Bakery Processing Equipment Market to Grow 7.3% - Driven by an Increased Demand for Bread, Pastries & Other Baked Goods

Thursday, March 10, 2016 3:36 PM UTC

Dublin, March 10, 2016 -- Research and Markets (http://www.researchandmarkets.com/research/77jvgm/bakery_processing) has announced the addition of the "Bakery Processing Equipment Market - Forecast to 2020" report to their offering.

The bakery processing equipment market is projected to grow at a CAGR of 7.3% from 2015 to 2020, to reach USD 13.62 Billion by 2020. The market growth is driven by an increased demand for bread, pastries, and other baked goods, growing demands for frozen bakery products, and advancement in manufacturing processes & technologies. The market is further driven by factors such as automation & robotics in bakery processing equipment.

Asia-Pacific accounted for the largest market share for bakery processing equipment, followed by Europe and North America. Bakery processing equipment products such as ovens & proofers and mixers are among the widely used products in Asia-Pacific; changing bakery products consumption pattern is one of the major factors driving the bakery processing equipment market in this region.

The North American region is projected to be the fastest-growing market with investments from several multinational manufacturers, especially in countries such as the U.S. and Canada.

Popularity of in-store and artisan bakery products decreasing the sales of industrial bakery products poses as one of the restraints for the bakery processing equipment market. Also, the high fixed cost involved in up gradation and maintenance of equipment hinders with the growth of the bakery processing equipment market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Bakery Processing Equipment Market, By Type

8 Bakery Processing Equipment Market, By Application

9 Bakery Processing Equipment Market, By Region

10 Competitive Landscape

11 Company Profiles

Companies Mentioned:

Ali Group S.P.A
Anko Food Machine Co, Ltd.
Baker Perkins Ltd.
Buhler Holding AG
GEA Group AG
Heat and Control, Inc.
John Bean Technologies Corporation
Markel Food Group
Meyer Industries, Inc.
Rheon Automatic Machinery Co., Ltd

For more information visit http://www.researchandmarkets.com/research/77jvgm/bakery_processing



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         Sector: Machinery and Parts

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Bakery Processing Equipment Market to Grow 7.3% - Driven by an Increased Demand for Bread, Pastries & Other Baked Goods

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