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Food Processing Blades Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: August 2024 || SKU: FB4742
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180 pages
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Global Food Processing Blades Market is Segmented By Product Type (Straight Blades, Curved Blades, Circular Blades), By Application (Grinding, Slicing, Dicing, Skinning, Peeling, Others), By End-Use (Proteins, Other Foods), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Food Processing Blades Market Size

The Global Food Processing Blades Market reached USD 915.2 million in 2022 and is projected to witness lucrative growth by reaching up to USD 1,632.2 million by 2030. The market is growing at a CAGR of 7.5% during the forecast period (2024-2031). The global food processing blades market is expected to grow during the forecast period, owing to the increase in the applications of food processing blades in various industries such as dairy, poultry and food & beverages.

Food processing blades are becoming more popular in the food sector to reduce processing time and improve process efficiency. The growth of the food processing blade market is due to the hike in the consumers’ disposable income and increase spending on processed food items.

 

Food Processing Blades Market Scope

Metrics

Details

CAGR

7.5%

Size Available for Years

2022-2031

Forecast Period

2024-2031

Data Availability

Value (USD ) 

Segments Covered

Product Type, Application, End-Use, and Region

Regions Covered

North America, Europe, Asia-Pacific, South America and Middle East & Africa

Fastest Growing Region

Asia-Pacific

Largest Region

Asia-Pacific

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis, and Other key Insights.

 

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Food Processing Blades Market Dynamics

Rising Demand for Packaged and Processed Food Products Across the Globe 

The growth of packaged food is due to innovations in processing techniques for extending the shelf life of food products. The increase in the working population also creates demand for packaged and processed food products. According to the International Labour Organization, the global labor force participation rate increased by 47.4% in 2022. 

The increased demand for packaged and processed food products is due to increasing income, changing nutritional tastes, and the increased convenience and extended shelf life associated with the consumption of these items. As the demand for packaged and processed food products increases, the demand for food processing blades also increases.

Growing Trade of Food Processing Blades Helps to Boost Market Growth

In 2021, blades for kitchen appliances & food industry machines were the world’s 3252nd most traded product with a total trade of D 338M. It grew by 13.9%, from D 297M to D 338M in 2021. Top exporters of the processing blades were Germany (D 105M), the United States (D 41.5M), China (D 38.1M), France (D 20.1M) and the United Kingdom (D 19.8M). This increase in the trade of food processing blades helps to boost market growth.

Food Processing Blades Market Segment Analysis

The global food processing blades market is segmented based on product type, application, end-use and region.

An Increase in the Industrial Application of Circular Blades is Expected to Drive the Segment Growth

The circular blade segment led the market and accounted for more than 45% share of the global revenue during the forecast period. The segment is projected to witness significant growth in the years to come due to its production process optimization and improved workflow efficiency. Circular blades are mostly used in the cutting of meat. The Rapid growth of the meat industry helps to boost segment growth over the forecast period. 

According to Statista, it is anticipated that by 2027, the market value of the meat business will have increased from 897.5 billion US dollars in 2021 to over 1.3 trillion dollars. It is also used in the fruit, milk, nut, and chocolate manufacturing units.

Source: DataM Intelligence Analysis (2023)

Food Processing Blades Market Geographical Share

Owing to Rapid Growth in Food Processing Industry in the Asia Pacific 

By region, the global food processing s market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east and Africa. 

In 2022, the Asia Pacific region accounted for approximately 45% of the market share in the global food processing blades market. India’s food processing sector is growing rapidly due to the change in consumers buying behavior and lifestyle. India’s food processing sector is the world’s biggest sector in the case of food production, processing and supply which is estimated to touch USD 535 billion by 2025-26. 

The growth of the food processing sector is due to the increase in disposable income leading to an increasing appetite for branded food items including food processing India’s food processing sector accounts for over 32% of the total food market.

Food Processing Blades Market Companies 

The major global players include Minerva Omega Group s.r.l, BAADER, Halder Venture Limited, JBT Corporation, Marel, Bettcher Industries Inc., Biro Manufacturing Company., Jarvis India, Bettcher Industries Inc and Hallde. 

COVID-19 Impact on Food Processing Blades Market

Covid Impact

The rapid proliferation of COVID-19 has produced considerable market ambiguity in the global equipment manufacturing sector. Despite the closure of important businesses, governments are adopting precautionary measures to prevent the spread of COVID-19 and reduce the danger of infection, such as segregating civilians and employees. 

As a result of the rapid global closure, the food processing blade market has diminished. As a result, machine manufacturing and food processing have come to a halt. 

Key Developments

  • On March 10, 2022, MRMK launched new blade coating technology at Anuga FoodTec. This new technology has growing demand across the food production and packaging Industry for a longer and more consistent blade performance.
  • On June 10, 2019, GEA launched a meat processing machine in the market. Especially for lean pieces of meat that are subject to drying up while cooking, the MultiJector is an automated brine injection device that will make it simpler for food processors and produce a juicier and more flavorful finished dish. It has a blade speed of up to 700 rpm.
  • On January 31, 2019, Nemco launched a new line of electric food processors. The company completed a partnership with Sweden’s Hallde company for a new product line. It has high blade speed which is easily replaceable.

Why Purchase the Report?

  • To visualize the global food processing blades market segmentation based on product type, application, end-use and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of food processing blades market-level with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as Excel consisting of key products of all the major players.

The Global Food Processing Blades Market Report Would Provide Approximately 61 Tables, 59 Figures and 195 Pages.

Target Audience 2024

  • Manufacturers / Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
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FAQ’s

  • Global Food Processing Blades Market reached USD 915.2 million in 2022 and is projected to witness lucrative growth by reaching up to USD 1,632.2 million by 2030

  • Key players are Minerva Omega Group s.r.l, BAADER, Halder Venture Limited, JBT Corporation, Marel, Bettcher Industries Inc., Biro Manufacturing Company., Jarvis India, Bettcher Industries Inc and Hallde. 
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