China Food Processing Blades Market Size & Outlook
China food processing blades market, 2017-2028 (US$M)
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China food processing blades market highlights
- The China food processing blades market generated a revenue of USD 112.4 million in 2021 and is expected to reach USD 205.1 million by 2028.
- The China market is expected to grow at a CAGR of 9% 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 112.4 million |
| Market revenue in 2028 | USD 205.1 million |
| Growth rate | 9% (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, China accounted for 13.4% 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 Asia Pacific, China food processing blades market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 68.2 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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China 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 38.88% in 2021. Horizon Databook has segmented the China food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
According to the Asian Development Bank (ADB), China was one of the few major economies globally to achieve a growth rate of 2.3% in 2020. The country’s growth is estimated to be around 8.1% in 2021 and 5.5% in 2022.
According to the National Bureau of Statistics of China, its industrial production output was 14.1% higher in March 2021 compared to March 2020. The ongoing resilience is expected to result in increasing investments, robust economic recovery, growing disposable incomes, and improved private demand.
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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 China food processing blades market, including forecasts for subscribers. This country databook contains high-level insights into China food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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China food processing blades market size, by product, 2017-2028 (US$M)
China Food Processing Blades Market Share, 2021 & 2028 (US$M)
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