4 Shift in food preferences to change the market dynamics
                                FIGURE 28 SHARE OF DIETS FOLLOWED BY CONSUMERS IN 2020
           5.2.2 RESTRAINTS
                    5.2.2.1 High installation cost of equipment
                    5.2.2.2 Maintenance of wastewater in a bakery production line
                                TABLE 2 SUMMARY OF WASTE PRODUCTION FROM THE BAKERY INDUSTRY
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increase in demand for frozen bakery products
                    5.2.3.2 Expansion of production facilities to meet the rising demand
                    5.2.3.3 Government initiatives and investments to expand the processed food sector
                    5.2.3.4 Investments in technological upgradation
           5.2.4 CHALLENGES
                    5.2.4.1 Competition from local manufacturers offering low-cost products
                    5.2.4.2 Lack of infrastructural support in emerging markets
                    5.2.4.3 Fluctuation in the prices of raw material and energy

6 INDUSTRY TRENDS (Page No. - 60)
    6.1 INTRODUCTION
    6.2 VALUE CHAIN
          FIGURE 29 BAKERY PROCESSING EQUIPMENT MARKET: VALUE CHAIN ANALYSIS
           6.2.1 RESEARCH & DEVELOPMENT
           6.2.2 INPUTS
           6.2.3 PRODUCTION
           6.2.4 LOGISTICS & DISTRIBUTION
           6.2.5 MARKETING & SALES
           6.2.6 END-USER INDUSTRY
    6.3 MARKET ECOSYSTEM AND SUPPLY CHAIN
          FIGURE 30 RAW MATERIAL SUPPLIERS ARE A VITAL COMPONENT OF THE SUPPLY CHAIN
          TABLE 3 BAKERY PROCESSING EQUIPMENT MARKET: SUPPLY CHAIN (ECOSYSTEM)
           6.3.1 BAKERY PROCESSING EQUIPMENT: MARKET MAP
    6.4 TECHNOLOGY ANALYSIS
           6.4.1 AUTOMATION AND ROBOTICS IN BAKERY PROCESSING
           6.4.2 ARTIFICIAL INTELLIGENCE (AI) IN BAKERY PRODUCTION
           6.4.3 CONTINUOUS MIXING TECHNOLOGY
           6.4.4 OVEN TECHNOLOGY
    6.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
          FIGURE 31 REVENUE SHIFT FOR THE BAKERY PROCESSING EQUIPMENT MARKET
    6.6 PORTER’S FIVE FORCES ANALYSIS
           6.6.1 BAKERY PROCESSING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.6.2 THREAT OF NEW ENTRANTS
           6.6.3 THREAT OF SUBSTITUTES
           6.6.4 BARGAINING POWER OF SUPPLIERS
           6.6.5 BARGAINING POWER OF BUYERS
           6.6.6 INTENSITY OF COMPETITIVE RIVALRY
    6.7 TRADE ANALYSIS
          FIGURE 32 EXPORT VALUE OF BAKERY AND PASTA MAKING MACHINERY FOR TOP EXPORTERS, 2018–2019 (USD MILLION)
    6.8 PATENT ANALYSIS
          FIGURE 33 LIST OF TOP PATENTS IN THE MARKET, 2019–2021
          TABLE 4 LIST OF IMPORTANT PATENTS FOR BAKERY PROCESSING EQUIPMENT, 2017–2019
    6.9 REGULATORY FRAMEWORKS
           6.9.1 ASIA PACIFIC
           6.9.2 CHINA
           6.9.3 INDIA
           6.9.4 AUSTRALIA & NEW ZEALAND
           6.9.5 EUROPE
           6.9.6 NORTH AMERICA
           6.9.7 US
           6.9.8 CANADA
    6.10 CASE STUDIES
           6.10.1 EXPANSION OF ARTISAN BREAD PRODUCTION
           6.10.2 BISCUIT MANUFACTURING WITH EFFICIENT, COMPACT PACKAGING EQUIPMENT

