Japan Food Processing Blades Market Size & Outlook
Japan food processing blades market, 2017-2028 (US$M)
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Japan food processing blades market highlights
- The Japan food processing blades market generated a revenue of USD 27.4 million in 2021 and is expected to reach USD 49.8 million by 2028.
- The Japan market is expected to grow at a CAGR of 8.9% 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 27.4 million |
| Market revenue in 2028 | USD 49.8 million |
| Growth rate | 8.9% (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, Japan accounted for 3.3% 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 |
|---|
Japan 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 38.69% in 2021. Horizon Databook has segmented the Japan food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
Japan is one of the highly developed countries in the world. According to the World Bank, the country’s GDP stood at USD 5.08 trillion in 2019. Some of the key industries contributing to the country’s economy include automotive, electronics, metals, machine tools, textiles, and chemicals.
However, the outbreak of COVID-19 is expected to take a toll on the country’s economic growth. According to IMF, the country’s GDP growth declined by 4.8% in 2020. IMF estimated that the GDP growth of Japan will be 3.3% in 2021 and 2.5% 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 Japan food processing blades market, including forecasts for subscribers. This country databook contains high-level insights into Japan food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Japan food processing blades market size, by product, 2017-2028 (US$M)
Japan Food Processing Blades Market Share, 2021 & 2028 (US$M)
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