Global Slicing Equipment Market – Industry Trends and Forecast to 2029

Global Slicing Equipment Market, By Type (Automatic, Semi-Automatic, Manual), Category (Heavy Duty, Medium Duty, Light Duty), Application (Food Processing Plants, Restaurants, Others) – Industry Trends and Forecast to 2029

Slicing Equipment Market Analysis and Size

Technological advancements have assisted commercial slicing equipment in improving food quality and productivity. The slicing equipment market is highly fragmented, with numerous players. Furthermore, the high adoption of smart solutions for constant bustle and hustle is expected to boost the demand for slicing equipment market.

Data Bridge Market Research analyses that the slicing equipment market was valued at USD 0.60 billion in 2021 and is expected to reach the value of USD 0.83 billion by 2029, at a CAGR of 4.2% during the forecast period of 2022-2029. 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

Market Definition

Slicing equipment is a piece of equipment used to cut foods into various sizes. Food slicing equipment comes in a variety of styles depending on the type of food to be chopped. Food slicers are made of rough die-cast aluminium with an exclusive slanted cutting surface that allows easy slicing. Most slicers have a thickness regulator that can be adjusted from deli-thin to half an inch. Detachable stainless steel blades are ideal for slicing cheese, meat, fruits, and vegetables.

Slicing Equipment Market Dynamics

Drivers

• Expansion of food industry around the world

The growing importance of the food industry around the world is expected to fuel the growth of the slicing equipment market. The popularity of food slicing equipment has increased due to the establishment of new restaurants and the increase in the number of restaurant chains. Furthermore, the food industry emphasizes the importance of not only food quality but also food presentation. As a result, appropriate tools for food presentation are required. This is expected to boost the slicing equipment market.

• Intervention of advanced products in the market

The rising introduction of advanced products is a critical factor driving market growth due to the rising popularity of reality shows such as master chef, top chef, hell's kitchen, iron chef, and chopped, which have revitalised the cooking arena. Also the rising demand for food products due to increasing disposable income, among other factors driving the slicing equipment market.

Opportunities

The rapid development of more durable equipment in various models as per the consumer's need and advancements in technology will further bring various opportunities for the growth of the slicing equipment market in the above mentioned forecast period.

Restraints

However, due to the presence of a large number of local players, the slicing equipment market is highly fragmented. Local players offer the same product at a much lower cost. This may immediately impact the sales of the market's larger players. Local players may not be able to compete with leading manufacturers of food Slicing Equipment in terms of product quality. This factor may limit the growth of the slicing equipment market.

This slicing 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 Slicing 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.

Global Slicing Equipment Market Scope

The slicing equipment market is segmented on the basis of type, category and application. The growth amongst these segments will help you analyse meagre 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.

Type

• Manual Slicing Equipment
• Semi-Automatic Slicing Equipment
• Automatic Slicing Equipment

Category

• Heavy Duty
• Medium Duty
• Light Duty

Application

• Food Processing Plants
• Restaurants
• Others

Slicing Equipment Market Regional Analysis/Insights

The Slicing Equipment market is analysed and market size insights and trends are provided by country, type, category and application as referenced above.

The countries covered in the slicing equipment market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific dominates the slicing equipment market due to the rising food industry along with high demand of the slicing equipment in various economies.

North America is expected to grow in the forecast period 2022 to 2029 because of growth of the economy along with availability of advanced equipment.  

The country section of the report also provides individual market impacting factors and changes in market regulation that impact 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 Slicing Equipment Market Share Analysis

The slicing 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 Slicing Equipment market.

Some of the major players operating in the slicing equipment market are:

• Messermeister (Germany)
• Victorinox AG (Switzerland)
• Dexter-Russell, Inc. (U.S)
• Kai Corporation (Japan)
• Samuel Staniforth (UK)
• TOJIRO Co Ltd (Japan)
• ZWILLING JA. Henckels AG (Germany)
• Friedr. Dick GmbH & Co. KG (Germany)
• KAI USA LTD (U.S)
• Minerva Omega group s.r.l. (Italy)
• Kaltra (Germany)
• MAGURIT Gefrierschneider GmbH (Germany)