7 BAKERY PROCESSING EQUIPMENT MARKET, BY TYPE (Page No. - 77)
    7.1 INTRODUCTION
          FIGURE 34 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD MILLION)
          TABLE 5 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
          TABLE 6 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
    7.2 COVID-19 IMPACT ON THE BAKERY PROCESSING EQUIPMENT MARKET, BY TYPE
          TABLE 7 OPTIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
          TABLE 8 REALISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
          TABLE 9 PESSIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
    7.3 MIXERS
           7.3.1 GROWING NEED FOR INNOVATIVE AND TECHNOLOGICALLY ADVANCED DOUGH IS DRIVING THE DEMAND
                    TABLE 10 MIXERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 11 MIXERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.4 OVENS & PROOFERS
           7.4.1 GROWING NEED FOR OVENS AND PROOFERS WITH LOW FUEL CONSUMPTION IS DRIVING INNOVATION
                    TABLE 12 OVENS & PROOFERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 13 OVENS & PROOFERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.5 SLICERS & DIVIDERS
           7.5.1 SLICERS & DIVIDERS ARE WITNESSING AN INCREASE IN DEMAND AS THEY PROVIDE HIGH-QUALITY PERFORMANCE DURING THE PRODUCTION OF FINE AND SMALL BAKERY PRODUCTS
                    TABLE 14 SLICERS & DIVIDERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 15 SLICERS & DIVIDERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.6 SHEETERS & MOLDERS
           7.6.1 ADVANCEMENTS IN TECHNOLOGIES HAVE ENCOURAGED THE DEVELOPMENT OF ENHANCED SHEETERS & MOLDERS FOR THE PREPARATION OF LARGE QUANTITIES OF BAKERY PRODUCTS
                    TABLE 16 SHEETERS & MOLDERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 17 SHEETERS & MOLDERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.7 DEPOSITORS & PAN-GREASERS
           7.7.1 INCREASED AUTOMATION AND CONSISTENT PRODUCT DEMAND DRIVE THE MARKET FOR DEPOSITORS & PAN-GREASERS
                    TABLE 18 DEPOSITORS & PAN GREASERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 19 DEPOSITORS & PAN GREASERS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.8 OTHER TYPES
          TABLE 20 OTHER TYPES: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
          TABLE 21 OTHER TYPES: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

8 BAKERY PROCESSING EQUIPMENT MARKET, BY APPLICATION (Page No. - 89)
    8.1 INTRODUCTION
          FIGURE 35 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021 VS. 2026 (USD MILLION)
          TABLE 22 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
          TABLE 23 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
    8.2 COVID-19 IMPACT ON THE BAKERY PROCESSING EQUIPMENT MARKET, BY APPLICATION
          TABLE 24 OPTIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
          TABLE 25 REALISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
          TABLE 26 PESSIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
    8.3 BREAD
           8.3.1 CHANGING LIFESTYLES OF CONSUMERS AND INCREASING DEMAND FOR BREAD AND RELATED BAKERY PRODUCTS IN ASIA PACIFIC ARE DRIVING THE MARKET
                    TABLE 27 BREAD: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 28 BREAD: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.4 COOKIES & BISCUITS
           8.4.1 PRODUCT INNOVATIONS AND ENHANCEMENT OF EQUIPMENT ARE RESPONSIBLE FOR THE INCREASED MARKET SHARE OF COOKIES & BISCUITS
                    TABLE 29 COOKIES & BISCUITS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 30 COOKIES & BISCUITS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.5 CAKES & PASTRIES
           8.5.1 RISING DEMAND FOR CUSTOMIZED CAKES AND INCREASED PENETRATION OF KEY PLAYERS HAVE LED TO AN INCREASE IN DEMAND FROM DEVELOPING COUNTRIES
                    TABLE 31 CAKES & PASTRIES: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 32 CAKES & PASTRIES: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.6 PIZZA CRUSTS
           8.6.1 ADVANCEMENTS AND INNOVATIONS IN PIZZA CRUST EQUIPMENT CATER TO THE GROWING CONSUMER DEMAND FOR CUSTOMIZED AND DIFFERENT VARIETIES OF PIZZA CRUSTS
                    TABLE 33 PIZZA CRUSTS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 34 PIZZA CRUSTS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    8.7 OTHER APPLICATIONS
          TABLE 35 OTHER APPLICATIONS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
          TABLE 36 OTHER APPLICATIONS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

