Feb 24, 2020 (KD Market Insights via COMTEX) -- Bakery Processing Equipment Market by Product Type (Ovens & Proofers, Mixers, Sheeters & Molders, and Others) and Application (Bread, Cakes & Pastries, Cookies & Biscuits, Pizza Crusts, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
The global bakery processing equipment market is expected to grow at a CAGR of 6.7% during the forecast period 2019-2026. As per the analysis, the market was valued at $11.4 billion in the year 2018, and is anticipated to reach $18.7 billion by the end of the year 2026. The research report focuses on various market determinants such as market growth drivers, market restraints, opportunities and challenges.
Bakery processing equipment are used in the production of various bakery products such as donuts, biscuits, pizzas, cookies, breads, pastries, cakes and other products. During production, various equipment are used for different processes such as extrusion, molding, enrobing, baking, cooling, mixing and others. The bakery processing equipment sector is undergoing a rapid transition with adoption of advanced robotics and process automation in the bakery industry, it has majorly impacted the increasing demand of organic and hygienic product.
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