Market Research Report
Confectionery Processing Equipment - Global Market Outlook (2017-2026)
|Confectionery Processing Equipment - Global Market Outlook (2017-2026)|
Published: November 1, 2018
Stratistics Market Research Consulting
Content info: 175 Pages
Delivery time: 2-3 business days
According to Stratistics MRC, the Global Confectionery Processing Equipment Marketis accounted for $4.15 billion in 2017 and is expected to reach $8.95billion by 2026 growing at a CAGR of 8.9% during the forecast period. Some of the key factors influencing the market growth include high growth in emerging economies, increasing population of children & young adults, high growth in healthier functional foods and new trends in the confection manufacturing. However, factors such as increase in awareness regarding the ill effects of sugar consumption among consumers and high R&D expenditure are hampering the market growth.
Confectionery processing equipments are those equipments that are used for incessant enrobing systems frightening units. This system are built and intended to suit the customer's most exacting needs. Focused enrobing systems can be built with animated and jacketed holding tanks, important filters and adaptable motorized hold down assemblies. Such actions can provide a variable liquid level for partial enrobing. The demand for bakery and food dispensation machinery is increasing in different developing countries.
By Product, Soft Confectionery segment is anticipated to witness considerable market share during the forecast period. It is one of the most inspired confectionery products by almost all age groups in all regions and is a key component in many food products such as candy bars, milkshakes, cookies, and other food products. Based on geography, Asia Pacific is projected to be the fastest-growing region which can be attributed to increase in disposable incomes, high consumption of convenience foodsand rise in the middle-class population which is driving the demand for nutritious chocolatecandies& bars with different& improved flavors. This offers an opportunity for the major players in the field of confectionery processing to expand their geographical reach in the region.
Some of the key players profiled in the Confectionery Processing Equipment MarketincludeAlfa Laval, JBT Corporation, Bosch, Toshiba Machine Co., Ltd., Buhler AG, GEA Group, Heat and Control, Inc., Rieckermann GmbH, SOLLICH KG, Baker Perkins, Tanis Confectionery, BCH Ltd. and Aasted.