Regional and country-level analysis and forecasts of the Europe Bakery Processing Equipment Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
According to the report “Europe Bakery Processing Equipment Market By Type (Mixers, Ovens & Proofers, Dividers, Sheeters & Molders, Others), Application (Pizza Crusts, Cookies & Biscuits, Cakes & Pastries, Bread, Other Bakery Products), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)” published by Market Data Forecast, the European Bakery Processing Equipment Market is expected to grow at a CAGR of 7.2 % and reach USD 3.75 billion in 2021 from USD 2.65 billion in 2016. The Bakery Processing Equipment market is expected to show evident potential in the forecasting period.
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The bakery is a business that manufactures and sells flour-based foods baked in an oven like Cookies, bread, Cakes, Pastries, and Pies. Bakery Processing Equipment is used in the manufacturing, processing, and handling of Bakery Products.
Some of the essential bakery equipment includes Dividers, Mixers, Ovens, and sheeters.
Some of the factors like expanding middle-class population and rising disposable incomes are driving the market. Increased preference for portably packed food portions and increasing demand for low-fat, gluten-free, nutritional foods and innovative flavors are also influencing the growth of the market.
But, the market growth can be constrained by factors like scarcity of raw materials along with high costs of packaging and transportation, and the high sugar and carb levels in the baked products which lead to health problems.
The Europe Bakery Processing Equipment market is divided based on type and Application. The segmentation on the basis of type is done into Mixers, Ovens & Proofers, Dividers, Sheeters & Molders, others.
Sheeters & Molders segment accounted for highest market value and is also projected to grow at higher CAGR than rest of the equipment types. On the basis of Application, the market is categorized into Pizza Crusts, Cookies & Biscuits, Cakes & Pastries, Bread, other bakery products.
The Bread segment exhibits the highest market share in Application segmentation due to bread being most used product in the world. Pizza Crusts segment is projected to grow at higher CAGR than other applications owing to the increased consumption of pizza worldwide.
On the basis of geography, the Europe market is analyzed under various regions namely U.K, Germany, Spain, Italy and France. Europe is the second largest market in the world.
Some of the leading companies operating in Europe Bakery Processing Equipment Market are:
- Buhler holding AG
- Ali Group S.p.A
- JBT Corporation
- GEA Group AG
- Heat and Control, Inc.
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