9 BAKERY PROCESSING EQUIPMENT MARKET, BY FUNCTION (Page No. - 100)
    9.1 INTRODUCTION
          FIGURE 36 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2021 VS. 2026 (USD MILLION)
          TABLE 37 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
          TABLE 38 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
    9.2 COVID-19 IMPACT ON THE BAKERY PROCESSING EQUIPMENT MARKET, BY FUNCTION
          TABLE 39 OPTIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2018–2021 (USD MILLION)
          TABLE 40 REALISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2018–2021 (USD MILLION)
          TABLE 41 PESSIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2018–2021 (USD MILLION)
    9.3 MIXING
           9.3.1 FAST-GROWING ECONOMIES PRESENT OPPORTUNITIES TO THE MARKET
                    TABLE 42 MIXING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 43 MIXING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.4 EXTRUSION
           9.4.1 INDUSTRY REQUIRES HIGH-QUALITY AND RELIABLE EQUIPMENT FOR EXTRUSION
                    TABLE 44 EXTRUSION: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 45 EXTRUSION: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.5 MOLDING
           9.5.1 ADVANCEMENTS IN TECHNOLOGIES HAVE ENCOURAGED THE DEVELOPMENT OF VARIOUS MOLDING TECHNIQUES
                    TABLE 46 MOLDING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 47 MOLDING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.6 BAKING
           9.6.1 BAKING HAS FUELED THE GROWTH OF OVENS WORLDWIDE
                    TABLE 48 BAKING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 49 BAKING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.7 ENROBING
           9.7.1 CONSUMPTION OF CHOCOLATE-BASED PRODUCTS TO CREATE A MARKET FOR ENROBING
                    TABLE 50 ENROBING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 51 ENROBING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.8 COOLING
           9.8.1 COOLING PLAYS A VITAL ROLE IN REDUCING THE WEIGHT OF BAKERY PRODUCTS
                    TABLE 52 COOLING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 53 COOLING: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    9.9 OTHER FUNCTIONS
           9.9.1 WEIGHING BRINGS THE CONSISTENCY IN PRODUCTION, WHILE TEMPERATURE IS A KEY PARAMETER IN BAKING
                    TABLE 54 OTHER FUNCTIONS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 55 OTHER FUNCTIONS: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

10 BAKERY PROCESSING EQUIPMENT MARKET, BY END USER (Page No. - 111)
     10.1 INTRODUCTION
             FIGURE 37 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2021 VS. 2026 (USD MILLION)
             TABLE 56 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2016–2020 (USD MILLION)
             TABLE 57 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2021–2026 (USD MILLION)
     10.2 COVID-19 IMPACT ON THE BAKERY PROCESSING EQUIPMENT MARKET, BY END USER
             TABLE 58 OPTIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
             TABLE 59 REALISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
             TABLE 60 PESSIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
     10.3 FOODSERVICE INDUSTRY
             10.3.1 FOODSERVICE INDUSTRY DOMINATED THE BAKERY PROCESSING EQUIPMENT MARKET IN THE EUROPEAN AND ASIA PACIFIC REGIONS
                        TABLE 61 BAKERY PROCESSING EQUIPMENT MARKET SIZE IN THE FOODSERVICE INDUSTRY, BY REGION, 2016–2020 (USD MILLION)
                        TABLE 62 BAKERY PROCESSING EQUIPMENT MARKET SIZE IN THE FOODSERVICE INDUSTRY, BY REGION, 2021–2026 (USD MILLION)
     10.4 BAKERY PROCESSING INDUSTRY
             10.4.1 GROWING NEED FOR CUSTOMIZED BAKERY FOOD PRODUCTS IS EXPECTED TO PRESENT OPPORTUNITIES FOR INNOVATIVE BAKERY TECHNOLOGIES
                        TABLE 63 BAKERY PROCESSING EQUIPMENT MARKET SIZE IN THE BAKERY PROCESSING INDUSTRY, BY REGION, 2016–2020 (USD MILLION)
                        TABLE 64 BAKERY PROCESSING EQUIPMENT MARKET SIZE IN THE BAKERY PROCESSING INDUSTRY, BY REGION, 2021–2026 (USD MILLION)

