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Chocolate Processing Equipment Market Outlook (2023 to 2033)

During the projected period (2023 to 2033), the global chocolate processing equipment market is expected to grow at a CAGR of 8.6%. The chocolate processing equipment market is projected to reach a valuation of US$ 6389 million by 2033 from US$ 2800 million showcased in 2023.

Equipment for processing chocolates and confectionery items offers a novel way to meet the rising demand for these items worldwide. A considerable need to adopt new practices, tools, and equipment in the making of chocolates and confectionery products is implied by the rising demand for new products. Equipment for processing chocolates and confectionery items is installed to address various problems that often manufacturers encounter, including rancidity in formulation ingredients, fat migration, improper heating, interfering scents in cocoa, and other issues.

Over the past two decades, there has been a consistent expansion in the global chocolate and confectionery sector. This demand is mainly attributed to rapid urbanization, new product introductions, innovative marketing techniques, shifting nutritional preferences, and the growing practice of giving confectionary products as gifts.

High acceptance of confectionery items is also being ensured by expanding brand consciousness, exposure to western products in emerging nations, development of new product categories, and launch of new product variants that would appeal to a wide variety of tastes. These factors are projected to push the chocolate processing equipment market in the next ten years.

High demand for healthy and functional confectionery products such as products that are free of artificial sweeteners & flavors, saturated fat, and trans fats, which require technologically advanced equipment to produce, is likely to spur the chocolate processing equipment market. Besides, the emergence of new machinery and production methods in the chocolate and confectionery industry is expected to boost the global market.

Furthermore, robust demand for high-quality products in both developed and developing countries is anticipated to fuel the global market. As per the Center for the Promotion of Imports (CBI), the average chocolate consumption amounts to nearly 0.9 kilograms per capita every year across the globe.

Germans are considered to be the largest chocolate consumers in the world with a per capita consumption of 11 kilograms every year. Similarly, Switzerland is currently the second-largest chocolate consumer with 9.7 kilograms per capita. These numbers are estimated to grow at a rapid pace in the evaluation period on the back of changing lifestyles and high disposable income worldwide, thereby driving the chocolate processing equipment market.

Attributes Key Insights
Global Chocolate Processing Equipment Market Estimated Size (2023E) US$ 2800 million
Projected Market Valuation (2033F) US$ 6389 million
Value-based CAGR (2023 to 2033) 8.6%
Market Share of North America 36%

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2018 to 2022 Global Chocolate Processing Equipment Market Outlook Compared to 2023 to 2033 Demand Forecast

As per FMI, the global chocolate processing equipment market exhibited considerable growth at a CAGR of 6.5% during the historical period from 2018 to 2022. The rapid expansion of the global retail industry owing to increasing consumer spending, high disposable income, rising population, and surging GDP growth were responsible for pushing the market in the historical period.

Confectionery is nowadays considered to be an impulse category in the grocery segment of retailers in various parts of the globe. As per the third annual State of Treating report published by the National Confectioners Association (NCA), in 2021, sales of candies and chocolates were up 11% over 2020 and nearly 15.4% over 2019. Growth is attributed to rising consumer focus on gifting & sharing, seasonal celebrations, and emotional well-being.

Besides, the NCA mentioned that in 2021, the total confectionery category reached US$ 36.9 Million in terms of retail sales, which is expected to reach US$ 44.9 Million by the end of 2026. Leading confectionery companies and their retail partners are likely to gain new growth opportunities in the next ten years as the shift to home-centricity has surged and demand for unique treating moments with novel brands, big pack sizes, and products grow.

Country-wise Insights

How are USA-based Chocolate Processing Equipment Companies Faring?

“Hershey Company and Ferrero Group to Look for Advanced Cocoa Powder Processing Machines”

The USA chocolate market is moderately consolidated with the significant presence of various global, as well as regional players. Global players who are currently holding a prominent share include the Hershey Company, Ferrero Group, Mondelez International, and Nestle.

Key players in the USA chocolate processing equipment market are adopting innovative strategies such as new product innovation, mergers & acquisitions, and partnerships to expand their portfolios. Some of the other leading players in the market are also adopting marketing campaigns as a key strategy to strengthen their positions.

Why is India Exhibiting Exponential Sales of Chocolate Processing Equipment?

