Global Confectionery Processing Equipment Marketis expected to reach USD 4,423.98 million, growing at a substantial CAGR in the forecast period of 2019 to 2026. The years considered for study are as mentioned below.
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The confectionery processing equipment market is a highly concentrated market which includes key players and local players. The market has witnessed increased various strategic developments owing to favourable market scenario. The market has a prominent growth in upcoming years due to rising demand of sugar free and organic confectionery products, technological advancements and increasing research and development activities in the food industry.
The market has witness developments in terms of merger and acquisitions, partnerships or product launches to enhance the product portfolio to meet the rising demand of innovative technology. For instance, in August 2018, Key Technology, Inc. and Heat and Control Pty Ltd. formed a strategic partnership in New Zealand, India and Australia. This partnership helped in leveraging the Heat and Control's service and sales organization for selling and supporting all of the Key's equipment in the defined areas, including offering application testing, spare parts and field service. This strategy helped the company to strengthen their position in respective regions and enhance the customer base.
Buhler AG dominated the confectionery processing equipment market. The other key players existing in the market includes are ALFA LAVAL and Robert Bosch GmbH, JBT, GEA Group Aktiengesellschaft, Candy Worx, Tanis Confectionery, Caotech Grinding Technology, SELMI GROUP, Royal Duyvis Wiener B.V., Baker Perkins, Loynds, Latini - Hohberger Dhimantec, Hacos NV, Heat and Control, Inc., SOLLICH KG, Aasted ApS, BCH LTD and others.
Buhler AG:
Novartis AG headquartered in Uzwil, Switzerland was founded in 1860. The company is engaged in providing technology solutions to high value segments of the food processing and air transportation industries. The company has two operating divisions namely, Grains & food and advanced materials. The company offers different industry solutions such as commodity food, universal motor, grinding & dispersing, die casting, processed food, renewable energy, feed, insect technology and leybold optics – thin film coating.
- In January 2018, Buhler AG acquired The Haas Group. The Haas Group company product portfolio is added to the Buhler AG such as wafer, cookies and confectionary production systems. This helped the company to expand its business in Asia.
It has its global networks through direct sales representatives and distributors in the North America, Europe, South America, Asia, Europe and Middle East & Africa. The company has various subsidiaries such as Haas Food Equipment GmbH (Austria), Bühler Deutschland Holding GmbH (Denmark), Buhler US Holding Inc. (U.S.), Haas Colombia S.A.S. (Colombia), Buhler (Thailand) Limited (Thailand) and others.
ALFA LAVAL:
ALFA LAVAL headquartered in Lund, Sweden was founded in 1883. The company is engaged in the key technology areas of heat transfer, separation and fluid handling. The company operates through different business segments which include marine, food & water, energy, greenhouse, and operations & other. The food & water division targets the customers in different industries such as pharmaceuticals, food, vegetable oils, biotech, breweries, personal care and dairy products. Moreover, it focuses on industrial and public water treatment and also on the wastewater and waste treatment. The energy division targets the customers in oil and gas processing, oil and gas extraction and its transport, petrochemicals, power generation and refineries. It also works with the construction related applications like heating, cooling and ventilation and also has an offering to customers in the metal and mining industries and the lighter industries. The marine division’s customers include ship yards, shipowners, and manufacturers of gas & diesel engines and companies which specialize in the offshore extraction of gas and oil. The company focuses on different industries such as biotech and pharmaceuticals, energy, chemicals, food, dairy and beverage, home and personal care, hvac, machinery and manufacturing, marine and transportation, mining, minerals and pigment, pulp and paper, refrigeration, semiconductor and electronics, steel, water and waste treatment.
It has its global networks through direct sales representatives and distributors in Africa, Asia, Central America, Europe, North America, South America and Oceania. It operates through its subsidiaries such as Alfa Laval Malaysia Sdn Bhd (Malaysia), Alfa Laval Italy Srl (Italy), Alfa Laval Olmi SpA (Italy), Alfa Laval Aalborg Ltd (China), Alfa Laval Europe AB (Sweden) and others.
Robert Bosch GmbH:
Robert Bosch GmbH is headquartered in Gerlingen, Germany founded in 1886. The company is a global supplier of services and technologies. The company operates through four business segments which include Mobility Solutions, Consumer Goods, Industrial Technology and Energy and Building Technology. Bosch offers various innovative solutions for connected mobility, smart cities, smart homes and connected manufacturing. The company uses its expertise in the sensor technology, services, software and also its IoT cloud, for offering its customers connected and cross domain solution from a single source.
The company has wide geographic presence in North America, South America, Europe, Asia Pacific, Middle East & Africa. It operates through its subsidiaries such as Bosch Healthcare Solutions GmbH (Germany), Bosch Software Innovations GmbH (Germany), Robert Bosch Venture Capital GmbH (Germany), BSH Hausgeräte GmbH (Germany), Robert Bosch Smart Home GmbH (Germany) and others.