11 BAKERY PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION (Page No. - 117)
     11.1 INTRODUCTION
             FIGURE 38 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021 VS. 2026 (USD MILLION)
             TABLE 65 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
             TABLE 66 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
     11.2 COVID-19 IMPACT ON THE BAKERY PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION
             TABLE 67 OPTIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
             TABLE 68 REALISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
             TABLE 69 PESSIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
     11.3 SEMI-AUTOMATIC
             11.3.1 HIGH INSTALLATION AND MAINTENANCE COST OF AUTOMATED EQUIPMENT FUELS THE MARKET FOR SEMI-AUTOMATIC EQUIPMENT IN DEVELOPING COUNTRIES
                        TABLE 70 SEMI-AUTOMATIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                        TABLE 71 SEMI-AUTOMATIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     11.4 AUTOMATIC
             11.4.1 TIME-SAVING AND EFFICIENCY DRIVE THE AUTOMATION MARKET
                        TABLE 72 AUTOMATIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                        TABLE 73 AUTOMATIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

12 BAKERY PROCESSING EQUIPMENT MARKET, BY REGION (Page No. - 123)
     12.1 INTRODUCTION
             FIGURE 39 INDIA TO RECORD THE FASTEST GROWTH RATE DURING THE FORECAST PERIOD IN THE BAKERY PROCESSING EQUIPMENT MARKET
             TABLE 74 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
             TABLE 75 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     12.2 COVID-19 IMPACT ON THE BAKERY PROCESSING EQUIPMENT MARKET, BY REGION
             TABLE 76 OPTIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
             TABLE 77 REALISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
             TABLE 78 PESSIMISTIC SCENARIO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
     12.3 NORTH AMERICA
             TABLE 79 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
             TABLE 80 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
             TABLE 81 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
             TABLE 82 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             TABLE 83 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
             TABLE 84 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             TABLE 85 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2016–2020 (USD MILLION)
             TABLE 86 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2021–2026 (USD MILLION)
             TABLE 87 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
             TABLE 88 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             TABLE 89 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
             TABLE 90 NORTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
             12.3.1 US
                        12.3.1.1 The US accounted for the largest market share in North America
                                     TABLE 91 US: BAKERY PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 92 US: BAKERY PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 93 US: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 94 US: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             12.3.2 CANADA
                        12.3.2.1 Canada is projected to be the fastest-growing market in North America
                                     TABLE 95 CANADA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 96 CANADA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 97 CANADA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 98 CANADA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             12.3.3 MEXICO
                        12.3.3.1 Bakery processing equipment market in Mexico is growing due to the increasing demand for frozen bakery products
                                     TABLE 99 MEXICO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 100 MEXICO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 101 MEXICO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 102 MEXICO: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
     12.4 EUROPE
             FIGURE 40 NUMBER OF COMPANIES IN THE FOOD AND DRINK INDUSTRY SECTOR (2018, %)
             FIGURE 41 EUROPE: MARKET SNAPSHOT
             TABLE 103 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
             TABLE 104 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
             TABLE 105 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
             TABLE 106 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             TABLE 107 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
             TABLE 108 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             TABLE 109 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2016–2020 (USD MILLION)
             TABLE 110 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2021–2026 (USD MILLION)
             TABLE 111 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
             TABLE 112 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             TABLE 113 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
             TABLE 114 EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
             12.4.1 GERMANY
                        12.4.1.1 Germany dominated the Asia Pacific bakery processing equipment market
                                     FIGURE 42 EXPORT OF BAKERY EQUIPMENT FROM GERMANY, 2018 (USD THOUSAND)
                                     TABLE 115 GERMANY: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 116 GERMANY: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 117 GERMANY: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 118 GERMANY: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             12.4.2 UK
                        12.4.2.1 Trend of home bakeries has driven the sales of bakery equipment in the UK
                                     FIGURE 43 MARKET SHARE OF UK BREAD PRODUCTION, 2020 (BY VOLUME %)
                                     TABLE 119 UK: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 120 UK: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 121 UK: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 122 UK: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             12.4.3 FRANCE
                        12.4.3.1 French bakery processing equipment market is projected to witness significant growth due to high investments
                                     FIGURE 44 TURNOVER OF MAJOR EUROPEAN COUNTRIES FOR THE FOOD & DRINK SECTOR, 2019 (EUR BILLION)
                                     TABLE 123 FRANCE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 124 FRANCE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 125 FRANCE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 126 FRANCE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             12.4.4 ITALY
                        12.4.4.1 Bakery processing equipment market in Italy is driven by increasing sales of biscuits and crackers in the country
                                     TABLE 127 ITALY: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 128 ITALY: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 129 ITALY: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 130 ITALY: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             12.4.5 SPAIN
                        12.4.5.1 Bakery processing equipment market in Spain is projected to grow at the highest CAGR in Europe
