A recent report published by Infinium Global Research on confectionery processing equipment market provides an in-depth analysis of segments and sub-segments in the global as well as regional confectionery processing equipment market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional confectionery processing equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global confectionery processing equipment market. According to the report, the global confectionery processing equipment market is projected to grow at a CAGR of 6.1% over the forecast period of 2019-2025.
The growing influence of the healthy confectionary products among the children, youth and middle-class consumers are helping to grow the demand for a different type of confectionery processing equipment among confectionary manufacturers. Further, the growing demand for healthier and natural ingredient based confectionary products are helping to boost the demand for the different type of customized confectionary manufacturing equipment. Additionally, continuous growing innovation in the sugar-free ingredients for the confectionery products are attracting a large chunk of diabetic consumers to improve their heart health through regular consumption of cocoa-based confectionery products.
The growing disposable income among the young and middle-class consumers, a growing number of the double-income family is helping to grow the demand of the different type of confectionery products for different purposes such as snacks time, dinner time, breakfast and lunchtime. Further, the growing demand of the different type of the customized confectionery product fort the different consumer group is helping to boost the demand of the different type of the confectionery processing equipment. However, the cost factor of the confectionery processing equipment and lack of skilled healthcare is helping to restrict the demand for the different type of confectionery processing equipment.
Globally, the confectionery processing equipment market is segmented into the four regions namely North America, Europe, the Asia-Pacific, and RoW. North America is the leading market of the confectionery processing equipment, owing to the presence of the several confectionery manufacturing the companies in this region. Further, the availability of the different confectionery loving consumer group is helping to grow the demand for the different type of confectionery processing equipment in this region. Europe is the second-largest market of the confectionery processing equipment, after North America. The Asia-Pacific market is expected to grow at the highest CAGR during the forecast period, owing to the growing disposable income among the young, youth and middle-class consumers, who are regularly consuming different type of the confectionery products for numerous health benefits.
The report on global confectionery processing equipment market covers segments such as type, product, and mode of operation. On the basis of type, the sub-markets include thermal equipment, extrusion equipment, mixers, blenders and cutters, cooling equipment, coating equipment, and other equipment. On the basis of product, the sub-markets include soft confectionery, hard candies, chewing gums, gummies & jellies, and other products. On the basis of mode of operation, the sub-markets include automatic, and semi-automatic.
The report provides profiles of the companies in the market such as Rieckermann GmbH, Heat and Control, Inc., SOLLICH KG, Baker Perkins Ltd, Tanis Confectionery, BCH Electric Limited, Aasted, JBT Corporation, Alfa Laval AB, and GEA Group AG.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of confectionery processing equipment market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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