Bakery Equipment A Growing Business

Bakery industry has been growing steadily and, with the pandemic making people more health conscious, they have been more focused on consumption of healthy food. Since baked food is considered to be more wholesome, there has been a tendency to include more bakery products in their daily meal. This has given a further boost to the bakery industry which, in turn has boosted the number of bakeries not only in India but all across the globe. With the influx of international cafes and bakery chains in India, many entrepreneurs have shown a keen interest in entering the bakery industry in some form. While starting a bakery is a B2C business, having its own challenges, a B2B lucrative option would be entering in the bakery equipment manufacturing/dealership market. Ashok Malkani delves on the plethora of equipment needed by the bakery industry and how one can start a manufacturing facility or become a dealer in this fast progressing industry.

- Ashok Malkani

Bakery industry is thriving in India. The industry has been flourishing in recent times due to the consumers' increasingly opting for bakery products, which are considered to be more healthy. This has had a snowballing effect on the industry. According to IMARC the Indian bakery market size was approximately $ 12.6 Billion in 2023. Besides the health food fad, the increasing penetration of Western food trends and the growing popularity of cakes, bread, biscuits, cookies, donuts, pies, etc. have contributed to the growth.

The increasing demand for bakery products has resulted in the spread of bakeries in almost all parts of the country. There has thus been a plethora of bakeries coming up in India. According to Rentech Digital there are a total of 1,22,499 Bakery and Cake Shops in India as of April 20, 2024. And they are not small hole-in-the wall enterprises. There are 49,159 5-star rated Bakery and Cake Shops. Besides this there are 17,627 4-star, 3,402 3-star, 690 2-star and 1,253 1-star rated Bakery and Cake Shops.

With such a high number of bakeries of different categories there is an ample opportunity for bakery equipment manufacturers. One can say the industry is equipped to accept enterprising entrepreneurs in the bakery equipment sector. However, when one is planning to enter the bakery equipment industry one has to take into consideration the needs of the global bakery industry too. Rising demand for baked goods across the world is playing a key role in driving the global bakery processing equipment market.