Global Bakery Processing Equipment Market to Reach $24.5 Billion by 2030
The global market for Bakery Processing Equipment estimated at US$14.6 Billion in the year 2022, is projected to reach a revised size of US$24.5 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2022-2030. Oven & Proofers, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$8.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Mixer & Blenders segment is readjusted to a revised 6.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 11.5% CAGR
The Bakery Processing Equipment market in the U.S. is estimated at US$4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.9 Billion by the year 2030 trailing a CAGR of 11.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.Select Competitors (Total 33 Featured) -
- Allied Bakery Equipment
- Anko Food Machine
- Baker Perkins
- Bühler
- Erika Record Llc
- Gea Group Ag
- Gemini Bakery Equipment
- Global Bakery Solutions
- Heat And Control
- John Bean Technologies Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Allied Bakery Equipment
- Anko Food Machine
- Baker Perkins
- Bühler
- Erika Record Llc
- Gea Group Ag
- Gemini Bakery Equipment
- Global Bakery Solutions
- Heat And Control
- John Bean Technologies Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 14.6 Billion |
Forecasted Market Value ( USD | $ 24.5 Billion |
Compound Annual Growth Rate | 6.7% |
Regions Covered | Global |