Bakery Processing Equipment Market Analysis

Bakery Processing Equipment Market Analysis

Due to their widespread use in baking and the increasing demand for baked goods, ovens & proofers held the top spot holding over 35% of bakery processing equipment market share in 2022 and is expected to generate revenue of over USD 6 billion by 2032. In addition, the advent of ovens with low energy consumption is anticipated to drive industry demand.

The market for bakery processing equipment is expected to benefit from the surge in product launches in the pastry product category. Pastry products need various operations, such as cutting, coating, slicing & heating, to add flavor, texture, and shelf life. The bakery & confectionery sector growth in Europe and other developed nations is also predicted to fuel the need for these equipment.
 

The APAC bakery processing equipment market share of 25% in 2022 and is estimated to amass revenue of over USD 8 billion by 2032. The regional industry is said to grow as most millennials prefer processed food products, the burgeoning middle class with increasing purchasing power, growing health awareness, and the rising interest of foreign investors in the region.
 

Growth prospects in China are projected to result from expanding industrialization, infrastructural improvement, and greater investments in the food & beverage sector. Thus, it is projected that throughout the projection period, rising GDP contributions from the industrial as well as food & beverage industries will propel the bakery processing equipment business expansion.