Industrial Food Slicers Market: Current Analysis and Forecast (2022-2028)
Emphasis on into Product (Horizontal Slicers, Vertical Slicers, Centrifugal Slicers, Others); Applications (Meat & Poultry, Fruit & Vegetables, Potatoes, Bread & Cheese, Fish & Seafood, Other); Region/Country.
Global Industrial Food Slicers Market is expected to grow at a significant rate of around 8% during the forecast period. A rise in disposable income, a rising number of working professionals, and emerging preference and spending on ready-to-eat processed & packaged foods are some of the prominent factors contributing to the growth of industrial food slicers. The growing need for cooking tools such as food slicers in the industries in food manufacturing industries, etc. is contributing to the growth of the market.
Also, processed foods occupy a significant share of many diets around the globe as these are widely available, cheap, and intensively marketed. The demand for Industrial Food Slicers is rising dramatically across the globe owing to the growing consumption of processed food in many high-income countries. Furthermore, advancement in technologies used in the manufacturing of food and beverages to maintain and prolong the shelf life of products to enhance the quality of the food is also propelling market growth.
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., are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.
Insights Presented in the Report
“Amongst product, horizontal slicers category to witness higher CAGR during the forecast period”
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 of slice thicknesses and knife blade speed. A great option for a low-cost slicer that is both efficient and reliable.
“Amongst application, meat & poultry to hold a significant share in the market in 2020”
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.
“Asia Pacific to hold a significant share in the market”
In 2020, Asia Pacific held a significant share of the global Industrial Food Slicers market. A rise in the café, hotels, and restaurants across the region coupled with the growing demand for processed and packaged food owing to the rising number of working professionals and adoption of western culture is leading to the growing demand for the Industrial Food Slicers market. Moreover, the growth of the travel and tourism industry and the rising attractiveness of Quick Service Restaurants (QSRs) among millennials. As per Statista, the number of food service establishments worldwide varied greatly by region in 2020. Asia-Pacific had the most establishments at over 17 million. In comparison, the region with the second highest number of food service establishments was Latin America with over 2.3 million.
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
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Table of Contents
Research Methodology for the Industrial Food Slicers Market Analysis (2022-2028)
Analyzing the historical market, estimating the current market, and forecasting the future market of the global Industrial Food Slicers market were the three major steps undertaken to create and analyze the adoption of Industrial Food Slicers in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global Industrial Food Slicers market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
Detail secondary study was conducted to obtain the historical market size of the Industrial Food Slicers market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the Industrial Food Slicers market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as product and application. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the Industrial Food Slicers market. Further, we conducted factor analysis using dependent and independent variables such as product and application of Industrial Food Slicers. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the Industrial Food Slicers market across the globe.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Industrial food slicers market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2027 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the Industrial Food Slicers market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the global Industrial Food Slicers market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global Industrial Food Slicers market. Data was split into several segments & sub-segments post studying various parameters and trends in the product and application in the global Industrial Food Slicers market.
The main objective of the Global Industrial Food Slicers Market Study
The current & future market trends of the global Industrial Food Slicers market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the Industrial Food Slicers market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
- Segments in the study include areas of product and application.
- Define and analysis of the regulatory framework for the Industrial Food Slicers
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the Industrial Food Slicers market for the major region.
- Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
- Company profiles of the Industrial Food Slicers market and the growth strategies adopted by the market players to sustain in the fast-growing market
- Deep dive regional level analysis of the industry
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