Asia Pacific Food Processing Blades Market Size & Outlook
Asia Pacific food processing blades market, 2017-2028 (US$M)
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Asia Pacific food processing blades market highlights
- The Asia Pacific food processing blades market generated a revenue of USD 245.3 million in 2021.
- The market is expected to grow at a CAGR of 9.2% from 2022 to 2028.
- In terms of segment, circular was the largest revenue generating product in 2021.
- Circular is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2028.
Asia Pacific data book summary
| Market revenue in 2021 | USD 245.3 million |
| Market revenue in 2028 | USD 454.7 million |
| Growth rate | 9.2% (CAGR from 2021 to 2028) |
| Largest segment | Circular |
| Fastest growing segment | Circular |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Straight, Curved, Circular |
| Key market players worldwide | Minerva SA ADR, Dorian Drake International, GEA Group AG, John Bean Technologies Corp, Nemco Food Equipment, Marel hf, Baader Bank AG., Bettcher Industries, HALLDE |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.3% of the global food processing blades market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 454.7 million by 2028.
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Food Processing Blades Market Scope
Food Processing Blades Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific food processing blades market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food processing blades market will help companies and investors design strategic landscapes.
Circular was the largest segment with a revenue share of 38.52% in 2021. Horizon Databook has segmented the Asia Pacific food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of global economic growth. According to a report by the International Monetary Fund (IMF), the GDP growth in the region contracted by 1.5% in 2020, in light of the containment measures and global economic slowdown during the COVID-19 pandemic. The region’s GDP growth is forecast to rebound to 7.6% in 2021, moderating to 5.4% in 2022.
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Target buyers of Asia Pacific food processing blades market databook
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Our clientele includes a mix of food processing blades market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific food processing blades market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific food processing blades market size, by country, 2017-2028 (US$M)
Asia Pacific Food Processing Blades Market Share, 2021 & 2028 (US$M)
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