Steamed Buns Machine Market Size, Share, Growth, Global Industry Growth by Type (Steamed Buns Machines with The Rolling Part and Steamed Buns Machines without The Rolling Part), By Application (Restaurant, Processing and Distribution, Frozen Food Factory, and Dining Room) and Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast From 2024 To 2031

Updated On: 08 April 2024

STEAMED BUNS MACHINE MARKET REPORT OVERVIEW

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The global steamed buns machine market size is estimated to be worth US$ 191.4 million in 2021 and is forecast to a readjusted size of USD 247.11 million by 2031 with a CAGR of 2.6% during the forecast period. 

A steamed buns machine is a type of machine that is used in folding steamed buns. The machine enables the filling of vegetables, meat, or any other type of fillings into the buns. The fillings can be filled into the sheets made from dough and then filled up dough can be carefully rolled up into the tube. It is segmented into separate buns with floral designs on the top. The automatic filling from the machine ensures consistency and velocity. It can be used to make all types of flour products such as steamed buns, stuffed bread, fried buns, dumplings, and many more. Steamed buns are mainly consumed in traditional Asian cuisine.

Steamed buns machines mainly find their applications in restaurants, hotels, dining rooms, bakeries, catering, snacks factories, and frozen food factories. These machines are gaining recognition due to rising innovations in the equipment that can make complex and time-consuming processes easy and less time-consuming. There has been a growing demand for processing equipment in the food industry that can ensure quality and consistency in making steamed buns.

COVID-19 Impact

"Supply Chain Disruption to Impede Market Growth "

The outbreak of COVID-19 is already being felt around the world, and the global steamed buns machine market is considerably impacted. In 2020, COVID-19 had a negative impact on the market. Several countries went into lockdown. With the sudden pandemic, all the manufacturers had to shut down their operations. Manufacturing of the machines was impacted due to the halting of supply chains and existing production was also ceased temporarily. The pandemic had a significant impact on the machinery and bakery equipment markets. It highlighted the need for safe and healthy eating coupled with food safety and security. Consumer behavior at the time of the pandemic saw a prompt shift as consumers’ demand for safety and quality increased. These changes propelled manufacturers to ensure that their machinery equipment is safe and risk-free.

LATEST TRENDS

"Adoption of New Technology and Innovations to Propel Demand"

The trends that can impact the global steamed buns machine market are innovations and the adoption of new technology that can impact the market demand. Development of new machinery that eases up the time taken to produce food products. In addition to this, enhancement of the existing machinery can also speed up the bun-making process. Technologies that can be driven by innovations in complex food products of different shapes and sizes. There has been an emergence for such machines that can cater to growing demands from the consumers and elevate the market. Cutting-edge solutions integrated with technological advancements are converting the steamed bun machinery landscape. Such technology adoption can ensure quality control, better results, reduced production costs, and improved sales. Increased investments in technologies are the key to merging the new technologies in food equipment.   

STEAMED BUNS MACHINE MARKET SEGMENTATION

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• By Type

According to type; the market is divided into steamed buns machines with rolling parts and steamed buns machines without rolling parts.

Frozen food factories and processing and distribution segments of this market are expected to be leading due to the bulk and commercial production of the steamed buns.

• By Application

Based on the application; the market is divided into restaurants, frozen food factories, processing and distribution, and dining rooms.

Steamed buns machine with rolling parts is expected to lead the market segment due to the availability of rolling parts in the machines. They can also roll the bun dough by giving them their shape as it saves time by eliminating manual labor efforts or having an extra additional process.

DRIVING FACTORS

"Consumer Lifestyle and Standardization to Drive Demand"

The global steamed buns machine market growth is owed to the advantages associated with the machinery. The demand for the new range of machines rises from the degree of customizations, standardizations, and diversifications that can help in the bulk making of the buns. Benefits such as quality control and safety, enhanced production capacity, and fewer equipment footprints are derived from technology. This can cater to the growing demands by narrowing the gap between demand and supply for steamed buns arising from the customers. Changing lifestyles and trend of snacking is expected to have a steep increase due to which there will be a demand for steamed buns machines. Making use of machines that are integrated with advanced technology that can deliver various types of steamed buns to new and existing consumers is expected to lead the demand for the steamed buns machine market.

"Increasing Consumer Preferences for Healthy Products to Inflate Demand"

Changing consumer likings for steamed buns such as bao buns and mantou buns to foster the demand for organic and healthy food, which is expected to drive the demand for steamed buns machines simultaneously. The style of cooking methods significantly affects the GI (Glycemic Index) index, with the baking method having a higher GI index than the steaming method. With consumer preferences for healthy food, there has been a rise in steamed foods that are comparatively healthier than deep-fried or baked dishes. Due to the lower glycemic index of steamed buns than bread, they are preferable as they can be helpful in maintaining good health. The health benefits associated with steamed buns are anticipated to increase the demand for steamed buns machines. Aside from general demand, more and more people want new flavors and designs.

RESTRAINING FACTORS

"Slow Changes in Consumer Preferences to Hinder Market Growth"

Although there have been changes in consumer preferences regarding consuming steamed foods, the preferences are not changing fast enough. People are still more interested in consuming bakery products which are affecting the demand for steamed buns, which in return is also affecting the demand for the global steamed buns machine market. In addition to this, the adoption of new machinery and upgrading existing machinery of the process requires high investments and costs which can prove to be a barrier to the market’s growth.

STEAMED BUNS MACHINE MARKET REGIONAL INSIGHTS

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The Asia Pacific is expected to hold a major part in the global steamed buns machine market share due to demand arising from China. Steamed buns have been a staple dish in Chinese culture for a very long time which is expected to be a driver for considerable market growth. The growth is also attributed to the majority of market players originating from China and Taiwan. The demand arising from developing countries in the region such as Taiwan, Japan, Korea, and many more, which are densely populated, and preferences for premium steamed products are on the rise.  

KEY INDUSTRY PLAYERS

"Key Players to Boost Demand Leading to Market Growth"

The report delivers information about the list of market players and their working in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, and partnerships. Other aspects examined for the global steamed buns machine market include companies producing and introducing new products, regions they conduct their operations in, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Rheon (Japan)
• Yang Jenq (China)
• Hundred Machinery (Taiwan)
• Tai Yuh (Taiwan)
• ANKO Food Machine (Taiwan)
• Xuzhong Food Machinery (China)
• Henan Wanjie (China)
• Guangdong Suihua (China)
• Beijing Jingmei (China)
• Hebei Dahongxing (China)
• 4050 Riverside Engineering (China)
• Hongda Kechuang (China)
• Guangzhou Guoyan (China)
• Longyu Electro-Mechanic (China)
• Shanghai Yechang (China)
• Yijie (China)

INDUSTRY DEVELOPMENT

• August 2021: Hundred Machinery, a Taiwan-based food machinery manufacturer, newly launched an automated 18-fold steamed bun production line which is fully automated making production as simple as possible. With an automated production line, it will help steamed bun suppliers in increasing production. Main machines launched, including an HM-868 steamed bun machine. This is expected to increase the production capacity progressively.   

REPORT COVERAGE

This research profiles a report with widespread studies that take into an explanation of 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, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.