The automatic bread machine global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Automatic Bread Machine Market, 2024 report by The Business Research Company
offers comprehensive insights into the current state of the market and
highlights future growth opportunities.
Market Size -
The automatic bread machine market size has grown strongly in recent years. It
will grow from $2.8 billion in 2023 to $2.99 billion in 2024 at a compound
annual growth rate (CAGR) of 6.8%. The growth in the historic period can be
attributed to increasing consumer demand for convenience, increasing
advancements in kitchen appliance technology, rising health consciousness,
growing disposable incomes, and growing the expansion of e-commerce.
The automatic bread machine market size is expected to see strong growth in the
next few years. It will grow to $3.92 billion in 2028 at a compound annual
growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed
to growing adoption of smart kitchen appliances, increasing interest in
gluten-free and specialty diets, rising urbanization and smaller living spaces,
increasing advancements in energy-efficient technologies, and increasing demand
for multifunctional devices. Major trends in the forecast period integration
with smart home systems, demand for compact and portable designs, development
of eco-friendly materials, growth in personalized baking options, expanding
gluten-free and specialty bread capabilities.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/automatic-bread-machine-global-market-report
Scope Of Automatic Bread Machine Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Automatic Bread Machine Market Overview
Market Drivers -
The increase in the number of working women is expected to drive the growth of
the automatic bread machine market going forward. A working woman is an
individual who engages in paid employment outside the home to support herself
or her family. The rise of working women is due to factors such as economic
necessity, educational attainment, changing social norms, career opportunities,
and work-life balance. An automatic bread maker can simplify the process of
baking fresh bread for working women, saving time and effort and freeing up
time for employment opportunities while promoting a healthier lifestyle. For
instance, in April 2024, according to the Bureau of Labor Statistics, a
US-based government agency, the percentage of working mothers with children
under the age of 18 was 74% in 2023, up by 1.1% points from the prior year.
Therefore, the increase in the number of working women is driving the growth of
the automatic bread machine market.
Market Trends -
Major companies operating in the automatic bread machine market are focused on
developing double temperature sensor-based automatic bread makers, to meet
evolving consumer preferences for customizable baking experiences. A double
temperature sensor-based automatic bread maker uses two sensors to monitor both
dough and baking environment temperatures, enhancing control for even baking
and improved bread quality. This technology allows for precise adjustments to
heating elements, resulting in better performance and consistent results. For
instance, in August 2022, Panasonic Corporation, a Japan-based electronics
company, launched the SD-R2550. This innovative automatic bread maker delivers
a comprehensive baking experience with 20 pre-set programs for a variety of
breads, doughs, sweets, and gluten-free options. It includes manual settings
for dough kneading and fermentation modes, mimicking artisan baking techniques
for superior results. The uniquely designed kneading blade and ribbed pan work
together to achieve the best texture and flavor, while the raisin & nut
dispenser adds ingredients at the perfect moment for even mixing. Users can
choose from medium, large, or x-large loaf sizes and select from light, medium,
or dark crust shades.
The automatic bread machine market covered in this report is segmented –
1) By Type: Commercial Grade, Home Grade
2) By Distribution Channel: Online, Offline
3) By Application: Bread, Sandwich, Pizza, Other Applications
Get an inside scoop of the automatic bread machine market, Request now for
Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=18963&type=smp
Regional Insights -
Asia-Pacific was the largest region in the automatic bread machine market in
2023. The regions covered in the automatic bread machine market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
Key Companies -
Major companies operating in the automatic bread machine market are Panasonic
Corporation, Midea Group Co Ltd., De'Longhi Appliances S.r.l, Cuisinart, AUCMA,
Welbilt Inc., Breville Pty Ltd., Hamilton Beach, Lakeland, Severin, Frigidaire,
Sunbeam Products Inc., Taurus Private Limited, Kenwood, Zojirushi America
Corporation, Morphy Richards Limited, Galanz, AICook, T-FAL, Livoo, Klarstein,
West Bend, Coocheer, Kuissential
Table of Contents
1. Executive Summary
2. Automatic Bread Machine Market Report Structure
3. Automatic Bread Machine Market Trends And Strategies
4. Automatic Bread Machine Market – Macro Economic Scenario
5. Automatic Bread Machine Market Size And Growth
…..
27. Automatic Bread Machine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model:
https://www.thebusinessresearchcompany.com/global-market-model
No comments:
Post a Comment