Market revenue in 2022 | USD 3,475.3 million |
Market revenue in 2030 | USD 4,830.8 million |
Growth rate | 4.2% (CAGR from 2022 to 2030) |
Largest segment | Semi automatic |
Fastest growing segment | Automatic |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Semi Automatic, Automatic |
Key market players worldwide | Baader Bank AG., Marelli, Buhler Industries Inc, GEA Group AG, The Middleby Corp, Alfa Laval AB, Krones AG, John Bean Technologies Corp, SPX Technologies Inc |
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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 equipment market will help companies and investors design strategic landscapes.
Semi automatic was the largest segment with a revenue share of 50.27% in 2022. Horizon Databook has segmented the Germany food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is one of the prominent countries in the European food processing equipment market, having consumer spending on eating out in 2016 to be 10%. Various socioeconomic factors favor the Germany food market.
Consumption of products and services fueling GDP, favorable market policies, government regulatory framework altogether facilitate the food processing equipment market to opt for prominent growth. The Germany food industry witnesses moderate growth owing to volatile commodity prices, foodsupply chain issues, and seasonal fluctuations.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany food processing equipment market , including forecasts for subscribers. This country databook contains high-level insights into Germany food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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