Brazil Food Processing Blades Market Size & Outlook
Brazil food processing blades market, 2017-2028 (US$M)
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Brazil food processing blades market highlights
- The Brazil food processing blades market generated a revenue of USD 52.0 million in 2021 and is expected to reach USD 88.0 million by 2028.
- The Brazil market is expected to grow at a CAGR of 7.8% 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.
Food processing blades market data book summary
| Market revenue in 2021 | USD 52.0 million |
| Market revenue in 2028 | USD 88.0 million |
| Growth rate | 7.8% (CAGR from 2021 to 2028) |
| Largest segment | Circular |
| Fastest growing segment | Circular |
| Historical data | 2017 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Brazil accounted for 6.2% of the global food processing blades market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil food processing blades market is projected to lead the regional market in terms of revenue in 2028.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 38.8 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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Brazil 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 38.65% in 2021. Horizon Databook has segmented the Brazil food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
Brazil is one of the major developing economies in the Central & South American region. However, the COVID-19 pandemic has triggered a deep recession in the country. Improving fiscal outcomes is one of the major challenges owing to the high debt burden, further worsened due to the pandemic.
Strong monetary and fiscal policy measures in response to the pandemic have managed to avoid a sharper economic contraction in the country. According to the economic forecast published by the Organization for Economic Co-operation and Development (OECD) in December 2020, the GDP growth is expected to be 2.6% in 2021 and 2.2% in 2022.
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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 country-level data and insights on the Brazil food processing blades market, including forecasts for subscribers. This country databook contains high-level insights into Brazil food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil food processing blades market size, by product, 2017-2028 (US$M)
Brazil Food Processing Blades Market Share, 2021 & 2028 (US$M)
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