Global Food Processing Blades Market - 2023-2030

Global Food Processing Blades Market - 2023-2030

Market Overview

The Global Food Processing Blades Market size reached US$ 915.2 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 1,632.2 million by 2030. The market is growing at a CAGR of 7.5% during the forecast period (2023-2030).

The Food processing blades market is growing over the forecast period owing to an increase in the application of food processing blades in cutting vegetables for salads, meats, bread and cheese. It is also used in the food industry machines to break down the ingredients for food products.

An increase in the trend of consuming innovative food helps to boost the growth of the food processing blade market. Major key players in the industry launched innovative products in the market which helps to increase sell of food processing blades.

Market Dynamics

An increase in the Adoption of Automated Food Processors Helps to Boost Market Growth.

There has been a growing preference for automated food processors across a variety of industries, causing traditional models to be gradually phased out in favor of modern models. As a result, the global adoption of food processing blades has been facilitated, resulting in a good outlook for the industry. To fulfill the demands of the world's expanding population, effective production, processing and distribution of food items are essential components of the global food supply chain.

Increase the Consumers’ Demand for the Food

A rapid increase in the world population and increase living standards of consumers create demand for innovative food products with different techniques. Food production is essential for satisfying the demand for food, the world population is expected to exceed 9.7 billion by 2050.

To ensure that food is produced in adequate amounts to feed the expanding population, food producers employ a variety of techniques.

COVID-19 Impact Analysis

The quick expansion of the COVID-19 pandemic, on the other hand, has had a substantial influence on the food processing technology and equipment market, particularly in Germany, the United Kingdom, France, China and India. These countries have a big market share and several significant players, which stifles the production of food processing blades.

Furthermore, the United Nations Conference on Trade and Development (UNCTAD) predicts that global FDI will decline by 5% to 15% due to a drop-in manufacturing company activity as a result of factory closures. Global investments in the food processing equipment manufacturing sector are projected to fall due to the COVID-19 outbreak. As a result of this scenario, demand for food processing blades has fallen, notably in 2020.

Segment Analysis

The global food processing blades market is segmented based on product type, application, end-use and region.

Owing to the Increase in the Applications of Food Processing Blades in Grinding.

The food processing blades market has been segmented by application as grinding, slicing, dicing, skinning, peeling and others.

Because of its effectiveness in lowering the particle size of foodstuffs, the segment is expected to increase significantly in the future years. Meat, vegetables, fruits and other things are driven through a grinding plate, preceded by a rotating blade, in the grinding machinery.

An increase in the innovative solutions of the blades for grinding helps to increase demand for food processing blades. An increase in the innovative blade launches by major key players for grinding helps to boost segment growth.

Geographical Analysis

Increase in the Major Key Players Focus on the Food Processing Blades in the Region

By region, the global food processing blades market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East and America.

In 2022, In North American countries, the number of food and beverage manufacturing factories is steadily expanding. Furthermore, the food processing technology and equipment business is growing in size due to the increased demand for healthy food in the United States. In food processing factories, these devices are used to process large amounts of food in a short length of time.

Competitive Landscape

The major global players include Minerva Omega Group s.r.l, BAADER, Halder Venture Limited, JBT Corporation, Marel, Bettcher Industries Inc., Biro Manufacturing Company., Jarvis India, Bettcher Industries Inc, and Hallde.

Why Purchase the Report?
• To visualize the global food processing blades market segmentation based on product type, application, end-use and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of food processing blades market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The Global Food Processing Blades Market Report Would Provide Approximately 61 Tables, 59 Figures and 195 Pages.

Target Audience 2023
• Manufacturers / Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies