The bakery processing equipment market is estimated to account for nearly USD 11.6 billion in 2021 and is projected to reach a value of nearly USD 14.8 billion by 2026, growing at a CAGR of 5.1% from 2021. The demand for bakery processing equipment’s is increasing significantly, due to the increasing consumption of bakery products in developing countries such as China, India, South Africa and Brazil.
Key players in this market include GEA Group (Germany), Bühler (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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The companies are focusing on offering a diverse range of bakery processing equipment technologies that comply with government regulations and policies across regions. For example, in August 2021 Heat and Control, Inc. announced the construction of a new facility in Lancaster, Pennsylvania, US. This new site would expand support for the North American manufacturing industry. Additionally, in august 2019 Baker Perkins launched a new cookie weight control technology. It launched this product for its wire-cut machines, which would provide significant potential for improved profitability on cookies and bars. The new product, TruWeight, would assist the weight control system for wire-cuts, reducing variations in cookie piece weights.
The GES Group is involved in the creation, innovation, and marketing of a variety of bakery solutions. Business area equipment’s and business area solutions are the two business segments in which the company operates. GEA Group is increasing its process technology capabilities over the world by implementing strategies such as new product launches, expansions, and acquisitions. The business sells baking equipment such as baking tunnel ovens, depanners, depositors, dough feeding systems, freezing & cooling systems, handling systems, pie making systems, piston filling injectors, rotary molder, and sheeting lines. As a multinational technology firm, the company focuses on expanding into new markets in emerging and developing countries.
Buhler specializes in industrial solutions for processed and commodity foods, die casting, renewable energy, and feed. Grain & food and advanced materials are Buhler’s two business segments. The company manufactures and sells food and chemical processing, die casting, and material handling machinery through its subsidiaries. It has products for milling, grinding, mixing, wet grinding, extrusion & dough preparations, and ingredient handling among other industrial applications. Mechanical and thermal process engineering are the companys primary technologies. Industrial services, such as machine repair, strategic consulting, process plant optimization services, energy consulting, and manufacturing & logistics services are also available from Buhler. The business operates in 140 countries throughout the world.
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
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