Dough Equipment Market Analysis
The global dough equipment market is anticipated to touch USD 16.2 billion 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.
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.
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 outlook 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.
Based on the region, the global dough equipment market insights 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.
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America