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Legalized Cannabis Industry to Play a Vital Role in Confectionery Processing Equipment Market Growth
The Confectionery Processing Equipment market size is forecast to reach $6.79 million by 2024, registering a growth rate of 6.81% during 2019-2025.

BriefingWire.com, 1/03/2020 - 3D printing technology has revolutionized operations in numerous industries including automotive, construction, and textiles. The latest addition to the list of industries is the F&B sector, where edible 3D printing is becoming a major trend for food processing. Since the technology is at a nascent stage, ingredients only in the form of paste are compatible with food 3D printers. As the most compatible ingredients are chocolate, pancake batter and cream, the sweet confections processing equipment market is leveraging the most of this technology and introducing innovative products such as cotton candy machine, chocolate machine, and candy making machine. For instance, the foremost market player GEA Group AG recently launched The GEA Aquarius 3D PopLine, which is a fully automated line, designed to form, cool and wrap 3D lollipops at the speed of 600 units per minute. It also offers center filling and specific coloring options. As food 3D printing enables optimization of time along with specific customization of products, the confectionery production sector is creating abundant demand for such equipment.

The global [FURL=https://www.industryarc.com/Research/Confectionery-Processing-Equipment-Market-Research-504451]onfectionery processing equipment market[/FURL] c size was evaluated to be $4.72 billion in 2018. Innovations such as food 3D printer, 3D printed chewing gum, personalized confectionery and environment friendly packaging has revolutionized the market, which is estimated to be progressing at a CAGR of 6.81% during the forecast period of 2019-2025.

Download Sample Report @ [FURL]https://www.industryarc.com/pdfdownload.php?id=504451[/FURL]

U.S. confectionery retail sales touch $36 billion; manufacturing exports reach $1.8 billion:

The candy industry is pivotal to the U.S. economy, with a contribution of over and above $44 billion. The confectionery industry is omnipresent in all the 50 states of the U.S. with 1,300 manufacturing facilities.

In 2018, the U.S. confectionery industry generated $36 billion in retail sales, with $1.8 billion in manufacturing exports. It is also to be noted that a majority of confectioners are levering the established e-commerce sector in the U.S. The Hershey Company has confirmed that e-commerce is the fastest growing platform for its business. As a consequence, North America is the most lucrative marketplace for confectionery processing equipment, and held 40% share of the global share in 2018, and is likely to sustain its lead due to strong attendance of confectioners. The U.S. hosts some of the leading confectionery companies in the world including Mars Inc., Wrigley Company, Mondelez International and The Hershey Company.

Confectionery Processing Equipment Market Companies:

Some of the key players operating in the global market are Robert Bosch GmbH, Bühler AG, GEA Group, Alfa Lava AB, John Bean Technologies Corporation (JBT), Aasted ApS, BCH Ltd, Tanis Confectionery, Baker Perkins Limited, Sollich KG, Heat and Control, Inc., and Rieckermann GmbH.

About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.

 
 
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