Overview of the global baker mixer market
Market research analysts at Technavio predict that the global baker mixer market will grow steadily during the next four years and post a CAGR of almost 8% by 2021. This market research analysis identifies the increase in number of bakery manufacturing plants as one of the primary growth factors for the bakery mixer market. Due to the various factors such as the availability of ethnic varieties and usage across several cuisines around the globe, the global bakery market witnesses a constant increase in demand for artisan bread. Realizing the demand, retail outlets such as supermarket and hypermarkets are also concentrating on adding artisan bread to their product portfolio. This increase in demand for bread attracts entrepreneurs to start new bakery manufacturing plants and bakery stores. This will consequently increase the demand for bakery machinery equipment such as bread dough mixers, boosting the growth of the market.
This market research and analysis estimates that in terms of geographical regions, APAC will be the major revenue contributor to the bakery mixer machine market throughout the predicted period. Owing to factors such as the rise in disposable income of people and rapid urbanization, there is an increased demand for bakery products in this region which will be a significant factor propelling market growth in this region.
Competitive landscape and key vendors
The market is characterized by the presence of a considerable number of baker mixing machine vendors and is fragmented. With all vendors competing to improve their revenue shares, the market’s competitive environment is intense. Some of the major industrial bakery equipment manufacturers have production units across the globe and usually sell branded products or supply other brands that have supermarket private labels. Major vendors in the baker mixer equipment market are constantly trying to offer innovative systems that can be combined with other technologies. Additionally, vendors are also focusing on providing energy-efficient equipment and are also following different innovative strategies which will make their products more affordable for customers, in turn, increase their profit margins.
The leading vendors in the market are -
- Hobart
- Globe Food Equipment Company
- Robot Coupe
- Baker Perkins
The other prominent vendors in the market are Bake Max, Empire Bakery Equipment, Erika Record Baking Equipment, and Middleby Celfrost Innovations.
Segmentation by type and analysis of the baker mixer market
- Spiral mixer
- Planetary mixer
During 2016, the spiral mixer segment accounted for the major shares and dominated the baker mixer machine market. The increasing focus of the baker mixer manufacturers towards providing mixers incorporated with the latest technology and improved reliability will be a major factor contributing to the growth of the market in the coming years. According to this market research report, this segment will continue to dominate the market during the next four years as well.
Segmentation by end-users and analysis of the baker mixer market
This market study estimates that the bakeries segment accounted for the major shares and dominated the market during 2016 and will continue its market dominance during the next four years as well. The emergence of several startup bakeries across the globe and the rise in funding which helps them establish innovative infrastructure and purchase commercial bakery equipment will be a major factor fueling the growth of the market during the next four years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global baker mixer market?
- What are the key market trends impacting the growth of the global baker mixer market?
- What are the challenges to market growth?
- Who are the key vendors in the global baker mixer market?
- What are the market opportunities and threats faced by the vendors in the global baker mixer market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global baker mixer market?
Technavio also offers customization on reports based on specific client requirement.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
- Overview of baker mixer
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Segmentation by type
- Segmentation by type
- Spiral mixer
- Planetary mixer
PART 07: Segmentation by end-users
PART 08: Geographical segmentation
- Geographical segmentation
- APAC
- EMEA
- Americas
PART 09: Market drivers
- Increase in demand for bakery products
- Constant innovation and economies of scale
- Increase in number of bakery manufacturing plants
PART 10: Impact of drivers
PART 11: Market challenges
- Issues in dough mixing process
- High operational cost and lack of trained staff
- Prevailing market for used baker mixer equipment
PART 12: Impact of drivers and challenges
PART 13: Market trends
- Increasing focus on technology and energy-efficient products
- Bakers looking for well-made equipment to reduce mixing time
- Availability of financing and leasing options for baker mixer equipment
PART 14: Vendor landscape
PART 15: Key vendor profile
- Hobart
- Globe Food Equipment Company
- Robot Coupe
- Baker Perkins
- Other prominent vendors
PART 16: Appendix
PART 17: Explore Technavio