“Rising Demand for Organic Products in India to Drive Sales of Chocolate Manufacturing Machines”

India has a sizable population of millennials, which is considered to be a crucial chocolate consumer demographic. In India, the median age is 25, and the median age for the population as a whole is 35. The market is also being driven by factors such as evolving lifestyles, rapid westernization, expansion of the food services industry, value addition, and similar other factors.

Due to these reasons, chocolates are replacing local sweets as the preferred treat. The Indian chocolate processing equipment market is also being driven by increasing online chocolate sales, rising demand for luxury chocolates, and increasing need for organic & sugar-free chocolates.

How are International Chocolate Processing Equipment Firms Entering China?

“Emergence of Vegan Products in China to Spur the Demand for Chocolate Making Equipment”

The China chocolate processing equipment market is expected to generate a considerable share in the evaluation period. A rising number of consumers following healthy eating lifestyles and high demand for ‘better-for-me’ alternatives are anticipated to boost sales in China. In addition to that, the rising need for premium confectionery products under the chocolate segment with the launch of unique products by brands like paleo, organic, cruelty-free, and vegan label claims is projected to drive the China chocolate processing equipment market.

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Category-wise Insights

Which Type of Chocolate will be Mainly Processed by Advanced Equipment?

“Jellies and Gummies Manufacturers to Extensively Use Chocolate Production Equipment”

By product, the jellies and gummies segment is expected to dominate in the next ten years by generating the largest chocolate processing equipment market share. The high popularity of jellies and gummies among children of all age groups, as well as adults are anticipated to push the segment.

These are increasingly used as an alternative to conventional chewing gums and hard candies. Besides, ongoing technological advancements in the confectionery industry, including the introduction of 3D food printers for producing gummies and jellies to provide them with different sizes and shapes would bolster the segment in the chocolate processing equipment market.

Competitive Landscape

Key players operating in the global chocolate processing equipment market are focusing on new product launches, acquisitions, expansions, partnerships, mergers, and agreements to secure their positions. Top competitors in the market are also focusing on producing chocolates and confectionary items without changing their quality.

Moreover, economic considerations, cultural tendencies, rising health consciousness, and a rapidly changing indulgence-seeking mentality among consumers are projected to contribute to growth in the global chocolate processing equipment market. Thus, key manufacturers are focusing on engaging in joint ventures and collaborations with local firms to expand their distribution networks.

Some of the significant companies and products offered by them in the global chocolate processing equipment market are:

  • Bühler Group is one of the well-known names in the field of chocolate and confectionery processing equipment. Since 1860, this multinational Swiss manufacturer of plant equipment has supplied enterprises with novel equipment to help them produce goods in large quantities.
  • Another established player in the chocolate and confectionery manufacturing equipment industry is GEA Group. It has been instrumental in expanding the capacity of the food sector through ground-breaking inventions. It is nowadays focusing on enhancing the effectiveness of market participants present in the confectionery industry.
  • JBT Corporation, an American company, is another leading firm in the chocolate processing equipment market. Along with lowering the capital expenditure on machines, JBT is well-known for increasing the overall efficiency of its client companies. It enhances the processing strategies of clients operating globally by utilizing cutting-edge techniques.

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Scope of the Chocolate Processing Equipment Market Report

Attribute Details
Estimated Market Size (2023) US$ 2800 Million
Projected Market Valuation (2033) US$ 6389 Million
Value-based CAGR (2023 to 2033) 8.6%
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis Value (US$ Million)
Key Regions Covered
  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa(MEA)
Key Countries Covered
  • USA
  • Canada
  • Mexico
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Brazil
  • Argentina
  • South Africa
  • United Arab Emirates(UAE)
Key Segments Covered
  • By Machine Type
  • By Product
  • By Region
Key Companies Profiled
  • Buhler AG (Switzerland)
  • GEA Group Aktiengesellschaft (Germany)
  • John Bean Technologies Corporation (USA)
  • Heat and Control Inc. (USA)
  • Alfa Laval AB (Sweden)
  • Robert Bosch Packaging Technology GmbH (Germany)
  • Aasted APS (Denmark)
  • Baker Perkins Limited (UK)
  • Tomric Systems, Inc (USA)
  • Caotech B.V. (The Netherlands)
  • Sollich KG (Germany)
  • Apex Machinery & Equipment Co., Ltd. (China)
  • Royal Duyvis Wiener B.V. (The Netherlands)
  • Tecno 3 S.R.L. (Italy)
  • BCH Limited (UK)
Report Coverage Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Chocolate Processing Equipment Market Outlook by Category

