Market revenue in 2022 | USD 2,960.0 million |
Market revenue in 2030 | USD 3,974.2 million |
Growth rate | 3.8% (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 50.75% in 2022. Horizon Databook has segmented the Italy food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
In 2016, the food sector in Italy was one of the crucial industry offering employment and generated revenue of over Euro 125 Billion with domestic and international sales. As per Italian Food and Drink Industry Federation, the Italian food industry contributed 11.6% in the GDP of 2016.
Through profitable and strong international reputation of “Made in Italy”, the Italian food business faces positive trend. The Italian food industry is mainly driven by exports. However, the production, processing and retailing industry of Italy remain fragmented with a competitive edge.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy food processing equipment market , including forecasts for subscribers. This country databook contains high-level insights into Italy food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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