Global Confectionery Processing Equipment Market By End Products (Hard Candies, Chocolates, Soft Confectionery, Chewing Gums, Gummies & Jellies, Others), Product Type (Weighing and Dissolving Equipment, Mixers, Blenders, Cutters, Thermal Equipment, Tempering Equipment, Forming and Depositing Equipment, Cooling Equipment, Extrusion Equipment, Coating Equipment, Rolling Equipment, Others), Mode of Operation (Semi-Automatic, Automatic), Application (Weighing & Dosing, Mixing & Refining, Conching, Tempering, Enrobing, Moulding, Cooling, Decorating, Others), Geography (Europe, North America, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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Market Drivers:
- Growth of the global retail industry
- Product availability and new trends in the confectionery industry
- Increase in demand for sugar-free and organic confectionery products
Key Market Competitors: Global Confectionery Processing Equipment Market
The key players operating in the global confectionery processing equipment market are –
- Bosch
- Bühler AG
- GEA Group
- Alfa Laval
- JBT Corporation
- JBT Corporation,
- Aasted,
- BCH Ltd.,
- Tanis Confectionery,
- Baker Perkins,
- Sollich,
- Heat and Control Inc.,
- Rieckermann GmbH
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Confectionery processing equipment is used to produce the confectionery products like chewing gums, hard candies, soft confectionery and gummies & jellies. Confectionery in a wider sense indicates the preservation of the sweet meat preparations in the form of caramels, chocolate, processed cocoa products, candies and traditional Indian confections. Different types of equipment are required in the production process of confectioneries for different processes. As per an article published in 2017 in the Brandon Gaille, about 50% of the chocolate retail sales across the world take place in the European continent. Many of the developing countries are expecting to see the sales increasing up to 25% in the future. The consumption of chocolate across the world every year is projected to be about 7.2 million metric tons.
Global confectionery processing equipment market is projected to register a healthy CAGR of 7.1% in the forecast period of 2019 to 2026.
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.
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