| |August 20219to lack of technology and skilled talent. To cater to the rising demands of the growing population, inculcating new-age technologies is no longer an option. It has rather become the dire need of the hour for the Indian bakery market. It is not only essential to upscale their operations, but also to bring about innovations in their offerings and to have a competitive edge in the market. The Exponential Growth of Bakery Equipment Market due to Digital TransformationThe bakery businesses are leveraging the potential of technology majorly to innovate and revamp their equipment and food processing machinery. The bakery equipment market is undergoing a revolution owing to the adoption of advanced tech solutions. As per reports by MarketsandMarkets, the bakery processing equipment market which was estimated at $8.9 billion in 2020, is anticipated to reach $11.4 billion by the end of 2025 and will grow at a CAGR of five percent. The primary reason for this exponential growth will be the inculcation of technologies and the introduction of new food processing techniques so as to fulfill the rising demand of both the market and the consumers. The industry players are already focusing on upscaling their R&D activities, developing new machinery, and enhancing their existing ones. Be it sheeters for pizza, kulcha and puff pastries, automatic cutting along with icing and decoration machines for cakes, or fully automatic cake lines and tech-savvy ovens for baking crackers and cookies, the market is witnessing the emergence of various advanced pieces of equipment. They are rendering a helping hand in catering to the diverse and growing demands of the consumers by producing baked goods quickly and yet efficiently. This developed machinery has further been playing a pivotal role in elevating the bakery market on the whole. Summing Up!The increased appetite for convenience foods at economic pricing will carve the path for increased opportunities for the Indian bakery segment. The tech advancement of the industry will majorly benefit the bakery equipment market. This will eventually help the businesses to improve their operations, increase their productivity, and seamlessly cater to the demands of the consumers. Cutting-edge tech solutions are transforming the Indian bakery landscape and are ensuring efficiency in production and supply chains. Both the bakery equipment market and the Indian bakery industry on the whole are being benefitted by digitization and will prosper all the more in the times ahead! The increased appetite for convenience foods at economic pricing will carve the path for increased opportunities for the Indian bakery segment
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