In 2022, the market for ice cream production equipment was expected to be worth approximately US$ 9.3 billion. Consumers enjoy eating ice cream while watching entertainment, thus when entertainment demand rises, technical developments and an increase in the population’s spending power also do. With a CAGR of 3.5% from 2023 to 2033, it should have generated US$ 13.6 billion by 2023.
Ice cream without preservatives or synthetic flavors that is created with ingredients that are organic and natural is becoming more and more popular with consumers. The market for ice cream processing equipment is driven by this development. The processing of natural flavors and components, such as fruit and vegetable extracts, is being developed by manufacturers in order to provide healthier and more organic ice cream products. Manufacturers are investing in technologies that can lessen waste and the environmental effect of ice cream production, and there is also a rising focus on ecological manufacturing processes and packaging solutions.
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The ice cream processing equipment industry has experienced a number of technical developments recently to increase productivity, decrease waste, and satisfy shifting consumer preferences. New freezing techniques are being developed by manufacturers to produce ice cream with better consistency as well as texture. Manufacturers additionally invest money on robots and automation to increase production efficiency and cut labor expenses.
Key Takeaways from the Market Study
- The ice cream processing equipment market had slow development between 2018 and 2022, with a CAGR of 2.7%.
- In 2022, it was predicted that the hard ice cream production equipment category will hold a 45.2% market share.
- The automatic ice cream processing equipment sector is anticipated to maintain its lead as the most popular operating type with a 35% share in 2022, with the continuous freezers segment positioned to grow at around 4.6% CAGR through 2033.
- The United States market is anticipated to rise steadily, registering a CAGR of 3.64% over the projected period.
- A 3.9% CAGR is predicted for the Chinese market for ice cream processing equipment over the forecast period.
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“Customers are increasingly looking for ice cream manufactured with organic and natural ingredients that does not include any additives or any artificial flavors. The market for ice cream processing equipment is driven by this trend,” remarks an FMI analyst.
Competitive Landscape
Companies involved in the industrial hoses sector in China are trying to introduce new goods, secure new supply agreements, and form strategic alliances to increase their product production capacity and meet the demand of a growing customer base.
Prominent players in the ice cream processing equipment market are:
- ROKK Processing Ltd
- Tetra Pak Processing Equipment GmbH
- Gram Equipment A/S
- CARPIGIANI Group
- Guangzhou Guangshen Electric Produce Co. Ltd.
- Goma Engineering Pvt. Ltd.
- ALFA LAVAL
- Technogel SPA
- Vojta SRO
- CATTA 27 SRL
- Ice group
- GEA Group Aktiengesellschaft
- TEKNOICE SRL
- Laeif SRL
- Nanjing Puyuan Ice Cream Machinery Manufacturing Co. Ltd.
- Others
Some key developments of the leading companies in this market are:
- In February 2022, GEA Group AG announced its takeover of Italian ice cream equipment provider STC Srl in order to strengthen its foothold in the ice-cream processing equipment industry.
- Carpigiani, a leading maker of modern American-style ice cream equipment, confirmed the opening of a new factory in July 2021 to produce batch freezers as well as soft serve machines. Carpigiani is an Ali Group Company.
- Gram Equipment is always working to diversify its offering of cutting-edge products. They keep improving their extrusion technologies as new ice cream trends emerge. Ice cream production with complex flavor combinations and substantial inclusions is now simpler than ever. The same is true for dairy-free goods, which require extremely efficient cleaning methods.
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More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global ice cream processing equipment market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the ice cream processing equipment market, the market is segmented on the basis of fiber by product type (soft ice cream processing equipment, hard ice cream processing equipment), equipment type (mixing equipment, continuous freezers, filling freezers), operation (automatic, semi-automatic) and across five major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and Middle East and Africa).
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