A recent report published by Infinium Global Research on the 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 the 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 types 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 a double-income family is helping to grow the
demand for the different types of confectionery products for different
purposes such as snack time, dinner time, breakfast and lunchtime. Further,
the growing demand for the different types of customized confectionery
products for the different consumer groups is helping to boost the demand for the
different types 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 types 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 several
confectionery manufacturing companies in this region. Further, the
availability of the different confectionery loving consumer groups is helping to
grow the demand for the different types 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 types of confectionery products for
numerous health benefits.
The report on the 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 the 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.