Food Processor Market Estimated to Grow at CAGR 5.2% during 2017 to 2022

Market Research Future

Market Research Future

Food Processor Market Information- by Type (Full Sized Food Processor), Technology (Batch Bowl), Application (Dairy Processing) and Region – Forecast to 2022

Major Key Players GEA Group (Germany), Anko Food Machine Co. Ltd (Taiwan), KRONES AG (Germany), Thurne (U.K.), Shanghai Shininess Industrial Co. Ltd., (China)”

— Market Research Future

PUNE, MAHARASHTRA, INDIA, July 4, 2017 / — Market Research Future published a Half Cooked Research Report on Global Food Processor Market which is estimated to grow more than 5.2% after 2022

Market Overview

Food processor is the electric appliance which is used for slicing, shredding, mincing, chopping, pureeing and processing at high speed. Some food processors are similar to blenders however blenders with interchangeable blades and disks rather than a fixed blade are becoming popular among consumers. Generally very small amount of liquid is required in the operation of the food processor, unlike a blender, which requires a certain amount of liquid for the particles to move around the blade. Among various types of food processor coffee grinders, bread machine and electric pressure cooking are in high demand due to its increasing application in restaurants, bakery and home.

Competitive Analysis-

The Major Key Players in Food Processor Market are

• GEA Group (Germany)
• Anko Food Machine Co. Ltd (Taiwan)
• KRONES AG (Germany)
• Thurne (U.K.)
• Shanghai Shininess Industrial Co. Ltd., (China)
• Buhler AG (Switzerland)
• Unified Brands (U.S.)

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Market Forecast

Globally the food processor market is mainly driven by increasing demand of processed food especially in high populated countries like China and India. Changing lifestyle and developing food processing technologies is supporting the market growth. Rising application of food processor in urban areas has creating huge demand for small and medium sized food processor across globe. Expansion of organized retail has boosted sales of food processor from last few years. Growing awareness about food processor and its application in dairy and meat processing is reflecting on increasing sales of food processors across the globe.

These factors will play a key role in the growth of food processor market at the CAGR of 5.2% during 2016-2022.

Access the market data and market information presented through more than 60 market data tables and 25 figures spread over 110 numbers of pages of the project report “Food Processor Market – Forecast to 2022”

Downstream Analysis-

Food processor is mainly used for chopping, grinding, slicing, shredding and mincing of various food items. Application of food processor in meat/poultry processing, dairy product processing and fruit/vegetable processing has increased from last few years. There are various types of food processor available in the market. Each type of food processor is used for specific application. Small sized food processor is popular among the consumers for daily cooking activities in home. Large and medium sized food processor is used in food and beverage manufacturers, bakery and restaurants.

Regional Analysis

The Global Food Processor Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these Asia pacific region has the major market share followed by North America. Increase in technology and application of food processor by RTE (Ready to Eat) food product manufacturers is driving the growth of various types of food processor in Asia Pacific region. Increased used of food processor in U.S. and Canada is fueling the food processor market in North America region. Australia, Singapore, U.S., Germany and U.K. are the major importers of food processor in the world.

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Market Segmentation-

Global food processor market is segmented by type, technology, application and region

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Akash Anand
Market Research Future
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Source: EIN Presswire