By Machine Type:

  • Depositors
  • Formers
  • Coating and Spraying Systems
  • Mixer
  • Cooler
  • Others

By Product:

  • Soft Confectionery
  • Hard Candies
  • Chewing Gums
  • Gummies and Jellies
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • MEA

Frequently Asked Questions

Which Countries are Advancing the Labels Market?

The United States and India are advancing the global market.

Which Type of Segment holds lucrative Opportunities?

Jelly and gummies hold high revenue potential.

Which Countries Dominate the Chocolate Processing Equipment Market?

The United States, China, and India are estimated to dominate the global market.

What is the Growth Forecast for the Chocolate Processing Equipment Market?

The market is forecast to secure a CAGR of 8.6% through 2033.

How is the Historical Performance of the Chocolate Processing Equipment Market?

The market held a CAGR of 6.5% from 2018 to 2022.

Table of Content

1. Executive Summary | Chocolate Processing Equipment Market

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Product launches & Recent Developments

    3.4. Product Life Cycle Analysis

    3.5. Value Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. % of Operating Margin Analysis

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyers

    3.6. Global Chocolate Processing EquipmentMarket - Pricing Analysis

        3.6.1. Price Point Assessment by Region

        3.6.2. Price Point Assessment by Product Type

        3.6.3. Price Forecast till 2033

        3.6.4. Factors affecting Pricing

    3.7. Forecast Factors - Relevance & Impact

    3.8. Regulatory Landscape

        3.8.1. Packaging & Labelling Regulations

        3.8.2. Certifications and Certifying Agency Overview

        3.8.3. Import/Export Policies

    3.9. Regional Parent Market Outlook

    3.10. Consumers Survey Analysis

    3.11. Macro-Economic Factors

    3.12. Product Claims & Nutritional Information scanned by Buyers

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Product Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Product Type, 2023 to 2033

        5.3.1. Soft Confectionery

        5.3.2. Hard Candies

        5.3.3. Chewing Gums

        5.3.4. Gummies and Jellies

        5.3.5. Others

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Machine Type

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Machine Type, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Machine Type, 2023 to 2033

        6.3.1. Depositors

        6.3.2. Formers

        6.3.3. Coating and Spraying Systems

        6.3.4. Mixers

        6.3.5. Cooler

    6.4. Y-o-Y Growth Trend Analysis By Machine Type, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Machine Type, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    7.1. Introduction

    7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022

    7.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033

        7.3.1. North America

        7.3.2. Latin America

        7.3.3. Europe

        7.3.4. East Asia

        7.3.5. South Asia

        7.3.6. Oceania

        7.3.7. MEA

    7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    8.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    8.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

