Bakery Processing Equipment Market size to hit $20 Bn by 2032, Predicts Global Market Insights Inc.
Key bakery processing equipment market participants are Markel Ventures Inc., GEA Group Aktiengesellschaft, The Middleby Corporation, John Bean Technologies Corporation, ALI Group S.R.L. A Socio Unico, Baker Perkins Ltd., RONDO Burgdorf AG, Rheon Automatic Machinery Co., Ltd., Heat and Control, Inc., and KAAK Group
Selbyville, Delaware, Jan. 18, 2023 (GLOBE NEWSWIRE) —
Bakery Processing Equipment Market size is expected to cross a valuation of USD 20 billion by 2032, according to the is poised to record more than 5% CAGR through 2032. This is attributed to various factors, such as rising demand for baked products, increasing awareness about healthy products, heavy investments in the food industry, and the expanding tourism sector in the region. Manufacturers across the UK, Germany, and other nations are focusing on developing innovative bakery equipment that can offer high speed and improve the overall quality of food items, thereby improving product use in the European region.
Mergers & acquisitions by key players to define the competitive landscape
The top organizations operating in bakery processing equipment market are GEA Group Aktiengesellschaft, The Middleby Corporation, Markel Ventures Inc., Heat and Control, Inc., John Bean Technologies Corporation, Rheon Automatic Machinery Co., Ltd., and KAAK Group, among others. These companies are focusing on mergers and acquisitions, among other strategies, to bolster their presence in the market.
For example, John Bean Technologies Corporation announced the acquisition of a production lines and food processing solution provider, Alco-food-machines, in July 2022. This acquisition was part of the firm’s efforts to broaden the scope of its offerings in the convenience meal lines and plant-based protein technology sectors.
Secure a copy of the premium research report @ https://www.gminsights.com/securecheckout/paymenta/4199
Partial Table of Contents (ToC) of the report:
Chapter 2 Executive Summary
2.1 Bakery processing equipment industry 360° synopsis, 2018 – 2032
2.1.1 Business trends
2.1.1.1 Total Addressable Market (TAM), 2023 – 2032
2.1.2 Type trends
2.1.3 Application trends
2.1.4 Regional trends
Chapter 3 Industry Insights
3.1 Introduction
3.2 Impact of COVID-19
3.3 Russia-Ukraine war impact
3.4 Industry ecosystem analysis
3.5 Profit margin analysis, 2022
3.6 Technology & innovation landscape
3.7 Patent landscape
3.8 Key initiative & news
3.9 Regulatory landscape
3.10 Industry impact forces
3.10.1 Growth drivers
3.10.1.1 Growing consumption of bakery products across the globe
3.10.1.2 Rapidly growing bakery industry in America
3.10.1.3 Rising energy efficiency initiatives in the European Union
3.10.1.4 Growth in the health-conscious population and the demand for new bakery products in Europe and Asia Pacific
3.10.1.5 Incorporation of automation & robotics technologies into the bakery processing equipment
3.10.1.6 Increasing presence of global food providers in the UAE and South Africa
3.10.2 Industry pitfalls & challenges
3.10.2.1 High energy consumption
3.10.2.2 Limited awareness about automated machines
3.11 Investment landscape
3.12 Growth potential analysis
3.13 Porter’s analysis
3.14 PESTEL analysis
Browse Our Reports Store – GMIPulse @ https://www.gminsights.com/gmipulse
About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
CONTACT: Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: 1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: [email protected]
