Europe Food Processing Blades Market Size & Outlook
Europe food processing blades market, 2017-2028 (US$M)
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Europe food processing blades market highlights
- The Europe food processing blades market generated a revenue of USD 218.1 million in 2021.
- The market is expected to grow at a CAGR of 6.4% 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, Italy is expected to register the highest CAGR from 2022 to 2028.
Europe data book summary
| Market revenue in 2021 | USD 218.1 million |
| Market revenue in 2028 | USD 337.3 million |
| Growth rate | 6.4% (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, Europe region accounted for 26.0% 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 |
|---|
Europe 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 40.81% in 2021. Horizon Databook has segmented the Europe food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
According to the European Commission, the economy of Europe was hit hard in the first quarter of 2020 owing to the impact of the COVID-19 pandemic; however, it rebounded significantly with the slow easing of containment measures.
According to IMF, the spread of the COVID-19 throughout Europe is expected to lead to a sluggish economic recovery in the region in the coming years. With swift vaccination drives and improved private spending, the GDP growth of Europe is estimated to be rebound by 5.0% in 2021.
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Target buyers of Europe 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 Europe food processing blades market, including forecasts for subscribers. This continent databook contains high-level insights into Europe food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Europe food processing blades market size, by country, 2017-2028 (US$M)
Europe Food Processing Blades Market Share, 2021 & 2028 (US$M)
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