Confectionery Processing Equipment Market worth 6.55 Billion USD by 2023

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MarketsandMarkets Presents
Confectionery Processing Equipment Market worth
6.55 Billion USD by 2023
https//www.marketsandmarkets.com/Market-Reports/d
istiller-grain-market-19379654.html
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The report "Confectionery Processing Equipment
Market by Type (Thermal, Mixers, Blenders,
Cutters, Extrusion, Cooling, Coating), Product
(Hard Candies, Chewing Gums, Gummies Jellies,
Soft Confectionery), Mode of Operation, and
Region - Global Forecast to 2023" The
confectionery processing equipment market is
estimated to be valued at USD 4.69 Billion in
2018 and is projected to reach USD 6.55 Billion
by 2023, at a CAGR of 6.90 from 2018. Factors
such as growth of the retail industry and
increase in demand for confectionery items such
as candies, toffees, chocolates, chewing gums,
and jellies have driven the growth of the
confectionery processing equipment
market. Browse 61 market data Tables and 46
Figures spread through 143 Pages and in-depth TOC
on "Confectionery Processing Equipment Market -
Global Forecast to 2023 https//www.marketsandmar
kets.com/Market-Reports/confectionery-processing-e
quipment-market-26974693.html Early buyers will
receive 10 customization on reports.
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By product, soft confectionery segment to lead
the confectionery processing equipment market
from 2018 to 2023 The soft confectionery segment
dominated the market based on product. It is one
of the most consumed confectionery products by
almost all age groups in all regions and is a key
ingredient in many food products such as candy
bars, milkshakes, cookies, and other food
products. Increase in awareness regarding the
health benefits of chocolate and inclination of
consumers toward functional dark and sugar-free
chocolates are the major factors for the growth
of this market. Extrusion segment projected to
grow at the highest CAGR, by food product, from
2018 to 2023 Extrusion is becoming an important
process during confectionery processing as it has
many advantages over conventional food
processing it has flexible equipment which can
be used to manufacture different types of
products with different physical properties and
texture. https//www.marketsandmarkets.com/Market
-Reports/confectionery-processing-equipment-market
-26974693.html
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Automatic segment projected to grow at a higher
CAGR, by mode of operation, from 2018 to
2023 The implementation of automation and
robotics in confectionary processing has offered
quality assurance and increased productivity so
far, which acts as a key driver for the growth of
the automatic confectionery equipment market.
With the incorporation of automatic machinery,
confectionery processing can be carried out for a
large number of products, and comparatively
lesser employees are required to attend to the
machines as these equipment function
automatically, constant monitoring of processes
is eliminated. Asia Pacific is projected to be
the fastest-growing region during the forecast
period Rise in the middle-class population in
the region and the increase in disposable incomes
drive the demand for nutritious chocolate bars
candies with new enhanced flavors, which
increases the need for confectionery processing
equipment. This provides an opportunity for the
major players in the field of confectionery
processing to expand their geographical reach in
the region.   https//www.marketsandmarkets.com/M
arket-Reports/confectionery-processing-equipment-m
arket-26974693.html
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Key Players in distillers grains market 1
Bosch 2 Bühler AG 3 GEA Group 4 Alfa Laval 5
JBT Corporation 6 Aasted 7 BCH Ltd. 8 Tanis
Confectionery 9 Baker Perkins 10 Sollich 11
Heat and Control, Inc. 12 Rieckermann
GmbH https//www.marketsandmarkets.com/Market-Rep
orts/confectionery-processing-equipment-market-269
74693.html
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