Germany Food Processing Blades Market Size & Outlook
Germany food processing blades market, 2017-2028 (US$M)
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Germany food processing blades market highlights
- The Germany food processing blades market generated a revenue of USD 49.2 million in 2021 and is expected to reach USD 75.2 million by 2028.
- The Germany market is expected to grow at a CAGR of 6.3% 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 49.2 million |
| Market revenue in 2028 | USD 75.2 million |
| Growth rate | 6.3% (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, Germany accounted for 5.9% 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 Europe, Germany food processing blades market is projected to lead the regional market in terms of revenue in 2028.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 68.3 million by 2028.
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Food Processing Blades Market Scope
Food Processing Blades Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 39.84% in 2021. Horizon Databook has segmented the Germany food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
Germany was the largest economy in Europe in 2020 with a GDP of approximately USD 3.85 trillion in the same year. The easy availability of highly skilled labor and the presence of world-class infrastructures have led to the industrial growth of the country.
However, the spread of the COVID-19 took its toll on the economic growth of Germany. According to the OECD, the GDP of the country contracted by 10.2% in 2020. However, it is expected to grow by 3.1% and 4.6% in 2021 and 2022, respectively.
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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 Germany food processing blades market, including forecasts for subscribers. This country databook contains high-level insights into Germany food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Germany food processing blades market size, by product, 2017-2028 (US$M)
Germany Food Processing Blades Market Share, 2021 & 2028 (US$M)
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