Global Chocolate and Confectionery Processing Equipment Market

Chocolate and Confectionery Processing Equipment Market Size, Share, Growth Analysis, By Application(Soft confectionery, hard candies), By Type(Depositors, formers) - Industry Forecast 2024-2031

Report ID: SQMIG20H2015 | Region: Global | Published Date: April, 2024
Pages: 202 | Tables: 66 | Figures: 71

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Chocolate and Confectionery Processing Equipment Market was valued at USD 4.3 billion in 2022 and is expected to rise from USD 4.6 billion in 2023 to reach USD 7.84 billion by 2031, at a CAGR of 6.90% during the forecast period, (2024-2031).

The chocolate and confectionery processing equipment market competitive landscape provides the details by competitor. Details included are company overview, company financials, revenue generated, company strength and weakness, product launch, new market initiatives and other. 'Buhler AG (Switzerland)', 'GEA Group Aktiengesellschaft (Germany)', 'John Bean Technologies Corporation (U.S.)', 'Heat and Control Inc. (U.S.)', 'Alfa Laval AB (Sweden)', 'Robert Bosch Packaging Technology GmbH (Germany)', 'Aasted APS (Denmark)', 'Baker Perkins Limited (U.K.)', 'Tomric Systems, Inc (U.S.)', 'Caotech B.V. (Netherlands)', 'Sollich KG (Germany)', 'Apex Machinery & Equipment Co., Ltd. (China)', 'Royal Duyvis Wiener B.V. (Netherlands)', 'Tecno 3 S.R.L. (Italy)', 'BCH Limited (U.K.)', 'Dover Corporation (U.S.)'

The wide expansion of the retail industry is expected to drive the growth of the market over the forecast period. Other factors expected to drive the growth of the chocolate and confectionery processing equipment market are product availability, higher per capita income level, rising urbanization, new product launches, increasing demand for healthy and functional confectionery items, and the new trends in the confectionery industries. In addition, adoption of new technology, machinery, and methods by chocolate and confectionery industries.

One of the trends is the shift of manufacturing production plants from North America and Europe to the Asia-Pacific region. This is due to increasing industrialization as well as large government investment in the food and manufacturing sector.

Asia- pacific region is expected to grow at a fastest rate during the forecast period. The rapid growth of this market is mainly attributed to a shift in manufacturing from North America and Europe to the Asia-pacific region, increasing use of equipment in the manufacture of chocolate and confectionery products, increasing industrialization and rising government investment in the food processing sector.

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