Global Smart Bread Machine Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Smart bread machine is a consumer electronics device which is being used to make bread and other savory products. This machine automatically mixes, kneads, and bakes the ingredients. These smart bread machines are mostly used in commercial sectors as there is high production of bread, sandwich, pizza, and other foods as compared to houses. The increasing growth of consumer electronics industry and growing disposable income of consumers are key factors driving the market growth.
The growing expansion of consumer electronics industry is contributing towards the growth of the Global Smart Bread Machine Market. For instance - as of 2023, revenue in the global Consumer Electronics industry is estimated at USD 667.20 billion, and as per projections, the revenue would grow at an annual growth rate of 12.59% between 2023-2027 period, resulting in a projected market volume of USD 1,072 billion by 2027. Also, growing penetration of cafes and restaurants in developing economies would create lucrative growth prospects for the market over the projected period. However, high cost associated with Smart Bread Machines hinders the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Smart Bread Machine Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players and increasing number of quick service restaurants in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising popularity of cafes and restaurants as well as presence of leading regional market players in the region.
Major market players included in this report are:
- Breville USA
- Panasonic
- Hamilton Beach
- Black and Decker
- OSTER
- Philips
- Tefal
- Supor
- Breadman
- Delonghi
Recent Developments in the Market:
- In August 2022, Panasonic launched its new Automatic Bread Maker (SD-R2550). The Automatic Bread Maker would be available in customizable manual settings, and 20 pre-set programs for facilitating different types of baked goods.
Global Smart Bread Machine Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Distribution Channel, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type
- Semi-automatic
- Fully automatic
By Application
- Household Use
- Commercial Use
By Distribution Channel
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- RoLA
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Smart Bread Machine Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Smart Bread Machine Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Smart Bread Machine Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Smart Bread Machine Market, by Distribution Channel, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Smart Bread Machine Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Smart Bread Machine Market Dynamics
- 3.1. Smart Bread Machine Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing growth of consumer electronics industry
- 3.1.1.2. Growing disposable income of consumers
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost associated with Smart Bread Machine
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing penetration of cafes, and restaurants in developing economies
Chapter 4. Global Smart Bread Machine Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. Industry Experts Prospective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Smart Bread Machine Market, by Type
- 6.1. Market Snapshot
- 6.2. Global Smart Bread Machine Market by Type, Performance - Potential Analysis
- 6.3. Global Smart Bread Machine Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
- 6.4. Smart Bread Machine Market, Sub Segment Analysis
- 6.4.1. Semi-automatic
- 6.4.2. Fully-Automatic
Chapter 7. Global Smart Bread Machine Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Smart Bread Machine Market by Application, Performance - Potential Analysis
- 7.3. Global Smart Bread Machine Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Smart Bread Machine Market, Sub Segment Analysis
- 7.4.1. Household Use
- 7.4.2. Commercial Use
Chapter 8. Global Smart Bread Machine Market, by Distribution Channel
- 8.1. Market Snapshot
- 8.2. Global Smart Bread Machine Market by Distribution Channel, Performance - Potential Analysis
- 8.3. Global Smart Bread Machine Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
- 8.4. Smart Bread Machine Market, Sub Segment Analysis
- 8.4.1. Online
- 8.4.2. Offline
Chapter 9. Global Smart Bread Machine Market, Regional Analysis
- 9.1. Smart Bread Machine Market, Regional Market Snapshot
- 9.2. North America Smart Bread Machine Market
- 9.2.1. U.S. Smart Bread Machine Market
- 9.2.1.1. Type breakdown estimates & forecasts, 2019-2029
- 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 9.2.1.3. Distribution Channel breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Smart Bread Machine Market
- 9.3. Europe Smart Bread Machine Market Snapshot
- 9.3.1. U.K. Smart Bread Machine Market
- 9.3.2. Germany Smart Bread Machine Market
- 9.3.3. France Smart Bread Machine Market
- 9.3.4. Spain Smart Bread Machine Market
- 9.3.5. Italy Smart Bread Machine Market
- 9.3.6. Rest of Europe Smart Bread Machine Market
- 9.4. Asia-Pacific Smart Bread Machine Market Snapshot
- 9.4.1. China Smart Bread Machine Market
- 9.4.2. India Smart Bread Machine Market
- 9.4.3. Japan Smart Bread Machine Market
- 9.4.4. Australia Smart Bread Machine Market
- 9.4.5. South Korea Smart Bread Machine Market
- 9.4.6. Rest of Asia Pacific Smart Bread Machine Market
- 9.5. Latin America Smart Bread Machine Market Snapshot
- 9.5.1. Brazil Smart Bread Machine Market
- 9.5.2. Mexico Smart Bread Machine Market
- 9.5.3. Rest of Latin America Smart Bread Machine Market
- 9.6. Rest of The World Smart Bread Machine Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Breville USA
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Panasonic
- 10.2.3. Hamilton Beach
- 10.2.4. Black and Decker
- 10.2.5. OSTER
- 10.2.6. Philips
- 10.2.7. Tefal
- 10.2.8. Supor
- 10.2.9. Breadman
- 10.2.10. Delonghi
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption