The portable milling machine market is poised to expand at a CAGR of 4.7% throughout the forecast period (2023 to 2033). Demand in the market is likely to increase from USD 1,178.2 Million in 2023 to USD 1,865.0 Million by 2033. At the end of 2022, the market reached a value of USD 1,125.3 Million, and in 2023, it is anticipated to rise by 4.2% year-on-year (Y-o-Y).
A portable milling machine is a great addition to any restaurant and hotel. This type of machine is perfect for small to medium sized operators and easy to carry. Portability of this machine makes it ideal for those who have limited space in their working areas.
Portable coffee milling machine and portable flour milling machine are two of the most used portable milling machines in the market. Increasing demand for these machines for performing several tasks such as turning, filet making, slot cutting, facing, and chamfering is anticipated to drive the global market in the next ten years.
Consequently, surging out-of-home consumption at restaurants and cafes, as well as rapid expansion of the foodservice industry worldwide would bode well for the global market. High demand for ready-to-eat and packaged food items on the back of rising per capita income and changing lifestyles is another crucial factor that would spur portable milling machines demand.
Various international fast food outlets are also expected to enter developing countries like India, China, and Brazil in the forecast period, thereby propelling the need for portable milling machines. In January 2022, for instance, Jubilant FoodWorks Limited (JFL), an India-based food service company, introduced Popeyes, a renowned United States-based fried chicken brand in the country.
Similarly, in September 2022, Figaro’s Pizza, an American multinational quick service restaurant chain, expanded its geographic presence by launching outlets in India by joining hands with Delphinus Foods Pvt Ltd. New menus based on the Indian taste palate are projected to be introduced soon. Such expansion plans by key companies are anticipated to help the global portable milling machine sector to flourish.
| Attributes | Key Insights |
|---|---|
| Global Portable Milling Machine Market Estimated Size (2023E) | USD 1,178.2 Million |
| Projected Market Valuation (2033F) | USD 1,865.0 Million |
| Value-based CAGR (2023 to 2033) | 4.7% |
| Share of the United States in Portable Milling Machine Industry | 34.2% |
During the historical period (2018 to 2022), the global market for portable milling machines exhibited a moderate CAGR of 4.2%. The market expanded from USD 954.6 Million in 2018 to USD 1,125.3 Million in 2022, says a new report by Future Market Insights.
The global market for portable milling machines is expected to witness significant growth in the next ten years. Key drivers of this market are increasing demand for portable milling machines from the HoReCa industry and growing demand for refurbished milling machines in underdeveloped nations.
Growing trend for using refurbished machinery is also acting as a driver for growth in this market. Refurbished portable milling machines are available at a fraction of cost of new machines and offer similar performance rates.
Numerous factors have been identified to stir the soup in the market for portable milling machines. Apart from the burgeoning aspects triumphing in the industry, lead analysts at Future Market Insights have scrutinized the future challenges, restraints, growth opportunities, and driving factors that can influence the portable milling machine market.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
HoReCa Sector in the United States to Look for Unique Portable CNC Milling Machines
Growth in the portable milling machine industry is expected to continue to expand in the United States at a healthy rate in the next ten years. This growth will be mainly driven by the continuous expansion of the hotel/restaurant/catering (HoReCa) industry, as well as increasing popularity of these machines for residential use. The portable milling machine market is set to receive nearly 34.2% of its total income from the United States
Increasing Demand for Ready-to-eat Food Items to Spur Sales of Portable Magnetic Milling Machines in the United Kingdom
The portable milling machine market in the United Kingdom is developing rapidly. With increasing demand for ready-to-eat food items, milling machines are becoming an essential part of the HoReCa industry across the nation. Portable milling machines offer a versatile solution for a wide variety of applications, and can be used in both horizontal and vertical orientations. The United Kingdom is projected to exhibit a CAGR of 6.4% over the assessment period, while Germany is anticipated to generate a share of around 22.8% across Europe.
Growing Presence of Fast Food Chains in China, India, and Japan to Fuel Demand for Portable Magnetic Milling Machines
The market for portable milling machines is expanding rapidly in Asia Pacific. Significant drivers of this growth are expansion of the HoReCa industry and high demand for mass production of numerous goods such as fast food.
Portable milling machines offer high precision and accuracy, and are easy to operate. Asia Pacific region is expected to witness the impressive growth rate due to the presence of numerous HoReCa chains in countries such as China, India, and Japan.
India and China are the market leaders in Asia Pacific, and their most recent CAGRs in the portable milling machine industry are 6.4% and 6.4%, respectively. Japan, on the other hand, is set to contribute to around 3.8% of the market's overall share.
