LONDON–(BUSINESS WIRE)–Technavio has been monitoring the industrial bakery processing equipment market and it is poised to grow by USD 3.67 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ali Group Srl, ANKO Food Machine Co. Ltd., Baker Perkins Ltd., Bühler AG, GEA Group Aktiengesellschaft, Gemini Bakery Equipment Co., Heat and Control Inc., John Bean Technologies Corp., Markel Corp., and The Middleby Corp. are some of the major market participants. The demand for frozen bakery products will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Demand for frozen bakery products has been instrumental in driving the growth of the market.
Industrial Bakery Processing Equipment Market 2020-2024: Segmentation
Industrial Bakery Processing Equipment Market is segmented as below:
- Ovens and Proofers
- Mixers and Blenders
- Sheeters and Molders
- Dividers and Rounders
- Cookies and Biscuits
- Cakes and Pastries
- Other Bakery Products
- North America
- South America
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Industrial Bakery Processing Equipment Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our industrial bakery processing equipment market report covers the following areas:
- Industrial Bakery Processing Equipment Market Size
- Industrial Bakery Processing Equipment Market Trends
- Industrial Bakery Processing Equipment Market Industry Analysis
This study identifies advancements in manufacturing processes and technologies as one of the prime reasons driving the industrial bakery processing equipment market growth during the next few years.
Industrial Bakery Processing Equipment Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the industrial bakery processing equipment market, including some of the vendors such as Ali Group Srl, ANKO Food Machine Co. Ltd., Baker Perkins Ltd., Bühler AG, GEA Group Aktiengesellschaft, Gemini Bakery Equipment Co., Heat and Control Inc., John Bean Technologies Corp., Markel Corp., and The Middleby Corp. Backed with competitive intelligence and benchmarking, our research reports on the industrial bakery processing equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Industrial Bakery Processing Equipment Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist industrial bakery processing equipment market growth during the next five years
- Estimation of the industrial bakery processing equipment market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the industrial bakery processing equipment market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of industrial bakery processing equipment market vendors
Table Of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Ovens and proofers – Market size and forecast 2019-2024
- Mixers and blenders – Market size and forecast 2019-2024
- Sheeters and molders – Market size and forecast 2019-2024
- Dividers and rounders – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Application
- Market segments
- Comparison by Application placement
- Market opportunity by Application
- Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to higher priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- Ali Group Srl
- ANKO Food Machine Co. Ltd.
- Baker Perkins Ltd.
- Bühler AG
- GEA Group Aktiengesellschaft
- Gemini Bakery Equipment Co.
- Heat and Control Inc.
- John Bean Technologies Corp.
- Markel Corp.
- The Middleby Corp.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Source: Thanks https://www.businesswire.com/news/home/20200504005438/en/Analysis-New-Product-Launches-Covid-19-Related-Markets-Industrial