                                     TABLE 131 SPAIN: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 132 SPAIN: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 133 SPAIN: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 134 SPAIN: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             12.4.6 RUSSIA
                        12.4.6.1 Bakery processing market in Russia is driven by the growing retail sector
                                     TABLE 135 RUSSIA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 136 RUSSIA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                                     TABLE 137 RUSSIA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 138 RUSSIA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             12.4.7 REST OF EUROPE
                        TABLE 139 REST OF EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                        TABLE 140 REST OF EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
                        TABLE 141 REST OF EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                        TABLE 142 REST OF EUROPE: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
     12.5 ASIA PACIFIC
             FIGURE 45 ASIA PACIFIC: MARKET SNAPSHOT
             TABLE 143 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
             TABLE 144 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
             TABLE 145 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
             TABLE 146 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             TABLE 147 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
             TABLE 148 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             TABLE 149 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2016–2020 (USD MILLION)
             TABLE 150 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2021–2026 (USD MILLION)
             TABLE 151 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
             TABLE 152 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             TABLE 153 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
             TABLE 154 ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
             12.5.1 CHINA
                        12.5.1.1 China dominated the Asia Pacific bakery processing equipment market
                                     TABLE 155 CHINA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 156 CHINA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                                     TABLE 157 CHINA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 158 CHINA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.2 INDIA
                        12.5.2.1 Growing consumer awareness regarding high-quality and premium bakery products drives the growth of the bakery processing equipment market in the country
                                     TABLE 159 INDIA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 160 INDIA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                                     TABLE 161 INDIA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 162 INDIA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.3 JAPAN
                        12.5.3.1 Increase in demand for premium bakery products and relatively low competition to drive the demand for bakery products in Japan
                                     TABLE 163 JAPAN: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 164 JAPAN: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                                     TABLE 165 JAPAN: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 166 JAPAN: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.4 AUSTRALIA & NEW ZEALAND
                        12.5.4.1 Consumption of ready-to-eat foods is increasing in these regions
                                     TABLE 167 AUSTRALIA & NEW ZEALAND: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 168 AUSTRALIA & NEW ZEALAND: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                                     TABLE 169 AUSTRALIA & NEW ZEALAND: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 170 AUSTRALIA & NEW ZEALAND: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.5 SOUTH KOREA
                        12.5.5.1 Evolving landscape in South Korea’s food culture is driving the market
                                     TABLE 171 SOUTH KOREA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 172 SOUTH KOREA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                                     TABLE 173 SOUTH KOREA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 174 SOUTH KOREA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.5.6 REST OF ASIA PACIFIC
                        TABLE 175 REST OF ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                        TABLE 176 REST OF ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                        TABLE 177 REST OF ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                        TABLE 178 REST OF ASIA PACIFIC: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
     12.6 REST OF THE WORLD (ROW)
             TABLE 179 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
             TABLE 180 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
             TABLE 181 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
             TABLE 182 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
             TABLE 183 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
             TABLE 184 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             TABLE 185 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2016–2020 (USD MILLION)
             TABLE 186 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY END USER, 2021–2026 (USD MILLION)
             TABLE 187 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
             TABLE 188 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
             TABLE 189 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2016–2020 (USD MILLION)
             TABLE 190 ROW: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY FUNCTION, 2021–2026 (USD MILLION)
             12.6.1 SOUTH AMERICA
                        12.6.1.1 South America projected to dominate the RoW bakery processing equipment market
                                     TABLE 191 SOUTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 192 SOUTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                                     TABLE 193 SOUTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 194 SOUTH AMERICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.6.2 MIDDLE EAST
                        12.6.2.1 Increase in demand for customized bakery products to drive the growth of the bakery processing equipment market in the Middle East
                                     TABLE 195 MIDDLE EAST: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 196 MIDDLE EAST: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                                     TABLE 197 MIDDLE EAST: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 198 MIDDLE EAST: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             12.6.3 AFRICA
                        12.6.3.1 Manufacture of baked goods is growing in African countries
                                     TABLE 199 AFRICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
                                     TABLE 200 AFRICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
                                     TABLE 201 AFRICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                     TABLE 202 AFRICA: BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)

