According to Future Market Insights research, during the projected period, the Global Industrial Food Slicers Market is expected to grow at a CAGR of 8%. The market value is projected to increase from USD 555 Million in 2022 to USD 780 Million by 2032.
The Industrial Food Slicers Market was valued at USD 450 Million at the end of 2021 and is anticipated to exhibit Y-o-Y growth of 3.5% in 2022.
| Attributes | Details |
|---|---|
| Market Size Value in 2022 | USD 555 Million |
| Market Forecast Value in 2032 | USD 780 Million |
| Global Growth Rate (2022 to 2032) | 8.0% CAGR |
| Forecast Period | 2022 to 2032 |
| Market Share of India in South Asia | 31% |
The global demand for packaged products is growing in tandem with food safety regulations. Frozen processed food products are available, which protect the food from spoiling. Foods that are frozen are free of enzymes that promote decomposition.
Toxic substances are removed from food during processing and slicing, while nutritious value is preserved. Because of their longer shelf life, processed and packaged foods are becoming more popular.
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As per FMI – a market research and competitive intelligence provider, over the past half-decade, the global market value for Industrial Food Slicers has been boosted owing to increased application of the product in various areas including food, beverages, etc.
One of the important factors driving the growth of the industrial food slicer market is the growing desire for automated industrial food slicers. The automated slicer machine is widely utilized in a variety of end-user applications because it reduces downtime and improves product presentation by cutting more quicker.
For example, a leading vendor offers the ECD-702, an automated industrial food slicer that uses a digital food cutter to slice a variety of vegetables into various shapes. The market's expansion is being fuelled by recent technological advancements and modernizations.
According to FMI, the Industrial Food Slicers market in the USA is rising at a CAGR of 14.66%. Due to increased demand from countries such as the USA and Canada, North America is likely to be the leading market for industrial food slicers throughout the forecast period. This is due to an increase in the number of commercials.
Due to the existence of a large number of local companies, the Industrial food slicer is quite fragmented. Local players offer the same service at a significantly lower cost. In the short term, this may have an influence on the sales of the market's larger competitors.
Local players may not be able to compete with big food slicer producers in terms of product quality. This aspect may operate as a stifling factor for the food slicer's expansion.
Food slicer producers, on the other hand, may be able to increase the quality of their goods in the near future by adhering to standards and certifications. This scenario estimates the industrial food slicers market will expand by 10.1% CAGR in India by 2032.
According to FMI, the Industrial Food Slicers market in China is rising at a CAGR of 9.19%. During the projected period, the market for industrial food slicers is expected to develop at a healthy rate.
The food and beverage industry is predicted to account for around 32% of total market growth, and expanding government support efforts will be critical in propelling the industrial food-cutting machines market forward. The primary markets for industrial food-cutting machines are China and Japan.
During the projected period, the Asia Pacific region is predicted to be the fastest-growing market.
The key reasons driving expansion in this region include rising consumer demand for convenience meals and rising health consciousness among customers across a variety of end-user businesses, such as food processors, meat and poultry stores, and so on, leading to an increased usage of industrial food slicers.
This scenario estimates the industrial food slicers market will expand at a CAGR of 7.49% in Japan and 8.2% in Indonesia by 2032.
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According to FMI, the Industrial Food Slicers market in the Meat & Poultry is having a share of 30%. To keep up with the growing demand for meat in Australia, many businesses will need more equipment.
In Australia, meat consumption is on the rise, with chicken proving to be the most popular option. Keeping up with the processing of poultry in Australia can be difficult, particularly when it comes to finding qualified and dependable employees.
The slicer is designed to slice fresh, cold smoked salmon and other fish species horizontally. From the overall length of the product, the slicer creates long and regular thin slices. Ideal for adding value to products.
A vertical drive controls and adjusts slice thickness on the horizontal slicer. The control panel is simple to use, allowing for modification of slice thicknesses and knife blade speed. A great option for a low-cost slicer that is both efficient and reliable.
All-purpose machines, which aren't built for any one fruit or vegetable, may process a wide range of foods equally well. Slicing, dicing, shredding, wedging, and coring are all popular cuts that come in a range of sizes. Blade and compatible pusher blocks are often used, and sets may be interchanged for further versatility.
