Bakery industry is a global market, showing a growth trend in recent years. The industry covers a wide range of products, including bread, cakes, pastries, biscuits and other baked goods.
The change of consumer preferences, the increase of disposable income and the acceleration of urbanization have promoted the demand for baked goods.
According to the report of Grand View Research, the global bakery industry is expected to grow at a compound annual growth rate of 3.8% from 2021 to 2028. The market size in 2020 is 345.8 billion US dollars, and it is expected to reach 463.2 billion US dollars by 2028. The Asia-Pacific region is expected to become the fastest growing market, driven by the accelerated urbanization process and the increase of disposable income in countries such as China and India.
Major Consumption Countries:
The United States, China, and Japan are the largest consumers of bakery and pastry products in the world. In the United States, the bakery industry generates over $50 billion in revenue each year, with bread and cakes being the most popular products. In China, the bakery and pastry market is growing rapidly due to changing consumer habits and increasing demand for Western-style baked goods. Japan has a long tradition of pastry making, and the country is known for its unique pastry creations, including wagashi and mochi.
Bakery Machinery Development:
The bakery machinery industry has also seen significant growth in recent years, driven by increasing automation and demand for high-quality baked goods. The use of bakery machinery can increase efficiency, reduce labor costs, and improve product quality.
- Some of the latest developments in bakery machinery include:
- Automated dough processing equipment that can mix, press and shape dough.
- Continuous baking systems that can produce large quantities of baked goods with consistent quality.
- The cooling system cools the baked products to room temperature for easy packaging and storage.
- High-speed packaging machines that can package large quantities of baked goods quickly and efficiently.
Overall, the bakery and pastry industry is expected to continue to grow in the coming years, driven by changing consumer preferences, increasing urbanization, and technological advancements in bakery machinery. If you want to know more about the bakery machinery, please contact us. Email: lisa@machinehall.com, whatsapp/wechat/phone: +8615515571373.