Restaurants, Hotels, and Cafes to Extensively Utilize Portable Steel Milling Machines
The food and beverage industry is one of the most competitive industries in the world. In order to stay ahead of the competition, leading companies are always looking for new and innovative ways to increase efficiency and productivity. One of the latest trends in this industry is the use of portable milling machines.
Portable milling machines are compact and lightweight, making them ideal for use in restaurants, hotels, and cafes. They can be used to quickly and easily mill ingredients, thereby saving time and money. Additionally, they can be used to create customized products, providing key companies with a competitive edge.
The global portable milling machine industry is highly fragmented in nature with the presence of several small and medium-sized manufacturers. Competitive landscape of the market is expected to intensify in the next ten years with the entry of various new players.
Leading players in the market are focusing on expanding their product portfolios and geographical reach to gain a competitive edge. For instance, Ingersoll Rand plc, a renowned company in the market, acquired Schlemmer GmbH, a Germany-based firm that manufactures products for the automotive industry. This acquisition will help Ingersoll Rand plc. to expand its product portfolio and strengthen its foothold in Europe.
Several other key players operating in the global market for portable milling machines are Krones AG, GEA Group AG, Alfa Laval AB, and Tetra Pak International S.A. among others.
For instance,
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 1,178.2 Million |
| Projected Market Valuation (2033) | USD 1,865.0 Million |
| Value-based CAGR (2023 to 2033) | 4.7% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Value (USD Million) |
| Key Regions Covered | North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
| Key Countries Covered | United States, Canada, Mexico, Germany, United Kingdom, France, Russia, Brazil, Argentina, Japan, Australia, China, India, Indonesia, South Korea |
| Key Segments Covered | Type, Application, Region |
| Key Companies Profiled | Ingersoll Rand plc.; Krones AG; GEA Group AG; Alfa Laval AB; Tetra Pak International S.A.; Romaco Group; Nichrome Packaging Solutions; Nalbach Engineering Company; Allfill Inc.; PAXIOM |
| Report Coverage | Strategic Growth Initiatives, DROT Analysis, Market Forecast, Company Share Analysis, Market Dynamics and Challenges, and Competitive Landscape |
Table 1: Global Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Volume (MT) Forecast by Region, 2018 to 2033
Table 3: Global Value (US$ Million) Forecast by Type, 2018 to 2033
Table 4: Global Volume (MT) Forecast by Type, 2018 to 2033
Table 5: Global Value (US$ Million) Forecast by Application, 2018 to 2033
Table 6: Global Volume (MT) Forecast by Application, 2018 to 2033
Table 7: North America Value (US$ Million) Forecast by Country, 2018 to 2033
Table 8: North America Volume (MT) Forecast by Country, 2018 to 2033
Table 9: North America Value (US$ Million) Forecast by Type, 2018 to 2033
Table 10: North America Volume (MT) Forecast by Type, 2018 to 2033
Table 11: North America Value (US$ Million) Forecast by Application, 2018 to 2033
Table 12: North America Volume (MT) Forecast by Application, 2018 to 2033
Table 13: Latin America Value (US$ Million) Forecast by Country, 2018 to 2033
Table 14: Latin America Volume (MT) Forecast by Country, 2018 to 2033
Table 15: Latin America Value (US$ Million) Forecast by Type, 2018 to 2033
Table 16: Latin America Volume (MT) Forecast by Type, 2018 to 2033
Table 17: Latin America Value (US$ Million) Forecast by Application, 2018 to 2033
Table 18: Latin America Volume (MT) Forecast by Application, 2018 to 2033
Table 19: Europe Value (US$ Million) Forecast by Country, 2018 to 2033
Table 20: Europe Volume (MT) Forecast by Country, 2018 to 2033
Table 21: Europe Value (US$ Million) Forecast by Type, 2018 to 2033
Table 22: Europe Volume (MT) Forecast by Type, 2018 to 2033
Table 23: Europe Value (US$ Million) Forecast by Application, 2018 to 2033
Table 24: Europe Volume (MT) Forecast by Application, 2018 to 2033
Table 25: East Asia Value (US$ Million) Forecast by Country, 2018 to 2033
Table 26: East Asia Volume (MT) Forecast by Country, 2018 to 2033
Table 27: East Asia Value (US$ Million) Forecast by Type, 2018 to 2033
Table 28: East Asia Volume (MT) Forecast by Type, 2018 to 2033
Table 29: East Asia Value (US$ Million) Forecast by Application, 2018 to 2033
Table 30: East Asia Volume (MT) Forecast by Application, 2018 to 2033
Table 31: South Asia Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: South Asia Volume (MT) Forecast by Country, 2018 to 2033
Table 33: South Asia Value (US$ Million) Forecast by Type, 2018 to 2033
Table 34: South Asia Volume (MT) Forecast by Type, 2018 to 2033
Table 35: South Asia Value (US$ Million) Forecast by Application, 2018 to 2033
Table 36: South Asia Volume (MT) Forecast by Application, 2018 to 2033
Table 37: Oceania Value (US$ Million) Forecast by Country, 2018 to 2033
Table 38: Oceania Volume (MT) Forecast by Country, 2018 to 2033
Table 39: Oceania Value (US$ Million) Forecast by Type, 2018 to 2033
Table 40: Oceania Volume (MT) Forecast by Type, 2018 to 2033
Table 41: Oceania Value (US$ Million) Forecast by Application, 2018 to 2033
Table 42: Oceania Volume (MT) Forecast by Application, 2018 to 2033
Table 43: Middle East & Africa Value (US$ Million) Forecast by Country, 2018 to 2033
Table 44: Middle East & Africa Volume (MT) Forecast by Country, 2018 to 2033
