High fixed and variable cost is one of the major reason for which this market is getting hampered. As this has high demand, the challenges faced by the industry have to be minimised then the market will have high growth in the future.
North America Bakery Processing Equipment Market Size & Growth:
North America bakery processing equipment size is accounted as USD XX billion in 2017 and expected to grow at a CAGR of XX% to reach XX billion by 2024 during the forecast period 2018-2024. Bakery processing equipment industry worth investing as it is one of the growing markets.
One of the major reasons for market growth is an increase in demand for bread, pastries industries. Another major factor for the growth of the market is there is increasing demand for frozen bakeries. Technology plays a very big role in the growth of the market. Advancement in the technology has led the growth of the market.
Growth in the Popularity of In-Store and Artisan Bakery Products that decreases the Sales of Industrial Bakery Products are the major factor for hampering the market growth. High Fixed Cost Involved in Upgradation and Maintenance of Equipment is one of the reasons for hindering the market growth. New Product Development has led the opportunity for market growth. Government Funds for Small and medium-sized enterprises and Technical and Marketing Support of Trade Associations will open the growth of the market. The thrust of Focus on Processing Food Products rather than Equipment is the major challenge faced by the market. Lack of R&D and Other Infrastructural Support in Emerging Markets will hinder the growth of the market. Competition from Manufacturers Offering Low-Cost Products is another major problem faced by this industry. Increasing Cost of Power & Energy is continuously hampering the market growth. Costs Involved in After-Sale Services is another challenge faced by the industry.
North America Bakery Processing Equipment Market Share:
North America market is segmented into USA, Canada Mexico, and others. Fastest growing market with high CAGR in North America, as technological advancement is done, and investors are more interested in investing in those market in North America especially in Canada and USA.
Regarding type, the market is divided into mixers, oven & proofers, dividers, sheeters and moulders and others. Oven and proofers segment has the largest market share in the type, as this is commonly used in bakery industries in North America. In term of the application, the market is segmented into cookies & biscuits, bread, pizza crust, cakes and pastries, and others. Bread segment has acquired the largest market share in application followed by the cakes and pastries market. In the daily meal where bakery item is used in those countries bakery processing equipment gets manufactured on the large-scale basis.
North America Bakery Processing Equipment Market Trends:
- Jan 2018, Heat and Control®, a world-leading equipment manufacturer, announced the opening of their newest factory located in Union, MO, 50 miles southwest of St. Louis. The new facility fabricates Spray Dynamics® equipment and offers the latest in manufacturing capability, in modern office and engineering space, in product testing rooms, and it offers space for future site development.
- Sep 14, 2017, The ServoForm™ Mini is a small batch / lab-scale depositor that deposits candy syrup or fruit paste into solid moulds at rates of up to 54kg/hr. Ideally suited to the functional and medicated confectionery sector.
North America Bakery Processing Equipment Research Report:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOTanalysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.
- Regional and Global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROCin the current market and their impact in altering the market dynamics
- Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market
- Major Key players are as follows.
- GEA Group AG
- Buhler Holding AG
- John Bean Technologies Corporation
- Ali Group S.P.A
- Heat and Control, Inc.
- Rheon Automatic Machinery Co., Ltd
Along with these companies, there were many other companies considered/cited in the report while analysing the North America bakery processing equipment market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2 Porter’s Five Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 Pestle Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threat
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1 Drivers
4.1.1 Increased Demand for Bread, Pastries, and Other Baked Goods
4.1.2 Growing Demand for Frozen Bakery Products
4.1.3 Advancement in Manufacturing Processes & Technologies
4.1.4 Automation and Robotics in Bakery Processing Equipment
4.2 Restraints
4.2.1 Increasing Popularity of In-Store and Artisan Bakery Products Decreasing the Sales of Industrial Bakery Products
4.2.2 High Fixed Cost Involved in Upgradation and Maintenance of Equipment
4.3 Opportunities
4.3.1 New Product Development
4.3.2 Expansion of Production Facilities and Investment in Technological Upgradation
4.3.3 Government Funds for SMEs and Technical and Marketing Support of Trade Associations
4.4 Challenges
4.4.1 Thrust of Focus on Processing Food Products Rather Than Equipment
4.4.2 Lack of R&D and Other Infrastructural Support in Emerging Markets
4.4.3 Competition from Manufacturers Offering Low-Cost Products
4.4.4 Fixed and Variable Costs Involved in the Process
4.4.4.1 Increasing Cost of Power & Energy
4.4.4.2 Costs Involved in After-Sale Services
Chapter 5 North America Bakery Processing Equipment Market Segmentation, by type
5.1 Introduction
5.2 Mixers
5.3 Oven & Proofers
5.4 Dividers
5.5 Sheeters & Molders
5.6 Other Bakery Processing Equipment
Chapter 6 North America Bakery Processing Equipment Market Segmentation, By Application
6.1 Introduction
6.2 Cookies & Biscuits
6.3 Bread
6.4 Pizza Crusts
6.5 Cakes & Pastries
6.6 other bakery products
Chapter 7 North America Bakery Processing Equipment Market Segmentation, by Geography
7.1 Introduction
7.2 North America
7.2.1 United States
7.2.2 Canada
7.2.3 Mexico
7.2.4 Others
Chapter 8 Competitive Landscape
8.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
8.2 Market Share Analysis
8.3 Strategies Adopted By Top Companies
Chapter 9 Company Profiles
9.1 Introduction
9.2 GEA Group AG
9.3 Buhler Holding AG
9.4 John Bean Technologies Corporation
9.5 Ali Group S.P.A
9.6 Heat and Control, Inc.
9.7 Rheon Automatic Machinery Co., Ltd
9.8 Meyer Industries, Inc.
9.9 Baker Perkins Ltd.
9.10 Markel Food Group
9.11 Anko Food Machine Co, Ltd.
Chapter 10 Market Insights
10.1 Insights of Industry Experts
10.2 Analyst Opinion (Market Understanding)
10.3 Investment Opportunities
Chapter 11 Appendix
11.1 List of Tables
11.2 List of Figures
