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Bakery Packaging Machine Market Size

  • Report ID: GMI7442
  • Published Date: Aug 2024
  • Report Format: PDF

Bakery Packaging Machine Market Size

Bakery Packaging Machine Market was valued at around USD 2.9 billion in 2023 and is anticipated to register a CAGR of 4.4% between 2024 and 2032.

 

Driven to several reasons, including demand for packaged bakery products is on the rise, alongside the expansion of bakery chains and retail outlets. Consumers are increasingly gravitating towards ready-to-eat bakery items, underscoring the importance of efficient and visually appealing packaging. Data from the Atlantic Healthy Food Ecosystem (AHFES) highlights Europe's significant appetite for bread and bakery products, with an average consumption of 57 kg per capita. While consumption patterns vary across the EU, most countries average around 50 kg per person annually. Notably, Germany and Austria lead the pack with an average of 80 kg, while the UK and Ireland straggle, consuming less than 50 kg annually.
 

The bakery market is witnessing a surge in growth, fueled by the expansion of bakery chains and both online and offline retail outlets. This expansion is directly increasing the demand for appealing bakery packaging solutions. Furthermore, technological advancements creating lucrative opportunities for manufacturers to introduce advanced bakery packaging machines, aligning with.
 

the rising demand. Notably, the prevalence of automated and robotic packaging machines is on the rise, bolstering bakery operational efficiency and output. As a result, it is anticipated the rising demand for packaged bakery products, expansion of bakery chains and retail outlet and advancement in packaging technology propel the demand for bakery packaging machine market growth during the forecasted period.
 

Meeting strict food safety rules and hygiene standards is crucial. Packaging machines must be designed and maintained to keep bakery products safe. The focus on sustainability means developing packaging machines that use eco-friendly materials and processes. High upfront costs of bakery packaging machines can be a barrier for small and medium-sized bakeries wanting to automate. Rapid technological changes can make existing machines outdated. Keeping up with new innovations requires ongoing investment in upgrading and maintaining equipment. Increasing consumer and regulatory demands for sustainable packaging can require significant investment in new materials and technologies, making it challenging for manufacturers to adapt quickly.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Market size for bakery packaging machine was valued at USD 2.9 billion in 2023 and is anticipated to register a CAGR of over 4.4% between 2024 and 2032, backed by the booming bakery sector, rising automation trend, and need to efficient packaging solutions.

Automatic packaging machines accounted for over 75% market share in 2023 and is projected to record 4.6% CAGR through 2032, driven by bakeries with high production volumes, where the efficiency and speed of automation are crucial for meeting demand.

Europe market held a revenue share of around 30% in 2023 and anticipated to record a CAGR of around 4.5% through 2032, due a strong tradition of bakery consumption, and advancement in packaging technology.

Bosch Packaging Technology (Robert Bosch GmbH), ARPAC LLC, Ishida Co. Ltd., The Middleby Corporation, MULTIVAC, Rademaker B.V., and Bühler AG among others.

Bakery Packaging Machine Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 171
  • Countries covered: 21
  • Pages: 220
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