Table 45: Middle East & Africa Value (US$ Million) Forecast by Type, 2018 to 2033
Table 46: Middle East & Africa Volume (MT) Forecast by Type, 2018 to 2033
Table 47: Middle East & Africa Value (US$ Million) Forecast by Application, 2018 to 2033
Table 48: Middle East & Africa Volume (MT) Forecast by Application, 2018 to 2033
Figure 1: Global Value (US$ Million) by Type, 2023 to 2033
Figure 2: Global Value (US$ Million) by Application, 2023 to 2033
Figure 3: Global Value (US$ Million) by Region, 2023 to 2033
Figure 4: Global Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 5: Global Volume (MT) Analysis by Region, 2018 to 2033
Figure 6: Global Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 7: Global Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 8: Global Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 9: Global Volume (MT) Analysis by Type, 2018 to 2033
Figure 10: Global Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 11: Global Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 12: Global Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 13: Global Volume (MT) Analysis by Application, 2018 to 2033
Figure 14: Global Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 15: Global Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 16: Global Attractiveness by Type, 2023 to 2033
Figure 17: Global Attractiveness by Application, 2023 to 2033
Figure 18: Global Attractiveness by Region, 2023 to 2033
Figure 19: North America Value (US$ Million) by Type, 2023 to 2033
Figure 20: North America Value (US$ Million) by Application, 2023 to 2033
Figure 21: North America Value (US$ Million) by Country, 2023 to 2033
Figure 22: North America Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 23: North America Volume (MT) Analysis by Country, 2018 to 2033
Figure 24: North America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 25: North America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 26: North America Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 27: North America Volume (MT) Analysis by Type, 2018 to 2033
Figure 28: North America Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 29: North America Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 30: North America Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 31: North America Volume (MT) Analysis by Application, 2018 to 2033
Figure 32: North America Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 33: North America Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 34: North America Attractiveness by Type, 2023 to 2033
Figure 35: North America Attractiveness by Application, 2023 to 2033
Figure 36: North America Attractiveness by Country, 2023 to 2033
Figure 37: Latin America Value (US$ Million) by Type, 2023 to 2033
Figure 38: Latin America Value (US$ Million) by Application, 2023 to 2033
Figure 39: Latin America Value (US$ Million) by Country, 2023 to 2033
Figure 40: Latin America Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 41: Latin America Volume (MT) Analysis by Country, 2018 to 2033
Figure 42: Latin America Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 43: Latin America Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 44: Latin America Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 45: Latin America Volume (MT) Analysis by Type, 2018 to 2033
Figure 46: Latin America Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 47: Latin America Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 48: Latin America Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 49: Latin America Volume (MT) Analysis by Application, 2018 to 2033
Figure 50: Latin America Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 51: Latin America Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 52: Latin America Attractiveness by Type, 2023 to 2033
Figure 53: Latin America Attractiveness by Application, 2023 to 2033
Figure 54: Latin America Attractiveness by Country, 2023 to 2033
Figure 55: Europe Value (US$ Million) by Type, 2023 to 2033
Figure 56: Europe Value (US$ Million) by Application, 2023 to 2033
Figure 57: Europe Value (US$ Million) by Country, 2023 to 2033
Figure 58: Europe Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 59: Europe Volume (MT) Analysis by Country, 2018 to 2033
Figure 60: Europe Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 61: Europe Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 62: Europe Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 63: Europe Volume (MT) Analysis by Type, 2018 to 2033
Figure 64: Europe Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 65: Europe Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 66: Europe Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 67: Europe Volume (MT) Analysis by Application, 2018 to 2033
Figure 68: Europe Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 69: Europe Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 70: Europe Attractiveness by Type, 2023 to 2033
Figure 71: Europe Attractiveness by Application, 2023 to 2033
Figure 72: Europe Attractiveness by Country, 2023 to 2033
Figure 73: East Asia Value (US$ Million) by Type, 2023 to 2033
Figure 74: East Asia Value (US$ Million) by Application, 2023 to 2033
Figure 75: East Asia Value (US$ Million) by Country, 2023 to 2033
Figure 76: East Asia Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 77: East Asia Volume (MT) Analysis by Country, 2018 to 2033
Figure 78: East Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 79: East Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 80: East Asia Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 81: East Asia Volume (MT) Analysis by Type, 2018 to 2033
