According to a new report published by UnivDatos Markets Insights, the Industrial Food Slicers Market is expected to grow at a CAGR of around 8% from 2022-2028. The analysis has been segmented into Product (Horizontal Slicers, Vertical Slicers, Centrifugal Slicers, Others); Applications (Meat & Poultry, Fruit & Vegetables, Potatoes, Bread & Cheese, Fish & Seafood, Other); Region/Country.
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The Industrial Food Slicers market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the Industrial Food Slicers market. The Industrial Food Slicers market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the Industrial Food Slicers market at the global and regional levels.
Market Overview
The growing number of quick-service restaurants (QSRs), food chains, and fast-food centers throughout the world is driving up demand for raw food in the desired form, size, and quantity, which is driving up demand for industrial food-cutting equipment. In this era of globalization, a rising number of households have both parents working. In the kitchen, food preparation has become a gender-neutral activity. Families would rather not spend as much time in the kitchen as possible. As a result, demand for freshly cut fruits and vegetables that need to be washed, sliced or diced, or milled is increasing, which in turn is driving up demand for industrial food-cutting equipment.
The Industrial Food Slicers Market is expected to grow at a steady rate of around 4.5% owing to increasing demand from the hospitality sector. As per the Department for Environment Food & Rural Affairs, the expenditure on food, drinks, and catering was USD 312 billion in the United Kingdom in 2019. Also, Canadian fast-food statistics reveal the Canadian fast-food industry is worth an impressive USD 27 billion in 2021. It is expected to grow by 0.8% compared to the previous year. Also, the fast-food industry Canada facts show up to 34% of Canadians report dreaming of opening a restaurant, in the coming years and 3.7% are thinking of quick service. So, the emerging hospitality sector globally is contributing to the growing demand for the industrial food slicers.
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Some of the major players operating in the market include TREIF Maschinenbau GmbH, Buhler AG, Dadaux SAS, holac Maschinenbau GmbH, Urschel Laboratories, Inc., EMURA Food Cutter Machine Co. Ltd, Jaymech Food Machines, GEA Group, Brunner-Anliker AG, Weber Maschinenbau GmbH.
COVID-19 Impact
2020 proved to be the most challenging year for the food industry in decades, significantly testing the resilience of food supply chains. Many of the industry’s challenges stemmed from the spread and aftermath of COVID-19, forcing food organizations to adjust in new ways to maintain their supply chain continuity, integrity, and overall resilience. Moreover, the effect of COVID-19 on industrial food slicers was witnessed due to disruptions in the supply chain and lower spending on cooking appliances. Furthermore, in April and May 2020, worker illnesses from COVID-19 led to the shutdown of several food manufacturing plants as roughly 40% of processing capacity was brought offline in the United States.
The global Industrial Food Slicers market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
· Based on product, the market is segmented into Horizontal Slicers, Vertical Slicers, Centrifugal Slicers, and Others. The horizontal segment grabbed the major market share and dominated the market in 2020. The horizontal 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 to modify slice thicknesses and knife blade speed. A great option for a low-cost slicer that is both efficient and reliable.
· On the basis of application, the market is categorized into Meat & Poultry, Fruit & Vegetables, Potatoes, Bread & Cheese, Fish & Seafood, and Others. The meat & poultry segment grabbed a considerable market share in 2020. To keep up with the growing demand for meat in across countries, many businesses will need more equipment. Globally, meat consumption is on the rise, with chicken proving to be the most popular option. Keeping up with the processing of poultry in some countries such as Australia can be difficult, particularly when it comes to finding qualified and dependable employees.
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Industrial Food Slicers Market Geographical Segmentation Includes:
· North America (United States, Canada, and Rest of North America)
· Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)
· Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)
· Rest of the World
APAC is anticipated to grow at a substantial CAGR during the forecast period. The rising number of working people and adoption of western culture is leading to the growing demand for ready-to-cook and processed food which in turn demands Industrial Food Slicers. Moreover, the growth of the travel and tourism industry and the rising attractiveness of Quick Service Restaurants (QSRs) among millennials. Also, a rise in investment in the hospitality sector is leading to the growing number of hotels and restaurants which is gaining end-user’s tractions, and the market is blooming.
The major players targeting the market include
• TREIF Maschinenbau GmbH
• Buhler AG
• Dadaux SAS
• holac Maschinenbau GmbH
• Urschel Laboratories, Inc.
• EMURA Food Cutter Machine Co. Ltd
• Jaymech Food Machines
• GEA Group
• Brunner-Anliker AG
• Weber Maschinenbau GmbH
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Industrial Food Slicers market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Industrial Food Slicers market?
• Which factors are influencing the Industrial Food Slicers market over the forecast period?
• What are the global challenges, threats, and risks in the Industrial Food Slicers market?
• Which factors are propelling and restraining the Industrial Food Slicers market?
• What are the demanding global regions of the Industrial Food Slicers market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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About UnivDatos Market Insights (UMI)
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About UnivDatos Market Insights
UnivDatos Market Insights (UMI) is a passionate market research firm and a subsidiary of Universal Data Solutions. We believe in delivering insights through Market Intelligence Reports, Customized Business Research, and Primary Research. Our research studies are spread across topics across the world, we cover markets in over 100 countries using smart research techniques and agile methodologies. We offer in-depth studies, detailed analysis, and customized reports that help shape winning business strategies for our clients.
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