Bakery Processing Equipment Market Regional Analysis and Growth Forecast during 2020 – 2026

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Bakery Processing Equipment Market Study by
Application, Segmentation and Regional Outlook to
2026

• The rising requirement to reduce human
  interference with the help of automation systems
  will anchor the bakery processing equipment
  industry forecast through the coming years. There
  is a consistent need to enhance the production
  consistency of the machines across bakery
  production companies. This has added impetus to
  the demand for automation and robotic processing
  equipment to improve the overall quality and
  cost-efficiency of the final products.
• The adoption of bakery food processing equipment
  will be further complemented with considerable
  development in the number of bakery and fast-food
  restaurants. Expansion of consumer household
  incomes has resulted in an increased willingness
  to spend on food items. It has also led to a
  higher need and consumption of bakery items such
  as pizza, cakes, pastries, and bread. Estimates
  suggest that the global bakery processing
  equipment market size will reach an annual value
  of more than USD 11 billion by 2026.

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• The pizza application for the North America
  bakery processing equipment industry is
  anticipated to strike an 8 CAGR over the coming
  years. This can be owed to the growing
  consumption of pizza in large amounts, mainly by
  teenagers, millennials, and adults across the
  region. Expansion of the retail and commercial
  bakeries will also foster the regional equipment
  demand.

• The higher intake of these products along with
  fast food has pushed the development of various
  local as well as international restaurants and
  bakeries. For instance, there were over 1,300
  Dominos stores across 282 cities in India in
  2019, and the number likely to grow over the next
  few years. Furthermore, the increasing influence
  of western culture on the Asia Pacific will boost
  the prospects for bakery processing machinery
  across the region.

• Providers of bakery food processing equipment are
  focusing on marketing strategies like
  partnerships and acquisitions to extend their
  offerings across the untapped regions in the
  world while increasing their market presence.
  They are also coming up with innovative models
  for advanced bakery equipment that have added
  features to gain a positive edge over their
  competitors. For instance, Heat and Control
  partnered with Ishida Co., Ltd, a Japanese firm
  to render bakery processing and packaging
  solutions to their customers who are setting-up
  factories.

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• The Asia Pacific will witness a higher
  penetration of bakery processing equipment and
  the regional industry is poised to grow at an
  exponential CAGR through 2026. This can be
  attributed to the developing tourism sector in
  the region that has driven the demand for bread
  items like buns, pita bread, pizza base, and
  flatbread, as well as cakes and pastries.

• The outbreak of the current COVID-19 pandemic and
  the regulation of temporary lockdowns by the
  government bodies resulted in the shutdown of
  production facilities. This brought a halt in the
  manufacturing operations as a result of limited
  labor. The slow and negligible trade activities
  in the peak months disrupted the supply chain,
  further negatively impacting the sales for the
  bakery processing equipment manufacturers.
  However, with the gradual resumption of all
  businesses and the cooling down of the lockdown
  scenarios, the industry, and its operations will
  now pick up speed.

• Competitive Analysis

• GEA Group, Rheon Automatic Machinery Co. Ltd.,
  John Bean Technologies Corporation, Markel
  Ventures, Inc, Aktiengesellschaft, and Ali Group
  S.r.l. a Socio Unico are some of the other global
  participants in the business.

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