Market Overview:
The global baking tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for bakery products, especially in developing countries. Additionally, the growing trend of home baking is also contributing to the growth of this market. The global baking tools market can be segmented on the basis of type into ovens, egg beaters, moulds and others. The oven segment is expected to dominate the global baking tools market during the forecast period owing to its widespread use in homes and commercial bakeries alike. The egg beater segment is projected to grow at a high CAGR during 2018-2030 due its increasing popularity among consumers for whipping eggs and other ingredients for cakes and pastries.
Product Definition:
Baking tools are utensils used in the baking process. They include measuring cups and spoons, mixing bowls, rolling pins, pastry brushes, knives, and wire racks. Baking tools are important because they help to ensure that the baked good is correctly proportioned and has a consistent texture.
Oven:
An oven is a heating device which is used in baking for the purpose of drying, heating, and cooking food. The major factor driving the global market includes growing population coupled with increasing per capita income in developing countries including India and China. Additionally, changing lifestyle along with rapid urbanization has also contributed to market growth. Furthermore, rising demand for baked products on account of their health benefits will propel further industry expansion over the next eight years.
Egg Beater:
Egg beater is a kitchen utensil used in mixing or stirring various ingredients and other goods in baking, cooking, and other related tasks. The tool has two blades attached to a handle which rotates around the central shaft. One of the important functions of egg beater is to ensure that there are no lumps while adding eggs for baking along with another function it helps stir airy substances like whipped cream or fluffy bread into stiff mixtures.
Application Insights:
The commercial application segment accounted for the largest share of more than 70.0% in 2017. The growth can be attributed to the increasing number of bakery stores and restaurants across the globe. Residential is expected to be the fastest-growing segment owing to rising demand for home baking, especially among working professionals globally.
The residential application is projected register a CAGR of XX% from 2018 to 2030 due largelyto growing urbanization coupled with an increase in disposable income levels among consumers globally which has resulted in a rise inthe adoptionof advanced technologies such as smart ovens that bake foods faster while using less energy.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand for bakery products. The region is expected to dominate the global baking tools market over the forecast period. High consumer disposable income, coupled with a large population, will support growth in Europe and other regions as well.
Asia Pacific is anticipated to be one of the fastest-growing markets at a CAGR of XX% from 2018 to 2030 due to increasing number of households, especially nuclear families with single parents or two breadwinner parents. This has resulted in increased spending on household appliances including bakeware and kitchenware including egg beaters and mixers that help reduce time spent on cooking and cleaning as well as increase productivity at work place resulting into increased demand for such products over this period.
Growth Factors:
- Increasing demand for artisanal and specialty breads
- Rising popularity of home baking
- Growing demand for organic and health-conscious baked goods
- Proliferation of new baking tools and gadgets
- Increased focus on food waste reduction
Scope Of The Report
Report Attributes
Report Details
Report Title
Baking Tools Market Research Report
By Type
Oven, Egg Beater, Mould, Others
By Application
Residential, Commercial
By Companies
Baxter, BONGARD, Imperial, Erika Record, Pritul Bakery Machines, Revent, Doyon, Empire Bakery Equipment, G.S. BLODGETT, LBC Bakery Equipment, Mono Equipment, Univex Corp, Wachtel GmbH, Dijko Ovens, Sveba-Dahlen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Baking Tools Market Report Segments:
The global Baking Tools market is segmented on the basis of:
Types
Oven, Egg Beater, Mould, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Baxter
- BONGARD
- Imperial
- Erika Record
- Pritul Bakery Machines
- Revent
- Doyon
- Empire Bakery Equipment
- G.S. BLODGETT
- LBC Bakery Equipment
- Mono Equipment
- Univex Corp
- Wachtel GmbH
- Dijko Ovens
- Sveba-Dahlen
Highlights of The Baking Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Oven
- Egg Beater
- Mould
- Others
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Baking Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Baking tools are any utensils or equipment used in baking, such as cake pans, muffin tins, and pie crusts.
Some of the major players in the baking tools market are Baxter, BONGARD, Imperial, Erika Record, Pritul Bakery Machines, Revent, Doyon, Empire Bakery Equipment, G.S. BLODGETT, LBC Bakery Equipment, Mono Equipment, Univex Corp, Wachtel GmbH, Dijko Ovens, Sveba-Dahlen.
The baking tools market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Baking Tools Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Baking Tools Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Baking Tools Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Baking Tools Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Baking Tools Market Size & Forecast, 2018-2028 4.5.1 Baking Tools Market Size and Y-o-Y Growth 4.5.2 Baking Tools Market Absolute $ Opportunity
Chapter 5 Global Baking Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Baking Tools Market Size Forecast by Type
5.2.1 Oven
5.2.2 Egg Beater
5.2.3 Mould
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Baking Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Baking Tools Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Baking Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Baking Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Baking Tools Analysis and Forecast
9.1 Introduction
9.2 North America Baking Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Baking Tools Market Size Forecast by Type
9.6.1 Oven
9.6.2 Egg Beater
9.6.3 Mould
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Baking Tools Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Baking Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Baking Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Baking Tools Market Size Forecast by Type
10.6.1 Oven
10.6.2 Egg Beater
10.6.3 Mould
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Baking Tools Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Baking Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Baking Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Baking Tools Market Size Forecast by Type
11.6.1 Oven
11.6.2 Egg Beater
11.6.3 Mould
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Baking Tools Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Baking Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Baking Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Baking Tools Market Size Forecast by Type
12.6.1 Oven
12.6.2 Egg Beater
12.6.3 Mould
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Baking Tools Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Baking Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Baking Tools Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Baking Tools Market Size Forecast by Type
13.6.1 Oven
13.6.2 Egg Beater
13.6.3 Mould
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Baking Tools Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Baking Tools Market: Competitive Dashboard
14.2 Global Baking Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Baxter
14.3.2 BONGARD
14.3.3 Imperial
14.3.4 Erika Record
14.3.5 Pritul Bakery Machines
14.3.6 Revent
14.3.7 Doyon
14.3.8 Empire Bakery Equipment
14.3.9 G.S. BLODGETT
14.3.10 LBC Bakery Equipment
14.3.11 Mono Equipment
14.3.12 Univex Corp
14.3.13 Wachtel GmbH
14.3.14 Dijko Ovens
14.3.15 Sveba-Dahlen