13 COMPETITIVE LANDSCAPE (Page No. - 195)
     13.1 OVERVIEW
     13.2 MARKET SHARE ANALYSIS, 2020
             TABLE 203 BAKERY PROCESSING EQUIPMENT MARKET: DEGREE OF COMPETITION (CONSOLIDATED)
     13.3 KEY PLAYER STRATEGIES
     13.4 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS
             FIGURE 46 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET, 2018–2020 (USD BILLION)
     13.5 COVID-19-SPECIFIC COMPANY RESPONSE
     13.6 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
             13.6.1 STARS
             13.6.2 EMERGING LEADERS
             13.6.3 PERVASIVE PLAYERS
             13.6.4 PARTICIPANTS
                        FIGURE 47 BAKERY PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020 (KEY PLAYERS)
             13.6.5 PRODUCT FOOTPRINT
                        TABLE 204 COMPANY PRODUCT TYPE FOOTPRINT
                        TABLE 205 COMPANY APPLICATION FOOTPRINT
                        TABLE 206 COMPANY REGIONAL FOOTPRINT
                        TABLE 207 OVERALL COMPANY FOOTPRINT
     13.7 BAKERY PROCESSING EQUIPMENT, START-UP/SME EVALUATION QUADRANT, 2020
             13.7.1 PROGRESSIVE COMPANIES
             13.7.2 STARTING BLOCKS
             13.7.3 RESPONSIVE COMPANIES
             13.7.4 DYNAMIC COMPANIES
                        FIGURE 48 BAKERY PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020 (START-UP/SME)
     13.8 PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS
             13.8.1 PRODUCT LAUNCHES
                        TABLE 208 PRODUCT LAUNCHES, AUGUST 2018–JUNE 2021
             13.8.2 DEALS
                        TABLE 209 DEALS, FEBRUARY 2019–JANUARY 2021
             13.8.3 OTHERS
                        TABLE 210 OTHERS, NOVEMBER 2018–AUGUST 2021

