Global Chocolate and Confectionery Processing Equipment Market, Chocolate and Confectionery Processing Equipment Market By Type (Depositors, Formers, Coating and Spraying Systems, Mixer, and Cooler), By Application (Soft Confectionery, Hard Candies, Chewing Gums, and Gummies and Jellies) – Industry Trends and Forecast to 2029.
Chocolate and Confectionery Processing Equipment Market Analysis and Size
Global consumption of processed chocolate and confectioneries has increased dramatically in recent decades. A major contributor to this increase is the world's growing population. As a result, urban consumers have access to a much broader range of chocolate and confectionery options as well as better chocolate and confectionery availability than rural consumers. This urbanisation trend significantly contributes to higher living standards and rising incomes, which has a greater impact on the affordability of processed chocolate and confectionery products.
Data Bridge Market Research analyses that the chocolate and confectionery processing equipment market which was growing at a value of 3.4 billion in 2021 and is expected to reach the value of USD 7.08 billion by 2029, at a CAGR of 9.6% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Market Definition
Chocolate and confectionery processing equipment is a collection of machines and equipment used to manufacture chocolate products. Formers, coater/spray systems, mixers, coolers, and so on are procedures used in these. The primary function of this equipment is to efficiently process or prepare the ingredients into something edible while maintaining hygiene levels for their safety and quality.
Chocolate and Confectionery Processing Equipment Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Depositors, Formers, Coating and Spraying Systems, Mixer, and Cooler), By Application (Soft Confectionery, Hard Candies, Chewing Gums, and Gummies and Jellies)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Buhler AG (Switzerland), GEA Group Aktiengesellschaft (Germany), John Bean Technologies Corporation (U.S.), Heat and Control Inc. (U.S.), Alfa Laval AB (Sweden), Robert Bosch Packaging Technology GmbH (Germany), Aasted APS (Denmark), Baker Perkins Limited (U.K.), Tomric Systems, Inc (U.S.), Caotech B.V. (Netherlands), Sollich KG (Germany), Apex Machinery & Equipment Co., Ltd. (China), Royal Duyvis Wiener B.V. (Netherlands), Tecno 3 S.R.L. (Italy), and BCH Limited (U.K.)
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Opportunities
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Chocolate and Confectionery Processing Equipment Market Dynamics
Drivers
Rising population as well as rise in per capita income
Population growth, combined with rising per capita disposable income, is expected to increase demand for meat and poultry, as well as consumption of processed chocolate and confectioneries, boosting market growth over the forecast period.
Growing demand in various applications
The rapidly expanding retail industry is expected to drive the target market's revenue growth over the forecast years. Other factors expected to drive revenue growth in the global chocolate and confectionery processing equipment market include product availability, higher per capita income levels, increasing urbanisation, new product launches, growing demand for healthy and functional confectionery items, and new trends in the confectionery industry. Furthermore, the chocolate and confectionery industries are rapidly adopting new technologies, machinery, and methods.
Opportunity
To improve global chocolate and confectionery security, one must increase pollution control measures and reduce chocolate and confectionery losses. Standard and advanced processing equipment can easily achieve these solutions. Over the forecast period, this is expected to create opportunities for equipment manufacturers.
Restraints
The new chocolate and confectionery processing equipment is equipped with a complex and sensitive electrical system, controls, and rapid automation. As a result, old generation equipment has been replaced with modern machines, raising maintenance, technical support, and power costs. Manufacturers of industrial chocolate and confectionery processing equipment face numerous challenges in supplying high-quality machinery, and they demand high costs throughout the manufacturing process. As production costs rise, so does the final price of equipment, making it difficult for chocolate and confectionery processors, particularly small and medium-sized manufacturers to afford the equipment which results in limiting demand for chocolate and confectionery processing equipment.
This chocolate and confectionery processing equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the chocolate and confectionery processing equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Chocolate and Confectionery Processing Equipment Market
The virus has had a significant impact on the manufacturing of chocolate and confectionery processing equipment, causing production and factory operations to be halted. It all started in China, the global hub for supplying raw materials to businesses, and then spread to the entire manufacturing supply chain. Furthermore, the United Nations Conference on Trade and Development (UNCTAD) predicts that global FDI will fall by 5% to 15% as a result of a drop in manufacturing company operations as a result of factory shutdown. As a result of the COVID-19 outbreak, global investment in the manufacture of chocolate and confectionery processing equipment is expected to slow. This scenario has resulted in a decrease in demand for chocolate and confectionery processing equipment, particularly in 2020.
Recent Development
- Gea will introduce its new Xtru Twin 140 extruder in October 2021, rounding out its line of high-capacity output equipment. The Gea Xtru twin extruders allowed for the production of a wide range of products, including cereal-based snack pellets die-cut, 2D, 3D, multilayers, square shape, punched, and direct expanded; breakfast cereals; dry pet chocolate and Confectionery; and any other extruded chocolate and Confectionery product. The most recent Xtru Twin 140 had a capacity of more than 3 tonnes of pellets and 10 tonnes of pet chocolate and Confectionery kibbles per hour.
- SPX FLOW launched the New APV Pilot 4T Homogenizer equipment in June 2021, allowing customers to test a wide range of recipes in a single compact unit. This product would benefit chocolate and confectionery and beverage manufacturers. APV aided in the homogenization of an immiscible liquid into an emulsion.
Global Chocolate and Confectionery Processing Equipment Market Scope
The chocolate and confectionery processing equipment market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Depositors
- Formers
- Coating and Spraying Systems
- Mixer
- Cooler
Application
- Soft Confectionery
- Hard Candies
- Chewing Gums
- Gummies
- Jellies
Chocolate and Confectionery Processing Equipment Market Regional Analysis/Insights
The chocolate and confectionery processing equipment market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the chocolate and confectionery processing equipment market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Asia-Pacific chocolate and confectionery processing equipment market is rapidly developing and expanding. Asia Pacific, among other regional markets, is showing signs of rapid growth in the near future. The rapid growth of this market is primarily attributed to a global shift in manufacturing from North America and Europe to the Asia-Pacific region, as well as an increase in the use of equipment in the manufacture of chocolate and confectionery products; rising industrialization; and increasing government investments in the food processing sector. China is expected to dominate the Asia Pacific market through 2024, owing primarily to a larger population base, rising spending on convenience and ready-to-eat foods, cost-effective manufacturing operations, and the availability of cheap skilled labour.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Chocolate and Confectionery Processing Equipment Market Share Analysis
The chocolate and confectionery processing equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to chocolate and confectionery processing equipment market.
Some of the major players operating in the chocolate and confectionery processing equipment market are:
- Buhler AG (Switzerland)
- GEA Group Aktiengesellschaft (Germany)
- John Bean Technologies Corporation (U.S.)
- Heat and Control Inc. (U.S.)
- Alfa Laval AB (Sweden)
- Robert Bosch Packaging Technology GmbH (Germany)
- Aasted APS (Denmark)
- Baker Perkins Limited (U.K.)
- Tomric Systems, Inc (U.S.)
- Caotech B.V. (Netherlands)
- Sollich KG (Germany)
- Apex Machinery & Equipment Co., Ltd. (China)
- Royal Duyvis Wiener B.V. (Netherlands)
- Tecno 3 S.R.L. (Italy)
- BCH Limited (U.K.)
- Dover Corporation (U.S.)
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