Market Size of Confectionery Processing Equipment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 6.20 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Confectionery Processing Equipment Market Analysis
The global confectionery processing equipment market is expected to witness a CAGR of 6.2% overthe forecast period from 2019 to 2024.
- Increasing demand for confectionaries through retail outlets and independent confectionerychains supported by a strong penetration of confectionery players across the globe is anticipated to drive the demand for equipment over the coming years.
- The demand in terms of sweet indulgence is likely to stay prevalent across all age groups, where, on the other hand, the popularity of gifting cultures will also drive the demand for confectioneries thereby escalating the growth of processing equipment altogether.
Confectionery Processing Equipment Industry Segmentation
The Global confectionery processing equipment market is segmented in terms of type, product, and geography. By type, the market is segmented based on thermal equipment, extrusion equipment, mixer, blender and cutters, cooling equipment, coating equipment, and others. In terms of product, the market is segmented into soft confectionery, hard candies, chewing gums, gummies & jellies, and others. By geography, the market is further segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa, withan extensivestudy of countries specific to every region.
By Type | |
Thermal Equipment | |
Extrusion Equipment | |
Mixer, Blenders & Cutters | |
Cooling Equipment | |
Coating Equipment | |
Others |
By Product | |
Soft Confectionary | |
Hard Candies | |
Chewing gums | |
Gummies & Jellies | |
Others |
Geography | ||||||||
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Confectionery Processing Equipment Market Size Summary
The confectionery processing equipment market is poised for significant growth, driven by the increasing demand for confectionery products through retail outlets and independent chains worldwide. This demand is fueled by the widespread appeal of sweet indulgences across all age groups and the growing popularity of gifting cultures. Despite regulatory challenges such as sugar reduction programs in certain regions, manufacturers are adapting by incorporating natural sweetening agents, which has helped maintain market momentum. The European region, in particular, has seen substantial progress in its food processing equipment sector, with a strong demand for imports and exports, especially from developing countries. However, the European market faces challenges due to the emergence of international brands and limited liberalization of agricultural markets, which has impacted industry competitiveness.
Globally, the confectionery processing equipment market is characterized by fragmentation and intense competition, with major players in North America and Europe vying for market share alongside smaller regional players in Asia-Pacific, South America, and Eastern Europe. Companies are focusing on providing customized solutions to confectionery manufacturers to maintain a competitive edge. Key strategies in the market include expansions, innovations, and new product launches, with prominent players such as Robert Bosch GmbH, Bühler Holding AG, and Alfa Laval AB leading the charge. As demand for European confectionery grows in developing countries, the market for confectionery processing equipment is expected to experience positive growth, driven by population growth and the enduring appeal of sweet treats.
Confectionery Processing Equipment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Thermal Equipment
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2.1.2 Extrusion Equipment
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2.1.3 Mixer, Blenders & Cutters
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2.1.4 Cooling Equipment
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2.1.5 Coating Equipment
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2.1.6 Others
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2.2 By Product
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2.2.1 Soft Confectionary
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2.2.2 Hard Candies
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2.2.3 Chewing gums
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2.2.4 Gummies & Jellies
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2.2.5 Others
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2.3 Geography
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.1.3 Mexico
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2.3.1.4 Rest of North America
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2.3.2 Europe
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2.3.2.1 Spain
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2.3.2.2 United Kingdom
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2.3.2.3 Germany
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2.3.2.4 France
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2.3.2.5 Italy
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2.3.2.6 Rest of Europe
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2.3.3 Asia Pacific
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 Rest of Asia-Pacific
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle East and Africa
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2.3.5.1 South Africa
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2.3.5.2 Rest of Middle East and Africa
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Confectionery Processing Equipment Market Size FAQs
What is the current Confectionery Processing Equipment Market size?
The Confectionery Processing Equipment Market is projected to register a CAGR of 6.20% during the forecast period (2024-2029)
Who are the key players in Confectionery Processing Equipment Market?
Robert Bosch GmbH, Bühler Holding AG, Alfa Laval AB, JBT Corporation and Baker Perkins are the major companies operating in the Confectionery Processing Equipment Market.