14 COMPANY PROFILES (Page No. - 210)
(Business overview, Products offered, Recent developments & MnM View)*
     14.1 KEY PLAYERS
             14.1.1 GEA GROUP
                        TABLE 211 GEA GROUP: BUSINESS OVERVIEW
                        FIGURE 49 GEA GROUP: COMPANY SNAPSHOT
                        TABLE 212 GEA GROUP: PRODUCTS OFFERED
             14.1.2 BάHLER
                        TABLE 213 BάHLER: BUSINESS OVERVIEW
                        FIGURE 50 BάHLER: COMPANY SNAPSHOT
                        TABLE 214 BάHLER: PRODUCTS OFFERED
                        TABLE 215 BάHLER: DEALS
                        TABLE 216 BάHLER: OTHERS
             14.1.3 THE MIDDLEBY CORPORATION
                        TABLE 217 THE MIDDLEBY CORPORATION: BUSINESS OVERVIEW
                        FIGURE 51 THE MIDDLEBY CORPORATION: COMPANY SNAPSHOT
                        TABLE 218 THE MIDDLEBY CORPORATION: PRODUCTS OFFERED
                        TABLE 219 THE MIDDLEBY CORPORATION: DEALS
             14.1.4 JBT
                        TABLE 220 JBT: BUSINESS OVERVIEW
                        FIGURE 52 JBT: COMPANY SNAPSHOT
                        TABLE 221 JBT: PRODUCTS OFFERED
             14.1.5 HEAT AND CONTROL INC.
                        TABLE 222 HEAT & CONTROL INC.: BUSINESS OVERVIEW
                        TABLE 223 HEAT & CONTROL INC.: PRODUCTS OFFERED
                        TABLE 224 HEAT & CONTROL INC.: EXPANSION
             14.1.6 RHEON AUTOMATIC MACHINERY CO., LTD
                        TABLE 225 RHEON AUTOMATIC MACHINERY CO., LTD: BUSINESS OVERVIEW
                        TABLE 226 RHEON AUTOMATIC MACHINERY CO., LTD: PRODUCTS OFFERED
                        TABLE 227 RHEON AUTOMATIC MACHINERY CO., LTD: EXPANSION
             14.1.7 ALI GROUP
                        TABLE 228 ALI GROUP: BUSINESS OVERVIEW
                        TABLE 229 ALI GROUP: PRODUCTS OFFERED
             14.1.8 BAKER PERKINS
                        TABLE 230 BAKER PERKINS: BUSINESS OVERVIEW
                        TABLE 231 BAKER PERKINS: PRODUCTS OFFERED
                        TABLE 232 BAKER PERKINS: PRODUCT LAUNCHES
             14.1.9 MARKEL FOOD GROUP
                        TABLE 233 MARKEL FOOD GROUP: BUSINESS OVERVIEW
                        FIGURE 53 MARKEL FOOD GROUP: COMPANY SNAPSHOT
                        TABLE 234 MARKEL FOOD GROUP: PRODUCTS OFFERED
                        TABLE 235 MARKEL FOOD GROUP: DEAL
                        TABLE 236 MARKEL FOOD GROUP: NEW PRODUCT LAUNCHES
             14.1.10 ANKO FOOD MACHINE CO., LTD
                        TABLE 237 ANKO FOOD MACHINE CO., LTD: BUSINESS OVERVIEW
                        TABLE 238 ANKO FOOD MACHINE CO., LTD: PRODUCTS OFFERED
             14.1.11 GEMINI BAKERY EQUIPMENT COMPANY
                        TABLE 239 GEMINI BAKERY EQUIPMENT COMPANY: BUSINESS OVERVIEW
                        TABLE 240 GEMINI BAKERY EQUIPMENT COMPANY.: PRODUCTS OFFERED
             14.1.12 ALLIED BAKERY EQUIPMENT
                        TABLE 241 ALLIED BAKERY EQUIPMENT: BUSINESS OVERVIEW
                        TABLE 242 ALLIED BAKERY EQUIPMENT: PRODUCTS OFFERED
             14.1.13 GLOBAL BAKERY SOLUTIONS
                        TABLE 243 GLOBAL BAKERY SOLUTIONS: BUSINESS OVERVIEW
                        TABLE 244 GLOBAL BAKERY SOLUTIONS: PRODUCTS OFFERED
             14.1.14 ERIKA RECORD LLC
                        TABLE 245 ERICA RECORD LLC: BUSINESS OVERVIEW
                        TABLE 246 ERICA RECORD LLC.: PRODUCTS OFFERED
             14.1.15 KOENIG MASCHINEN – THE BAKER'S CROWN
                        TABLE 247 KOENING MASCHINEN – THE BAKER’S CROWN: BUSINESS OVERVIEW
                        TABLE 248 KOENING MASCHINEN: PRODUCTS OFFERED
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     14.2 OTHER PLAYERS/START-UPS
             14.2.1 ZIBO TAIBO INDUSTRIAL CO., LTD
             14.2.2 YASH FOOD EQUIPMENT
             14.2.3 KAR BAKERY EQUIPMENT INDIA PVT LTD: KAROVENS
             14.2.4 ALIGN INDUSTRY
             14.2.5 FALCON FOOD EQUIPMENT

