Dough Equipment Market Report: Revenue Analysis by Gross Margin of Companies till 2030
Dough Equipment Market Analysis
The global dough equipment market is anticipated to touch
USD 25282 million at a 6.4 % CAGR between 2022- 2030, as per the recent
analysis by Market Research Future (MRFR). Dough equipment or dough machines,
simply put, are used to mix, shape, and process edible dough. It acts as a good
substitute in preparing dough over the conventional techniques that are generally
hand driven. Dividers, dough hoppers & chutes, mixers, sheeters &
molders, and others are the different types of dough equipment that have
extensive applications in breads, pizza crusts, cookies and biscuits, cakes and
pastries, and others.
Various factors are propelling the global dough equipment
market growth. As per the latest MRFR report, such factors include surging
demand for superior quality convenience food, multiple benefits such as easy operations,
lesser time consumption, hygienic quality of end products, and increasing
awareness about the equipment amongst large industries and small scale bakery
product manufacturers alike. Besides, increasing application of dough equipment
in different food and bakery industries is also adding market growth.
On the contrary, the grave effect of the ongoing COVID-19
pandemic may limit the global dough equipment market growth over the forecast
period.
Key Players
Notable players profiled in the global dough equipment
market report include Markel Food Group (US), John Bean Technologies
Corporation (US), The Bühler Holding AG (Switzerland), Erica Record LLC (US),
Global Bakery Solutions (UK), Allied Bakery Equipment (US), Gemini Bakery
Equipment (US), Anko Food Machine (Taiwan), Baker Perkins Ltd. (UK), Baxter
Manufacturing Inc. (US), Doyon Baking Equipment Inc. (Canada), GEA Group AG
(Germany), HIX Corporation (US), JBT Corporation Ltd (US), and Somerset
Industries, Inc. (US). Industry players have incorporated several strategies to
create a niche in the market and also cater to the customers growing needs.
These strategies include mergers, partnerships, acquisitions, joint ventures,
collaborations, contracts, strategic alliances, new product development, and
new product launches, geographic expansions, and more.
Market Segmentation
The MRFR report offers an inclusive segmental analysis of
the global dough equipment market based on type and application.
By type, the global dough
equipment market report is segmented into dividers, dough hoppers and
chutes, mixers, sheeters and molders, and others. Of these, the sheeters and
moulders segment will lead the market over the forecast period. Sheeters and
moulders help to sheet the dough into the desired shape and thickness according
to the needs of the product, such as in the case of bread and pizza, which is
contributing to the growth of the segment. This will be followed by the dough
mixers, which will have moderate growth over the forecast period.
By application, the global dough equipment market is
segmented into breads, pizza crusts, cookies and biscuits, cakes and pastries,
and others. Of these, the pizza crusts will dominate the market over the
forecast period. Demand for varying thickness and crust size in pizza, both
from consumers and manufacturers alike, is adding to the growth of the segment.
Meanwhile, the bread segment is predicted to have steady growth over the
forecast period.
Regional Analysis
Based on the region, the global dough
equipment market trends cover the growth opportunities and recent trends
across North America, Europe, the Asia Pacific, and the Rest of the World
(RoW). Of these, North America will spearhead the market over the forecast
period. An inclination for high-quality hygiene food coupled with the rising
health-conscious population is adding to the global dough equipment market's
growth in the region. Besides, the rising awareness about this equipment in
Japan, China, and India is also boosting market growth. The US has the largest
share in the region.
The global dough equipment market in Europe is predicted to
hold the second-largest share over the forecast period, followed by the APAC
region that is predicted to grow at a fast pace over the forecast period.
The global dough equipment market in the RoW is predicted to
have sound growth over the forecast period.
NOTE: Our Team of Researchers are Studying Covid19 and
its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and
Media Private Limited),
Comments
Post a Comment