(Food-Beverage-News.Com, January 25, 2018 ) The Bakery Processing Equipment market is showcasing significant potential over the mentioned forecast period.The bakery is a business that manufactures and sells flour-based foods baked in an oven like Cookies, bread, Cakes, Pastries, and Pies. Bakery Processing Equipment is used in the manufacturing, processing, and handling of Bakery Products. Some of the essential bakery equipment include Dividers, Mixers, Ovens and sheeters.The Middle East and Africa Bakery Processing Equipment market is estimated to reach USD 1.41 billion by 2021 from a market value of USD 1.02 billion in 2016 at a CAGR of 6.75 %.
Some of the factors like rising disposable incomes and expanding middle-class population are driving the market. Increased preference for portably packed food portions and increasing demand for gluten-free, low-fat, innovative flavors and nutritional foods are also influencing the growth of the market. But, the market growth can be constrained by factors like scarcity of raw materials along with high costs of packaging and transportation, and the high sugar and carb levels in the baked products which lead to health problems.
The Middle East and Africa Bakery Processing Equipment market is segmented based on type and Application. The market is segmented on the basis of type under Mixers, Ovens and Proofers, Dividers, Sheeters and Molders, others. The Sheeters and Molders segment dominated the market share under Equipment type and is expected to grow even further. On the basis of Application, the market is divided into Pizza Crusts, Cookies and Biscuits, Cakes and Pastries, Bread, other bakery products.
The bread segment accounted for the largest share in the market on the basis of segmentation by Application due to bread being the choicest product in the world. Pizza Crusts segment is expected to grow at highest CAGR owing to the increased consumption of pizza worldwide. On the basis of geography, the Middle East and Africa market is analysed under various regions namely Middle East and Africa.
The major companies showing interest in the market lately, include Ali Group S.p.A, JBT Corporation, Heat and Control, Inc., GEA Group AG, and Buhler holding AG.
Scope of the Report
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of application and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organisations a strong financial foothold in the market
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