Technavio, a tech-focused market research firm, has published a new report on the global bread slicer market, which is expected to grow at a CAGR of close to 5% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global bread slicer market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global bread slicer market are elaborated below
Bread slicer market in APAC: APAC is considered as a prime investment destination by market vendors. The high growth of the market in the APAC region is attributable to the rapid growth of the foodservice market in India, Japan, and China. These countries are among the major countries contributing to the demand for commercial bread slicers in the region.
According to Manjunath Reddy, a lead analyst at Technavio, specializing in research on food service, “The market in APAC is projected to experience the fastest-growth in the global bread slicer market between 2017 and 2021. The growth of the market in the APAC region is expected to be driven by the growing commercial baking market in developing countries such as China and India.”
Bread slicer market in the Americas: The growth of the bread slicers market in the Americas is driven by the increase in demand for innovative technologies, such as automated commercial bread slicers. Manufacturers based in the region provide energy-efficient and ENERGY STAR-certified commercial bread slicers. Companies like ProProcessor provide electric bread slicers that have an energy-efficient and powerful motor that creates less noise. During the forecast period, an increase in the number of end-user establishments will drive the sales of new commercial bread slicers in the region. The rise in number of catering units, hotels, and restaurants in the region is also expected to facilitate market growth.
Bread slicer market in EMEA: With increasing footfalls in catering units, hotels, and restaurants, the demand for bread slicers in EMEA is projected to experience significant growth over the next four years. Many end-users are making investments in new models of commercial bread slicers with improved technology and features. Value-added appliances, such as eco-friendly commercial bread slicers, will likely drive new purchases.
The leading vendors operating in the global bread slicer market are:
- ABO Bread Slicers
- Empire Bakery Equipment
- Oliver Packaging & Equipment Company
- OMEGA
Other prominent vendors in the market include BakeMax, DoughXpress, Doyon Equipment, Erika Record, Ferneto, LOZAMET, and SOFINOR.
A more detailed analysis is available in the Technavio report titled, ‘Global Bread Slicer Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Commercial Drawer Warmer Market 2017-2021
- Commercial Foodservice Equipment Market in the US 2017-2021
- Global Countertop Griddle Market 2017-2021
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