The industrial bakery processing equipment market will grow by 6.6% between 2022 and 2023; Information about the main countries such as Japan, among others

NY, January 25, 2023 /PRNewswire/ — Japan is one of the world leaders in the industrial machinery and equipment industries. The central areas in from Japan manufacturing sector are consumer electronics, automobile manufacturing, semiconductor manufacturing, and fiber optics, among others. Demand will continue to grow Japan in the future as current market developments demonstrate a significant increase in demand for advanced technology-based machinery, To know more – Buy the Report!

Technavio has announced its latest market research report titled Global Industrial Bakery Processing Equipment Market 2023-2027.

Technavio has announced its latest market research report titled Global Industrial Bakery Processing Equipment Market 2023-2027.

He global industrial bakery processing equipment market it is estimated that grow at a CAGR of 6.84% between 2022 and 2027. The market size is forecast to increase by USD 3,315.12 million. Market growth is dependent on service factors, including an increase in demand for frozen bakery products, expansion of bakery processing plants, and the development of new designs that allow for equipment flexibility. However, the existing market for used and refurbished equipment may impede market growth.

The slowdown in the manufacturing industry, the escalating trade war between the US and Porcelain, and the impact of the COVID-19 pandemic hampered industrial production globally. Major manufacturing companies witnessed a decline in demand for industrial machinery and have embraced cyclical production to align production with demand. Industries such as oil and gas, automotive, chemical and petrochemical, and aerospace, which are the main end-users of industrial machinery, have announced drastic measures to overcome the imbalance between supply and demand. This cyclical production cycle and the slowdown in demand for industrial machinery impacted CAPEX at new manufacturing facilities, hindering demand for industrial machinery. In addition, the prevalence of COVID-19 drastically impacted the growth of the global industrial machinery market in 2020 and mid-2021. Most of the major manufacturing activities globally stagnated in the first half of 2020 due to the increase in cases of COVID-19. COVID-19. Therefore, the demand for industrial machinery is expected to experience slow growth during the forecast period.

The Technavio report extensively covers market segmentation by final user (bakery processing industry and food service industry), product (ovens and proofers, mixers and blenders, laminators and molders, dividers and rounders, and others), and geography (Europe, North AmericaAPAC, South AmericaY middle East Y Africa).

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographic expansion, and product/service launches, to enhance their market presence. The report also includes in-depth analysis of the competitive market landscape and information on 15 market vendors, Ali Group Srl, Allied Bakery Equipment and Machine Co. Inc., ANKO Food Machine Co. Ltd., Buhler AG, Colom Bakery Equipment SL, Erika record LLC, FRITSCH Bakery Technologies GmbH and Co. KG, GEA Group AG, Gemini Bakery Equipment Co., Global Bakery Solutions Ltd., Heat and Control Inc., Industrial Bakery Line Srl, John Bean Technologies Corp., Koenig Maschinen GmbH, Markel Corp., Peerless Food Equipment, Rademaker BV, Schenck Process Holding GmbH, The Middleby Corp., and Wilkinson Baking Co., among others. To know the offers of the suppliers: Request a sample now!

Industrial Bakery Processing Equipment Market 2023-2027: Key Aspects

  • Market CAGR during the forecast period 2023-2027

  • Detailed information on the factors that will help the growth of the industrial bakery processing equipment market during the next five years.

  • Estimation of the market size of industrial bakery processing equipment and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the industrial bakery processing equipment market.

  • Analysis of the competitive landscape of the market and detailed information about the vendors.

  • Comprehensive details of factors that will challenge the growth of industrial bakery processing equipment market vendors

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Scope of the industrial bakery processing equipment market

Report Coverage

Details

Page number

168

base year

2022

Historical period

2017-2021

forecast period

2023-2027

Growth momentum and CAGR

Accelerate at a CAGR of 6.84%

Market growth 2023-2027

$3,315.12 million

Market structure

Fragmented

Year-on-year growth 2022-2023 (%)

6.6

regional analysis

Europe, North America, APAC, South America, and the Middle East and Africa

Contribution to the real market

North America at 31%

key countries

United States, China, Japan, Italy and Germany

competitive landscape

Leading vendors, vendor market positioning, competitive strategies, and industry risks

Key companies profiled

Ali Group Srl, Allied Bakery Equipment and Machine Co. Inc., ANKO Food Machine Co. Ltd., Buhler AG, Colom Bakery Equipment SL, Erika record LLC, FRITSCH Bakery Technologies GmbH and Co. KG, GEA Group AG, Gemini Bakery Equipment Co., Global Bakery Solutions Ltd., Heat and Control Inc., Industrial Bakery Line Srl, John Bean Technologies Corp., Koenig Maschinen GmbH, Markel Corp., Peerless Food Equipment, Rademaker BV, Schenck Process Holding GmbH, The Middleby Corp. and Wilkinson Baking Co.

Market dynamics

Analysis of the main market, drivers and obstacles of market growth, analysis of fast and slow growth segments, analysis of impact and recovery of COVID 19 and future consumer dynamics, analysis of market condition for the forecast period

scope of customization

If our report didn’t include the data you’re looking for, you can contact our analysts and get custom segments.

Table of Contents:

1. Executive Summary

2 Market overview

3 Market size

4 Historical market size

5 Five Forces Analysis

6 Market segmentation by end user

7 Market segmentation by product

8 Customer Overview

9 Geographic Landscape

10 drivers, challenges and trends

11 Supplier Landscape

12 Vendor Analysis

13 Appendix

About us
Technavio is a world leading technology research and advisory company. His research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies and spanning 50 countries. Its client base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market insights to identify opportunities in existing markets and potentials and assess their competitive positions within changing market scenarios.

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Global Industrial Bakery Processing Equipment Market 2023-2027

Global Industrial Bakery Processing Equipment Market 2023-2027

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