15 ADJACENT AND RELATED MARKETS (Page No. - 272)
     15.1 INTRODUCTION
             TABLE 249 ADJACENT MARKETS TO BAKERY PROCESSING EQUIPMENT
     15.2 LIMITATIONS
     15.3 CONFECTIONERY PROCESSING EQUIPMENT MARKET
             15.3.1 MARKET DEFINITION
             15.3.2 MARKET OVERVIEW
                        TABLE 250 CONFECTIONERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
     15.4 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET
             15.4.1 MARKET DEFINITION
             15.4.2 MARKET OVERVIEW
                        TABLE 251 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2023 (USD BILLION)
     15.5 PREPARED FOOD EQUIPMENT MARKET
             15.5.1 MARKET DEFINITION
             15.5.2 MARKET OVERVIEW
                        TABLE 252 PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)

16 APPENDIX (Page No. - 276)
     16.1 DISCUSSION GUIDE
     16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     16.3 AVAILABLE CUSTOMIZATIONS
     16.4 RELATED REPORTS
     16.5 AUTHOR DETAILS

The study involves four major activities to estimate the current market size for the bakery processing equipment market. Exhaustive secondary research was done to collect information on the market as well as its peer and parent markets. The findings, assumptions, and market size were validated with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakdown and data triangulation were used to estimate the market size of the segments and subsegments.

Secondary Research

In the secondary research process, various sources were referred to in order to identify and collect information. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, patent databases, gold & silver standard websites, food & beverage organizations, news articles, regulatory bodies, trade directories, and databases. The secondary research was used mainly to obtain key information about the industry’s supply chain, distribution channels, the total pool of key players, market classification, and segmentation, according to the industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives.

Primary Research

The bakery processing equipment market comprises several stakeholders in the supply chain, which include manufacturers of bakery processing equipment, suppliers, foodservice companies, bakery manufacturing companies, and regulatory organizations. Extensive primary research was conducted after obtaining information about the bakery processing equipment market scenario through secondary research. Several primary interviews have been conducted with experts from the demand side (manufacturing companies, food processing companies, and government organizations) and supply side (suppliers and distributors, contractors, and supply chain vendors) across five major regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Approximately 70% and 30% of the primary interviews were conducted from the demand and supply sides, respectively. This primary data was collected through questionnaires, e-mails, and telephonic interviews.

Given below is the breakdown of the primary respondents.

Bakery Processing Equipment Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the bakery processing equipment market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology was used to estimate the market size, which includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value and volume, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.

Target Audience:

  • Government organizations
  • Service providing company officials
  • Government and research organizations
  • Research officers
  • CEOs and vice presidents
  • Marketing directors
  • Product innovation directors and related key executives from manufacturing companies and organizations operating in the market
  • Manufacturing and marketing companies

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and to arrive at the exact statistics for each market segment and subsegment, data triangulation and market breakdown procedures were employed. The data was triangulated by studying various factors and trends from both the demand and supply sides in the bakery processing industry. In addition, the market size was validated using both top-down and bottom-up approaches. It was then verified through primary interviews. Hence, three approaches were adopted—top-down approach, bottom-up approach, and the one involving expert interviews. Only when the values arrived at from the three points match, the data is assumed to be correct.

Report Objectives

  • To define, segment, and project the global market size for bakery processing equipment
  • To understand the structure of the bakery processing equipment market by identifying its various subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
  • To project the size of the market and its submarkets, in terms of value, with respect to the five regions (along with their respective key countries) 
  • To profile the key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify the major growth strategies adopted by players across key regions
  • To analyze competitive developments such as expansions & investments, new product launches, mergers & acquisitions, collaborations, and agreements

Available Customizations

Based on the given market data, MarketsandMarkets offers customizations in the reports according to client-specific requirements. The available customization options are as follows:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the Rest of Europe bakery processing equipment market
  • Further breakdown of the Rest of Asia Pacific bakery processing equipment market

Company Information

  • Detailed analysis and profiling of additional market players (up to five)
Report Code
FB 4139
Published ON
Jan, 2022
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