        8.2.1. By Country

            8.2.1.1. USA

            8.2.1.2. Canada

        8.2.2. By Product Type

        8.2.3. By Machine Type

    8.3. Market Attractiveness Analysis

        8.3.1. By Country

        8.3.2. By Product Type

        8.3.3. By Machine Type

    8.4. Key Takeaways

9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. Brazil

            9.2.1.2. Mexico

            9.2.1.3. Argentina

            9.2.1.4. Chile

            9.2.1.5. Peru

            9.2.1.6. Rest of Latin America

        9.2.2. By Product Type

        9.2.3. By Machine Type

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Product Type

        9.3.3. By Machine Type

    9.4. Key Takeaways

10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Country

            10.2.1.1. Germany

            10.2.1.2. Italy

            10.2.1.3. France

            10.2.1.4. UK

            10.2.1.5. Spain

            10.2.1.6. Russia

            10.2.1.7. BENELUX

            10.2.1.8. Poland

            10.2.1.9. Nordic Countries

            10.2.1.10. Rest of Europe

        10.2.2. By Product Type

        10.2.3. By Machine Type

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By Machine Type

    10.4. Key Takeaways

11. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Country

            11.2.1.1. China

            11.2.1.2. Japan

            11.2.1.3. South Korea

        11.2.2. By Product Type

        11.2.3. By Machine Type

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By Machine Type

    11.4. Key Takeaways

12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Country

            12.2.1.1. India

            12.2.1.2. Thailand

            12.2.1.3. Malaysia

            12.2.1.4. Indonesia

            12.2.1.5. Rest of South Asia

        12.2.2. By Product Type

        12.2.3. By Machine Type

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product Type

        12.3.3. By Machine Type

    12.4. Key Takeaways

13. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Country

            13.2.1.1. Australia

            13.2.1.2. New Zealand

        13.2.2. By Product Type

        13.2.3. By Machine Type

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product Type

        13.3.3. By Machine Type

    13.4. Key Takeaways

14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033

        14.2.1. By Country

            14.2.1.1. GCC Countries

            14.2.1.2. South Africa

            14.2.1.3. Central Africa

            14.2.1.4. North Africa

        14.2.2. By Product Type

        14.2.3. By Machine Type

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Product Type

        14.3.3. By Machine Type

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. USA

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2022

            15.1.2.1. By Product Type

            15.1.2.2. By Machine Type

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2022

            15.2.2.1. By Product Type

            15.2.2.2. By Machine Type

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2022

            15.3.2.1. By Product Type

            15.3.2.2. By Machine Type

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2022

            15.4.2.1. By Product Type

            15.4.2.2. By Machine Type

    15.5. Argentina

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2022

            15.5.2.1. By Product Type

            15.5.2.2. By Machine Type

    15.6. Chile

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2022

            15.6.2.1. By Product Type

            15.6.2.2. By Machine Type

    15.7. Peru

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2022

            15.7.2.1. By Product Type

            15.7.2.2. By Machine Type

    15.8. Germany

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2022

            15.8.2.1. By Product Type

            15.8.2.2. By Machine Type

    15.9. Italy

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2022

            15.9.2.1. By Product Type

            15.9.2.2. By Machine Type

    15.10. France

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2022

            15.10.2.1. By Product Type

            15.10.2.2. By Machine Type

    15.11. Spain

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2022

            15.11.2.1. By Product Type

            15.11.2.2. By Machine Type

    15.12. UK

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2022

            15.12.2.1. By Product Type

            15.12.2.2. By Machine Type

    15.13. Russia

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2022

            15.13.2.1. By Product Type

            15.13.2.2. By Machine Type

    15.14. Poland

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2022

            15.14.2.1. By Product Type

            15.14.2.2. By Machine Type

    15.15. BENELUX

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2022

            15.15.2.1. By Product Type

            15.15.2.2. By Machine Type

    15.16. Nordic Countries

        15.16.1. Pricing Analysis

        15.16.2. Market Share Analysis, 2022

            15.16.2.1. By Product Type

            15.16.2.2. By Machine Type

    15.17. China

        15.17.1. Pricing Analysis

        15.17.2. Market Share Analysis, 2022

            15.17.2.1. By Product Type

            15.17.2.2. By Machine Type

    15.18. Japan

        15.18.1. Pricing Analysis

        15.18.2. Market Share Analysis, 2022

            15.18.2.1. By Product Type

            15.18.2.2. By Machine Type

    15.19. South Korea

        15.19.1. Pricing Analysis

        15.19.2. Market Share Analysis, 2022

            15.19.2.1. By Product Type

            15.19.2.2. By Machine Type

    15.20. India

        15.20.1. Pricing Analysis

        15.20.2. Market Share Analysis, 2022

