Global Bread Machine Market Overview:
Bread making machines are used to bake fresh bread at home or bakery. A bread making machine automates the process of mixing, kneading, and baking with minimal active supervision. These machine comes in different sizes from home grade to commercial grade and based on the supply ability. In a bakery, the bread production line consists of dough sheeting & makeup a system, and a pan arrangement assembly which is installed for producing bread of various thickness & size as required by the user. The global demand for bread from household and commercial sector is increasing owing to the application in various food items such as pizza, and sandwiches, which in turn increase the demand for bread making machines over the forecast period. According to AMA, the Global Bread Machine market is expected to see growth rate of 4.5%
Growth Drivers
- Increasing Demand for Bread Making Machine from Household and Commercial Sector
- Compact Design, Easy to Use, with Multiple Setting Options
Roadblocks
- High Price of the Machine owing to Add-on Features and Design
- Presence of Alternative Options
Opportunities
- Rising Number of Restaurants and Hotels across the Globe
- Latest Innovations in Technology such as Automation
Challenges
- Intense Competition among Industry Players
- Require High Level of Precision and Skill
Competitive Landscape:
Some of the key players profiled in the report are Panasonic (Japan), Zojirushi Corporation (Japan), Philips (Netherlands), Breville (Australia), Cuisinart (United States), Oster (United States), Kuissential (United States), Spectrum Brands Inc. (United States), Delonghi (United States) and Electrolux (United States). Additionally, following companies can also be profiled that are part of our coverage like Sunbeam (United States), Galanz (China), KENWOOD (Japan), KENT (India) and Sharp Corporation (Japan). Analyst at AMA Research see United States Vendors to retain maximum share of Global Bread Machine market by 2027. Considering Market by Loaf Size, the sub-segment i.e. 1 lb. will boost the Bread Machine market. Considering Market by Automation Grade, the sub-segment i.e. Automatic will boost the Bread Machine market. Considering Market by Power Source, the sub-segment i.e. Electric will boost the Bread Machine market. Considering Market by Sales Channel, the sub-segment i.e. Online (E-commerce Websites, Manufacturers Website) will boost the Bread Machine market. Considering Market by Body Material , the sub-segment i.e. Stainless Steel will boost the Bread Machine market.
On August 29, 2018, Panasonic, a global leader appliance maker, has launched the first hard crust bread maker ZP2000, Panasonic’s new innovative Bread Maker. The ZP2000 inspires effortless culinary creativity by combining three key baking innovations, cakes, pizza dough, and jam to gluten-free bread at the touch of a button.
What Can be Explored with the Bread Machine Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bread Machine Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bread Machine
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bread Machine market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bread Machine market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Bread Machine Manufacturers, Distributors/Traders/Wholesalers, Subcomponent Manufacturers, Industry Association, Downstream Vendors and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.