Global Chocolate & Confectionery Processing Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Chocolate & Confectionery Processing Equipment is a device for Chocolate & Confectionery production. Chocolate and confectionery processing equipment provides a solution to meet the growing demand for chocolate and confectionery products as well as innovative and functional products.
Market Overview:The latest research study on the global Chocolate & Confectionery Processing Equipment market finds that the global Chocolate & Confectionery Processing Equipment market reached a value of USD 4824.28 million in 2022. It’s expected that the market will achieve USD 6457.43 million by 2028, exhibiting a CAGR of 4.98% during the forecast period.
LimitationsRaw materials occupy an important market share in the production of the entire Chocolate & Confectionery Processing Equipment. As the price of raw materials rises, the manufacturing costs of the manufacturers will be increased, thereby reducing the profits that manufacturers can obtain.
With the development of the economy, people have higher demands on wages, which has led to an increase in labor prices in various regions of the world. In view of the fact that the production of Chocolate & Confectionery Processing Equipment requires more labor, the cost of manufacturers increases as labor costs increase.
As a labor-intensive industry, product homogeneity in the global market is very serious. The price competition is fierce and the profit margin of manufacturers is continuously decreasing, so low-price competition will become one of the obstacles.
Region Overview:Europe had the highest growth rate of all regions.
Company Overview:The top three companies are Robert Bosch GmbH, BühlerAG, GEA Gr oup with the revenue market share of 7.22%, 6.90% and 4.59% in 2018.
Robert Bosch Gesellschaft mit beschraenkter Haftung manufacture auto parts. The Company offers auto spare parts, mobility, home appliances, and industrial products, as well as business process outsourcing, drive and control technology, energy, and building solutions. Robert Bosch serves customers worldwide.
Buehler Holding AG operates as a holding company. The Company, through its subsidiaries, manufactures and markets food and chemical processing, die casting, and material handling machinery. Buhler Holding also offers bag conveyor, aerodry impingement oven, rail vehicle loading, steel storage bins, small filter, magnetic separator, and other machineries worldwide.
Segmentation Overview:Among different product types, Confection Processing Equipment segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Soft Confectionery segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Chocolate & Confectionery Processing Equipment market covered in Chapter 3:Apex Machinery and Equipment Co., Ltd.
Rieckermann GmbH
Royal Duyvis Wiener B.V.
Caotech B.V.
Selmi Srl
BühlerAG
GEA Group
Hacos
Alfa Laval
John Bean Technologies Corporation
Baker Perkins Limited
Robert Bosch GmbH
Sollich KG
NETZSCH
BCH Ltd
Heat and Control
Tomric Systems, Inc.
Tecno 3 S.R.L.
Tanis
In Chapter 4 and Chapter 14.2, on the basis of types, the Chocolate & Confectionery Processing Equipment market from 2018 to 2029 is primarily split into:Chocolate Processing Equipment
Confection Processing Equipment
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Chocolate & Confectionery Processing Equipment market from 2018 to 2029 covers:Chocolate
Soft Confectionery
Hard Candies
Chewing Gums
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)