Baking Oven Market by 2018-2028 | Demand, Trends, Opportunities, Challenges, Competitive Situation | Douglas Insights
North America is anticipated to be the leading market for baking ovens due to the presence of a large number of bakers and confectioners in the region.
DOUGLAS, ISLE OF MAN, October 31, 2022 /EINPresswire.com/ -- Baking Oven Market Size Analysis:
The size of the baking oven market was valued at USD XX Bn in 2019 and is projected to reach USD XX Bn by 2028, at a CAGR of XX%. The demand for baking ovens has increased due to the growth in the food & beverage industry and the changing lifestyles of consumers.
Baking ovens are available in various types such as electric, gas, and induction. Electric baking ovens are the most commonly used type as they are easy to operate and maintain. Gas baking ovens are preferred by professional bakers as they provide more control over temperature than electric baking ovens. Induction baking ovens are the latest type of baking ovens and are gaining popularity due to their energy-efficiency.
COVID-19 Scenario
The COVID-19 pandemic has forced many people to stay home and bake their own bread. This has led to an increase in demand for baking ovens. However, the supply of baking ovens has not increased, leading to a shortage of baking ovens on the market.
Baking oven manufacturers are struggling to keep up with demand as the pandemic continues. Some manufacturers have even had to stop production of other products in order to focus on baking ovens. This has led to a sharp increase in prices for baking ovens, with some models selling for more than double their normal price.
The shortage of baking ovens is likely to continue as the pandemic goes on. So, if you're looking to buy a baking oven, be prepared to pay a high price.
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Segmentations covered into report:
BY TYPE
• GAS OVENS
• ELECTRICAL OVENS
• PEEL BRICK OVEN
• RACK OVEN
• REEL OVEN
• CONVEYORIZED OVEN
• TUNNEL OVEN
• HYBRID OVEN
BY TEMPERATURE
• UP TO 200º F
• UP TO 450º F
• UP TO 650º F
• UP TO 850º F
• UP TO 1000º F
• MORE THAN 1000º F
BY STRUCTURE
• COUNTERTOP
• BUILT-IN
BY KEY OVEN FEATURE
• HIGH TENSILE OVEN
• CORROSION RESISTANT OVEN
• HIGH THERMAL RESISTANT OVEN
• ALL FEATURES INCLUDED OVEN
BY CERTIFICATION
• ISO 9001
• ISO 9000
• ISO 14001
• ISO 14000
• OHSAS/ OHSMS 18001
• ISO9001:2015
• MULTIPLE CERTIFICATIONS
BY APPLICATION
• BREAD
• ROLLS
• BISCUITS
• COOKIES
• BAGELS
• BUNS
• LOAF
• CAKES/PASTRIES
• MUFFINS
• PIZZA
• DOUGHNUTS
• BAKED SNACKS
• DRY FRUITS
• VEGETABLES
BY END USER
• RESTAURANTS
• CAFÉ
• HOTELS
• BAKERY
BY DISTRIBUTION CHANNEL
• DIRECT
• INDIRECT
Baking Oven Market Drivers and Restraints:
The Baking Oven market is primarily driven by the rising demand for baked goods, especially in developed countries. The growing popularity of home baking and the consequent increase in the sale of baking ovens are also driving the market. Moreover, the easy availability of a variety of baking ovens, both online and offline, is another factor driving the market.
However, there are some restraints on the growth of the Baking Oven market as well. One major restraint is the high cost of some types of baking ovens. This is especially true for commercial baking ovens, which can be quite expensive. Additionally, the time required to bake goods can be a deterrent for some consumers who prefer quick and easy snacks.
Regional Shares:
The Baking Oven Market is divided into four main regions: North America, Europe, Asia Pacific, and the Rest of the World.
North America is anticipated to be the leading market for baking ovens due to the presence of a large number of bakers and confectioners in the region. The Asia Pacific region is expected to be the second-largest market for baking ovens, owing to the growing demand for Bakery & Confectionery products in China, India, and Japan.
