The Bakery Processing Equipment Market is projected to expand at a CAGR of 6.6% between 2018 and 2024, with the market size expected to reach $19,555.1 million by 2024, up from $13,346.6 million in 2018. The driving forces behind this growth include increased demand for healthier bakery products, technological advancements in processing equipment, and the growing adoption of Western dietary habits in emerging regions like Latin America, the Middle East, Africa, and Asia. These factors collectively contribute to the steady expansion of the global bakery processing equipment market.
Here are the top 10 companies operating in the Bakery Processing Equipment Market
1. GEA Group Aktiengesellschaft
Founded in 1881 and headquartered in Dusseldorf, Germany, GEA Group Aktiengesellschaft is a global leader in process technology and equipment, particularly within the food processing industry. The company’s Business Area Equipment division provides an array of bakery processing equipment, including depositors, dough feeders, and rotary molders. GEA's global footprint extends across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, bolstered by a network of subsidiaries and partners, including GEA Imaforni S.P.A and GEA Comas S.P.A in Italy.
2. ALI Group S.R.L. A Socio Unico
ALI Group S.R.L. A Socio Unico, established in 1963 and headquartered in Cernusco, Italy, is a prominent manufacturer of food-service equipment, including bakery machinery such as moulders, proofers, and bread lines. The company has a significant global presence, with 57 manufacturing plants in 29 countries and subsidiaries like Belshaw Adamatic Bakery Group in the U.S. and Bertrand Puma in France, enhancing its reach in the bakery processing equipment market.
3. Heat and Control, Inc.
Founded in 1950 and headquartered in San Francisco, U.S., Heat and Control, Inc. is a leading manufacturer and supplier of food processing systems, including bakery equipment like fryer systems and oven systems. The company operates globally, with manufacturing facilities in the U.S., Australia, Mexico, China, and South Africa, and maintains 30 regional sales offices to support its international operations.
4. The Middleby Corporation
Headquartered in Elgin, U.S., and founded in 1888, The Middleby Corporation is a major player in the food equipment industry, providing a wide range of processing solutions for industrial and commercial kitchens. The company’s bakery processing offerings include equipment for baking muffins, cookies, and bread, alongside commercial ovens, fryers, and proofers. Middleby’s extensive global operations are supported by 31 domestic and 26 international facilities.
5. John Bean Technologies Corporation
John Bean Technologies Corporation (JBT), founded in 1884 and based in Chicago, U.S., specializes in providing advanced technology solutions for the food processing and air transportation sectors. The company’s JBT FoodTech segment offers bakery processing equipment, including ovens, cookers, and chillers. JBT's global presence is bolstered by production facilities in the U.S., Europe, Asia, and South America, along with sales and service offices in over 25 countries.
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6. Baker Perkins Ltd.
Founded in 1920 and headquartered in Peterborough, U.K., Baker Perkins Ltd. is renowned for designing and manufacturing processing machines for the bakery and confectionery sectors. The company’s product range includes mixers, proofers, moulders, and dough resting systems, supported by a strong global presence through its subsidiary Baker Perkins Inc. in the U.S. and an extensive distributor network.
7. Rheon Automatic Machinery Co. Ltd.
Rheon Automatic Machinery Co. Ltd., established in 1963 and headquartered in Nozawa-machi, Japan, is a leading developer of bakery processing machines. Rheon’s equipment is widely used for producing bread, croissants, and pizzas. The company has a global reach, with subsidiaries and sales networks in over 30 countries, including the U.S., Germany, and other key markets.
8. Sinmag Equipment Corporation
Headquartered in Taipei City, Taiwan, and founded in 1983, Sinmag Equipment Corporation is a prominent manufacturer of bakery and kitchen equipment. The company’s offerings include mixers, rounders, proofers, and ovens, with a strong global presence supported by manufacturing facilities in the U.S., Taiwan, China, Malaysia, and Thailand, and a distribution network spanning over 27 countries.
9. Markel Ventures Inc.
Markel Ventures Inc., based in Glen Allen, U.S., and founded in 2005, operates within the bakery processing equipment sector through its Markel Food Group. The group, comprising companies like AMF Bakery Systems and Reading Bakery Systems, provides a wide range of bakery processing equipment. Markel Ventures’ global presence is reinforced by manufacturing facilities in the U.S. and the Netherlands.
10. Koenig Maschinen GmbH
Founded in 1966 and headquartered in Graz, Austria, Koenig Maschinen GmbH is a leading manufacturer of bakery processing equipment for artisanal and industrial bakers. The company offers a comprehensive range of equipment, including mixers, dividers, proofers, and automated production lines. Koenig’s global reach is supported by sales companies in Germany, the U.S., the Netherlands, Russia, and Hungary, as well as a robust network of sales and service partners.
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