Bread Makers Market Size, Share, Growth, and Industry Analysis, By Type (Small Size, Middle Size, Big Size), By Application (Home, Commercial), and Regional Forecast to 2032

Updated On: 29 April 2024

Bread Makers Market Report Overview

global bread makers market size was USD 16510 million in 2021 and market is projected to touch USD 23950 million by 2028 at CAGR 5.4% during the forecast period.

The bread makers market is witnessing growth primarily due to the increasing demand for convenient and healthier baking options among consumers. With busy lifestyles and growing health consciousness, individuals seek efficient solutions for preparing homemade bread without compromising on quality. Bread makers offer an automated and hassle-free baking experience, reducing the time and effort required compared to traditional methods. Additionally, rising awareness about the benefits of homemade bread, such as control over ingredients and the absence of preservatives, further fuels the market's expansion.

COVID-19 Impact: Demand Surged Due to Increased Baking Activities at Homes

The COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic had a profound impact on the bread makers market, as lockdowns and restrictions led to increased baking activities at home. With limited access to bakeries and a surge in demand for bread-making supplies, consumers turned to bread makers as a convenient solution for baking fresh bread. This trend towards home baking contributed to a heightened demand for bread makers, reflecting a shift in consumer behavior towards self-sufficiency and homemade food during uncertain times.

Latest Trends

Integration of Smart Connectivity Features to Revolutionize the Market

The latest trend in the bread makers market is the integration of smart connectivity features. WI-Fi-enabled bread makers equipped with smartphone app control enable users to remotely monitor and adjust baking settings, enhancing convenience and flexibility. This innovation takes home baking to a new level by offering seamless connectivity and control options, aligning with the growing demand for smart appliances in modern households. With the ability to receive notifications, access recipes, and customize baking preferences through a smartphone or tablet, consumers can enjoy greater convenience and versatility in their baking experience. This trend reflects the ongoing evolution of bread makers towards interconnected and technologically advanced solutions, catering to the preferences of tech-savvy consumers seeking innovative kitchen appliances.

Bread Makers Market Segmentation

•  By Type Analysis

Based on type, the global market can be categorized into small, medium, and big-size bread makers.

Small Size Bread Makers: Compact and ideal for individual or small household use.

Middle Size Bread Makers: Versatile models suitable for most households, offering a balance between capacity and convenience.

Big Size Bread Makers: Large-capacity units designed for commercial or large-scale baking operations.

• By Application Analysis

Based on application, the global market can be categorized into home and commercial.

Home: This segment utilizes bread makers that are designed for home use, offering convenience and customization options for homemade bread.

Commercial: This segment utilizes industrial-grade bread makers that are used in bakeries, restaurants, and other commercial establishments.

Driving Factors

Product’s Convenience Offering to Act as a Prime Catalyst

Convenience stands as a pivotal driving force for bread makers market growth. These appliances provide consumers with an automated and effortless solution for baking fresh bread in the comfort of their homes. By automating the process, bread makers significantly reduce the time and effort required, offering a convenient alternative to traditional manual kneading and baking methods. This time-saving aspect appeals to busy individuals or families seeking efficient ways to incorporate freshly baked bread into their daily routines.

Health and Wellness Influence to Raise Market Demand

The bread makers market is also significantly influenced by health and wellness considerations among consumers. With a growing awareness of healthy eating habits, individuals are increasingly conscious of the ingredients present in their food. As a result, there is a rising preference for homemade bread perceived as free of preservatives and additives commonly found in commercially produced loaves. By enabling consumers to have control over the ingredients used in their bread, bread makers cater to this demand for healthier alternatives, contributing to their popularity in the market.

Restraining Factor

Limited Bread Varieties Offered by Entry-Level Models to Constrain Market Growth

One of the key challenges in the bread makers market is the limited bread varieties offered by entry-level models. Basic bread makers may lack settings for specialty bread types like gluten-free or artisanal loaves, limiting their appeal to consumers with specific dietary preferences. Manufacturers need to address this constraint to broaden market reach and cater to diverse consumer needs.

Bread Makers Market Regional Insights

The market is primarily segregated into Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa.

North America to Lead Due to Region’s Strong Culture of Convenience-Driven Home Cooking

North America is the largest global bread maker market share holder. This dominance can be attributed to a combination of factors, such as developed economies, high disposable incomes, a large base of homeowners with ample kitchen space, and a strong culture of convenience-driven home cooking. With a well-established bread-making tradition and an increasing acceptance of innovative smart appliances, North America continues to set the pace for the global bread maker industry.

Key Industry Players

Key Players Focus on Partnerships to Gain a Competitive Advantage

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Panasonic (Japan)
• Hamilton Beach (U.S.)
• Black & Decker (U.S.)
• Oster (U.S.)
• Zojirushi (Japan)
• Supor (China)
• Philips (Netherlands)
• Cuisinart (U.S.)
• Breadman (U.S.)
• Tefal (France)
• Sunbeam (U.S.)
• Galanz (China)
• Breville (Australia

INDUSTRIAL DEVELOPMENT

December 2020: Amazon Basics introduced the Bread Machine BM1349-UL-B to the market, offering a compact solution suitable for small spaces. This bread maker is capable of producing up to 1.5-pound loaves of bread, dough, cake, and jam, catering to diverse consumer preferences. With 19 programmed settings, including options for yogurt and rice wine, and a 15-hour delay start feature, the Bread Machine BM1349-UL-B provides users with versatile and convenient baking capabilities, contributing to the innovation and expansion of the bread maker market.

Report Coverage

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.