NEW YORK, United States, April 18, 2023 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Food Processing Blades Market By Product (Straight, Curved, And Circular), By Application (Grinding, Slicing, Dicing, Skinning, Peeling, And Cutting/Portioning), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the demand of global Food Processing Blades Market size & share in terms of revenue was valued at USD 1.0 billion in 2022 and it is expected to surpass around USD 1.8 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 7.5% during the forecast period 2023 to 2030.”
What are Food Processing Blades? How big is the Food Processing Blades Industry?
Food Processing Blades Market Overview:
A food processor is a kitchen tool that makes it quick and simple to carry out time-consuming food preparation tasks including slicing, grinding, chopping, and others. The vital components of the apparatus that aid in converting raw ingredients into food items through chemical and physical processes are food processor blades. There are many different types of food processors, including slicers, roasters, separators, homogenizers, grinders, fryers, ovens, feeders, chillers, mixers, and dryers.
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The beverage business, industrial bakeries, the seafood industry, the dairy industry, and poultry farms are just a few of the industries that use food processing blades. They also are used in the preparation of nuts, milk, fruit, and chocolate. The several automation control operating systems that a food processor offers include drying, freezing, pasteurization, evaporation, cooking, and heating. These blades require delicate handling and effective pressure and temperature control.
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Market Dynamics:
Growth Drivers
- Increased consumer demand for processed foods fuels market growth
In recent decades, the use of processed foods has increased significantly worldwide. The growing world population is a major factor in this increase. The Department of Economic and Social Affairs of the United Nations predicts that by 2050, there will be 9.7 billion people on the planet, up from the 7.3 billion people who called it home in 2015. As a result, compared to consumers in rural areas, urban consumers have access to a far wider choice of food options. The affordability of processed food items is significantly impacted by the trend towards urbanisation, which also significantly contributes to improving living standards and incomes. Consequently, this is anticipated to fuel the growth of the global market for food processing blades during the anticipated year.
Restraints
- The growth of the market is hampered by fluctuating raw material prices
Given that these blades are made of stainless steel, volatility in the price of raw materials is anticipated to restrain market growth throughout the projection period. As an illustration, SteelMint reports that the wholesale price of 2.5-8 mm HRC was Rs 55,250 per tonne as of January 1, 2021; the price rise that took effect on January 5 increased the wholesale price to Rs 58,000 per tonne.
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Report Scope
| Report Attributes | Report Details |
| Report Name | Food Processing Blades Market Research Report |
| Market Size in 2022 | USD 1.0 Billion |
| Market Forecast in 2030 | USD 1.8 Billion |
| Growth Rate | CAGR of 7.5% |
| Number of Pages | 212 |
| Key Companies Covered | Hyde Industrial Blade Solutions, Baucor, York Saw & Knife Co, Inc., Cadence, Inc., Apex Shears Private Limited, Apex Knives Private Limited, ALCON TOOL COMPANY, M.R. Machine Knives Ltd., TGW, AccuTec, Inc., THE ORGANIC COMPANY, Jewel Blade, Dakin-Flathers Ltd, RAZOR BLADE CO., Florida Knife Company, Mercier, Crescent, SIMMONS KNIFE & SAW and Arizona Bag Company LLC among others. |
| Segments Covered | By Product, By Application, And By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2022 |
| Historical Year | 2016 to 2020 |
| Forecast Year | 2023 - 2030 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. |
Food Processing Blades Market: Segmentation Analysis
The global food processing blades industry is segmented based on product, application, and region.
The world market is divided into straight, curved, and circular segments based on the product. Over the course of the projected period, the circular blade segment is anticipated to rule the market. The development of the market sector is attributable to increasing the productivity of the workflow and optimizing the production process. Circular blades have a variety of designs for the processing sector, including beveled edges, smooth edges, notches, teeth, semi-circles, festoons, and involutes. driving the segment's growth over the course of the forecast.
Based on the application, the market is divided into grinding, slicing, dicing, skinning, peeling, and cutting/portioning categories. Due to its effectiveness in reducing the food's particle size, the grinding segment is anticipated to hold the most significant market share during the projection period. In the grinding device, which is preceded by a rotating blade, meat, fruits, vegetables, and other things are pushed through a grinding plate. Additionally, the cutting/portioning application sector is predicted to gain traction over the forecast period due to its effectiveness and widespread acceptance in hotels, restaurants, frozen food providers, and other places.
