Asia-Pacific Nut Processing Equipment Market, By Product Type (Conveying Equipment, Cleaning Equipment, Drying Equipment, Grading Equipment, Hulling Equipment, Peeling Equipment, Shelling Equipment, Separator Equipment, Sizing Equipment, Slicing Equipment, Sorting Equipment, Roasting Equipment, Coating Equipment/Flavouring Equipment, Packaging Equipment, Others), Nut Type (Almond, Walnut, Pistachios, Peanut, Pecan, Hazelnut, Cashew, Others), Mode of Operation (Automatic, Semi-Automatic), Application (Cleaning, Roasting, Peeling, Cracking, Drying, Shelling, Separating, Slicing, Sorting, Coating/Flavouring, Packaging, Others), End Product (Roasted, Granular, Paste), Distribution Channel (Direct, Retail) - Industry Trends and Forecast to 2030.
Asia-Pacific Nut Processing Equipment Market Analysis and Size
The essential factors contributing to the growth of the nut processing equipment market in the forecast period of 2023 to 2020 include growth and expansion of the food and beverages industry, ever-rising population around the globe, rising consumer consciousness towards high quality, healthy and nutritional food products, surging technological advancements in the food processing equipment.
Data Bridge Market Research analyzes that the nut processing equipment market which was USD 8,857.76 million in 2022, is expected to reach USD 14,728.16 million by 2030, growing at a CAGR of 8.4% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD million, Volumes in Tons, Pricing in USD
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Segments Covered
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Product Type (Conveying Equipment, Cleaning Equipment, Drying Equipment, Grading Equipment, Hulling Equipment, Peeling Equipment, Shelling Equipment, Separator Equipment, Sizing Equipment, Slicing Equipment, Sorting Equipment, Roasting Equipment, Coating Equipment/Flavouring Equipment, Packaging Equipment Others), Nut Type (Almond, Walnut, Pistachios, Peanut, Pecan, Hazelnut, Cashew, Others), Mode of Operation (Automatic, Semi-Automatic), Application (Cleaning, Roasting, Peeling, Cracking, Drying, Shelling, Separating, Slicing, Sorting, Coating/Flavouring, Packaging, Others), End Product (Roasted, Granular, Paste), Distribution Channel (Direct, Retail)
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Countries Covered
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China, Japan, India, Australia, South Korea, Malaysia, Thailand, Indonesia, Singapore, Philippines, Vietnam, New Zealand and Rest of Asia-Pacific
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Market Players Covered
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JBT (U.S.), Key Technology (U.S.), Bühler AG (Switzerland), Lewis M. Carter Manufacturing, LLC (U.S.), The Middleby Corporation (U.S.), Modern Process Equipment Corporation (U.S.), SKOURAS Inc. (Turkey), TabrizKar (Iran), Grossi Fabrications Inc. (U.S.), TOMRA (Norway), Kadioglu Machines (Turkey), JEM Equipment (U.S.), AC Horn Manufacturing (U.S.), Savage Equipment (U.S.), Wizard Manufacturing (U.S.), Momtazan Ind. Co. (Iran), ELIAS NOTTAS & CO (BIONOT) (Greece), Maseto Technologies S.L.U. (Spain), Ghazarian Welding Inc. (U.S.), BORRELL U.S. Corp. (U.S.)
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Market Opportunities
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Market Definition
Nut processing equipment is a type of food processing machinery that is specifically designed to process the nuts by removing their hard shells. The nut processing equipment or machinery is used to process the raw nuts in consumable ones. The equipment reduces the dependence over human labour and performs the required operations with greater efficiency.
Asia-Pacific Nut Processing Equipment Market Dynamics
Drivers
- Increasing consumer demand for nuts
The growing consumer preference for healthy snacks and the recognition of nuts as a nutritious food source drive the demand for nut processing equipment. Nuts are also gaining popularity as ingredients in various food products, further boosting the market.
- Rising awareness for health and wellness
The increasing awareness of the health benefits of nuts, including their contribution to heart health and weight management, has led to a higher demand for processed nut products. The increasing consumption of nuts worldwide, driven by factors like urbanization, changing dietary habits, and rising disposable incomes, spurs the need for efficient processing equipment to meet demand.
