Global Powder Processing Equipment Market Overview
On observing the current trends, Powder Processing Equipment Market Size is expected to cross USD $15 billion by 2030 at a CAGR of 6.47% during the forecast period 2022-2030. Industries are now leaning towards the adoption of newer production methods, and automation is one of them. The powder processing equipment market is getting along with bakery, coffee & tea, and other food & beverage industries.
Automation procedures are helping the industries in gaining revenues and reducing related human errors. Powder processing is an essential part of pharmaceuticals, food & beverage, constructions and other industries. This equipment are highly useful in mixing with minimum energy consumption, low residuals, minimum damage to the powders, and other factors are helping the market towards robust future stances.
The food & beverage and pharmaceuticals industries are the major contributors to this market. Powder processing equipment is highly useful in the production and processing of food colourants, soups, proteins, dairy, confectionary and other powdered materials.
Market Growth Driving Factors
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Key Companies Profiled
Recent Industry News
The global powder processing equipment market has found itself a definite place in many industries looking for automation procedures. The food & beverage and construction & mining industries are the primary users of this equipment. The Asia Pacific region is the largest market and is projected to maintain its position during the global surveys. Also, this region will lead the market by showing the fastest growth rates.
Regional Market Summary
The Asia Pacific, America, Europe and The Middle East & Africa are the major regions observed for preparing the report on the global powder processing equipment market.
The Asia Pacific region is the largest global market and will stay at the top during the survey period. Rapid urbanisation, increasing industrial covers, investments from foreign companies, growing demands due to high population cover and others are the major driving factors for this region’s market. Rapidly developing economies like India, Japan and China are the major shareholders due to robust industrial capabilities and large consumer base. China is the primary region and will maintain its lead due to already well-established production houses and rising mining & construction procedures.
The American region is the second-largest global market. Here, the North American region is the primary market with US and Canada as the major shareholders due to rising demands for automation procedures, presence of key market players and expanding mining & production facilities.
The European region is the third-largest market due to expanding the food & beverage industry, increasing research & development programs for unfolding new aspects and automation, which leads to minimising human errors and higher precision.
Rest of the regions are still in growing ages and will grow at the same pace during the survey period.
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Powder Processing Equipment global market’s segments
The global powder processing equipment market is segmented into two parts:
Technology used: Based on technology, the powder processing equipment are used for drying & cooling, mixing & blending and others.
End Users: Food & beverage, meat, metal, pharmaceuticals and other industries are the major end-users of this market.
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