Rapid increase in Readymade or Bakery Food Products is expected to accelerate the Growth for Baking Oven Market

 

The population across the globe are more inclined and dependent on baked food such as bread, pizza, buns, and others due to the hectic life schedule. Moreover, as bakeries tend to increase the production of bakery products with the rising popularity of natural, organic, and healthy bakery products, the demand for the baking oven is bound to increase.

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Data Bridge Market Research analyses that the baking oven market is expected to grow at a CAGR of 4.2% in the forecast period of 2022 to 2029 and is expected to reach USD 4,927.24 million by 2029. Moreover, with the changing eating pattern, the demand for baked goods has increased, leading to the opening of new bakeries and pizza outlets even during the pandemic to fulfill consumers' demand. The demand for local and professional outlets of pizza, burgers, cookies, and cakes, among others in various small and big cities, namely California, New Delhi, San Diego, and Mumbai, will largely provide growth opportunities the market.

Baking Oven Market

Increase in Consumption of Baked Goods Is Expected To Drive the Market's Growth Rate

As per the U.S. Census data and Simmons National Consumer Survey (NHCS), the consumption of bagels in the U.S. continuously increased within the year 2018. The surge in demand for bakery products coupled with the increasing consumption of bakery products among consumers is the key factor in boosting the market's growth. Moreover, due to change in eating pattern of consumers they are more inclined towards comfort and convenience food products such as bread, cakes, biscuits, rolls, puffs, and others. This ultimately increases the demand for the baking oven to produce a large amount of baked goods. As a result, the increase in the consumption of bakery items among consumers globally is anticipated to propel the growth of the market over the forecast period.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2020 - 2015)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Type (Gas Ovens, Electric Ovens, Peel Brick Oven, Rack Oven, Reel Oven, Conveyorized Oven, Tunnel Oven, Hybrid Oven, Others), Structure (Countertop, Built-In), Key Oven Feature (High Tensile Oven, Corrosion Resistant Oven, High Thermal Resistant Oven, All Features Included Oven, Others), Temperature (Up To 200 °F, Up To 450°F, Up To 650°F, Up To 850°F, Up To 1000°F, More Than 1000°F), Certification (ISO 9001, ISO 9000, ISO 14001, ISO 14000, OHSAS/ OHSMS 18001, ISO9001:2015, Multiple Certifications), End User (Restaurants, Café, Hotels, Bakery, Others), Application (Bread, Rolls, Biscuits, Cookies, Bagels, Buns, Loaf, Cakes/Pastries, Muffins, Pizza, Doughnuts, Baked Snacks, Dry Fruits, Vegetables, Others), Distribution Channel (Direct, Indirect)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa

Market Players Covered

Bühler (Switzerland), GEA Group Aktiengesellschaft (Germany), Baker Perkins (U.K.), Spooner Vicars (UK), POLIN E C. SPA (Italy), PROMET (U.S.), MASDAC MACHINERY Co., Ltd. (Netherlands), SENIUS FOOD EQUIPMENT (Denmark), Hornos Saturnino de La Oliva S.A. (Spain), Rademaker (Netherlands),  BABBCO Tunnel Ovens (U.S.), USA PAN (U.S.), Newell Brands (U.S.), Pek Makina (Turkey), Wonderchef Home Appliances Pvt. Ltd (India), Werner & Pfleiderer Food Technology GmbH (Germany), LASER S.R.L. (Italy), J4 s.r.o. (Czechia) among others.

Data Points Covered in Report

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Segment Analysis:

The global baking oven market is segmented into seven segments based on type, structure, key oven feature, temperature, certification, end user, application, and distribution channel.

  • On the basis of type, the global baking oven market is segmented into gas ovens, electrical ovens, peel brick oven, rack oven, reel oven, conveyorized oven, tunnel oven, hybrid oven, and others. In 2022, the electrical ovens segment is expected to dominate the market with the highest CAGR of 4.4% in the forecast period of 2022 to 2029. The electrical ovens segment is expected to dominate the baking oven market due to the increasing demand for ovens with easy operations.
  • On the basis of structure, the global baking oven market is segmented into a countertop and built-in. In 2022, built-in segment is expected to dominate the market with the highest CAGR of 3.8% in the forecast period of 2022 to 2029. The built-in segment is expected to dominate the baking oven market due to the growing demand for ovens that offer high production capacity to the end users.
  • On the basis of key oven features, the global baking oven market is segmented into the high tensile oven, corrosion resistant oven, high thermal resistant oven, all features included oven, and others. In 2022, the high thermal resistant oven segment is expected to dominate the market with the highest CAGR of 4.3%

The high thermal resistant oven segment is expected to dominate the market

In 2022, the high thermal resistant oven segment is expected to dominate the market with the highest CAGR of 4.3% in the forecast period of 2022 to 2029. The high thermal resistant oven segment is expected to dominate the baking oven market due to increasing demand for ovens that offer resistance to the flow of heat or temperature through the oven and help maintain the ideal temperature to produce perfectly baked goods.

