According to the survey of U.S. Census data and Simmons National Consumer (NHCS), the consumption of bagels continuously augmented in the year 2018 in the U.S. The rise in the consumption of baked products such as bagels, pizza, bread, donuts, and others, along with consumers' preference to eat outside food more than eating at home, increased the demand for the baking oven to produce baked foods. Therefore it is anticipated to aid the market's growth in upcoming years.
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Data Bridge Market Research analyses that the Baking Oven Market is expected to reach EUR 4,927.24 million by 2029 from EUR 3,545.39 million in 2021, growing with a CAGR of 4.20% in the forecast period of 2022 to 2029. Shifting inclination towards healthy bakery products among of consumers will provide potential opportunities for the market growth in the forecast period.
Rapid increase in number of bakeries and pizzerias is expected to drive the market's growth rate
The rapid growth in the number of pizzerias and bakeries to fulfill the increasing demand for baked food is expected to propel the market growth. There is a sudden growth in the demand for professional and local outlets of pizza, cakes, burgers, cookies, among others in various big and small cities, namely San Diego, Mumbai, California, New Delhi among others, especially after the pandemic period to meet the demand of baked goods among consumers. The consumption pattern of the consumers has changed specifically after the COVID-19 pandemic, and the demand for comfort food such as baked goods has increased considerably. With the changing lifestyle and eating pattern, the demand for the baked goods has increased, which has led to the opening of new bakeries and pizzerias outlets even to fulfill consumers' demand. As a result of these factors, the demand for the baking ovens also increases, which eventually drives the market's growth rate.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in EUR Million, Volumes in Units, Pricing in EUR
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Segments Covered
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Type (Gas Ovens, Electric Ovens, Peel Brick Oven, Rack Oven, Reel Oven, Conveyorized Oven, Tunnel Oven, Hybrid Oven, and Others), Structure (Countertop and Built-In), Key Oven Feature (High Tensile Oven, Corrosion Resistant Oven, High Thermal Resistant Oven, All Features Included Oven, and Others), Temperature (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), Certification (ISO 9001, ISO 9000, ISO 14001, ISO 14000, OHSAS/ OHSMS 18001, ISO9001:2015, and Multiple Certifications), End User (Restaurants, Café, Hotels, Bakery, and Others), Application (Bread, Rolls, Biscuits, Cookies, Bagels, Buns, Loaf, Cakes/Pastries, Muffins, Pizza, Doughnuts, Baked Snacks, Dry Fruits, Vegetables, And Others), Distribution Channel (Direct and Indirect)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Market Players Covered
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Bühler (Switzerland), GEA Group Aktiengesellschaft (Germany), Baker Perkins (U.K.), Spooner Vicars (U.K.), POLIN E C. SPA (Italy), PROMET (U.S.), MASDAC MACHINERY Co., Ltd. (Japan), 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 (U.S.), Wonderchef Home Appliances Pvt. Ltd (India), Werner & Pfleiderer Food Technology GmbH (Germany), LASER S.R.L. (Italy), J4 s.r.o. (Czechia) among others.
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The baking oven market is segmented on the basis of 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. The gas ovens segment is expected to dominate the market with a CAGR of 4.4% in the forecast period of 2022 to 2029 because of growing demand for ovens with easy operations.
- On the basis of structure, the global baking oven market is segmented into a countertop and built-in. Built-in segment is expected to dominate the market with a CAGR of 3.8% in the forecast period of 2022 to 2029 owing to the increasing demand for ovens that provide 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.
The high thermal resistant oven segment of key oven features segment is anticipated to dominate the baking oven market
The high thermal resistant oven segment is expected to dominate the market with a CAGR of 4.3% in the forecast period of 2022 to 2029 owing to growing demand for ovens that provide resistance to the high temperature or flow of heat and help to maintain the perfect 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. Up to 450°F segment is expected to dominate the market with a CAGR of 4.3% in the forecast period of 2022 to 2029 owing to the increasing demand for the oven to perfectly baked products, including muffins, pies, cheesecakes, 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.
The ISO 9001 segment of certification segment is anticipated to dominate the baking oven market.
ISO 9001 segment is expected to dominate the market with a 4.8% in the forecast period of 2022 to 2029 because rising demand for highly-efficient ovens that provide better quality products along with increasing demand for certification to promote their products.
- On the basis of end user, the global baking oven market is segmented into restaurants, café, hotels, bakery, and others. The bakery segment is expected to dominate the market with a CAGR of 4.3% in the forecast period of 2022 to 2029 owing to a rise in demand for baking ovens among artisan bakers or commercial bakersto 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. The bread segment is expected to dominate the market with a CAGR of 4.9% in the forecast period of 2022 to 2029 owing to growing demand for ideal texture and high-quality bread along with increasing demand for highly effective temperature control oven to bake bread.
- On the basis of distribution channel, the global baking oven market is segmented into direct and indirect. The direct segment is expected to dominate the market with a CAGR of 4.0% in the forecast period of 2022 to 2029 owing to the increasing demand for high-performance and highly efficient 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 Bühler (Switzerland), GEA Group Aktiengesellschaft (Germany), Baker Perkins (U.K.), Spooner Vicars (U.K.), POLIN E C. SPA (Italy), PROMET (U.S.), MASDAC MACHINERY Co., Ltd. (Japan), 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.),
Market Development
- In 2021, MIWE has introduced an upgraded model of its popular MIWE roll-in e+ rack oven. Available exclusively from European Process Plant Ltd (EPP), a bakery equipment supplier in the Ireland and United Kingdom, this latest oven includes improved steam device performance, MIWE Heat Flow technology and improved insulation.
- In 2021, Alto-Shaam introduced the latest version of its Vector® F Series of Multi-Cook Ovens, an advanced user-friendly interface and ability to stack with a Combitherm® oven. The new Vector oven is specially designed for foodservice operations where consistently high-quality and high-volume food is required. It is capable of cooking variety of foods to an exceptionally high standard.
- In 2020, WP Bakery Group introduced VACUSPEED vacuum technology for bakeries. It aids in cooling down the hot products from the oven with minimum energy usage and helps increase the shelf life of rolls, bread and Danish pastries. Moreover, with the aid of a dough-specific process, the vacuum cells cool gently, quickly and with minimum loss of moisture
- In 2020, UNOX introduced the Bakerlux SPEED.Pro to the UK market. This was the first speed baking oven that combines performance of both high-speed and convection ovens to save kitchen space. The SPEED.Pro provides triple cooking, microwave for quick internal heating, convection for golden browning on the outside, and conduction for crusty toasting by contact.
Regional Analysis
Geographically, the countries covered in the baking oven market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in baking oven market during the forecast period 2022 - 2029
Asia-Pacific dominates the baking oven market owing to the rapid growth in number of pizzerias and bakeries in this region. Furthermore, increasing demand for readymade and bakery products is another major factor which will further boost the growth of the baking oven market.
North America is estimated to be the fastest-growing region in baking oven market the forecast period 2022 - 2029
North America is expected to grow during the forecast period of 2022-2029 due to the growing consumption of Western food from food outlets, and increasing recipe innovation in this region. Moreover, wide adaption of baking oven in the commercial and household sector is another major factor which is expected to increase the market share in the global baking oven market.
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