Automatic Bread Machine Market Report 2024

This Automatic Bread Machine market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The automatic bread machine market size has grown strongly in recent years. It will grow from $2.8 billion in 2023 to $2.99 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The increase during the historical period can be linked to a rising consumer preference for convenience, advancements in kitchen appliance technology, heightened health awareness, growing disposable incomes, and the expansion of e-commerce.

The automatic bread machine market size is expected to see strong growth in the next few years. It will grow to $3.92 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth in the forecast period can be ascribed to the growing popularity of smart kitchen appliances, heightened interest in gluten-free and specialty diets, increased urbanization leading to smaller living spaces, advancements in energy-efficient technologies, and a rising demand for multifunctional devices. Key trends during the forecast period include integration with smart home systems, a preference for compact and portable designs, the development of eco-friendly materials, growth in personalized baking options, and an expansion of gluten-free and specialty bread offerings.

The growing number of working women is expected to boost the automatic bread machine market in the coming years. A working woman is defined as someone who participates in paid employment outside the home to support herself or her family. The increase in working women can be attributed to various factors, including economic necessity, higher education levels, evolving social norms, greater career opportunities, and the pursuit of work-life balance. Automatic bread makers simplify the bread-baking process, saving time and effort, which allows working women to focus on their jobs while promoting a healthier lifestyle. For example, in April 2024, the Bureau of Labor Statistics reported that 74% of working mothers with children under 18 were employed in 2023, a 1.1% increase from the previous year. Consequently, the rise in the number of working women is driving demand for automatic bread machines.

The increasing demand for homemade products is expected to further propel the growth of the automatic bread machine market. Homemade products refer to items made or produced at home using natural or locally sourced materials, emphasizing quality and personalization. This trend is driven by consumers seeking healthier, chemical-free options compared to mass-produced goods. Automatic bread machines facilitate the baking process by managing kneading and baking, ensuring consistent results with minimal effort. They save time and energy compared to traditional baking methods, making the creation of homemade products more convenient and enjoyable. For instance, the Bureau of Labor Statistics noted that in 2022, the average annual expenditure on homemade products rose to $5,703, an 8.4% increase from $5,259 in 2021. Thus, the growing demand for homemade products is contributing to the expansion of the automatic bread machine market.

Major companies in the automatic bread machine sector are focusing on developing double temperature sensor-based models to cater to evolving consumer preferences for customizable baking experiences. These advanced machines utilize two sensors to monitor both the dough and the baking environment, improving control for even baking and higher bread quality. This technology allows for precise adjustments to heating elements, enhancing performance and ensuring consistent results. For example, in August 2022, Panasonic Corporation, a Japanese electronics firm, launched the SD-R2550. This innovative automatic bread maker offers a comprehensive baking experience with 20 pre-set programs for various breads, doughs, sweets, and gluten-free options. It features manual settings for kneading and fermentation, mimicking artisan techniques for superior results. The uniquely designed kneading blade and ribbed pan work together to achieve optimal texture and flavor, while a raisin and nut dispenser adds ingredients at the right moment for even mixing. Users can select from medium, large, or extra-large loaf sizes and choose their preferred crust shades, light, medium, or dark.

Major companies operating in the automatic bread machine market are Panasonic Corporation, Midea Group Co Ltd., De'Longhi Appliances S.r.l, Cuisinart, AUCMA, Welbilt Inc., Breville Pty Ltd., Hamilton Beach, Lakeland, Severin, Frigidaire, Sunbeam Products Inc., Taurus Private Limited, Kenwood, Zojirushi America Corporation, Morphy Richards Limited, Galanz, AICook, T-FAL, Livoo, Klarstein, West Bend, Coocheer, Kuissential.

Asia-Pacific was the largest region in the automatic bread machine market in 2023. The regions covered in the automatic bread machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automatic bread machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

An automatic bread machine is a kitchen device that streamlines the process of making bread by handling the mixing, kneading, rising, and baking tasks automatically. It provides a convenient solution for home bakers to produce fresh bread with minimal effort, guaranteeing consistent outcomes. The machine allows for ingredient customization, catering to various dietary requirements. This time-saving appliance enables users to easily enjoy homemade bread that is free from preservatives.

The two primary types of automatic bread machines commercial-grade and home-grade. Commercial-grade automatic bread machines are intended for high-volume operations in restaurants and bakeries, featuring durability, larger capacities, and automated functionalities for efficient mass bread production. They are available through various distribution channels, both online and offline, for a range of applications, including bread, sandwiches, and pizza, among others.

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The automatic bread machine market consists of sales of basic bread machines, programmable bread machines, gluten-free bread machines, and mini bread machines. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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