Confectionery Processing Equipment Market worth 6.55 Billion USD by 2023

1. MarketsandMarkets Presents Confectionery Processing Equipment Market worth 6.55 Billion USD by 2023 https://www.marketsandmarkets.com/Market-Reports/distiller-grain-market-19379654.html

2. The report "Confectionery Processing Equipment Market by Type (Thermal, Mixers, Blenders, Cutters, Extrusion, Cooling, Coating), Product (Hard Candies, Chewing Gums, Gummies & Jellies, Soft Confectionery), Mode of Operation, and Region - Global Forecast to 2023" The confectionery processing equipment market is estimated to be valued at USD 4.69 Billion in 2018 and is projected to reach USD 6.55 Billion by 2023, at a CAGR of 6.90% from 2018. Factors such as growth of the retail industry and increase in demand for confectionery items such as candies, toffees, chocolates, chewing gums, and jellies have driven the growth of the confectionery processing equipment market. Browse 61 market data Tables and 46 Figures spread through 143 Pages and in-depth TOC on "Confectionery Processing Equipment Market” - Global Forecast to 2023 https://www.marketsandmarkets.com/Market-Reports/confectionery-processing-equipment-market-26974693.html Early buyers will receive 10% customization on reports.

3. By product, soft confectionery segment to lead the confectionery processing equipment market from 2018 to 2023 The soft confectionery segment dominated the market based on product. It is one of the most consumed confectionery products by almost all age groups in all regions and is a key ingredient in many food products such as candy bars, milkshakes, cookies, and other food products. Increase in awareness regarding the health benefits of chocolate and inclination of consumers toward functional dark and sugar-free chocolates are the major factors for the growth of this market. Extrusion segment projected to grow at the highest CAGR, by food product, from 2018 to 2023 Extrusion is becoming an important process during confectionery processing as it has many advantages over conventional food processing; it has flexible equipment which can be used to manufacture different types of products with different physical properties and texture. https://www.marketsandmarkets.com/Market-Reports/confectionery-processing-equipment-market-26974693.html

4. Automatic segment projected to grow at a higher CAGR, by mode of operation, from 2018 to 2023 The implementation of automation and robotics in confectionary processing has offered quality assurance and increased productivity so far, which acts as a key driver for the growth of the automatic confectionery equipment market. With the incorporation of automatic machinery, confectionery processing can be carried out for a large number of products, and comparatively lesser employees are required to attend to the machines; as these equipment function automatically, constant monitoring of processes is eliminated. Asia Pacific is projected to be the fastest-growing region during the forecast period Rise in the middle-class population in the region and the increase in disposable incomes drive the demand for nutritious chocolate bars & candies with new & enhanced flavors, which increases the need for confectionery processing equipment. This provides an opportunity for the major players in the field of confectionery processing to expand their geographical reach in the region.   https://www.marketsandmarkets.com/Market-Reports/confectionery-processing-equipment-market-26974693.html

5. Key Players in distillers grains market: 1 Bosch 2 Bühler AG 3 GEA Group 4 Alfa Laval 5 JBT Corporation 6 Aasted7 BCH Ltd. 8 Tanis Confectionery 9 Baker Perkins 10 Sollich11 Heat and Control, Inc. 12 Rieckermann GmbH https://www.marketsandmarkets.com/Market-Reports/confectionery-processing-equipment-market-26974693.html

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