From Mixers to Extruders: Analyzing the Global Confectionery Processing Equipment Industry - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Confectionery Processing Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global confectionery processing equipment market has been analyzed extensively, considering various geographic regions. The market analysis includes a focus on the United States, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

Key competitors in each of these regions for the year 2023 have been identified and categorized based on their market presence as strong, active, niche, or trivial. This comprehensive analysis encompasses recent past, current, and future assessments of the confectionery processing equipment market, including historic reviews, annual sales figures, and projected % CAGR values for various product categories such as soft confectionery, hard candies, chewing gums, gummies & jellies, and more.

The report also delves into specific equipment types, such as mixers, blenders, cutters, cooling equipment, coating equipment, extrusion equipment, and thermal equipment. This information provides a deep understanding of the market landscape, its key players, and the trends shaping the confectionery processing equipment industry.

Global Confectionery Processing Equipment Market to Reach $10.7 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Confectionery Processing Equipment estimated at US$5.8 Billion in the year 2022, is projected to reach a revised size of US$10.7 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2022-2030.

Soft Confectionery, one of the segments analyzed in the report, is projected to record 9.5% CAGR and reach US$3.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hard Candies segment is readjusted to a revised 7.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 12.5% CAGR

The Confectionery Processing Equipment market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 12.5% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 7.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession.

Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced. Year 2023 is expected to be tough year for most markets, investors and consumers.

Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

A selection of companies mentioned in this report includes

• Aasted
• Alfa Laval
• Baker Perkins
• BCH Ltd.
• Bosch
• Buhler AG
• GEA Group
• Heat and Control, Inc.
• JBT Corporation
• Rieckermann GmbH

For more information about this report visit https://www.researchandmarkets.com/r/c8kzyo

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