According to IMARC Group latest report titled” Bread Maker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on bread maker market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global bread maker market size reached US$ 551.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 841.9 Million by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028.
A bread maker is an electrical equipment used for making bread from raw ingredients. It consists of a bread pan with a paddle mounted at the center of the base oven, which is operated through a control panel. It also includes a built-in timer to stop mixing, allow for the dough to rise and settle and bake at the desired temperature. The bread maker can also be used to bake rolls, burger buns, brioche, baguettes, loaves and ciabatta. In comparison to handmade breads, machine-made breads are fluffier and have a softer texture. As a result, it is widely used in cafes, hotels, restaurants and the residential sector.
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Market Trends:
The global bread maker market is primarily being driven by the increasing consumer preference for ready-to-eat (RTE) food products. Bread makers enable the individuals to add the ingredients and schedule the timer to automatically bake bread. Moreover, various technological advancements, such as the integration of artificial intelligence (AI) and smart functioning technologies to enhance the convenience for the user, are providing a thrust to the market growth. Other factors, including the increasing working population, along with significant growth in the food and beverage industry, are creating a positive outlook for the market.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Braun GmbH
- Breville Group Limited
- Electrolux AB
- JVCKenwood Corporation
- Koninklijke Philips N.V.
- Midea Group
- Panasonic Corporation
- Sharp Corporation
- Siroca Inc.
- Stanley Black & Decker Inc.
- Wilkinson Baking Company
- Zojirushi Corporation
Bread Maker Market Segmentation:
Our report has categorized the market based on region, product type, connectivity and distribution channel.
Breakup by Product Type:
- Horizontal
- Vertical
Breakup by Connectivity:
- Wired
- Wireless
Breakup by Distribution Channel:
- Supermarket and Hypermarket
- Online Stores
- Retail Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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