Bakery Processing Equipment Market by Type, Application, and by Region Forecast to 2020
REPORT DESCRIPTION
“Bakery processing equipment market is projected to grow at a CAGR of 7.3%”
The bakery processing equipment market, estimated at USD 9.56 billion in 2015, is projected to grow at a CAGR of 7.3%, to reach USD 13.62 billion by 2020.
The market is driven by factors such as increased demand for bread, pastries, and other baked goods, growing demands for frozen bakery products, and advancement in manufacturing processes & technologies leading to novel varieties.
The high growth potential in emerging markets and untapped regions provides new growth opportunities for market players.
“Ovens & proofers bakery processing equipment accounted for the largest market share in 2014”
CONTINUED…
Among the equipment types of bakery processing equipment which include mixers, ovens & proofers, dividers sheeters & molders, and others, ovens & proofers equipment accounted for the largest market share in 2014, followed by mixers.
The sheeters & molders segment is projected to grow at the highest CAGR due to the demand for innovative bakery products.
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TABLE OF CONTENT 1 INTRODUCTION 13 1.1 OBJECTIVES OF THE STUDY 13 1.2 MARKET DEFINITION 13 1.3 SCOPE OF STUDY 14 1.4 CURRENCY CONSIDERED 15
2 RESEARCH METHODOLOGY 16 2.1 RESEARCH DATA 16 2.2 FACTOR ANALYSIS 19 2.3 MARKET SIZE ESTIMATION 23 2.4 MARKET BREAKDOWN & DATA TRIANGULATION 25 2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 26
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