Market revenue in 2022 | USD 2,859.8 million |
Market revenue in 2030 | USD 4,135.0 million |
Growth rate | 4.7% (CAGR from 2022 to 2030) |
Largest segment | 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.
Automatic was the largest segment with a revenue share of 51.12% in 2022. Horizon Databook has segmented the Japan food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one of the prominent markets in Asia. The food and drink sector in Japan is huge and stable. In 2018, it is valued around USD 15 Billion with the growth rate of 8%. Japan majorly relies on the food imports and thus it offers various market opportunities for food and drink industry players.
These players focus to maintain their position in the Japan market with promoting traditional dietary culture such as tofu, etc. and offering product innovation to attract youth. Various factors that drive the food processing industry in Japan is increased emphasis on ready-to-eat and convenience foods, demographics, family structure, diversification in Japanese diet etc. favors the food processing equipment market in Japan.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan food processing equipment market , including forecasts for subscribers. This country databook contains high-level insights into Japan food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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