Croissant Forming Machine Market Report Overview
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The global croissant forming machine market size was USD 147.7 million in 2021 and is projected to touch USD 231.06 million by 2031, exhibiting a CAGR of 4.6% during the forecast period.
Croissant forming machine is designed to roll any type or kind of croissants without destroying dough. The machine can take a load of dough from 3 to 5 mm in thickness. On the front side, all the loading and unloading processes take place. The material of the product is completely stainless steel.
Increasing demand for croissant globally is estimated to fuel market growth. The machine helps to make croissants faster, which is predicted to surge product demand. Growing demand for the food & beverage industry across the world is anticipated to expand market progress. Rising need for quick tea or coffee snacks is projected to drive market growth during the forecast period. The machine has hygienic design that is expected to boost the product adoption. Increasing need for accurate, consistent and durable food preparation machines is estimated to fuel the growth of croissant forming machine market.
COVID-19 Impact: Closure of Food & Beverage Industry to Hamper Market Progress
The global COVID-19 pandemic has been unprecedented and staggering, with croissant forming machine experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
Outbreak of the COVID-19 pandemic impacted the market growth. Closure of cafes, restaurants, and bakeries due to lockdown restriction declined machine demand. The market witnessed supply chain disruption. Shutdown of manufacturing industries to reduce production activities. Ban on transportation impacted raw material prices which hampered product demand. Border closure impacted import and export activities.
On the contrary, the re-opening of cafes and restaurants post COVID-19 is expected to boost croissant forming machine market growth.
LATEST TRENDS
"Increasing Demand for Croissant to Incite Market Growth"
Increasing demand for delicious croissant across the world is anticipated to fuel market growth. Growing need for different variants of croissant is predicted to accelerate market growth. Growing number of bakery and cafes is projected to drive market growth. Increasing need for delicious croissant among consumers is anticipated to accelerate market croissant forming machine progress. Growing benefits of the food processing machine are predicted to surge market growth during the forecast period. Croissant is available in different flavors, sizes, and shapes, which is estimated to propel market development. The increasing need for quick tea or coffee snacks is projected to drive market growth.
Croissant Forming Machine Market Segmentation
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By Type
Based on type, the market is divided into less than or equal 5,000 Pcs/H, 5,000-10,000 Pcs/H, and greater than 10,000 Pcs/H.
Less than or equal 5,000 Pcs/H is expected to be the leading part of the segmentation type.
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By Application
Based on the application, the market is divided into commercial and industrial.
Commercial is expected to be the leading part of application segmentation.
DRIVING FACTORS
"Multiple Benefits Associated with Machine to Foster Market Expansion"
The machine increased production capacity, which is estimated to expand market growth. Increasing need for quick food among consumers is projected to boost the product adoption. It has an inbuilt hygienic design which makes the process effective. Growing need to reduce human labor is predicted to fuel market growth during the forecast period. The machine has consistent, accurate, and durable. Such advantages of the product are anticipated to accelerate croissant forming machine market progress during the forecast period. It is an easy-to-use and faster cleaning process expected to fuel machine adoption. Growing demand for the product among chefs and bakers is predicted to accelerate market growth. Further, it has improved ergonomics due to to 30-70 5 lighter tooling. Such advantages of the machine are estimated to surge market growth.
"Growing Number of Cafes and Bakeries to Stimulate Market Growth "
Increasing number of cafes and bakeries globally is projected to drive market growth. Changing lifestyle and life scheduled demand for quick snacks is anticipated to accelerate market development. Growing millennial population's demand for bakery products is predicted to surge market growth. Rising trend for spending time in cafes is anticipated to accelerate market expansion. Increasing trend for working from cafes is projected to drive market growth. Further, bakers and chefs are demanding food processing machines is anticipated to surge in croissant forming machine market growth during the forecast period. Increasing disposable income among consumers is anticipated to fuel market growth.
RESTRAINING FACTORS
"High Cost Associated with Machine to Hinder Market Expansion"
High cost associated with the product is estimated to hamper market growth. Fluctuation of raw materials price is anticipated to hinder market growth during the forecast period.
Croissant Forming Machine Market Regional Insights
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"Increasing demand for Croissant in Asia Pacific to Drive Market Share "
Asia Pacific is estimated to dominate largest croissant forming machine market share due to increasing demand for a croissant. Growing number of cafes and bakeries in the region is predicted to accelerate market growth. Rising need for quick tea or coffee snacks is projected to drive market growth during the forecast period. The machine has hygienic design that is expected to boost product adoption. The increasing need for accurate, consistent, and durable food preparation machines is estimated to fuel market growth.
Europe is estimated to witness significant market growth due to the presence of fancy bakeries and cafes. Increasing population preference for quick breakfast or evening snacks is predicted to accelerate market growth in the forthcoming years.
North America is anticipated to witness considerable croissant forming machine market expansion due to changes in lifestyle and busy schedules among consumers.
KEY INDUSTRY PLAYERS
"Leading Players Adopt Strategies to Stay Competitive"
The report covers information about the list of market players and their latest development in the industry. The information includes mergers, partnerships, acquisitions, technological developments, and production lines. Other aspects examined for this market include complete research on companies producing and introducing the latest products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.
List of Market Players Profiled
- Fritsch (India)
- Rademaker (Netherlands)
- Rondo (Switzerland)
- Rheon (U.S.)
- Mecatherm (France)
- Sinmag (China)
- Zline (China)
- Canol Srl (Italy)
- STOCCO SYSTEMS SRL (Italy)
- OSHIKIRI MACHINERY LTD (Japan)
- BVT Bakery Services BV (Netherlands)
- Caplain
- Tromp
REPORT COVERAGE
This research profiles a report with general studies that explain the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by examining the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 147.7 Million in 2021 |
Market Size Value By |
US$ 231.06 Million by 2031 |
Growth Rate |
CAGR of 4.6% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Types & Application |
Frequently Asked Questions
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What value is the croissant forming machine market expected to touch by 2031?
The global croissant forming machine market is expected to reach USD 231.06 million by 2031.
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What CAGR is the croissant forming machine market expected to exhibit by 2031?
The croissant forming machine market is expected to exhibit a CAGR of 4.6% by 2031.
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Which are the driving factors of the croissant forming machine market?
Drivers of this croissant forming machine market are multiple benefits associated with machine and growing number of cafes and bakeries.
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Which are the top companies operating in the croissant forming machine market?
Fritsch, Rademaker, Rondo, Rheon, Mecatherm, Tromp, Sinmag, Zline, Canol Srl, STOCCO SYSTEMS SRL, OSHIKIRI MACHINERY LTD, BVT Bakery Services BV, and Caplain are the top companies operating in the croissant forming machine market.