Global Chocolate and Confectionery Processing Equipment 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 2025-2032


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

Chocolate and Confectionery Processing Equipment Market Insights

Chocolate and Confectionery Processing Equipment Market size was valued at USD 4.6 Billion in 2023 and is poised to grow from USD 4.92 Billion in 2024 to USD 8.38 Billion by 2032, growing at a CAGR of 6.90% during the forecast period (2025-2032).

In the recent decades, consumption of processed chocolate and confectioneries has increased drastically due to increasing population. Growth of the global market is attributed to adoption of new methods, technology and machinery in the chocolate and confectionery manufacturing industry. During the production of chocolate and confectioneries manufacturers faced challenges such as fat migration, incorrect heating, interfering aromas in cocoa, and rancidity in formulation ingredients. By maximising energy efficiency and working towards more sustainable products, these challenges give the chocolate and confectioneries equipment business a chance to demonstrate their expertise and innovative strength and encourage confectionery companies.

Urban consumers have access to a much broader range of chocolate and confectioneries as well as the better availability than rural areas. This urbanization leads to higher living standards and rising incomes, which significantly impact the affordability of chocolate and confectionery products.

US Chocolate and Confectionery Processing Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.

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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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Global Chocolate and Confectionery Processing Equipment Market

Report ID: SQMIG20H2015

$5,300
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