Italy Food Processing Blades Market Size & Outlook
Italy food processing blades market, 2017-2028 (US$M)
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Italy food processing blades market highlights
- The Italy food processing blades market generated a revenue of USD 43.4 million in 2021 and is expected to reach USD 68.3 million by 2028.
- The Italy market is expected to grow at a CAGR of 6.7% 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 43.4 million |
| Market revenue in 2028 | USD 68.3 million |
| Growth rate | 6.7% (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, Italy accounted for 5.2% 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 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 |
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Italy 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 41.24% in 2021. Horizon Databook has segmented the Italy food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
According to the World Bank, the GDP of Italy was USD 1.89 trillion in 2020. The economic growth of the country has been severely impacted by the COVID-19 pandemic. According to an economic forecast published by the OECD in December 2020, the GDP of Italy declined by 9.1% in 2020. It is anticipated to increase by 5.8% and 4.2% in 2021 and 2022, respectively.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy food processing blades market, including forecasts for subscribers. This country databook contains high-level insights into Italy food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Italy food processing blades market size, by product, 2017-2028 (US$M)
Italy Food Processing Blades Market Share, 2021 & 2028 (US$M)
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