The industrial bakery ovens market share is expected to increase by USD 267.98 million from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 2.99%.
This industrial bakery ovens market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers industrial bakery ovens market segmentation by product (tunnel ovens and others) and geography (Europe, North America, APAC, MEA, and South America). The industrial bakery ovens market report also offers information on several market vendors, including Aasted ApS, Ali Group Srl, Buhler AG, C.H. Babb Co. Inc., CS aerotherm Pvt. Ltd., J4 sro, MECATHERM SAS, Schenck Process Holding GmbH, The Lanly Co., and The Middleby Corp. among others.
What will the Industrial Bakery Ovens Market Size be During the Forecast Period?
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Industrial Bakery Ovens Market: Key Drivers, Trends, and Challenges
The rise in demand for high-quality bakery products is notably driving the industrial bakery ovens market growth, although factors such as high energy consumption of industrial bakery ovens may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial bakery ovens industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Industrial Bakery Ovens Market Driver
The rise in demand for high-quality bakery products is one of the key drivers supporting the industrial bakery ovens market growth. Ovens help in reducing moisture content, enhancing color, and improving the structure and texture of bakery products. These ovens help in producing high-quality, low-density, and low-moisture content biscuits with a flaky texture. The ovens also help in producing biscuits with improved crispiness, softness, smoothness, and crunchiness. Moreover, many bakery processors are investing in hybrid ovens to increase production efficiency and to have better control over the flavor, taste, and texture of the final product. Thus, the availability of industrial ovens that offer precise control over various aspects of food processing could increase the demand in the global industrial bakery ovens market during the forecast period.
Key Industrial Bakery Ovens Market Trend
The introduction of advanced industrial bakery ovens is another factor supporting the industrial bakery ovens market growth. A few major vendors in the global industrial bakery ovens market have been trying to improve their competitive advantage by introducing new products with advanced features. For instance, in September 2020, Mono Equipment launched its new advanced product called MX Rack Oven. Due to a rapid recovery time and a fully integrated steam system, the oven is made of hygienic stainless steel for durability and ease of cleaning. It is designed for continuous baking with no waiting time between bakes. The large, double-glazed door window improves the visibility of the baking product and allows for easy visual monitoring of the baking process. Such innovations are expected to drive market growth during the forecast period.
Key Industrial Bakery Ovens Market Challenge
The high energy consumption of industrial bakery ovens is hindering the industrial bakery ovens market growth. An increase in energy costs is one of the major concerns in the bakery industry. The use of electrical energy in the bakery industry is significant. Ovens are major consumers of energy in the form of electricity and gas. In a direct-fired gas oven, energy use occurs during combustion and water evaporation. For instance, an average bakery has an annual energy bill of around $1 million, out of which operating costs for ovens alone may represent $400,000-$500,000. High costs of energy will decrease the profit margin of end-users. Such factors are impeding market growth.
This industrial bakery ovens market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Parent Market Analysis
Technavio categorizes the industrial bakery ovens market as a part of the global household appliances market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industrial bakery ovens market during the forecast period.
Who are the Major Industrial Bakery Ovens Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Aasted ApS
- Ali Group Srl
- Buhler AG
- C.H. Babb Co. Inc.
- CS aerotherm Pvt. Ltd.
- J4 sro
- MECATHERM SAS
- Schenck Process Holding GmbH
- The Lanly Co.
- The Middleby Corp.
This statistical study of the industrial bakery ovens market encompasses successful business strategies deployed by the key vendors. The industrial bakery ovens market is fragmented and the vendors are deploying growth strategies such as offering energy-efficient, high-capacity equipment with advanced features to compete in the market.
Product Insights and News
- Aasted ApS - The company offers a wide range of industrial bakery ovens such as Conny convection oven, Conny direct as fired oven among others.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The industrial bakery ovens market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Industrial Bakery Ovens Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the industrial bakery ovens market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the household appliances market includes the following core components:
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovations
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
Which are the Key Regions for Industrial Bakery Ovens Market?
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40% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the industrial bakery ovens market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increasing demand for low-fat, gluten-free bakery products with innovative flavors will facilitate the industrial bakery ovens market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 hampered the businesses of vendors, as various governments across the world imposed nationwide lockdowns to prevent the spread of the disease. Owing to the shutdown, the hotel, restaurants, and manufacturing units, which are related to industrial bakery ovens, are temporarily closed. However, with rapid vaccination drives and partial lockdown norms, commercial places using industrial bakery ovens like hotels and restaurants started re-opening and resuming their operations in this region, as governments have eased lockdown and transportation norms. This is expected to drive the growth of the regional industrial bakery ovens market during the forecast period.
What are the Revenue-generating Product Segments in the Industrial Bakery Ovens Market?
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The industrial bakery ovens market share growth by the tunnel ovens segment will be significant during the forecast period. Tunnel ovens have perforated-pipe gas burners distributed along the length of the oven. They have long conveyors that carry dough pieces throughout the length of the oven. These ovens offer even distribution of heat throughout the baking process and have the flexibility of using fuels (such as gas and oil) or electricity for operation. High lifetime makes industrial bakery tunnel ovens an effective investment. This could act as a key driver for increasing the demand for industrial bakery tunnel ovens during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial bakery ovens market size and actionable market insights on post COVID-19 impact on each segment.
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Industrial Bakery Ovens Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 2.99% |
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Market growth 2021-2025 |
$ 267.98 million |
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Market structure |
Fragmented |
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YoY growth (%) |
2.44 |
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Regional analysis |
Europe, North America, APAC, MEA, and South America |
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Performing market contribution |
APAC at 40% |
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Key consumer countries |
US, China, UK, Italy, and Japan |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Aasted ApS, Ali Group Srl, Buhler AG, C.H. Babb Co. Inc., CS aerotherm Pvt. Ltd., J4 sro, MECATHERM SAS, Schenck Process Holding GmbH, The Lanly Co., and The Middleby Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Industrial Bakery Ovens Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive industrial bakery ovens market growth during the next five years
- Precise estimation of the industrial bakery ovens market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the industrial bakery ovens industry across Europe, North America, APAC, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of industrial bakery ovens market vendors
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