The bakery processing equipment market is estimated at USD 11.6 billion in 2021; it is projected to grow at a CAGR of 5.1% to reach USD 14.8 billion by 2026. The growth of the bakery processing equipment market is attributed to the increasing trade of food processing equipment among countries such as Mexico, Brazil, Argentina, the UAE, India, and China. Bakery processing equipment helps in transforming raw ingredients into baked items through various physical and chemical techniques.
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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.
The Bread segment is estimated to dominate the global bakery processing equipment market
By application, the bread segment is estimated to dominate the global 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.
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The mixers segment is estimated to account for the largest share in the market
By type, the mixers segment is estimated to account for the largest share in the 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.
