What is the global market size of the Chocolate and Confectionery Processing Equipment Market?

Global Chocolate and Confectionery Processing Equipment Market was valued at USD 4.02 billion in 2021, and is expected to rise from USD 4.3 billion in 2022 to reach a value of USD 7.33 billion by 2030, at a CAGR of 6.90% during the forecast period (2023–2030).

What is the key market trend for the Global Chocolate and Confectionery Processing Equipment Market?

One of the key market trends in the global lipid market is the increasing demand for plant-based lipids. As consumers become more health-conscious and environmentally aware, there is a growing preference for products that are derived from sustainable sources. Plant-based lipids, such as those derived from algae and other microorganisms, are increasingly being used in a range of applications, including food, pharmaceuticals, and personal care products. This trend is expected to continue in the coming years, as consumers increasingly prioritize health and sustainability in their purchasing decisions.

Which region accounted for the largest share in the Global Chocolate and Confectionery Processing Equipment Market?

North America dominated the global lipid market due to the increasing demand for functional foods and dietary supplements. The growing prevalence of chronic diseases and obesity has led to a rise in demand for lipid-based products, such as omega-3 fatty acids, in the region. Furthermore, the region has a well-established food and beverage industry, which is driving the growth of the lipid market.

Chocolate and Confectionery Processing Equipment Market Size, Share, Growth Analysis, By Application(Soft confectionery, hard candies, chewing gums, and gummies and jellies), By Type(Depositors, formers, coatings & spraying systems, mixers), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Chocolate and Confectionery Processing Equipment Market?

The global 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.)'

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

Chocolate and Confectionery Processing Equipment Market Regional Insights

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 global 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.

China is expected to dominate the Asia-Pacific market in the forecast period due to a large population base, increasing spending on convenient and ready-to-eat foods, cost effective manufacturing operations, and the availability of cheap skilled labor.

Chocolate and Confectionery Processing Equipment Market Report Snapshots

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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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Chocolate and Confectionery Processing Equipment Market Size, Share, Growth Analysis, By Application(Soft confectionery, hard candies, chewing gums, and gummies and jellies), By Type(Depositors, formers, coatings & spraying systems, mixers), By Region - Industry Forecast 2024-2031

Chocolate and Confectionery Processing Equipment Market Regional Insights

Chocolate and Confectionery Processing Equipment Market Report Snapshots

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What is the market size of Chocolate and Confectionery Processing Equipment Market?

Who are the key vendors in the Chocolate and Confectionery Processing Equipment Market?

What is the key driver of Chocolate and Confectionery Processing Equipment Market?

What is the key market trend for Chocolate and Confectionery Processing Equipment Market?

Which region accounted for the largest share in Chocolate and Confectionery Processing Equipment Market?

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