Commercial Baking Equipment Market Analysis: Challenges, Growth Factors, and Future Outlook

According to the study by Next Move Strategy Consulting, the global Commercial Baking Equipment Market is predicted to reach USD 3.85 billion expanding at a CAGR of 4.8% till 2030. 

The rising demand for convenience food products along with the high adoption of baking equipment in restaurants, hotels, and bakeries are driving the growth of the commercial baking equipment market.

North America holds the dominant share of the commercial baking equipment market and is expected to continue its dominance during the forecast period.  

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