The plate in vertical slicer machines is perpendicular to the blade. As a result, the object must be pressed against the blade by hand, but the slicing results, especially with meat, are exceptional in terms of precision and consistency. Vertical slicers also take up less space than gravity slicers. For chopping fresh meat, vertical slicers are recommended.
The use of industrial food slicers in a variety of end-user sectors, such as supermarkets, restaurants, and hotels, is propelling the market forward.
The industrial food slicer manufacturers market would be driven by increased demand for convenience meals among a vast population base across different geographies due to increasing working women and families, as well as technological advances, during the projected period.
The worldwide industrial food slicers market is being propelled by the widespread use of this equipment in commercial kitchens and restaurants at home. Furthermore, rising disposable income has prompted customers to adopt healthier eating habits, which has affected product mix selections at many firms, resulting in increasing adoption rates of these items throughout the world.
To increase position and distribution channel in the worldwide company, key players are pursuing a variety of methods, including mergers and acquisitions. Furthermore, numerous significant firms are working on new product launches and development to expand their capacity and get a foothold in the business.
For example:
FMI has provided detailed information about price points of the Industrial Food Slicers Market of manufacturers positioned across regions, sales growth, production capacity, and speculative production expansion in the recently published report.
Similar, recent developments related to companies offering in the Industrial Food Slicers Market business have been tracked by the team at FMI, which are available in the full report.
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| Attributes | Details |
|---|---|
| Forecast Period | 2022 to 2032 |
| Historical Data Available for | 2017 to 2021 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa |
| Key Countries Covered | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, United Arab Emirates(UAE) |
| Key Segments Covered | Product, Type, Application, Region |
| Key Companies Profiled | Grote company; Hobart; Berkel; Vollrath; Bizerba; KWS; Nemco Food Equipment Ltd.; Beswood; Estella; Doyon Equipment Inc; Edlund; Vevor; Garde; Omcan; LEM Products |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The Industrial Food Slicers Market size is assessed to be USD 555 Million currently.
The Industrial Food Slicers Market is expected to rise at a CAGR of 8%.
The North American Industrial Food Slicers market is expected to register a 12% CAGR between 2022 and 2032.
The USA, China, Canada, Germany, and Mexico are the major countries driving demand for Industrial Food Slicers Market.
China's Industrial Food Slicers market is projected to grow at a CAGR of around 9.19% over the next ten years.
Germany's Industrial Food Slicers market is projected to grow at a CAGR of around 12.90% over the next ten years.
The demand for the Industrial Food Slicers market in Europe is expected to grow at 9.5% CAGR between 2022 and 2032.
The grote company, Hobart, Berkel, Vollrath, and Bizerba are expected to be the top players driving the market growth.
Mexico's Industrial Food Slicers market is projected to grow at a CAGR of around 7.32% over the next ten years.
The global Industrial Food Slicers market is forecasted to surpass USD 780 Million by the end of 2032.
1. Executive Summary | Industrial Food Slicers Market 2. Market Overview 3. Market Background 4. Global Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Horizontal Slicers 5.2. Vertical Slicers 5.3. Centrifugal Slicers 5.4. Others 6. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type 6.1. U-Shaped Horizontal Trough 6.2. Ribbon Agitator 6.3. Potatoes 7. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 7.1. Meat & Poultry 7.2. Fruit & Vegetables 7.3. Bread 7.4. Cheese 7.5. Fish & Seafood 7.6. Others 8. Global Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East and Africa 9. North America Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Oceania Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 15. Middle East and Africa Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 16. Key Countries Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Hobart 18.2. Berkel 18.3. Vollrath 18.4. Bizerba 18.5. KWS 18.6. Nemco Food Equipment Ltd. 18.7. Beswood 18.8. Estella 18.9. Doyon Equipment Inc. 18.10. Edlund 18.11. Vevor 18.12. Garde 18.13. Omcan 18.14. LEM Products 19. Assumptions & Acronyms Used 20. Research Methodology
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Industrial Food Slicers Market
