Bakery Processing Equipment Market 2023 By Top Trend & Growth Forecast To 2032
Global Bakery Processing Equipment Market is poised to garner sizable growth through 2032, owing to the increasing demand for baked food items in South Africa and the UAE market. Moreover, the latest innovations and technological developments in the confectionery sector are further set to augment the industrial growth.
Several leading market players are diversifying their product portfolios considering the growing trend and demand for healthy food items. For instance, in May 2022, FRITSCH Bakery Technologies relaunched the ROLLFIX, its flagship process line, for the third generation. The firm engineers have improved the dough sheeter use and manageability. ROLLFIX is currently available in three variants. The revamped product offers the user a variety of simple handling options, such as making thin dough.
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The bakery processing equipment market has been categorized in terms of type, application, and region.
Based on type, the ovens & proofers segment is slated to amass sales of more than 250,000 units by 2032. Ovens & proofers are increasing in demand among commercial bakeries due to their capability to bake, heat, and turn the dough to produce a variety of baked goods such as cookies and bread. A commercial electric deck oven is an ideal choice for facilities having access to ample renewable energy sources. These ovens can be used to bake artisan bread on a large scale.
With respect to application, the croissant segment captured 4% market share in 2022. The segmental growth can be attributed to the rising demand for various types of croissants in the UK, France, and China. Croissant is rich in proteins and carbs which makes it a popular breakfast choice across the world. It also provides an extra, much-needed energy boost throughout the day, and is enriched with essential vitamins and minerals required for the daily functioning.
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From the regional perspective, the Latin America bakery processing equipment industry is speculated to acquire more than $3 billion market share by 2032 end. The growth can be credited to the mounting demand for frozen and packaged foods across various economies. As per a Brazilian household food acquisition survey, ultra-processed foods make up nearly 20% of the people's diets in the country.
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Moreover, the surging adoption of environment-friendly bakery processing equipment is creating lucrative opportunities for manufacturers. As a sustainable packaging option, bakery products can now be packaged using a variety of technologies utilized in the manufacturing of packaging material, such as bioplastic, biodegradable, edible, as well as natural fiber packaging material.
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