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Showing posts from December, 2022

Understanding COVID-19’s impact on the Wine Processing Equipment Market, Infers FMI

  Global   wine processing equipment market   size is anticipated to grow from   US$ 1.5 Bn  in 2023 to   US$ 2.7 Bn  by 2033, with overall sales exhibiting a CAGR of 6.2% throughout the forecast period. Rising consumption of various types of wine especially red wine and sparkling wine across the world is a key factor driving the global wine processing equipment market. People across countries like the U.S., France, and the U.K. include wine in their day-to-day meals, which has prompted manufacturers to use advanced machinery. This will continue to boost market through 2033. Wine processing equipment are solutions used for manufacturing wine from various sources. They have gained immense traction during the last few decades due to increasing consumption of wine and the trend is likely to continue during the forecast period. Similarly, growing need for increasing productivity during wine manufacturing is expected to push the demand for wine processing equipment during the forecast perio

Corn Puff Making Machine Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive

  Between 2023 and 2033, the   corn puff making machine market   is expected to grow at a healthy CAGR of 7.6%. The market is expected to reach a valuation of $4 billion by 2033, from its current share of US$ 1.9 billion in 2023. - New flavors and attractive packaging solutions have thrived the demand for puffy snacks. The puffy snack producers have made new developments along with the adoption of corn puff making machines. - The healthy qualities of corn consumption led to the higher sales of corn puff-based consumables. Therefore, small food business enthusiasts have started adopting the corn puff- making machine. - The machines need to be cleared through government approvals. Vendors try to make these machines as efficient as they can while also enhancing productivity. - The rising demand for a native snack that involves the use of corn and puff has been addressed by the FMCG business and the vendors introduce their machines according to the capacity, power, machine type, design, ph

Global Cashew Processing Machine Market 2023 Growth, COVID Impact, Trends Analysis Report 2023

  The global   cashew processing machine market   is valued at US$ 5203.10 million as on 2023. The market is projected to grow at a CAGR of 7.4% during the forecast period, and is expected to reach a valuation of US$ 10624.41 million by 2023. Being a rich source of fibre, calcium, copper, antioxidants, and useful fatty acids, the doctors and health experts across the world are prescribing their patients to have cashew nuts in case of certain conditions. This represents huge opportunity for the cashew processing machine market. Moreover, based on research conducted by FMI, the processed cashew market is expected to grow at a CAGR of around 5.8% during the forecast period. This figure certainly suggests that the market of cashew  nut processing machine  definitely holds huge prospects. Moreover, there are a few regions like Middle East and Europe, which are huge dry fruits market. Based on a survey conducted, it was found that Europe is a burgeoning dry fruits market. This is well expect

Understanding COVID-19’s impact on the Vacuum Cooling Equipment Market, Infers FMI

  The market for   vacuum cooling equipment   is projected to reach US$ 1209.4 Mn in 2033, expanding at a CAGR of 3.2% from 2023 to 2033. Due to growing consumer demand for higher levels of food safety, sustainability, and quality, the market for vacuum cooling equipment is anticipated to grow. According to FMI, the meat industry’s increased use of vacuum cooling equipment has led to consistent growth over the past five years. Over the forecast period of 2023 and 2033, the trend is probably going to continue. Further, adoption of completely automated technology and embedded sensor systems is expected to boost the vacuum cooling equipment market. Furthermore, improved machine efficiency, increased speed, and usage of automated processing systems in food service industry are likely to propel the sales in vacuum cooling equipment market. Subsequently, several governments are aiding vacuum cooling equipment manufacturers to develop vacuum cooling equipment at a large scale by providing sub

Egg Processing Machine Market 2023–2033 Global Analysis, Size, Share, Incredible Growth, Detailed Industry Analysis and Business Prospects

  In 2022, the market for   egg processing equipment   will likely be worth US$34.2 billion. The overall sales of egg processing machines are also anticipated to grow at a 4.2% CAGR between 2023 and 20333, reaching a valuation of US$ 51.6 Bn by 2033 as a result of the expanding use of processed eggs across numerous industries. The demand for ingredients like processed eggs has skyrocketed in recent years due to rising convenience and ready-to-eat food product consumption, and this trend is likely to continue throughout the forecast period. In turn, this will have a favourable effect on the market for egg processing equipment worldwide. Similarly rapid penetration of automation and advanced machinery across thriving egg processing industry, bakery industry, and confectionery industry will further push demand for egg processing machines during the projection period. To cater to the ever-rising demand, manufacturers are constantly coming up with new products with a strong focus on product

Global Fish Processing Equipment Market 2023 Growth, COVID Impact, Trends Analysis Report 2023

  A CAGR of 5.3% is expected of the global   fish cutting machine market , due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 500.5 Mn by 2033, up from US$ 298.6 Mn in 2023. The primary factor that is driving the sales of fish cutting machine is the significant growth of the food and beverages industry. Consumers are essentially enticed by elements such as performance, quality, and hygiene of these machines. Moreover, various aspects such as technological advancements, improved logistics, and increased demand for processed fish products are estimated to surge a significant growth of the fish cutting machines market. The fish cutting machines provide significant throughput and offer better performance, as opposed to human labour that showcases a lot of difference in hygiene, quality, skills and performance. This is because these machines operate while maintaining proper hygiene since it is not touched by human hands, which impact the surge in

Pub Cellar Equipment Market's advanced Research & Growth Opportunities in Global Industry by 2033 Edited by Leading Research Firm

  The   pub cellar equipment market   is anticipated to expand at a CAGR of 3.8% during the forecast period. According to Forecasts, the market is likely to be valued at US$ 2,130.4 Mn by 2032, up from US$ 1,467.2 Mn in 2022. The demand for pub cellar equipment is rising as it is used in the brewing process, which allows for the controlled fermentation of beer. The market for pub cellar equipment is growing as more breweries are looking to control their own fermentation process during the foreseen time. The changing lifestyle, growing demand for premium beer, and increasing disposable income are increasing the market trends in recent years. Based on application, the residential sector dominates the pub cellar equipment market during the forecast period. This is because people are increasingly interested in having their own private cellars for storing their beer and wine collection. Based on geography, the US captures the highest numbers share of the market due to the presence of key ma

Commercial Vegetable Chopper Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights 2033

  The   commercial vegetable chopper market   is expected to grow at a CAGR of 3.5% during the forecast market. The market is expected to be estimated at US$ 355.10 Mn by 2033, and of on 2023, the market holds a valuation of US$ 251.74 Mn. Growth in the restaurant, takeout, and cloud kitchen markets presents the most opportunity for the commercial vegetable chopper market. Based on the market research conducted by FMI, the expected growth rate for the restaurant take-out market happens to be 8.3% through 2033. This represents massive scope for the commercial vegetable chopper market. The chefs are of the view that unlike knives or other forms of cutters, the commercial  vegetable chopper machine s are less tedious to operate and assist in creating consistent slices. This has particularly helped the chefs in preparing salads within no time. One of the most sought-after benefits of the commercial vegetable chopper is the fact that it has helped in achieving the criteria of cost-cutting t