Household Bread Machine market size will grow at a CAGR of 7.90% from 2023-2030: Cognitive Market Research

Introduction of?Household Bread Machine Market

The demand for bread makers is primarily being driven by rising disposable income in both developed and emerging nations, as well as increasing knowledge of the usage of basic technological appliances at home. A significant portion of the market's growth rate is being driven by the increasing number of working women throughout the world and convenient meal preparation at home. There are more dual-working families in both developed and emerging nations, which is increasing market demand. The bread maker industry is expected to grow as a result of people using fully automated equipment more frequently to produce fresh bread. A few other elements balancing the market's growth pace include the employment of cutting-edge technologies and the introduction of a variety of user-friendly features in bread makers.?

For instance, the stainless steel body of this Sharp table-top bread maker ensures the durability of the device in addition to its high quality and functionality. It has a contemporary steel body, a black body, and 12 pre-set programs. Additionally, it includes a completely automated mode that, once you add the ingredients for a certain sort of bread, will knead the dough, let it rise, and then bake it without requiring you to keep an eye on the cooking process.

Key Insights from Household Bread Machine Market Report

The Global Household Bread Machine market size will grow at a compound annual growth rate (CAGR) of 7.90% from 2023 to 2030.

• Rising levels of disposable income have primarily driven the market for bread makers in recent years. Strong economic development in emerging nations and an increase in female work prospects are causing disposable incomes to continue to rise.?
• Demand for stainless steel bread machines remains higher in the household bread machine market.
• The 500-750g category held the highest capacity of Household Bread Machine Market share in 2023.
• In 2023, North America was the region that consumed the most chia seeds. Chia seed demand in the North American market is influenced by the need for vegan meals, communal living, health awareness, and a change from unhealthy snacks to more nutritious ones.?

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More and More Technological Advances in Bread Maker Technology helps in Market Growth

Technologically advanced features like gluten-free settings, LCDs, paid bake modes, adjustable loaf sizes, automatic shut-off, etc., are driving the demand for bread machines throughout the world. As a result, the bread machine market is being significantly influenced by the expansion of the food and beverage sector as well as technological advancements.?

According to a magazine by BBM, in May 2023, the production of bread goods is being revolutionized by technology, which is also increasing productivity and guaranteeing a consistent level of quality. A few examples of the evolving technology equipment that is changing the industry include automated mixing and kneading systems, high-speed ovens and proofers, intelligent baking control systems, automated decorating and icing machines, and digitalized inventory management systems.

• Increasing Efforts by Market Participants in the Sector to Propel Market Growth

The rising number of industry players stepping up their efforts to provide new advancements and sophisticated goods throughout the market is one of the key factors fuelling the growth of the bread maker market. To get consumers' attention, bread machine makers are concentrating their efforts on developing ground-breaking new goods. The manufacturers are therefore expected to benefit from this by strengthening their competitive edge and, as a consequence, growing their market share.?

According to Italian Foodtech, in February 2021, the Bakery is evolving into a precise technique that makes it possible to acquire industrial goods with artisanal-level excellence. In the various phases of production, bakeries and industries can choose to install certain machinery ad hoc or choose whole baking lines. Industrial bread is no longer associated with inferior products.

Market Dynamics of?Household Bread Machine

• Complexity and Difficulties with the Equipment Hinder Market Growth

Some computers are only capable of running the program that was previously installed. In order for the bread to have the right texture, users must input the correct parameters into the machine. People don't intend for the outcome to be sticky or unbreakable. Additionally, a timer setting will be required. They will either run into problems or run out of bread if they confuse the am and pm. Additionally, because most machines are temperature-sensitive, making sure the timing and temperature are adjusted correctly for the current season is also crucial.

Impact of COVID-19 on the Household Bread Machines?Market

The COVID-19 outbreak significantly hit the household bread machines market. The majority of the world's nations have enacted lockdowns or curfews due to the unanticipated COVID-19 pandemic outbreak, which has substantially hindered people's quality of life, health, and capacity for outdoor leisure. As a result, the growth of the bread maker sector has been somewhat constrained. Any delay in getting back to normal life will affect sales of commodities like air conditioners, TVs, refrigerators, and other major equipment. During the COVID-19 pandemic, the need for small and big appliances has favorably influenced consumer preferences for performance, simplicity, health hygiene, and global trade.?

