Smart Bread Maker Market Report 2024

This Smart Bread Maker 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 smart bread maker market size has grown strongly in recent years. It will grow from $1.1 billion in 2023 to $1.17 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth observed during the historical period can be linked to an increase in health-aware consumers, a higher demand for home-cooked meals, advancements in kitchen technology, the rising popularity of automated baking, growing disposable incomes, and the expansion of urbanization alongside modern kitchen setups.

The smart bread maker market size is expected to see strong growth in the next few years. It will grow to $1.51 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The anticipated growth in the forecast period is driven by the increasing trend of smart kitchen appliances, heightened awareness of gluten-free and specialty breads, the incorporation of IoT and smart features, a demand for convenience in home baking, a rising consumer preference for energy-efficient appliances, and the expansion of e-commerce and online retail platforms. Key trends during the forecast period include smart connectivity and app-controlled bread makers, an uptick in demand for compact and space-efficient models, customizable and multipurpose bread makers, the integration of AI for tailored baking settings, an emphasis on sustainability and eco-friendly materials, and the creation of bread makers catering to niche dietary needs.

The expanding fast food sector is expected to drive growth in the smart bread maker market. This sector includes restaurants that provide quick-service meals, often with standardized menus featuring items such as burgers, fries, and fried chicken, designed for rapid preparation and consumption. The fast food industry is thriving due to increasing consumer demand for convenient, affordable, and easily accessible meals amid busy lifestyles. Smart bread makers are utilized in this sector to streamline and standardize bread production, ensuring consistent quality and efficiency in high-volume settings. For example, a report from Aviko, a Netherlands-based food company, indicated that the UK fast food market grew from £20.61 billion in 2022 to £22.04 billion in 2023, with consumer visits to fast food outlets rising to 45% in June 2023. Thus, the growth of the fast food sector will significantly influence the smart bread maker market.

Leading companies in the smart bread maker market are focusing on personalized products, such as mini bread makers, to meet diverse consumer preferences and enhance convenience. A mini bread maker is a compact device designed for baking small loaves or dough, making it ideal for households with limited kitchen space or for those wanting to make fresh bread in smaller quantities. For instance, in September 2024, Panasonic Holdings Corporation, a Japan-based technology company, launched the SD-PN100 mini bread maker, which offers 18 auto-programs for various baked goods, including gluten-free options. It features advanced technologies such as dual temperature sensors and artisan-style kneading to deliver high-quality, customizable baking results with minimal waste.

In September 2022, Mohammed Bin Rashid Al Maktoum Global Initiatives, a UAE-based philanthropic organization, partnered with LBX Food Robotics to install custom Bake Xpress robotic food vending kiosks throughout Dubai as part of the "Bread for All" campaign. These kiosks are designed to provide free local bread while accepting monetary donations, tailored to the cultural and technological needs of the UAE. This partnership reflects a broader initiative to combat hunger, with plans for regional and U.S. expansion. LBX Food Robotics, a U.S.-based company, specializes in robotic food vending machines that include bread makers.

Major companies operating in the smart bread maker market are Panasonic Corporation, Midea Group Co. Ltd., Kitchenaid, Sharp Corporation, Koninklijke Philips N.V., Electrolux AB, BLACK+DECKER Inc., De'Longhi S.p.A., Breville Group Ltd., Cuckoo Electronics Co. Ltd., Lakeland Limited, Kent International Inc., Hamilton Beach Brands Holding Company, Aroma Housewares Co. Ltd., Cuisinart, Siroca Inc., KENWOOD Limited, Zojirushi Corporation, Gourmia Inc., Tefal, The Secura Group, Sunbeam Products Inc., Gastroback GmbH.

North America was the largest region in the smart bread maker market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart bread maker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

A smart bread maker is a kitchen device that merges traditional bread-making techniques with modern technology, enabling users to manage and observe the baking process via a smartphone app or voice commands. It includes programmable options, customizable recipes, and automated features for reliable and hassle-free bread-making.

The primary categories of smart bread makers are fully automatic, semi-automatic, and manual. Fully automatic smart bread makers are sophisticated devices that take care of every stage of bread production with little user involvement, including mixing, kneading, rising, and baking the dough automatically based on pre-set programs, allowing users to simply add the ingredients and choose a program. Distribution channels encompass supermarkets, home appliance retailers, and online platforms, catering to both residential and commercial applications.

The smart bread maker market research report is one of a series of new reports that provides smart bread maker market statistics, including smart bread maker industry global market size, regional shares, competitors with an smart bread maker market share, detailed smart bread maker market segments, market trends and opportunities, and any further data you may need to thrive in the smart bread maker industry. This smart bread maker market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The smart bread maker market consists of sales of smart bread makers, replacement parts, and accessories such as bread pans and kneading blades. 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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