The global industrial graters market size is expected to reach USD 39.7 Billion in 2022 and exhibit growth at a CAGR of 11.6% in the forecast period from 2022 to 2032. Increasing demand for plastic industrial graters backed by their cost benefits and lightweight nature is set to propel growth in the global market.
As per FMI, sales of industrial graters are likely to be valued at USD 46.2 Billion in 2032. Rapid evolution of the food and beverage processing industry owing to the high demand for packaged and healthy food items is anticipated to drive growth in the upcoming years.
| Report Attribute | Details |
|---|---|
| Industrial Graters Market Estimated Base Year Value (2021) | USD 38.1 Billion |
| Industrial Graters Market Expected Market Value (2022) | USD 39.7 Billion |
| Industrial Graters Market Anticipated Forecast Value (2032) | USD 46.2 Billion |
| Industrial Graters Market Projected Growth Rate (2022 to 2032) | 11.6% CAGR |
Industrial graters, commonly known as shredders, are referred to a special equipment that is mainly deployed for grating various food products into finer pieces. These graters come in a wide variety of shapes and sizes, while some also feature grating slots of different sizes.
Easy availability of semi-automated and automated graters is a major factor that is estimated to foster the demand for industrial graters in future years. Surging adoption of industrial graters in food and beverage processing industries to achieve operational efficiency and improve productivity is also expected to augment growth.
Several operators present in the food processing industry are demanding high-quality products at cost-effective deals. Thus, manufacturers across the globe are aiming to use advanced technologies and premium grade components for creating distinguishable offerings.
Furthermore, high demand for industrial graters providing optimal durability among operators in the food processing industry is set to aid growth. Urgent need for faster turnaround of orders in foodservice establishments to surge sales, enhance brand image, and improve customer experience is another crucial factor that is anticipated to spur growth.
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High demand for stainless steel-based industrial graters in various parts of the globe is projected to bolster the industrial graters market growth in the evaluation period.
Robust research and development capabilities of key companies, increasing usage of automation, and high demand for technological development are some of the vital factors that would push the adoption of automatic industrial graters in future.
Moreover, manufacturers are persistently striving to provide standard, precise, and quality products to deliver automated operational systems to the food processing industry. High demand for packaged and fast food is further set to encourage manufacturers to broaden their production capabilities, thereby fueling the need for industrial graters worldwide.
Stainless steel industrial graters are more expensive than various other materials, such as plastic and aluminum. These are also considered to be a magnet for smudges, dust, and dirt.
These two disadvantages may hamper sales of industrial graters made of stainless steel in the assessment period. However, stainless steel has high resale value, which may defray the overall cost. It is also more durable and requires low maintenance cost.
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Based on region, North America is likely to remain at the forefront by generating the largest industrial graters market share in the forthcoming years. Increasing demand for electric cheese grating machines to enable users to grate cheese in large quantities and surge the operational efficiency is projected to boost the regional market.
Besides, as manual cheese grating is useful for preparing food items in small quantities, sales of electric cheese graters are set to grow at a rapid pace in the food processing industry.
Users may often end up with sore wrists and hands while grating large quantities of cheese manually. These advanced machines, on the other hand, help users to grate cheese in a fraction of time, thereby helping them to focus more on other operations.
The demand for industrial graters is likely to grow at a steady pace in Asia Pacific stoked by the presence of a large number of manufacturers in China and India. High demand for leisure food across Japan, Malaysia, and Indonesia is another major factor that is projected to augur well for the regional market.
Increasing spending on ready-to-eat food items among millennials in Asia Pacific is also estimated to drive the market. Various initiatives undertaken by government agencies, such as ongoing promotional efforts taken by the Singapore Health Promotion Board to create awareness about ready-to-eat fish and meat products, are anticipated to accelerate growth.
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| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 11.6% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
Product Type, Food & Beverage Processing Application, Region |
| Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled |
Travaglini S.p.A.; Arsopi; Sirman Spa; Deville Technologies; Hajek Maschinenbau |
| Customization | Available Upon Request |
The global industrial graters market is set to surpass USD 46.2 Billion in 2032.
North America is set to lead the industrial graters market in the forecast period.
Travaglini S.p.A., Arsopi, Sirman Spa, Deville Technologies, and Hajek Maschinenbau are some of the renowned companies in the industrial graters market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Industrial Graters Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Industrial Graters Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type 5.1. Course Grater 5.2. Fine Grater 5.3. Medium Course Grater 5.4. Square Grater 5.5. Tapered Grater 5.6. Others 6. Global Industrial Graters Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 6.1. Dairy 6.2. Bakery & Confectionery 6.3. Fruits & Vegetables 6.4. Others 7. Global Industrial Graters Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. MEA 8. North America Industrial Graters Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Industrial Graters Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Industrial Graters Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Asia Pacific Industrial Graters Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. MEA Industrial Graters Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Key Countries Industrial Graters Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Alabama Metal Industries 15.2. Anping Enzar Metal Products 15.3. Interstate Gratings 15.4. Lionweld Kennedy 15.5. Lichtgitter GmbH 15.6. Nucor Corporation 15.7. Ohio Gratings 15.8. P&R Metals 15.9. Valmont Industries 16. Assumptions & Acronyms Used 17. Research Methodology
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Industrial Graters Market
