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The confectionery and candy processing equipment market size has the potential to grow by USD 883.37 million during 2020-2025, and the market's growth momentum will accelerate at a CAGR of 3.67%.
This report provides a detailed analysis of the market by product (coating and enrobing, tempering, forming and depositing, extrusion, and others), geography (North America, Europe, APAC, South America, and MEA), and key vendors.
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The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The confectionery and candy processing equipment market is fragmented and the vendors are deploying growth strategies such as expanding their product portfolio to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as expansion of confectionery and candy processing plants to achieve growth opportunities. However, factors such as rise in cost of confectionery and candy processing will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the confectionery and candy processing equipment market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This confectionery and candy processing equipment market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
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37% of the market's growth will originate from North America during the forecast period. The US is the key market for confectionery and candy processing equipment in North America. Market growth in this region will be slower than the growth of the market in APAC.
The increase in government support for confectionery and candy processing activities is one of the prime factors that will facilitate the confectionery and candy processing equipment market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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Coating and enrobing are a process that involves covering a confection with a coating medium. The coating medium for confectionery products is usually hard sugar, soft sugar, or chocolate, where the products coated are usually ice cream, toffee, biscuits, or cookies. Coating equipment is also used to add a coating on peanuts, almonds, hazelnuts, and other types of nuts. Coating and enrobing help in improving the quality of confectionery and candy products by protecting them from environmental factors. Therefore, the growth of the market segment is expected to be significant throughout the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the confectionery and candy processing equipment market size. Fetch actionable market insights on post COVID-19 impact on each segment.
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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