
Report ID: SQMIG20I2318
SkyQuest Technology's Bakery processing equipment market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Bakery Processing Equipment Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Global Bakery Processing Equipment Market size was valued at USD 13.6 billion in 2023 and is poised to grow from USD 14.48 billion in 2024 to USD 23.97 billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).
Rapidly increasing consumption and demand for baked goods around the world are forecasted to primarily drive the sales of bakery processing equipment going forward. Advancements in baking equipment technologies and rising disposable income of people are also slated to impact the global bakery processing equipment market growth in the future. Increasing expansion of bakery chains around the world to satisfy the varying demand for baked products is also estimated to present new opportunities for bakery processing equipment vendors over the coming years. Boom in online sales of baked goods owing to rising e-commerce activity is also expected to benefit the demand for bakery processing equipment around the world. Use of automation and development of specialized equipment for healthy baked goods are also estimated to expand the business scope for bakery processing equipment providers through 2032. On the contrary, high initial investments, dearth of skilled professionals for operations, market saturation in developed regions, and volatility in raw material pricing are predicted to hurt the adoption of bakery processing equipment across the forecast period and beyond.
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Global Bakery Processing Equipment Market size was valued at USD 14.05 Billion in 2023 and is expected to rise from USD 14.99 Billion in 2024 to USD 25.19 Billion by 2032, at a CAGR of 6.7% during the forecast period (2025–2032).
Providing automation for bakery processing equipment is expected to be a major trend for companies in the long run. Targeting Europe and North America is expected to bring in the most revenue for bakery processing equipment vendors going forward. Development of bakery processing equipment for healthy baked goods is also a key opportunity that market players should capitalize on through 2032 and beyond. 'Ali Group S.r.l.', 'Baker Perkins Limited', 'Bühler AG', 'GEA Group Aktiengesellschaft', 'The Middleby Corporation', 'Markel Food Group', 'JBT Corporation', 'Heat & Control, Inc.', 'RHEON Automatic Machinery Co. Ltd.', 'Anko Food Machine Co. Ltd.', 'Gemini Bakery Equipment Company', 'Global Bakery Solutions', 'Koenig Maschinen GmbH', 'FRITSCH', 'Benier Nederland B.V.'
Consumption of baked goods around the world is rising at a rapid pace and this is expected to bolster the global bakery processing equipment market outlook as well. bread, pastries, cakes, and cookies are some of the most in-demand baked goods around the world. Rapid urbanization, changing consumer lifestyles, and rising disposable incomes are fueling the consumption of baked goods.
Development of Automated Equipment: Bakery processing equipment manufacturers can focus on using automation in their offerings to maximize their business scope in the long run. Automated systems can monitor and adjust processes in real-time, enhancing efficiency and reducing waste. Predictive maintenance and remote monitoring are becoming standard features in modern equipment.
North America is projected to account for a dominant share of the global bakery processing equipment industry. High consumption of baked goods, use of bread as a staple in multiple food products, and surging demand for convenience foods are expected to cement the dominance of this region. Rising adoption of fast-paced hectic lifestyles by consumers and high spending potential are also slated to indirectly benefit the demand for bakery processing equipment in North America. Canada and the United States are forecasted to be the leading markets for bakery processing equipment providers in the North America region through 2032.
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Report ID: SQMIG20I2318
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