Bread Maker Market

Global Bread Maker Market Size (2024 to 2029)

The global bread maker market is expected to grow at a CAGR of 7.4% from 2024 to 2029 and the market size is predicted to be worth USD 702.2 million by 2029 from USD 491.4 million in 2024.

Current Scenario of the Bread Maker Market

Bread makers are used to making a variety of bread. It is a small piece of electrical equipment that uses raw materials to make bread. Families use this equipment to make bread on their own, whereas some small-scale bakery industries use these bread makers to prepare a variety of bread. Family users find this equipment very useful as it makes different types of bread simply at home. The family using bread makers avoids going out to buy bakery items. Also, food processing industries have various applications and supply fresh bread to their customers. The bread maker is usually built with a bread pan along with the paddles below it mounted in the center of the small oven. These machines can make different pieces of bread with respect to the kind of dough. The machine does not necessarily need a user to operate as it has timers. A user can customize the program available in the machine that prepares the bread accordingly.

MARKET DRIVERS

Rapid urbanization and growing digitalization are propelling the global bread maker market growth.

Increasing disposable income in developed and developing countries and growing awareness of the use of simple electronic devices at home are majorly driving global market growth. A growing number of working women across the globe and preparing easy food items at home are propelling the growth rate of the market to an extent.

In developed and developing countries, there is a rise in the number of dual-working families that is escalating the demand of the market.

The growing prevalence of fully automatic devices by consumers in making fresh bread is anticipated to fuel the bread maker market. Also, the adoption of the latest technologies and the launch of various functions in the bread-making machine that is user-friendly are some of the factors leveling up the growth rate of the market. There is a growing demand for home-baked products that is enhancing the demand of the bread maker market.

MARKET RESTRAINTS

However, the availability of different machines at a lower cost is slightly hindering the demand of the bread maker market. Lack of complete knowledge of the raw materials used in making bread among people is hampering the growth rate of the market. The rise in the cost of the equipment is also a factor restraining the demand of the bread maker market.

Impact of COVID-19 on the bread maker market

The sudden outburst of the COVID-19 pandemic has affected every sector. The bread maker market faced difficulties in early 2020 as there were complete restrictions on the movement. The lockdown and ban on flights disrupted the supply chain and production unit. Amid the COVID-19 crisis, the demand for the bread maker market is surging as consumers are preferring to stay indoors. There is an increased demand for home appliances due to pandemics that enhance the demand of the bread maker market. It is expected that the market shares to have a significant growth rate during the forecast period.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Bread Maker Market By Product Type

The horizontal Loaf segment is leading with the dominant share of the market owing to rising expenditure on the food industry. Growing support from government organizations is also leveling up the growth of this segment. The vertical loaf segment is expected to grow at a higher rate in the coming years.

Global Bread Maker Market By Application

The food service application segment is holding the dominant share of the market with the increasing scale of food service centers across the world. The household segment is next in leading the prominent shares as there is a growing prevalence of making a variety of bread using the machine at home.

Global Bread Maker Market By Distribution Channel

The specialty stores segment is gaining traction over the shares of the bread maker market. The E-commerce segment is expected to grow enormously during the forecast period.

REGIONAL ANALYSIS

North America is holding the dominant shares of the market owing to the rising economy.

The increasing urban population and rising prevalence of automatic home appliances are fueling the demand of the market. Growing investments in the bakery industry especially during the pandemic period is elevating the demand of the market.

Europe is next in leading the dominant shares of the bread maker market.

The growing prominence of making varieties of bread at home is likely to propel the demand of the market. The emergence of e-commerce is also boosting the growth rate of the market. Also, the introduction of various user-friendly features is enhancing the demand of the bread maker market.

Asia Pacific is expected to hit the highest CAGR in the coming years.

Rising investments from government organizations are likely to create growth opportunities for the breadmaker market in this region.

Latin America and Middle East & Africa are anticipated to have a substantial growth rate in the upcoming years.

KEY MARKET PLAYERS

Some of the key players included in the bread maker market are Newell Brands Inc., Panasonic Corp., Breville Group Ltd., Koninklijke Philips N.V., Siroca Inc., and Cuisinart., Stanley Black & Decker Inc., Zojirushi Corp, Sana Products s.r.l., and Spectrum Brands Holdings Inc.

DETAILED SEGMENTATION OF THE GLOBAL BREAD MAKER MARKET INCLUDED IN THIS REPORT

This research report on the global bread maker market has been segmented and sub-segmented into the following categories.

By Product Type

• Horizontal Loaf
• Vertical Loaf

By Application

• Food Service
• Household

By Distribution Channel

• Specialty Stores
• Supermarkets/Hypermarkets
• E-Commerce
• Others

By Region

• North America
• Europe 
• Asia Pacific 
• Latin America
• The Middle East and Africa