Innovative Developments and Research in the Food Processing Industry is Going to Drive the Bakery Processing Equipment Market

According to MarketsandMarkets, the bakery
processing equipment market is estimated to account for nearly USD 11.6
billion in 2021 and is projected to reach a value of nearly USD 14.8 billion by
2026, growing at a CAGR of 5.1% from 2021. Emerging markets in upcoming
economies such as Asia Pacific and South American countries is going to be a
potential market for the bakery processing equipment manufacturers. Factors
such as the increasing number of artisan bakeries and quick service restaurants
(QSRs) and upgradation of technology in bakery are projected to drive the
growth of the bakery processing equipment market during the forecast period.

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The demand for ultra-processed bakery products such as
cakes, pastries, baked biscuits, and other baked products is high in the
developing and developed countries, such as the UK, China, India, Germany, the
US, Canada, and Spain. Also, Consumers are witnessing a demand for healthier
and less-processed bakery products, which continue to increase, along with the
demand for artisan, egg-less, allergen-free, sugar-free, non-dairy, and organic
baked goods. The trend of offering products that are lightweight, healthy,
allergen-free, organic, and contain whole-grain ingredients is becoming
prevalent in the market. Thus, many countries have an established bakery
industry and are witnessing an increasing demand for premium and innovative
bakery products such as pastries, glazed & chocolate coated donuts, sugar
& chocolate-coated cookies, and chocolate pies. Industries are focusing on
offering bakery items to meet the increasing demand of consumers. The
increasing preference for bakery products has further led to a surge in demand
for bakery processing equipment globally.

Based on application, the market segmentation includes
bread, cookies & biscuits, cakes & pastries, pizza crusts & other
applications like croissants, donuts, and pretzels. The pizza crusts segment is
projected to grow at the highest CAGR of 5.8% in the global bakery processing
equipment market to reach USD 1,844.5 million by 2026.  Bread, cookies, cakes, and pastries are some
of the most widely consumed bakery products in various countries. North America
and Europe are the largest consumers of bread and bread-related products. Due
to the increasing consumption of bakery products such as cakes, pastries, and
muffins in these regions, the demand for bakery products is projected to remain
high during the forecast period.

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The bread segment is projected to witness significant growth
due to the increasing preference for healthy bread, such as multi-grain and
gluten-free bread. As customers are becoming more health-conscious, they are
encouraged to opt for bakery products that are gluten-free and are low in
carbohydrates, unlike the traditional white bread. Bread is considered a staple
food in many countries worldwide. Hence, the companies are focusing more on
developing new and innovative products, which offer opportunities for growth.
These factors are projected to increase the demand for bread processing
machinery. In most countries, vegetarian bakery products also witness
significant demand from health-conscious and vegan consumers. The bread that
does not contain meat or lard is highly preferred among many vegetarian
consumers. For instance, in September 2021, The Middleby Corporation (US)
company has acquired Imperial commercial cooking equipment company (US) which
is manufacturer of range of fryers, ovens, countertop equipment’s for the
production of many baking applications like Bread, biscuits and cooking, pizza
crusts etc.