Figure 82: East Asia Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 83: East Asia Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 84: East Asia Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 85: East Asia Volume (MT) Analysis by Application, 2018 to 2033
Figure 86: East Asia Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 87: East Asia Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 88: East Asia Attractiveness by Type, 2023 to 2033
Figure 89: East Asia Attractiveness by Application, 2023 to 2033
Figure 90: East Asia Attractiveness by Country, 2023 to 2033
Figure 91: South Asia Value (US$ Million) by Type, 2023 to 2033
Figure 92: South Asia Value (US$ Million) by Application, 2023 to 2033
Figure 93: South Asia Value (US$ Million) by Country, 2023 to 2033
Figure 94: South Asia Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 95: South Asia Volume (MT) Analysis by Country, 2018 to 2033
Figure 96: South Asia Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 97: South Asia Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 98: South Asia Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 99: South Asia Volume (MT) Analysis by Type, 2018 to 2033
Figure 100: South Asia Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 101: South Asia Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 102: South Asia Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 103: South Asia Volume (MT) Analysis by Application, 2018 to 2033
Figure 104: South Asia Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 105: South Asia Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 106: South Asia Attractiveness by Type, 2023 to 2033
Figure 107: South Asia Attractiveness by Application, 2023 to 2033
Figure 108: South Asia Attractiveness by Country, 2023 to 2033
Figure 109: Oceania Value (US$ Million) by Type, 2023 to 2033
Figure 110: Oceania Value (US$ Million) by Application, 2023 to 2033
Figure 111: Oceania Value (US$ Million) by Country, 2023 to 2033
Figure 112: Oceania Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 113: Oceania Volume (MT) Analysis by Country, 2018 to 2033
Figure 114: Oceania Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 115: Oceania Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 116: Oceania Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 117: Oceania Volume (MT) Analysis by Type, 2018 to 2033
Figure 118: Oceania Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 119: Oceania Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 120: Oceania Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 121: Oceania Volume (MT) Analysis by Application, 2018 to 2033
Figure 122: Oceania Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 123: Oceania Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 124: Oceania Attractiveness by Type, 2023 to 2033
Figure 125: Oceania Attractiveness by Application, 2023 to 2033
Figure 126: Oceania Attractiveness by Country, 2023 to 2033
Figure 127: Middle East & Africa Value (US$ Million) by Type, 2023 to 2033
Figure 128: Middle East & Africa Value (US$ Million) by Application, 2023 to 2033
Figure 129: Middle East & Africa Value (US$ Million) by Country, 2023 to 2033
Figure 130: Middle East & Africa Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 131: Middle East & Africa Volume (MT) Analysis by Country, 2018 to 2033
Figure 132: Middle East & Africa Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 133: Middle East & Africa Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 134: Middle East & Africa Value (US$ Million) Analysis by Type, 2018 to 2033
Figure 135: Middle East & Africa Volume (MT) Analysis by Type, 2018 to 2033
Figure 136: Middle East & Africa Value Share (%) and BPS Analysis by Type, 2023 to 2033
Figure 137: Middle East & Africa Y-o-Y Growth (%) Projections by Type, 2023 to 2033
Figure 138: Middle East & Africa Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 139: Middle East & Africa Volume (MT) Analysis by Application, 2018 to 2033
Figure 140: Middle East & Africa Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 141: Middle East & Africa Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 142: Middle East & Africa Attractiveness by Type, 2023 to 2033
Figure 143: Middle East & Africa Attractiveness by Application, 2023 to 2033
Figure 144: Middle East & Africa Attractiveness by Country, 2023 to 2033
The global portable milling machine industry is likely to reach a valuation of USD 1,178.2 Million by the end of 2023.
The United States portable milling machine industry is set to capture nearly 34.2% of share and would be valued at around USD 403.0 Million in the forecast period.
The United States, Canada, Mexico, Argentina, Brazil, Germany, United Kingdom, France, Italy, Russia, Spain China, Japan, India, Indonesia, South Korea, and Australia are the key countries driving demand for portable milling machines.
The Germany portable milling machine industry is set to hold a share of around 22.8% and would be valued at USD 268.6 Million in the assessment period.
Ingersoll Rand plc., Krones AG, GEA Group AG, Alfa Laval AB, and Tetra Pak International S.A. are the top 5 companies operating in the market for portable milling machines.
The Japan portable milling machine industry is expected to generate a share of around 3.8% in the next ten years.
India portable milling machine industry is estimated to surge at 6.4% CAGR between 2023 and 2033.
The global portable milling machine industry is likely to surpass USD 1,865.0 Million by the end of 2033.
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