Chocolate and Confectionery Processing Equipment Market to Be Worth $6,971.8 Million by 2023- Exclusive Report by Meticulous Research®

LONDON, July 25, 2019 (Newswire.com) - Meticulous Research^® has published a latest market research report on highly intriguing industry segment, “Chocolate and Confectionery Processing Equipment” in past week. The report states that global Chocolate and Confectionery Processing Equipment market will increase at a CAGR of 8.0% from 2018 to reach $6,971.8 million by 2023, driven by increasing consumer demand for confectionery items, growth in retail industry, technological advancements, and growing focus on safety of confectionery products and safety of workers.

The report provides meticulous analysis of this market by segmenting it on the basis of type (depositors, formers, coating and spraying systems, mixer, cooler, and others), application (soft confectionery, hard candies, chewing gums, gummies & jellies, and others), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).

Please download the report and learn more: https://www.meticulousresearch.com/download-sample-report/cp_id=4826

Geographically, Asia Pacific commanded the largest share in this market followed by Europe. The major share of Asia Pacific is mainly attributed to increasing demand of functional and premium chocolate and confectionery products in emerging and developing countries including India, China, Indonesia, and Thailand; higher population base; rising industrialization; growing government investments in food processing sector; and increasing expenditure on convenience and ready-to-eat products.

“The European chocolate and confectionery industry is mainly driven by innovation in products and packaging, impulse purchasing, rising consumer interest in premium and seasonal chocolates, and preferential trade agreement!” said Uddhav Sable, Research Director at Meticulous Research^®

Among applications, soft confectionary segment commanded the largest share in this market majorly due to it being one of the most consumed confectionery products by almost all age groups in all regions as well as it is a key ingredient in many food products. Also, increase in awareness regarding the health benefits of chocolate and inclination of consumers toward functional dark and sugar-free chocolates supports its dominance.

The key players analyzed in the global 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. (The Netherlands), Sollich KG (Germany), Apex Machinery & Equipment Co., Ltd. (China), Royal Duyvis Wiener B.V. (The Netherlands), Tecno 3 S.R.L. (Italy), and BCH Limited (U.K.).

The report is available for purchase in electronic format with multiple license choices and sectional purchases, starting from $499 only.

Request Sample or Check for Discount @ https://www.meticulousresearch.com/request-discount/cp_id=4826

Scope of the Report:

Market by Types

• Depositors
• Formers
• Coating and Spraying Systems
• Mixer
• Cooler
• Others 

Market by Application

• Soft Confectionery
• Hard Candies
• Chewing Gums
• Gummies and Jellies
• Others

Market by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • Italy
  • U.K.
  • Spain
  • The Netherlands
  • RoE
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Australia
  • RoAPAC
• Rest of World
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • RoLATAM
  • Middle East and Africa

Please download the report and learn more: https://www.meticulousresearch.com/download-sample-report/cp_id=4826

Source: Meticulous Market Research Pvt. Ltd.