Confectionery processing equipment is used to produce the confectionery products like chewing gums, hard candies, soft confectionery and gummies & jellies. Confectionery in a wider sense indicates the preservation of the sweet meat preparations in the form of caramels, chocolate, processed cocoa products, candies and traditional Indian confections. Different types of equipment are required in the production process of confectioneries for different processes. As per an article published in 2017 in the Brandon Gaille, about 50% of the chocolate retail sales across the world take place in the European continent. Many of the developing countries are expecting to see the sales increasing up to 25% in the future. The consumption of chocolate across the world every year is projected to be about 7.2 million metric tons. Global confectionery processing equipment market is projected to register a healthy CAGR of 7.1% in the forecast period of 2019 to 2026.
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- Growth of the global retail industry
- Product availability and new trends in the confectionery industry
- Increase in demand for sugar-free and organic confectionery products
Global Confectionery Processing Equipment Market Definition:
Confectionery processing equipments are those equipments that are used for continuous enrobing systems chilling units. This system are built and designed to suit the customer’s most exacting requirements. Specialised enrobing systems can be built with heated and jacketed holding tanks, integral filters and adjustable motorised hold down assemblies. Such arrangements can provide a variable liquid level for partial enrobing. The demand for bakery and food processing machinery is increasing in various developing countries. According to an article published recently by the bakery and snacks, the chocolate and confectionery machinery had a market value of USD 4.3 billion as they make non staple, high price items that has highest consumption rate among the population. Various technological advancement will allow the production of various complex foods which will also increase the demand by providing food processing company with higher growth rate.
Key Insights in the report:
Historical and current market size and projection up to 2025
Market trends impacting the growth of the global confectionery processing equipment market
Analyze and forecast the confectionery processing equipment market on the basis of type, product and mode of operation.
Trends of key regional and country-level markets for basis of type, product and mode of operation
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Global Confectionery Processing Equipment Market Competitive Landscape:
The Global Confectionery Processing Equipment Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of confectionery processing equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Contents:
Compliance in Global Confectionery Processing Equipment Market
Global Confectionery Processing Equipment Market, By Service
Global Confectionery Processing Equipment Market, By Deployment Type
Global Confectionery Processing Equipment Market, By Organization Size
Global Confectionery Processing Equipment Market, Analyses, By Vertical
Detailed Company Profiles
An inflation in the CAGR levels is causing the Global Confectionery Processing Equipment Market to change day by day. The moves of several key players and brands in the Global Confectionery Processing Equipment Market have had an effect on the transactions, trades and profits. The forecast years 2018 to 2025 shows a massive revolution
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