Household Bread Machine Market Analysis:

Type Segment Analysis:

According to Cognitive Market Research, stainless steel bread machines hold a significant share during the forecast period, as stainless steel bread machines are known for their durability and sleek appearance. Consumers often prefer stainless steel appliances for their longevity and resistance to corrosion. The stainless steel construction not only ensures a longer lifespan but also enhances the kitchen's aesthetic appeal. Stainless steel is a food-safe material that does not react with food or produce harmful chemicals.

Cold plate bread machines are often associated with healthier bread options. Consumers may be choosing these machines to have more control over the ingredients in their bread, including whole grains, seeds, and natural sweeteners. Cold plate bread machines are versatile and can be used to make a wide variety of bread types, including specialty and artisanal bread.

• Plastic Bread Machine
• Stainless Steel Bread Machine
• Cold Plate Bread Machine

Distribution Channel Segment Analysis:

• Online
• Offline

Household Bread Machine Capacity Segment Analysis

• Less Than 500g
• 500-750g
• 750-1000g
• More Than 1000g

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Top Companies Market Share in Household Bread Machine Industry:

纽威品牌公司 , Cuisinart , 飞利浦照明 , Panasonic , Spectrum Brands, Inc , Stanley Black & Decker, Inc. , Breville , Zojirushi America Corporation , and Others

Household Bread Machine Industry News:

• June 2022: Building on its long heritage of cutting-edge food storage and organization solutions, Rubbermaid Incorporated, a member of the Newell Brands portfolio, is launching its new Designer Series for the popular EasyFindLidsTM line in order to bring contemporary designs to daily food storage. Making meal preparation and leftover storage enjoyable for any occasion, Rubbermaid? is working with creators as part of the Designer Series to include their unique touches into the container designs.

North America Household Bread Machine?Market dominates the Largest Share of the Global Market!

According to Cognitive Market Research, the bread maker market's greatest revenue share was in North America. Numerous varieties of automatic bread makers have witnessed increased expansion in North America as a result of the growing demand from working families. A number of important macroeconomic factors, including the increase in per-capita income and the use of the Internet, significantly influence the growth of the breadmaker market in the area.

European consumers, like many others globally, have shown an increased interest in baking their bread at home. This trend aligns with the broader movement toward home cooking and DIY food preparation. Many Europeans are increasingly concerned about the ingredients in commercial bread and seek healthier alternatives. Homemade bread allows for control over elements, including the use of whole grains and organic flour.

Frequently Asked Questions (FAQs)

What is the size of the household bread machine industry market in 2023?

• The household bread machine industry has a global market value of $XX billion in 2023.

What is the anticipated growth rate for the market for household bread machines over the upcoming years?

• The global market is expected to grow at a CAGR of 7.90% during the projection period.

In which region is the household bread machine market the largest?

• The region with the largest revenue share in the global market for household bread machines in 2023 was North America.

In the foreseeable future, which region is predicted to expand the fastest?

• Over the coming years, Asia Pacific will see the fastest growth in the market for household bread machines.

In 2023, which country will command the household bread machine industry in North America?

• In terms of revenue, the United States dominated the market for household bread machines in North America in 2023.

What primary variables are affecting the household bread machine market?

• A variety of breads and loaves are made from scratch using small electrical equipment called breadmakers. They are often used for domestic tasks, and some specialty food service businesses bake their bread with them. Homeowners use these bread makers to save on going to the store to buy baked items, while restaurants use them to serve their customers freshly baked bread.

What segment of the household bread machine market is the largest?

• The stainless steel bread machine segment has the largest global share, broken down by product type.

Which distribution channel category dominates the market for household bread machines?

• In 2023, the offline segment held a sizeable market share in terms of distribution channels.

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