Opportunities
- Sustainability and environmental concerns
The emphasis on sustainable and environmentally friendly practices has led to the development of equipment that reduces waste and energy consumption, aligning with consumer preferences and regulatory requirements.
- Increasing vegan and vegetarian diets
As more people embrace vegan and vegetarian diets, the demand for nut-based products as meat substitutes or plant-based protein sources continues to grow, necessitating nut processing equipment.
Restraints/Challenges
- Requirement of high initial investments
Nut processing equipment can be expensive to purchase and install, which can be a barrier for smaller companies and start-ups looking to enter the market. Moreover, ongoing maintenance and repair costs for nut processing equipment can be significant. Regular servicing and replacement of parts are necessary to ensure the equipment operates efficiently and safely.
- Raw material supply issues
Availability and quality of raw nuts can vary from year to year, impacting the production capacity of nut processors and, consequently, the need for processing equipment. In addition, skilled labor is required to operate and maintain nut processing equipment. Labor costs, including salaries and benefits, can significantly impact the overall operational expenses.
This nut processing equipment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the nut processing equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In October 2023, Key Technology, a member of the Duravant family of operating companies, introduces their new vibratory conveying systems designed to feed pick-and-place robots on packaging lines. Each series of integrated conveyors meters, separates, singulates and/or aligns product, depending on the application, to provide the optimal product separation, speed and orientation for ideal presentation to the robotic system for pick-up. By minimizing hand packing, these new systems help increase production efficiency, reduce labor and improve sanitation.
Asia-Pacific Nut Processing Equipment Market Scope
The nut processing equipment market is segmented based on product type, nut type, mode of operation, application, end product, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Conveying Equipment
- Cleaning Equipment
- Drying Equipment
- Grading Equipment
- Hulling Equipment
- Peeling Equipment
- Shelling Equipment
- Separator Equipment
- Sizing Equipment
- Slicing Equipment
- Sorting Equipment
- Roasting Equipment
- Coating Equipment/Flavouring Equipment
- Packaging Equipment
- Others
Nut Type
- Almond
- Walnut
- Pistachios
- Peanut
- Pecan
- Hazelnut
- Cashew
- Others
Mode of Operation
- Automatic
- Semi-Automatic
Application
- Cleaning
- Roasting
- Peeling
- Cracking
- Drying
- Shelling
- Separating
- Slicing
- Sorting
- Coating/Flavouring
- Packaging
- Others
End Product
- Roasted
- Granular
- Paste
Distribution Channel
- Direct
- Retail
Asia-Pacific Nut Processing Equipment Market Regional Analysis/Insights
The nut processing equipment market is analyzed and market size insights and trends are provided by product type, nut type, mode of operation, application, end product and distribution channel as referenced above.
The countries covered in the nut processing equipment market report are China, Japan, India, Australia, South Korea, Malaysia, Thailand, Indonesia, Singapore, Philippines, Vietnam, New Zealand and Rest of Asia-Pacific.
China is expected to dominate as well as grow with the fastest growth rate in the nut processing equipment market owing to the growing demand for cashews, almonds and walnuts, ever-rising population base and increasing personal disposable income.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Nut Processing Equipment Market Share Analysis
The nut processing equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to nut processing equipment market.
Some of the major players operating in the nut processing equipment market are:
- JBT (U.S.)
- Key Technology (U.S.)
- Bühler AG (Switzerland)
- Lewis M. Carter Manufacturing, LLC (U.S.)
- The Middleby Corporation (U.S.)
- Modern Process Equipment Corporation (U.S.)
- SKOURAS Inc. (Turkey)
- TabrizKar (Iran)
- Grossi Fabrications Inc. (U.S.)
- TOMRA (Norway)
- Kadioglu Machines (Turkey)
- JEM Equipment (U.S.)
- AC Horn Manufacturing (U.S.)
- Savage Equipment (U.S.)
- Wizard Manufacturing (U.S.)
- Momtazan Ind. Co. (Iran)
- ELIAS NOTTAS & CO (BIONOT) (Greece)
- Maseto Technologies S.L.U. (Spain)
- Ghazarian Welding Inc. (U.S.)
- BORRELL U.S. Corp. (U.S.)
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