The European market is projected to grow at a moderate pace during the forecast period. The market in the Rest of the World is expected to witness significant growth during the forecast period, owing to the increasing demand for bakery products in countries such as Brazil and Mexico.
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Major Players Profiled in the Market Report:
The report profiles the following major players in the global Baking Oven market:
• Bühler
• GEA Group Aktiengesellschaft
• Baker Perkins
• Spooner Vicars
• ING. POLIN E C. SPA
• PROMET
• MASDAC MACHINERY Co., Ltd.
• SENIUS FOOD EQUIPMENT
• HAGLES
• Hornos Saturnino de La Oliva S.A.
• Rademaker
• BABBCO Tunnel Ovens
• Pek Makina
• Werner & Pfleiderer Food Technology GmbH
• LASER S.R.L.
• J4 s.r.o.
These players have adopted various strategies to gain a competitive edge in the market.
Key Questions Answered In This Report
• Covid 19 impact analysis on global Baking Oven industry.
• What are the current market trends and dynamics in the Baking Oven market and valuable opportunities for emerging players?
• What is driving Baking Oven market?
• What are the key challenges to market growth?
• Which segment accounts for the fastest CAGR during the forecast period?
• Which product type segment holds a larger market share and why?
• Are low and middle-income economies investing in the Baking Oven market?
• Key growth pockets on the basis of regions, types, applications, and end-users
• What is the market trend and dynamics in emerging markets such as Asia pacific, Latin America, and Middle East & Africa?
Unique data points of this report
• Statistics on Baking Oven and spending worldwide
• Recent trends across different regions in terms of adoption of Baking Oven across industries
• Notable developments going on in the industry
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2028 (forecast)
Table of Content:
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL BAKING OVEN MARKET
1.4 LIMITATIONS
1.5 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 MARKETS COVERED
2.2 GEOGRAPHICAL SCOPE
2.3 YEARS CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 TRIPOD DATA VALIDATION MODEL
2.6 MULTIVARIATE MODELLING
2.7 TYPE LIFELINE CURVE
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.9 MARKET POSITION GRID
2.1 VENDOR SHARE ANALYSIS
2.11 SECONDARY SOURCES
2.12 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 GLOBAL BAKING OVEN MARKET- REGULATIONS
5.1 OVEN SAFETY STANDARD-
5.2 REQUIREMENTS FOR RADIOFREQUENCY EMITTING PRODUCTS-
5.3 OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION (OSHA) REGULATION FOR THE OVEN-
6 SUPPLY CHAIN OF GLOBAL BAKING OVEN MARKET
6.1 RAW MATERIAL PROCUREMENT
6.2 BAKING OVEN PRODUCTION/PROCESSING
6.3 MARKETING & DISTRIBUTION
6.4 END USERS
7 VALUE CHAIN ANALYSIS
8 TECHNOLOGICAL DEVELOPMENTS IN THE GLOBAL BAKING OVEN MARKET
9 GLOBAL BAKING OVEN MARKET- ANALYSIS ON NEW AND EMERGING BAKERY APPLICATIONS
