Global Bakery Processing Equipment Market is projected to register a healthy CAGR of 5.7% in the forecast period 2019 to 2026. The new market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
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Drivers: Global Bakery Processing Equipment Market
RISING DEMAND FOR BAKERY PRODUCTS: The demand for bakery products is increasing. There is a rising demand for the healthy and functional bakery items like products which consists of multi grains, nuts and other healthy products which needs technologically developed equipment. The consumers are purchasing more bakery products due to a greater variety and novelty of items available in the market.
- As per the Federation of Bakers, in U.K. 2016, it is anticipated that wrapped bread is purchased by 96.7% every year and every household spending about USD 69.56 per year on bread. As the consumption of bread is increasing, the demand for breads would also increase thereby raising the demand of bread processing equipment.
Restraints: OCCUPATIONAL HAZARDS IN THE BAKERY PRODUCTION PROCESS: Proper maintenance of the machines and critical hygiene control are the important factors which have to be considered in the production of bakery products. It’s a matter of protecting the health of the people through a clean and hygienic environment. Every bakery production procedure consists of different types of hazards which would affect in the production of bakery products. All the equipment which is used in the bakery production should be audited regularly and any sign of the deteriorations must be fixed directly. Many hazards in the production process can be avoided with the implementation of the effective prerequisite programme which includes pest control, waste control and cleaning programmes. The bakers can suffer from the allergies generally of the skin and the respiratory system which is caused by the substances that are used in the baking process. There are various other accidental, physical, chemical, biological hazards and ergonomic, organizational and psychosocial factors that might occur in the bakery production process. Thus we can conclude that for a good hygienic structure the efforts from all the parties are involved for preserving the brand, product’s reputation and also the consumer’s health. Starting from top level management to all the employees, the people of a bakery manufacturing factory must follow the precaution measures for maintaining a healthy environment and for preserving the high bakery production level.
HIGH FIXED COST AND MAINTENANCE OF EQUIPMENT: The bakery processing equipment is expensive and is continuing to increase owing to the technological advancements in the equipment. The costs of the equipment would differ based on the processes and different features incorporated in it. Nowadays various technologically advanced equipment are being developed by the companies such as the robotic systems due to which the prices of the machines will be higher owing to its developed features. As the prices of machines are high, many companies do not have enough investment for purchasing such costly machines to manufacture the bakery products. Other expenses such as maintenance cost, installation charges and after sales services also incur which increases the cost of the overall bakery processing equipment. Thus, the increasing cost of bakery processing equipment will hamper the market growth.
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Bakery processing equipment is used for producing the bakery products like cakes, pastries, breads, cookies, pizza, biscuits, donuts and other products. Different types of equipment are used for the production process of various bakeries for different processes like mixing, cooling, baking, enrobing, moulding, extrusion and others. Bakery Technology Equipment, LLC offers FORMABAR product is a whole bar making line which consists of every component required in the process of making the highest quality bars as quickly, cost-effectively and efficiently as possible. Global bakery processing equipment market is projected to register a healthy CAGR of 5.7% in the forecast period 2019 to 2026.
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Competitive Analysis: Global Bakery Processing Equipment Market
Some of the major players operating in the global bakery processing equipment market are GEA Group Aktiengesellschaft, Buhler AG, ALFA LAVAL, FRITSCH, Robert Bosch GmbH, Candy Worx, BONGARD, Silvestri S.r.l., Bettcher Industries, Inc., Aasted ApS, Global Bakery Solutions, JBT, Heat and Control, Inc., RHEON Automatic Machinery co. ltd., Baker Perkins, Markel Food Group (Markel Corporation), ANKO FOOD MACHINE CO., LTD., Gemini Bakery Equipment Company, The Middleby Corporation, The Henry Group, Inc., Precision Food Innovations (PFI), Mecatherm, Yoslon FOOD MACHINE UNION Co. LTD, GOSTOL-GOPAN d.o.o. Nova Gorica, LINXIS GROUP and others.
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