            15.20.2.1. By Product Type

            15.20.2.2. By Machine Type

    15.21. Thailand

        15.21.1. Pricing Analysis

        15.21.2. Market Share Analysis, 2022

            15.21.2.1. By Product Type

            15.21.2.2. By Machine Type

    15.22. Indonesia

        15.22.1. Pricing Analysis

        15.22.2. Market Share Analysis, 2022

            15.22.2.1. By Product Type

            15.22.2.2. By Machine Type

    15.23. Malaysia

        15.23.1. Pricing Analysis

        15.23.2. Market Share Analysis, 2022

            15.23.2.1. By Product Type

            15.23.2.2. By Machine Type

    15.24. Singapore

        15.24.1. Pricing Analysis

        15.24.2. Market Share Analysis, 2022

            15.24.2.1. By Product Type

            15.24.2.2. By Machine Type

    15.25. GCC Countries

        15.25.1. Pricing Analysis

        15.25.2. Market Share Analysis, 2022

            15.25.2.1. By Product Type

            15.25.2.2. By Machine Type

    15.26. South Africa

        15.26.1. Pricing Analysis

        15.26.2. Market Share Analysis, 2022

            15.26.2.1. By Product Type

            15.26.2.2. By Machine Type

    15.27. Central Africa

        15.27.1. Pricing Analysis

        15.27.2. Market Share Analysis, 2022

            15.27.2.1. By Product Type

            15.27.2.2. By Machine Type

    15.28. North Africa

        15.28.1. Pricing Analysis

        15.28.2. Market Share Analysis, 2022

            15.28.2.1. By Product Type

            15.28.2.2. By Machine Type

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product Type

        16.3.3. By Machine Type

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Buhler AG

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

                17.1.1.5.2. Product Strategy

                17.1.1.5.3. Channel Strategy

        17.1.2. GEA Group Aktiengesellschaft

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

                17.1.2.5.2. Product Strategy

                17.1.2.5.3. Channel Strategy

        17.1.3. John Bean Technologies Corporation

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

                17.1.3.5.2. Product Strategy

                17.1.3.5.3. Channel Strategy

        17.1.4. Heat and Control Inc.

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

                17.1.4.5.2. Product Strategy

                17.1.4.5.3. Channel Strategy

        17.1.5. Alfa Laval AB

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

                17.1.5.5.2. Product Strategy

                17.1.5.5.3. Channel Strategy

        17.1.6. Robert Bosch Packaging Technology GmbH

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

                17.1.6.5.2. Product Strategy

                17.1.6.5.3. Channel Strategy

        17.1.7. Aasted APS 

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

                17.1.7.5.2. Product Strategy

                17.1.7.5.3. Channel Strategy

        17.1.8. Baker Perkins Limited

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

                17.1.8.5.2. Product Strategy

                17.1.8.5.3. Channel Strategy

        17.1.9. Tomric Systems, Inc

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

                17.1.9.5.2. Product Strategy

                17.1.9.5.3. Channel Strategy

        17.1.10. Caotech B.V. 

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

                17.1.10.5.2. Product Strategy

                17.1.10.5.3. Channel Strategy

        17.1.11. Sollich KG

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

                17.1.11.5.2. Product Strategy

                17.1.11.5.3. Channel Strategy

        17.1.12. Apex Machinery & Equipment Co., Ltd.

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Profitability by Market Segments

            17.1.12.4. Sales Footprint

            17.1.12.5. Strategy Overview

                17.1.12.5.1. Marketing Strategy

                17.1.12.5.2. Product Strategy

                17.1.12.5.3. Channel Strategy

        17.1.13. Royal Duyvis Wiener B.V.

            17.1.13.1. Overview

            17.1.13.2. Product Portfolio

            17.1.13.3. Profitability by Market Segments

            17.1.13.4. Sales Footprint

            17.1.13.5. Strategy Overview

                17.1.13.5.1. Marketing Strategy

                17.1.13.5.2. Product Strategy

                17.1.13.5.3. Channel Strategy

        17.1.14. Others(on demand)

18. Assumptions & Acronyms Used

19. Research Methodology

List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (MT) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by By Product Type, 2018 to 2033

Table 4: Global Market Volume (MT) Forecast by By Product Type, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Machine Type, 2018 to 2033

Table 6: Global Market Volume (MT) Forecast by Machine Type, 2018 to 2033

Table 7: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 8: North America Market Volume (MT) Forecast by Country, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by By Product Type, 2018 to 2033

Table 10: North America Market Volume (MT) Forecast by By Product Type, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Machine Type, 2018 to 2033

Table 12: North America Market Volume (MT) Forecast by Machine Type, 2018 to 2033

Table 13: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 14: Latin America Market Volume (MT) Forecast by Country, 2018 to 2033

Table 15: Latin America Market Value (US$ Million) Forecast by By Product Type, 2018 to 2033

Table 16: Latin America Market Volume (MT) Forecast by By Product Type, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Machine Type, 2018 to 2033

Table 18: Latin America Market Volume (MT) Forecast by Machine Type, 2018 to 2033