10 GLOBAL BAKING OVEN MARKET- GROWTH STRATEGIES ADOPTED BY KEY MARKET PLAYERS
11 GLOBAL BAKING OVEN MARKET- INDUSTRY TRENDS AND FUTURE PERSPECTIVE
12 GLOBAL BAKING OVEN MARKET- NEW PRODUCT LAUNCHES
13 MARKET OVERVIEW
13.1 DRIVERS
13.1.1 SURGE IN DEMAND FOR READYMADE OR BAKERY FOOD PRODUCTS
13.1.2 RAPID INCREASE IN NUMBER OF BAKERIES AND PIZZERIAS
13.1.3 INCREASE IN CONSUMPTION OF BAKED GOODS
13.1.4 REPLACEMENT OF INDUSTRIAL FURNACES BY OVEN IN BAKERY MANUFACTURING PLANTS
13.2 RESTRAINT
13.2.1 HIGH COST ASSOCIATED WITH BAKING OVEN
13.3 OPPORTUNITIES
13.3.1 SHIFTING INCLINATION OF CONSUMERS TOWARDS HEALTHY BAKERY OPTIONS
13.3.2 GROWING DEMAND FOR BAKING OVENS FOR VARIOUS APPLICATIONS
13.4 CHALLENGES
13.4.1 HIGH COMPETITION AMONG MARKET PLAYERS
13.4.2 DISRUPTION OF SUPPLY CHAIN DURING COVID-19
13.4.3 GROWING AWARENESS REGARDING FITNESS AMONGST HEALTH-CONSCIOUS PEOPLE
14 ANALYSIS ON IMPACT OF COVID-19 ON THE GLOBAL BAKING OVEN MARKET
14.1 COVID-19 IMPACT ON BAKING OVEN MARKET
14.2 AFTERMATH OF COVID-19
14.3 STRATEGIC DECISIONS OF MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE
14.4 IMPACT ON DEMAND AND SUPPLY CHAIN
14.5 IMPACT ON PRICE
14.6 CONCLUSION
15 GLOBAL BAKING OVEN MARKET, BY TYPE
15.1 OVERVIEW
15.2 GAS OVENS
15.3 ELECTRICAL OVENS
15.4 PEEL BRICK OVEN
15.5 RACK OVEN
15.6 REEL OVEN
15.7 CONVEYORIZED OVEN
15.8 TUNNEL OVEN
15.9 HYBRID OVEN
15.1 OTHERS
16 GLOBAL BAKING OVEN MARKET, BY TEMPERATURE
16.1 OVERVIEW
16.2 UP TO 200º F
16.3 UP TO 450º F
16.4 UP TO 650º F
16.5 UP TO 850º F
16.6 UP TO 1000º F
16.7 MORE THAN 1000º F
17 GLOBAL BAKING OVEN MARKET, BY STRUCTURE
17.1 OVERVIEW
17.2 COUNTERTOP
17.3 BUILT-IN
18 GLOBAL BAKING OVEN MARKET, BY KEY OVEN FEATURE
18.1 OVERVIEW
18.2 HIGH TENSILE OVEN
18.3 CORROSION RESISTANT OVEN
18.4 HIGH THERMAL RESISTANT OVEN
18.5 ALL FEATURES INCLUDED OVEN
18.6 OTHERS
19 GLOBAL BAKING OVEN MARKET, BY CERTIFICATION
19.1 OVERVIEW
19.2 ISO 9001
19.3 ISO 9000
19.4 ISO 14001
19.5 ISO 14000
19.6 OHSAS/ OHSMS 18001
19.7 ISO9001:2015
19.8 MULTIPLE CERTIFICATIONS
20 GLOBAL BAKING OVEN MARKET, BY APPLICATION
20.1 OVERVIEW
20.2 BREAD
20.3 ROLLS
20.4 BISCUITS
20.5 COOKIES
20.6 BAGELS
20.7 BUNS
20.8 LOAF
20.9 CAKES/PASTRIES
20.1 MUFFINS
20.11 PIZZA
20.12 DOUGHNUTS
20.13 BAKED SNACKS
20.14 DRY FRUITS
20.15 VEGETABLES
20.16 OTHERS
21 GLOBAL BAKING OVEN MARKET, BY END USER
21.1 OVERVIEW
21.2 RESTAURANTS
21.3 CAFÉ
21.4 HOTELS
21.5 BAKERY
21.6 OTHERS
22 GLOBAL BAKING OVEN MARKET, BY DISTRIBUTION CHANNEL
22.1 OVERVIEW
22.2 DIRECT
22.3 INDIRECT
23 GLOBAL BAKING OVEN MARKET, BY REGION
24 GLOBAL BAKING OVEN MARKET: COMPANY LANDSCAPE
24.1 COMPANY SHARE ANALYSIS: GLOBAL
24.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
24.3 COMPANY SHARE ANALYSIS: EUROPE
24.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
25 SWOT ANALYSIS
26 COMPANY PROFILE
…………..Continued
*More companies can be added in Detailed Report.
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