Dough Equipment Market Share Latest Innovations, Drivers, Dynamics And Strategic Analysis, Challenges
Market Overview
Dough equipment have served as a mechanized
solution to the dough making process to the manufacturers and people around the
kitchen. In earlier days, dough making was considered to be a time taking and
difficult task due to inconsistency in method and lack of knowledge among the
people involved in dough making. However, as the technology has advanced, the
process of dough making has become very easy due to mechanization process.
Dough equipment has also benefited manufacturers to design the dough as per the
needs, considering these benefited use, there is a wide range of opportunity
for dough equipment over the global bakery and food industry.
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Market Forecast
Dough equipment majorly include sheeters, moulders,
mixers, hoppers and dividers. These mechanized equipment serve as better
alternatives for dough preparation over conventional methods. Lesser time
consumption, easy operations and hygienic quality of end product has attracted
the manufacturers and people at kitchen, this is considered to be a key driving
factor for dough equipment market. Moreover, increased demand for high quality
convenience food is adding fuel to the growth of dough
equipment market share.
Increase in awareness of dough equipment among
small scale bakery product manufacturers and large industries is increasing its
application in various bakery and food industries which is further boosting the
market growth of dough equipment. Moreover, increasing application of dough
equipment in the various product line of food industry is expected to surge the
market growth of dough equipment. All these factors are projected to contribute
to the estimated CAGR of 6.5% of dough equipment market during the forecast
period 2017-2023.
Downstream Analysis
On the basis of type, dough equipment are segmented
into sheeters & moulders, mixers, dough hoppers and chutes, dividers and others.
Among them sheeters & moulders is dominating the market with its attribute
of sheeting the dough of desired thickness and molding the dough as per the
products requirement specially in pizza and bread. However, dough mixers is
witnessing a moderate growth in this segment.
Based on the
application, dough equipment are segmented into cakes & pastries, cookies
& biscuits, pizza crusts, breads and others. Among all, the pizza crusts
segment is dominating the market owing to varying crust size and thickness
demand in pizza from both manufacturers and consumers. However, the use
of dough equipment in bread preparation is projected to witness a steady growth
in application of dough equipment.
Competitive Analysis
The major players in the Dough Equipment Market
- Somerset Industries, Inc. (U.S.)
- JBT Corporation Ltd. (U.S.)
- HIX Corporation (U.S.)
- GEA Group AG (Germany)
- Doyon Baking Equipment Inc.
(Canada)
- Baxter Manufacturing Inc. (U.S.)
- Baker
Perkins Ltd. (U.K)
Regional Analysis
The global dough
equipment market is segmented into North America, Europe, Asia Pacific and rest
of the world (RoW). North America is dominating the market followed by Europe.
Increasing health conscious population and their inclination towards high quality
hygienic food is driving the market for dough equipment in North America.
Moreover, increasing awareness of dough equipment in developing countries such
as India, China and Japan is boosting the Asia Pacific market.
North America is
witnessing a steady growth in dough equipment market in which the U.S. is
dominating the North American market. Moreover, Europe and Asia Pacific are
expected to show the modest growth over the forecast period.
Market Segmentation
Dough Equipment Market is segmented on the basis of type, application
and region.
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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.
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