Market Research Report
Food Processing Blades Market Size, Share & Trends Analysis Report By Product (Straight, Curved, Circular), By Application (Grinding, Cutting/Portioning), By End-use, By Region, And Segment Forecasts, 2020 - 2027
|Food Processing Blades Market Size, Share & Trends Analysis Report By Product (Straight, Curved, Circular), By Application (Grinding, Cutting/Portioning), By End-use, By Region, And Segment Forecasts, 2020 - 2027|
Published: October 21, 2020
Grand View Research, Inc.
Content info: 85 Pages
Delivery time: 2-10 business days
The global food processing blades market size is expected to reach USD 1.5 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.6% from 2020 to 2027. Rising demand for poultry, meat, confectionery, along with packaged and healthy food products, is expected to augment the demand for food processing blades.
Food processing blades are widely utilized across the food industries, including bakery and confectionery, meat, seafood and poultry, and dairy, for peeling, skinning, slicing, grinding, and other processes. The regulatory associations such as the Ministry of Food Processing Industries and the Environmental Protection Agency (EPA) are expected to drive the market.
The value chain for food processing equipment has five constituents, namely raw material suppliers, assemblers/manufacturers, suppliers, distributors, and end-use industries. Many companies in the food processing equipment market tend to opt for forward & backward integration in value chain management.
Major players including Marel and JBT Corporation focus on standard and quality products and offer automated operational processes. The market is anticipated to witness significant growth opportunities in the emerging markets of Asia Pacific, Middle East and Africa, and Central and South America, where the demand for processed and packaged food has increased with changing consumer preferences and inclination towards fast food and seafood.