Table 19: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 20: Europe Market Volume (MT) Forecast by Country, 2018 to 2033

Table 21: Europe Market Value (US$ Million) Forecast by By Product Type, 2018 to 2033

Table 22: Europe Market Volume (MT) Forecast by By Product Type, 2018 to 2033

Table 23: Europe Market Value (US$ Million) Forecast by Machine Type, 2018 to 2033

Table 24: Europe Market Volume (MT) Forecast by Machine Type, 2018 to 2033

Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: East Asia Market Volume (MT) Forecast by Country, 2018 to 2033

Table 27: East Asia Market Value (US$ Million) Forecast by By Product Type, 2018 to 2033

Table 28: East Asia Market Volume (MT) Forecast by By Product Type, 2018 to 2033

Table 29: East Asia Market Value (US$ Million) Forecast by Machine Type, 2018 to 2033

Table 30: East Asia Market Volume (MT) Forecast by Machine Type, 2018 to 2033

Table 31: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 32: South Asia Market Volume (MT) Forecast by Country, 2018 to 2033

Table 33: South Asia Market Value (US$ Million) Forecast by By Product Type, 2018 to 2033

Table 34: South Asia Market Volume (MT) Forecast by By Product Type, 2018 to 2033

Table 35: South Asia Market Value (US$ Million) Forecast by Machine Type, 2018 to 2033

Table 36: South Asia Market Volume (MT) Forecast by Machine Type, 2018 to 2033

Table 37: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 38: Oceania Market Volume (MT) Forecast by Country, 2018 to 2033

Table 39: Oceania Market Value (US$ Million) Forecast by By Product Type, 2018 to 2033

Table 40: Oceania Market Volume (MT) Forecast by By Product Type, 2018 to 2033

Table 41: Oceania Market Value (US$ Million) Forecast by Machine Type, 2018 to 2033

Table 42: Oceania Market Volume (MT) Forecast by Machine Type, 2018 to 2033

Table 43: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 44: MEA Market Volume (MT) Forecast by Country, 2018 to 2033

Table 45: MEA Market Value (US$ Million) Forecast by By Product Type, 2018 to 2033

Table 46: MEA Market Volume (MT) Forecast by By Product Type, 2018 to 2033

Table 47: MEA Market Value (US$ Million) Forecast by Machine Type, 2018 to 2033

Table 48: MEA Market Volume (MT) Forecast by Machine Type, 2018 to 2033

List of Charts

Figure 1: Global Market Value (US$ Million) by By Product Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Machine Type, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 4: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 5: Global Market Volume (MT) Analysis by Region, 2018 to 2033

Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 8: Global Market Value (US$ Million) Analysis by By Product Type, 2018 to 2033

Figure 9: Global Market Volume (MT) Analysis by By Product Type, 2018 to 2033

Figure 10: Global Market Value Share (%) and BPS Analysis by By Product Type, 2023 to 2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by By Product Type, 2023 to 2033

Figure 12: Global Market Value (US$ Million) Analysis by Machine Type, 2018 to 2033

Figure 13: Global Market Volume (MT) Analysis by Machine Type, 2018 to 2033

Figure 14: Global Market Value Share (%) and BPS Analysis by Machine Type, 2023 to 2033

Figure 15: Global Market Y-o-Y Growth (%) Projections by Machine Type, 2023 to 2033

Figure 16: Global Market Attractiveness by By Product Type, 2023 to 2033

Figure 17: Global Market Attractiveness by Machine Type, 2023 to 2033

Figure 18: Global Market Attractiveness by Region, 2023 to 2033

Figure 19: North America Market Value (US$ Million) by By Product Type, 2023 to 2033

Figure 20: North America Market Value (US$ Million) by Machine Type, 2023 to 2033

Figure 21: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 22: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 23: North America Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 26: North America Market Value (US$ Million) Analysis by By Product Type, 2018 to 2033

Figure 27: North America Market Volume (MT) Analysis by By Product Type, 2018 to 2033

Figure 28: North America Market Value Share (%) and BPS Analysis by By Product Type, 2023 to 2033

Figure 29: North America Market Y-o-Y Growth (%) Projections by By Product Type, 2023 to 2033

Figure 30: North America Market Value (US$ Million) Analysis by Machine Type, 2018 to 2033

