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Confectionery Processing Equipment Market is set for a Rapid Growth and is Expected to Reach USD 7.47 Billion by 2026


iCrowdNewswire   Oct 1, 202012:10 PM ET

Zion Market Research has published a new report titled “Global Confectionery Processing Equipment Market Report by Type (Thermal, Mixers, Blenders, Cutters, Extrusion, Cooling, Coating), by Mode of Operation (Automatic and Semi-Automatic), by Application (Hard Candies, Chewing Gums, Gummies & Jellies, and Soft Confectionery): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2026.” According to the report, the confectionery processing equipment market accounted for USD 4.87 Billion in 2018 and is expected to reach USD 7.47 Billion by 2026, growing at a CAGR of around 5.5% between 2019 and 2026.

The global confectionery processing equipment market is estimated to observe noticeable growth over the years. The number of retail industries and confectionary manufacturing companies is rising across the globe. In addition to the increasing awareness regarding the health benefits of chocolate, the number of dark chocolate and sugar-free chocolate consumption is increasing at a faster pace. Such trends are expected to grow the global confectionery processing equipment market within the forecast period. Moreover, increasing demand for innovative products such as nutritious candies and chocolate bars are estimated to drive the global confectionery processing equipment market across the globe.

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The global confectionery processing equipment market has been segmented on the basis of the type, mode of operation, and application. Based on the type, the confectionery processing equipment market is divided intothermal, mixers, blenders, cutters, extrusion, cooling, coating. The extrusion equipment segment is anticipated to grow at a faster pace amongst all the confectionery processing equipment types within the forecast period. This equipment has been upgraded over the years to produce continuous ropes for several candy products and customize the shape of the product as per customer choices. This is estimated to augment the demand for extrusion products. Based on the mode of operation, the confectionery processing equipment market is divided into automatic and semi-automatic. The automatic segment is expected to have maximum share over the semi-automatic segment within the forecast period as automatic confectionery processing equipment provides added advantage such as it reduces labor costs, time and ensures superior quality products. Application-wise, the global confectionery processing equipment market is segmented into hard candies, chewing gums, gummies & jellies, and soft confectionery. The soft confectionery segment is likely to have maximum share followed by the hard candies segment owing to the rising demand for a variety of chocolates from the consumers.

The key players in the global confectionery processing equipment market are Robert Bosch GmbH, Bühler AG, GEA Group, Alfa Laval, John Bean Technologies Corporation (JBT), Aasted ApS, BCH Ltd., Tanis Confectionery, Baker Perkins Limited, Sollich KG, Heat and Control, Inc., and Rieckermann GmbH among others.

This report segments the global confectionery processing equipment market as follows:

Global Confectionery Processing Equipment Market: Type Segment Analysis

  • Thermal
  • Mixers
  • Blenders
  • Cutters
  • Extrusion
  • Cooling
  • Coating

Global Confectionery Processing Equipment Market: Mode of Operation Analysis

  • Automatic
  • Semi-Automatic

Global Confectionery Processing Equipment Market: Application Analysis

  • Hard Candies
  • Chewing Gums
  • Gummies & Jellies
  • Soft Confectionery

Global Confectionery Processing Equipment Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

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Keywords:    Confectionery Processing Equipment Market

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