North America Food Processing Blades Market Size & Outlook
North America food processing blades market, 2017-2028 (US$M)
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North America food processing blades market highlights
- The North America food processing blades market generated a revenue of USD 193.6 million in 2021.
- The market is expected to grow at a CAGR of 7.4% 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, Mexico is expected to register the highest CAGR from 2022 to 2028.
North America data book summary
| Market revenue in 2021 | USD 193.6 million |
| Market revenue in 2028 | USD 318.5 million |
| Growth rate | 7.4% (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, North America region accounted for 23.1% 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 |
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North America 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 39.88% in 2021. Horizon Databook has segmented the North America food processing blades market based on straight, curved, circular covering the revenue growth of each sub-segment from 2017 to 2028.
North American food processing blades is a mature market. Factors such as rapid urbanization, increasing spending power, high household income, industrialization, and consumer food preferences are projected to strengthen the market position.
The region has a favorable government framework, infrastructure, and technologically advanced machinery, which is anticipated to propel the expansion of the food processing industry, and boost the demand for food processing blades.
The manufacturers of food processing blades in the North American region are focusing on expanding their geographical reach and targeting countries like South Africa, to boost their revenues.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America food processing blades market, including forecasts for subscribers. This continent databook contains high-level insights into North America food processing blades market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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North America food processing blades market size, by country, 2017-2028 (US$M)
North America Food Processing Blades Market Share, 2021 & 2028 (US$M)
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