Segmentation: Asia-Pacific Confectionery Processing Equipment MarketThe Asia-Pacific confectionery processing equipment market is segmented into four notable segments which are product type, application, mode of operation and end products.
- On the basis of end products, the market is segmented into soft confectionery, hard candies, chocolates, chewing gums, gummies & jellies and others. Chocolates are growing at the highest CAGR of 7.8% in the forecast period of 2019 to 2026.
- In February 2019, GEA Group introduced latest cutting edge technology and in-depth process expertise for meat expertise in IFFA, which provides a solution for optimum process control, benefits of automation and processing & packaging of products.
- On the basis of product type, the market is segmented into weighing and dissolving equipment, mixers, blenders, cutters, thermal equipment, tempering equipment, forming and depositing equipment, cooling equipment, extrusion equipment, coating equipment, rolling equipment and others. Extrusion equipment segment is sub-segmented into screw extrusion, cooker extrusion and mesh extrusion. Mixers, blenders and cutters segment is growing at the highest CAGR of 8.2% in the forecast period of 2019 to 2026.
- In February 2019, Loynds formed a new machine named ‘Mini Form Candy Production Line’ for the production of candies. This would help in the manufacture of small candy line that would be suitable for laboratories and small-scale production.
- On the basis of mode of operation, the market is segmented into automatic and semi-automatic. Automatic segment is growing at the highest CAGR of 7.7% in the forecast period of 2019 to 2026.
- In March 2019, Selmi Group exhibited their products at the International Trade Fair for Bakery and Confectionery which was held by Modern Bakery Moscow from 17th March to 20th March. This strategy would help in enhancing the customer base of the company.
- On the basis of application, the market is segmented into weighing & dosing, mixing & refining, conching, tempering, enrobing, moulding, cooling, decorating and others. Mixing & refining segment is growing at the highest CAGR of 8.1% in the forecast period of 2019 to 2026.
- In April 2018, Tanis Confectionery (Netherlands) announced the expansion of their product portfolio from equipment & process designer to product designer for candies in Tanis T-Gel line.
Competitive Analysis: Asia-Pacific Confectionery Processing Equipment MarketSome of the major players operating in this market are Buhler AG, ALFA LAVAL, JBT, Robert Bosch GmbH, 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. Product Launch
- In April 2019, Buhler AG introduced block chain ready solutions, which is beneficial in providing leading edge technology to increase the food safety standards and rising the production efficiency. This would help in enhancing the customer base of the company.
- In March 2019, ALFA LAVAL expanded its range of the magnetic mixers by adding the Alfa Laval LeviMag which is engineered for aseptic processing of beverages, food and dairy products. This would help in the expansion of the product portfolio of the company.
- In January 2019, Aasted ApS introduced StellaNova which is a new revolution in the chocolate tempering process. The product contains 75% less chocolate as compared to traditional tempering machines and is easy to operate. This would help in the product development and would help in enhancing more customer base for the company.
- In July 2017, JBT acquired PLF International Limited (U.K.) which is a provider of the powder filling systems for global food and beverage market. This strategy would help in the expansion of the product portfolio of the company. The acquisition of PLF added the annual revenue of around USD 25 million.
- In April 2017, Buhler AG used digital services, robotic technology and IoT technologies for significant efficiency for “Smart Chocolate Factory”. This technology advancement increases the productivity and more consistency in product quality.
- In October 2016, JBT acquired Cooling and Applied Technologies (C.A.T.), Inc. This acquisition of C.A.T. helped in adding the annual revenue of around USD 50 million and also added a highly product line which focused on the chillers, marination, injection, weighing, refrigeration and freezing systems for the poultry industry. This strategy would help in the expansion of the company.
- In September 2015, Hacos NV launched a new piston deposit named MDECO which is specially developed for decorating purpose with chocolates. This would help in the expansion of the product portfolio of the company.
- In April 2015, Hacos NV launched a new artisan quick melter. This quick melter is specially used when there is a requirement of small amounts of melted chocolates or when frequently various types of chocolate are required. This helped in enhancing the product portfolio of the company.
- In March 2014, Hacos NV launched a new MODIMM compact moulding line. This line uses the most recent servo technology for de-moulding, transport systems and depositors along with the energy recuperation systems. This helped in enhancing the product portfolio of the company.
Research Methodology: Asia-Pacific Confectionery Processing Equipment MarketPrimary Respondents: Key Opinion Leaders (KOL’s): Manufacturers, Researchers, Distributors and Food Industrialists. Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.