  • On the basis of temperature, the global baking oven market is segmented into up to 200 °F, up to 450°F, up to 650°F, up to 850°F, up to 1000°F, and more than 1000°F. In 2022, up to 450°F segment is expected to dominate the market with the highest CAGR of 4.3% in the forecast period of 2022 to 2029. The high growth of this segment is attributed to the growing demand for the oven to perfectly bake products, including pies, cheesecakes, muffins, and others at optimum temperature.
  • On the basis of certification, the global baking oven market is segmented into ISO 9001, ISO 9000, ISO 14001, ISO 14000, OHSAS/ OHSMS 18001, ISO9001:2015, and multiple certifications. In 2022, the ISO 9001 segment is expected to dominate the market with the highest CAGR of 4.8% in 2022 to 2029. The ISO 9001segment is expected to dominate the baking oven market due to increasing demand for highly-efficient ovens that offer consistent quality products coupled with rising demand for certification among oven manufacturers to promote their products.
  • On the basis of end user, the global baking oven market is segmented into restaurants, café, hotels, bakery, and others. In 2022, the bakery segment is expected to dominate the market with the highest CAGR of 4.3% in the forecast period of 2022 to 2029. The bakery segment is dominating due to a surge in demand for baking ovens among commercial bakers or artisan bakers to produce high-quality baked products.
  • On the basis of application, the global baking oven market is segmented into bread, rolls, biscuits, cookies, bagels, buns, loaf, cakes/pastries, muffins, pizza, doughnuts, baked snacks, dry fruits, vegetables, and others. In 2022, the bread segment is expected to dominate the market with the highest CAGR of 4.9%

The bread segment is expected to dominate the baking oven market

In 2022, the bread segment is expected to dominate the market with the highest CAGR of 4.9% in the forecast period of 2022 to 2029. The high growth of the bread segment within the market is attributed to the factors such as the increasing demand for high-quality, ideal texture bread coupled with growing demand for highly efficient temperature control oven to bake bread.

  • On the basis of distribution channel, the global baking oven market is segmented into direct and indirect. In 2022, the direct segment is expected to dominate the market with the highest CAGR of 4.0% in the forecast period of 2022 to 2029. The direct segment is expected to dominate the baking oven market due to the growing demand for highly efficient and high-performance ovens to produce bake goods.

Major Players

Data Bridge Market Research recognizes the following companies as the major baking oven market players in baking oven market are Bühler (Switzerland), GEA Group Aktiengesellschaft (Germany), Baker Perkins (U.K.), Spooner Vicars (UK), POLIN E C. SPA (Italy), PROMET (U.S.), MASDAC MACHINERY Co., Ltd. (Netherlands), SENIUS FOOD EQUIPMENT (Denmark), Hornos Saturnino de La Oliva S.A. (Spain), Rademaker (Netherlands),  BABBCO Tunnel Ovens (U.S.), USA PAN (U.S.), Newell Brands (U.S.), Pek Makina (Turkey), Wonderchef Home Appliances Pvt. Ltd (India), Werner & Pfleiderer Food Technology GmbH (Germany), LASER S.R.L. (Italy), J4 s.r.o. (Czechia) among others.

Baking Oven Market

Market Development

  • In August 2021, MIWE introduced an improved 2021 model of its popular MIWE roll-in e+ rack oven. Available exclusively from bakery equipment supplier European Process Plant Ltd (EPP) in the United Kingdom and Ireland, this latest oven includes MIWE Heat Flow technology, improved steam device performance, and improved insulation.
  • In December 2020, UNOX introduced the Bakerlux SPEED.Pro to the UK market, the first speed baking oven that combines the performance of both convection and high-speed ovens to save kitchen space. The SPEED.Pro offers triple cooking: convection for golden browning on the outside, microwave for quick internal heating, and conduction for crusty toasting by contact. It's appropriate for a variety of commercial applications, including retail, quick-service restaurants, and contract catering.
  • In August 2021, Alto-Shaam has released the latest version of its Vector® F Series of Multi-Cook Ovens, which features a new design, an advanced user-friendly interface, and the ability to stack with a Combitherm® oven to get the most out of a single, vertical cooking footprint. The new Vector oven is specifically designed for foodservice operations where high-volume, consistently high-quality food is required. It is capable of cooking a wide variety of foods to an exceptionally high standard.
  • In May 2021, Hafele launched a premium range of baking appliances such as an oven with precise temperature accuracy for perfectly cooked meat or vegetables. It also helps in speed up the cooking process.

Regional Analysis

Geographically, the countries covered in the baking oven market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

North America is the dominant region in baking oven market during the forecast period

North America dominated the baking oven market due to increased demand for readymade and bakery products. North America will continue to dominate the baking oven market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is due to the wide adaption of baking oven in household and commercial sector in this region.

Asia-Pacific is estimated to be the fastest growing region in baking oven market

Asia-Pacific is expected to grow during the forecast period due to the rapid increase in number of bakeries and pizzerias. In addition to this, increasing per-capita income are expected propel the market's growth rate in this region.

COVID-19 Impact Analysis

The outbreak of COVID-19 largely impacted the including the bakery industry. The pandemic has caused widespread production halts and supply chain disruptions, affecting the economy as well. The demand for edible products such as bakery, was high, and sales were up to par, as the supply of bakery was insufficient, as many bakeries had to close due to labor shortages. This led to the lesser deman of baking ovens across the bakeries. Additionally, the disruption in logistics facilities caused by the lockdown has caused additional issues in the market, as consumers were unable to get these baking ovens which led the market to suffer.

On the other hand, the pandemic increased demand for bakery products in the household sector by bringing in internal bakers. As a result, demand for baking oven is also surged largely. The incredible efforts of the entire bakery supply chain have enabled the increase in sales. Moreover, the regularities and initiatives taken by manufacturers for home delivery services and online deliveries of baking oven have helped the market remain stable even during the pandemic.

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