Market revenue in 2021 | USD 113.9 million |
Market revenue in 2028 | USD 190.9 million |
Growth rate | 7.7% (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 |
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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 38.1% in 2021. Horizon Databook has segmented the Latin America food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
The Central & South America region was one of the hardest-hit regions the COVID-19 virus. The pandemic is significantly affecting the socio-economic landscape of the region, exacerbating an existing complex scenario of structural weaknesses such as high informality and inequality, low productivity, and deficient public services and institutions.
According to the Economic Commission for Latin America and the Caribbean (ECLAC), the Latin America and the Caribbean witnessed a decline of 7.7% in 2020. According to the IMF, the GDP was forecasted to grow by 6.3% in 2021 and by 3% in 2022.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America food processing blades market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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