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Global Bakery Processing Equipment Market Trends:

Rapid innovations in the confectionery, food processing, and patisserie industries, the fueling demand for ready-to-eat (RTE) food products, and the inflating sales of bakery items are some of the key factors boosting the market growth. Moreover, the shifting dietary preferences and inflating consumer expenditure power have surged the consumption of baked products, which, in turn, is positively supporting the market growth.

Additionally, key market players are heavily investing in the development of innovative equipment to improve the overall efficiency and precision of the manufacturing process, which is acting as another factor driving the market growth. Besides this, the integration of artificial intelligence (AI) and the Internet of Things (IoT) with industrial bakery processing machinery is creating a positive outlook for the market growth

Looking forward, IMARC Group expects the global bakery processing equipment market is expected toexhibitaCAGRof5.4%during2022-2027.

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