Chocolate And Confectionery Processing Equipment Market is expected to grow at a CAGR of 8.0% by 2024 |Meticulous Research
 |
| Chocolate and Confectionery Processing Equipment Market |
According to this latest publication from Meticulous Research®, the global chocolate and confectionery processing equipment market is expected to grow at a CAGR of 8.0% from 2018 to reach $6,971.8 million by 2024. The growth of this market is mainly driven by factors such as increasing consumer demand for confectionery items, growth in retail industry, technological advancements, and growing focus on food safety of confectionery products and safety of workers. In addition, emerging economies such as Asia-Pacific, Latin America, and Middle East and Africa provides significant opportunity for the manufacturers in the global chocolate processing equipment market. However, high cost of equipment hinders the growth of this market to some extent. In addition, lack of trained labor force in many parts of the globe pose a great challenge to the global chocolate and confectionary processing equipment manufacturers.
Get Free Sample Copy of This Report at: https://www.meticulousresearch.com/request-sample-report/cp_id=4826
The global chocolate and confectionery processing equipment market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2024-by type (depositors, formers, coating and spraying systems, mixer, and cooler) and application (soft confectionery, hard candies, chewing gums, and gummies and jellies). The study also evaluates industry competitors and analyzes the market at regional and country level.
On the basis of type, depositors commanded the largest share of the global chocolate and confectionery processing equipment market in 2017 with significant development in the depositing technology to meet increasing market demand for high-quality and innovative products and increased demand for confectionery products from developing markets. However, coating and spraying systems market is expected to witness a rapid growth during the forecast period. The rapid growth of this market is primarily attributed to the increasing consumer’s demand for a novel product and growing need for the combination of different textures and flavors in the product.
On the basis of application, soft confectionery segment commanded the largest share of the global chocolate and confectionery processing equipment market in 2017, as it is one of the most consumed confectionery products by almost all age groups. Also, it is a key ingredient used in many food products. However, gummies and jellies segment expected to witness a significant growth during the forecast period, because of technological advancements in gum and jelly manufacturing; increase in the number of habitual gum chewers; growing consumer interest in functional gums; and aggressive product promotions.
Browse Full Research Report with TOC at:
https://www.meticulousresearch.com/product/chocolate-confectionery-processing-equipment-market/
This research report analyzes major geographies and provides comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, Italy, U.K., Spain, the Netherlands, and RoE), Asia-Pacific (China, Japan, India, Australia, and RoAPAC), Latin America (Brazil, Mexico, Argentina, and RoLATAM), and Middle East & Africa. Asia-Pacific commanded the largest share of the global chocolate and confectionery processing equipment market in 2017, followed by Europe and North America. The large share of this region is mainly attributed to increasing demand of functional and premium chocolate and confectionery products in emerging and developing countries including India, China, Indonesia, and Thailand; higher population base; and increasing expenditure on convenience and ready-to-eat products. Followed by Asia Pacific market, Europe has commanded the second largest share in the global chocolate and confectionery processing equipment market.
The major players operating in the global chocolate and confectionery processing equipment market are Buhler AG (Switzerland), GEA Group Aktiengesellschaft (Germany), John Bean Technologies Corporation (U.S.), Heat and Control Inc. (U.S.), Alfa Laval AB (Sweden), Robert Bosch Packaging Technology GmbH (Germany), Aasted APS (Denmark), Baker Perkins Limited (U.K.), Tomric Systems, Inc (U.S.), Caotech B.V. (The Netherlands), Sollich KG (Germany), Apex Machinery & Equipment Co., Ltd. (China), Royal Duyvis Wiener B.V. (The Netherlands), Tecno 3 S.R.L. (Italy), and BCH Limited (U.K.), among others.
Get More Reports of This Category at: https://www.meticulousresearch.com/category/food-beverages-market-research/23
Key questions answered in the report:
• Which are the high growth market segments in terms of types, application, and region/countries?
• What was the historical market for chocolate and confectionery processing equipment across the globe?
• What are the market forecasts and estimates for the period 2018-2024?
• What are the major drivers, restraints, opportunities, and challenges in the global chocolate and confectionery processing equipment market?
• Who are the major players in the chocolate and confectionery processing equipment market?
• How is the competitive landscape and who are the market leaders in the global chocolate and confectionery processing equipment market?
• What are the recent developments in the global chocolate and confectionery processing equipment market?
• What are the different strategies adopted by the major players in the global chocolate and confectionery processing equipment market?
• What are the geographical trends and high growth regions/ countries?
• Who are the local emerging players in the global chocolate and confectionery processing equipment market and how do they compete with the global players?
About Us:
The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze and present the critical market data with great attention to details.
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.
Contact Details:
Khushal
Meticulous Research Pvt.Ltd.
Phone: +91-744-7780008
Email: sales@meticulousresearch.com
Website: https://www.meticulousresearch.com
Comments
Post a Comment