Figure 31: North America Market Volume (MT) Analysis by Machine Type, 2018 to 2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Machine Type, 2023 to 2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Machine Type, 2023 to 2033

Figure 34: North America Market Attractiveness by By Product Type, 2023 to 2033

Figure 35: North America Market Attractiveness by Machine Type, 2023 to 2033

Figure 36: North America Market Attractiveness by Country, 2023 to 2033

Figure 37: Latin America Market Value (US$ Million) by By Product Type, 2023 to 2033

Figure 38: Latin America Market Value (US$ Million) by Machine Type, 2023 to 2033

Figure 39: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 40: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 41: Latin America Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 44: Latin America Market Value (US$ Million) Analysis by By Product Type, 2018 to 2033

Figure 45: Latin America Market Volume (MT) Analysis by By Product Type, 2018 to 2033

Figure 46: Latin America Market Value Share (%) and BPS Analysis by By Product Type, 2023 to 2033

Figure 47: Latin America Market Y-o-Y Growth (%) Projections by By Product Type, 2023 to 2033

Figure 48: Latin America Market Value (US$ Million) Analysis by Machine Type, 2018 to 2033

Figure 49: Latin America Market Volume (MT) Analysis by Machine Type, 2018 to 2033

Figure 50: Latin America Market Value Share (%) and BPS Analysis by Machine Type, 2023 to 2033

Figure 51: Latin America Market Y-o-Y Growth (%) Projections by Machine Type, 2023 to 2033

Figure 52: Latin America Market Attractiveness by By Product Type, 2023 to 2033

Figure 53: Latin America Market Attractiveness by Machine Type, 2023 to 2033

Figure 54: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 55: Europe Market Value (US$ Million) by By Product Type, 2023 to 2033

Figure 56: Europe Market Value (US$ Million) by Machine Type, 2023 to 2033

Figure 57: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 58: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 59: Europe Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 60: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 61: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 62: Europe Market Value (US$ Million) Analysis by By Product Type, 2018 to 2033

Figure 63: Europe Market Volume (MT) Analysis by By Product Type, 2018 to 2033

Figure 64: Europe Market Value Share (%) and BPS Analysis by By Product Type, 2023 to 2033

Figure 65: Europe Market Y-o-Y Growth (%) Projections by By Product Type, 2023 to 2033

Figure 66: Europe Market Value (US$ Million) Analysis by Machine Type, 2018 to 2033

Figure 67: Europe Market Volume (MT) Analysis by Machine Type, 2018 to 2033

Figure 68: Europe Market Value Share (%) and BPS Analysis by Machine Type, 2023 to 2033

Figure 69: Europe Market Y-o-Y Growth (%) Projections by Machine Type, 2023 to 2033

Figure 70: Europe Market Attractiveness by By Product Type, 2023 to 2033

Figure 71: Europe Market Attractiveness by Machine Type, 2023 to 2033

Figure 72: Europe Market Attractiveness by Country, 2023 to 2033

Figure 73: East Asia Market Value (US$ Million) by By Product Type, 2023 to 2033

Figure 74: East Asia Market Value (US$ Million) by Machine Type, 2023 to 2033

Figure 75: East Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 76: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 77: East Asia Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 78: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 79: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 80: East Asia Market Value (US$ Million) Analysis by By Product Type, 2018 to 2033

Figure 81: East Asia Market Volume (MT) Analysis by By Product Type, 2018 to 2033

Figure 82: East Asia Market Value Share (%) and BPS Analysis by By Product Type, 2023 to 2033

Figure 83: East Asia Market Y-o-Y Growth (%) Projections by By Product Type, 2023 to 2033

Figure 84: East Asia Market Value (US$ Million) Analysis by Machine Type, 2018 to 2033

Figure 85: East Asia Market Volume (MT) Analysis by Machine Type, 2018 to 2033

Figure 86: East Asia Market Value Share (%) and BPS Analysis by Machine Type, 2023 to 2033

Figure 87: East Asia Market Y-o-Y Growth (%) Projections by Machine Type, 2023 to 2033

Figure 88: East Asia Market Attractiveness by By Product Type, 2023 to 2033

Figure 89: East Asia Market Attractiveness by Machine Type, 2023 to 2033

Figure 90: East Asia Market Attractiveness by Country, 2023 to 2033

Figure 91: South Asia Market Value (US$ Million) by By Product Type, 2023 to 2033

