The Bakery Processing Equipment Market is anticipated to grow at a compound annual growth rate (CAGR) of 6.6% from 2018 to 2024, reaching $19,555.1 million by 2024 from $13,346.6 million in 2018. This growth is driven by product innovations, a rising demand for healthier ingredients, and an increasing adoption of western eating habits in emerging markets such as Latin America, the Middle East, Africa, and Asia. These trends have contributed to the consistent 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

Headquartered in Dusseldorf, Germany, and founded in 1881, GEA Group Aktiengesellschaft is a global leader in process technology and equipment for a range of industries, including food processing. GEA's Business Area Equipment division provides bakery equipment such as depositors, dough feeders, and cooling systems. Meanwhile, its Business Area Solutions focuses on process solutions for bakery products like cakes and cookies. GEA operates across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, with a strong network of subsidiaries and partners.

2. ALI Group S.R.L. A Socio Unico

Founded in 1963 and based in Cernusco, Italy, ALI Group S.R.L. A Socio Unico is a major manufacturer of food-service equipment, including bakery machinery like molders, proofers, and bread lines. ALI Group’s extensive global reach is supported by 57 manufacturing plants in 29 countries and subsidiaries such as Belshaw Adamatic Bakery Group (U.S.) and Bertrand Puma (France).

3. Heat and Control, Inc.

Heat and Control, Inc., headquartered in San Francisco, U.S., was established in 1950 and is a leading supplier of food equipment systems. The company offers a wide range of bakery processing equipment, including fryer and oven systems. Heat and Control’s manufacturing operations span the U.S., Australia, Mexico, China, and South Africa, and it has a robust global presence with 30 regional sales offices.

4. The Middleby Corporation

Founded in 1888 and headquartered in Elgin, U.S., The Middleby Corporation is a key player in the global food equipment industry. Middleby provides a comprehensive range of bakery processing solutions, including equipment for baking muffins and cookies, as well as commercial ovens, fryers, and proofers. The company’s extensive global operations include 31 domestic and 26 international facilities.

5. John Bean Technologies Corporation

Established in 1884 and headquartered in Chicago, U.S., John Bean Technologies Corporation (JBT) is a prominent provider of technology solutions for food processing and air transportation. JBT’s FoodTech segment offers bakery processing equipment such as ovens and chillers. The company has a global footprint with production facilities across the U.S., Europe, Asia, and South America, supported by a network of sales and service offices in over 25 countries.

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6. Baker Perkins Ltd.

Baker Perkins Ltd., founded in 1920 and based in Peterborough, U.K., is a leading manufacturer of processing machines for the bakery and confectionery industries. The company’s product range includes mixers, proofers, molders, and dough resting systems. Baker Perkins maintains a strong global presence through its subsidiary Baker Perkins Inc. (U.S.) and an extensive distributor network.

7. Rheon Automatic Machinery Co. Ltd.

Founded in 1963 and headquartered in Nozawa-machi, Japan, Rheon Automatic Machinery Co. Ltd. is a leader in the development and manufacturing of bakery processing machines. Rheon’s product offerings include equipment for the production of bread, croissants, and pizzas. The company has a broad geographic presence with subsidiaries and sales networks in over 30 countries.

8. Sinmag Equipment Corporation

Headquartered in Taipei City, Taiwan, and established in 1983, Sinmag Equipment Corporation is involved in the manufacturing and sales of bakery and kitchen equipment. The company offers a wide array of bakery processing equipment, including mixers, rounders, and ovens. Sinmag’s global operations include manufacturing facilities in the U.S., Taiwan, China, Malaysia, and Thailand, with a distribution network in more than 27 countries.

9. Markel Ventures Inc.

Based in Glen Allen, U.S., and founded in 2005, Markel Ventures Inc. is a subsidiary of Markel Corporation and operates in the bakery processing equipment sector through its Markel Food Group. The group includes brands like AMF Bakery Systems and Reading Bakery Systems. Markel Ventures’ global presence is supported 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 both artisanal and industrial bakers. The company’s product line includes mixers, dividers, and automated production lines. Koenig’s global footprint is supported by sales companies in Germany, the U.S., the Netherlands, Russia, and Hungary, along with a strong network of sales and service partners.

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