Food Processor Market Analysis 2018-2022: Key Findings, Regional Analysis, Key Players Profiles and Future Prospects

Market Overview:
Food Processor Market is expected to grow at the CAGR of 5.2%. Increasing application of food processor to save time in chopping, grinding and slicing of various food items manually is driving the market growth. Rising awareness among the consumers about food processor application has boosted the growth of food processor market. Availability of food processor in various size along with different technologies has influenced the increasing demand of food processor for numerous application. Improved distribution channels is also playing the key role in the rising sales of food processor from last few years.

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Changing lifestyle and food habits of the consumers has encouraged the demand of food processor especially to improve flavor and texture of food products. Some key players are developing the product line of small and portable food processor due to its increasing popularity among working women. Key players in food processor market are mainly located in Asia Pacific and Europe region. Key Players from North America and Europe are following strategies of merger and acquisition of small players from Asia Pacific and Middle East region to expand their business in those particular region due to increasing demand of food processor.

Major Key Players:
This report includes a study of strategies such as mergers and acquisitions, product launches by the major food processor market players. It further includes product portfolios, developments of leading major players which includes

Anko Food Machine Co. Ltd (Taiwan)
KRONES AG (Germany)
Thurne (U.K.)
GEA Group (Germany)
Shanghai Shininess Industrial Co. Ltd., (China)
Buhler AG (Switzerland) and
Unified Brands (U.S.)

Key Findings:
Food processor application in meat/poultry processor is growing at higher rate in North America

Top five exporters of food processor are Singapore, China, Australia, U.S. and Germany

Segments:
Food processor has been segmented on the basis of type which comprises full sized food processor, slicer/choppers, grinder, blender, hand operated, mini food processor and others

Food processor has been segmented on the basis of technology which batch bowl, continuous feed, bowl and continuous feed, buffalo choppers and others

Food processor has been segmented on the basis of application which comprises dairy processing, meat/poultry processing, beverage processing, bakery, fruit and vegetable processing and others

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Regional Analysis:
Food Processor Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these Asia pacific region has the major market share followed by North America. Increase in technology and application of food processor by RTE (Ready to Eat) food product manufacturers is driving the growth of various types of food processor in Asia Pacific region. Increasing use of food processor among the consumers in U.S. and Canada is fueling the food processor market in North America region. Australia, Singapore, U.S., Germany and U.K. are the major importers of food processor in the world.

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