QYResearch: Global Bakery Confectionary Machinery Market will reach 1030 million USD by 2022

Analyst: Wupan

Company: QYResearch

Bakery Confectionary products (such as Bread , Biscuits ,Croissant ,Pastry , Flatbread ,Pizza , Pie / quiche) are popular in the world for its good taste and convenience. The popularity of bakery confectionary products is driving the progress of the bakery confectionary machinery market

For the bakery confectionary machinery market, we mainly focused on bakery confectionary line. According to our research, the global Bakery Confectionary Machinery market is valued at 797 million USD in 2016 and is expected to reach 1030 million USD by the end of 2022, growing at a CAGR of 4.2% between 2017 and 2022.

For industry structure analysis, the bakery confectionary machinery industry is concentrate. The top five producers account for about 42% of the revenue market in 2016. Regionally, Europe is the largest production area of bakery confectionary machinery, with revenue share of 62% in 2016.

Third, Europe occupied 39% of the sales market in 2016. It is followed by North America and Asia-Pacific, which respectively have around 28% and 22% of the global total industry. Other countries have a small amount of sales.

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Analyst: wupan@qyresearch.com

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