The global food processing blades market is segmented as follows:
By Product
- Straight
- Single Edge
- Double Edge
- Serrated
- Curved
- Single Edge
- Serrated
- Circular
- Flat Edge
- Beveled Edge
- Scalloped Edge
- Toothed
- Notched
- Semi-circular
- Involute
By Application
- Grinding
- Slicing
- Dicing
- Skinning
- Peeling
- Cutting/Portioning
Competitive Landscape
Some of the main competitors dominating the global food processing blades market include -
- Hyde Industrial Blade Solutions
- Baucor
- York Saw & Knife Co Inc.
- Cadence Inc.
- Apex Shears Private Limited
- Apex Knives Private Limited
- ALCON TOOL COMPANY
- M.R. Machine Knives Ltd.
- TGW
- AccuTec Inc.
- THE ORGANIC COMPANY
- Jewel Blade
- Dakin-Flathers Ltd
- RAZOR BLADE CO.
- Florida Knife Company
- Mercier
- Crescent
- SIMMONS KNIFE & SAW
- Arizona Bag Company LLC
Key Insights from Primary Research:
- According to the analysis shared by our research forecaster, the food processing blades market is likely to expand at a CAGR of around 7.5% during the forecast period (2023-2030).
- In terms of revenue, the food processing blades market size was valued at around US$ 1.0 billion in 2022 and is projected to reach US$ 1.8 billion by 2030.
- The surging investments in food processors to launch innovative products to fulfill the surging demand from consumers are driving the food processing blade market growth.
- Based on the product, the circular blade segment is expected to dominate the market over the forecast period.
- Based on the application, the grinding segment is expected to account for the largest market share during the forecast period.
- Based on region, the Asia Pacific is expected to dominate the market during the forecast period.
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Key questions answered in this report:
- What is the size of the food processing blades market and what is its expected growth rate?
- What are the primary driving factors that push the food processing blades market forward?
- What is the food processing blades Industry's top companies?
- What are the different categories that the food processing blades Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the food processing blades market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Product, Application, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Analysis:
- Asia Pacific is projected to lead the market
Asia Pacific is projected to lead the global food processing blade market. The F&B industry is growing due to urbanization, a big base population, increased health consciousness, rising disposable income, and rising demand for processed food goods in India, China, Indonesia, and Thailand. The India Brand Equity Foundation calls the food processing sector a rising industry.
India exports processed fruits, juices, pulses, guar gum, groundnuts, milling commodities, cereal dishes, oil meals, and alcoholic beverages. In FY22, India exported US$25.6 billion in agricultural and processed food. APEDA exports rose 31% to US$ 7.4 billion in April–June 2022, according to the Directorate General of Commercial Intelligence and Statistics. Exports of processed vegetables and fruits rose 59.1%, cereals and other processed goods rose 37.66%, meat, dairy, and poultry products rose 9.5%, basmati and non-basmati rice rose 25.5%, and miscellaneous items rose 50%. China is predicted to lead the Asia Pacific market.
This country is increasing due to Chinese F&B firms' demand for food processing equipment, a booming food processing industry, and many food and beverage production facilities.
North America will dominate the market. Processing equipment will be needed as fast food demand rises in the U.S., Canada, and Mexico. Middle-class families' shifting lifestyles will boost processed meat demand.
Europe is anticipated to rise quickest. Due to health consciousness among young people, processed and packaged food use, and upper-class society, Europeans eat more meat and fish than others. Growth in population, spending power, and healthy eating habits drive the sector.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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Recent Developments
- In August 2022, AnyMind Group, an end-to-end business enablement company, together with UUUM, a Japanese multi-channel network and creator management and content marketing leader, announced ARAKA, a direct-to-consumer outdoor brand produced through AnyMind Group. Created by UUUM exclusive creator Tsuriyokadesyou, D2C has released its 6th product collection, a series of high-quality kitchen knives made in Tsubame-Sanjo, Niigata Prefecture, as well as cutting boards made of high-tech wood and rubber materials in Japan.
- In June 2019, to increase the yield and quality of beef and poultry products without halting production, GEA introduced a new high-performance system. Especially for lean cuts of meat that are prone to drying out during cooking, the MultiJector is an automated brine injection system that will make it simpler for food processors and produce a juicier and more flavorful finished meal. The most recent model from the company uses a method called maximum "time-in-meat," which means that the needles stay in the product longer during the injection. This improves brine uptake and evens out distribution, which has a significant positive impact on quality, efficiency, and yield.
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