Figure 92: South Asia Market Value (US$ Million) by Machine Type, 2023 to 2033

Figure 93: South Asia Market Value (US$ Million) by Country, 2023 to 2033

Figure 94: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 95: South Asia Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 96: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 97: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 98: South Asia Market Value (US$ Million) Analysis by By Product Type, 2018 to 2033

Figure 99: South Asia Market Volume (MT) Analysis by By Product Type, 2018 to 2033

Figure 100: South Asia Market Value Share (%) and BPS Analysis by By Product Type, 2023 to 2033

Figure 101: South Asia Market Y-o-Y Growth (%) Projections by By Product Type, 2023 to 2033

Figure 102: South Asia Market Value (US$ Million) Analysis by Machine Type, 2018 to 2033

Figure 103: South Asia Market Volume (MT) Analysis by Machine Type, 2018 to 2033

Figure 104: South Asia Market Value Share (%) and BPS Analysis by Machine Type, 2023 to 2033

Figure 105: South Asia Market Y-o-Y Growth (%) Projections by Machine Type, 2023 to 2033

Figure 106: South Asia Market Attractiveness by By Product Type, 2023 to 2033

Figure 107: South Asia Market Attractiveness by Machine Type, 2023 to 2033

Figure 108: South Asia Market Attractiveness by Country, 2023 to 2033

Figure 109: Oceania Market Value (US$ Million) by By Product Type, 2023 to 2033

Figure 110: Oceania Market Value (US$ Million) by Machine Type, 2023 to 2033

Figure 111: Oceania Market Value (US$ Million) by Country, 2023 to 2033

Figure 112: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 113: Oceania Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 114: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 115: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 116: Oceania Market Value (US$ Million) Analysis by By Product Type, 2018 to 2033

Figure 117: Oceania Market Volume (MT) Analysis by By Product Type, 2018 to 2033

Figure 118: Oceania Market Value Share (%) and BPS Analysis by By Product Type, 2023 to 2033

Figure 119: Oceania Market Y-o-Y Growth (%) Projections by By Product Type, 2023 to 2033

Figure 120: Oceania Market Value (US$ Million) Analysis by Machine Type, 2018 to 2033

Figure 121: Oceania Market Volume (MT) Analysis by Machine Type, 2018 to 2033

Figure 122: Oceania Market Value Share (%) and BPS Analysis by Machine Type, 2023 to 2033

Figure 123: Oceania Market Y-o-Y Growth (%) Projections by Machine Type, 2023 to 2033

Figure 124: Oceania Market Attractiveness by By Product Type, 2023 to 2033

Figure 125: Oceania Market Attractiveness by Machine Type, 2023 to 2033

Figure 126: Oceania Market Attractiveness by Country, 2023 to 2033

Figure 127: MEA Market Value (US$ Million) by By Product Type, 2023 to 2033

Figure 128: MEA Market Value (US$ Million) by Machine Type, 2023 to 2033

Figure 129: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 130: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 131: MEA Market Volume (MT) Analysis by Country, 2018 to 2033

Figure 132: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 133: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 134: MEA Market Value (US$ Million) Analysis by By Product Type, 2018 to 2033

Figure 135: MEA Market Volume (MT) Analysis by By Product Type, 2018 to 2033

Figure 136: MEA Market Value Share (%) and BPS Analysis by By Product Type, 2023 to 2033

Figure 137: MEA Market Y-o-Y Growth (%) Projections by By Product Type, 2023 to 2033

Figure 138: MEA Market Value (US$ Million) Analysis by Machine Type, 2018 to 2033

Figure 139: MEA Market Volume (MT) Analysis by Machine Type, 2018 to 2033

Figure 140: MEA Market Value Share (%) and BPS Analysis by Machine Type, 2023 to 2033

Figure 141: MEA Market Y-o-Y Growth (%) Projections by Machine Type, 2023 to 2033

Figure 142: MEA Market Attractiveness by By Product Type, 2023 to 2033

Figure 143: MEA Market Attractiveness by Machine Type, 2023 to 2033

Figure 144: MEA Market Attractiveness by Country, 2023 to 2033

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