News | May 20, 2018

Top Factors Driving The Global Industrial Bakery Ovens Market | Technavio

LONDON--(BUSINESS WIRE)--

Technavio market research analysts forecast the global industrial bakery ovens market to grow at a CAGR of close to 7% during the period 2018-2022, according to their latest report. In this report, Technavio highlights the increasing focus toward reduction in energy consumption and costs as one of the key emerging trends in the global industrial bakery ovens market.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180520005042/en/

Technavio has published a new market research report on the global industrial bakery ovens market fr ...

Technavio has published a new market research report on the global industrial bakery ovens market from 2018-2022. (Graphic: Business Wire)

Energy efficiency is important for bakery processors in order to decrease operational costs and save energy. Energy consumption represents almost 15% of the operational costs, thus, manufacturers have come up with proven solutions to reduce power usage.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio analysts highlight the rise in demand for high-quality bakery products as a key factor contributing to the growth of the global industrial bakery ovens market:

Rise in demand for high-quality bakery products

There is high demand for high-quality bakery products with improved taste and texture among consumers. Industrial bakery ovens help in producing high-quality bakery products such as bread, biscuits, and cookies among others. Ovens help in reducing moisture content, enhancing color, and improving the structure and texture of bakery products. During the bakery process, the structure and texture formation happens at the first section of the baking oven, moisture reduction happens at the middle section of the oven, and color enhancement happens at the last section of the oven. Industrial bakery ovens aid in producing high-quality, low-density, and low-moisture content biscuits with a flaky texture. The ovens also help in producing biscuits with enhanced crispness, softness, smoothness, and crunchiness.

According to a senior analyst at Technavio for food service, “Several bakery processors are investing in hybrid ovens to increase production efficiency and to have better control over flavor, taste, and texture of the final product. Some of the major players of industrial bakery ovens are concentrating on offering ovens that can produce high-quality end products.”

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global industrial bakery ovens market segmentation

This market research report segments the global industrial bakery ovens market into the following key regions, including the Americas, APAC, and EMEA.

EMEA was the leading region for the global industrial bakery ovens market in 2017, accounting for a market share of nearly 36%. The rise in popularity of in-store and artisan bakeries across EMEA will reduce the demand for factory-manufactured bakery products. In addition, increase in health concerns among consumers across Europe has led to a decrease in consumption of various fatty foods such as bakery products. These factors are expected to drive market growth during the forecast period.

 

Save big with Technavio this May!
Find out what companies are venturing in to beat the heat this summer! Technavio indulges you with a massive 20% OFF on all non-alcoholic beverages reports for the entire month.
OR
Technavio honors the achievements and efforts of Motherhood this Mother's Day by offering a whopping 30% OFF on all cosmetics and toiletry reports. Offer valid from 7th May for a limited period.

 

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

 


Copyright Business Wire 2018