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Legalized Cannabis Industry to Play a Vital Role in Confectionery Processing Equipment Market Growth

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Palli Prapul
Legalized Cannabis Industry to Play a Vital Role in Confectionery Processing Equipment Market Growth

3D printing technology has revolutionized operations in numerous industries including automotive, construction, and textiles. The latest addition to the list of industries is the F&B sector, where edible 3D printing is becoming a major trend for food processing. Since the technology is at a nascent stage, ingredients only in the form of paste are compatible with food 3D printers. As the most compatible ingredients are chocolate, pancake batter and cream, the sweet confections processing equipment market is leveraging the most of this technology and introducing innovative products such as cotton candy machine, chocolate machine, and candy making machine. For instance, the foremost market player GEA Group AG recently launched The GEA Aquarius 3D PopLine, which is a fully automated line, designed to form, cool and wrap 3D lollipops at the speed of 600 units per minute. It also offers center filling and specific coloring options. As food 3D printing enables optimization of time along with specific customization of products, the confectionery production sector is creating abundant demand for such equipment.

Another pivotal factor positively influencing demand for food 3D printers in the confectionery processing equipment market is the trend of ‘personalized confectionery’. One of the largest confectionery brands globally, Cadbury Company launched the very first Cadbury Dairy Milk ‘milk chocolate 3D printer’, in celebration of World Chocolate Day on July 7, 2019. Mondelez International, in collaboration with 3P Innovation, has designed this innovative confectionery processing equipment for Cadbury to process chocolate confectionery of specific letters, shapes and symbols. Similarly, after tracing tremendous opportunities for ‘personalized confectionery’ in global market, Katjes Fassin UK Ltd, a business supplies and equipment company has launched the world’s first 3D gummy candy printer. The equipment is marketed under the brand name of ‘The Magic Candy Factory’ and processes vegan, gluten-free & dairy free products. The equipment is mobile, and thus, a big hit with consumers as it allows individuals to create shapes, write messages and even draw their own custom candies instantly. Consequently, such innovative products have alleviated the application vertical of confectionery processing equipment market from mere commercial confectioners, and has opened up the market towards private consumers as well. Another example of 3D printed confectionery comes from the global chewing gum market. In 2017, German biotech company Wacker Biosolutions launched its Candy2gum (hybrid of candy and gum, the chewy candy and turns into a gum) technology that includes a 3D printing process. Integration of 3D printing technology will assist in enhancing the texture and mouthfeel of confectionery, along with increasing opportunities for innovating with a wider range of flavors.

Traditional plastic packaging owing to ecological hazards impacts the eco-friendly front on which the modern confectioners are marketing their products. Environmentally conscious business practices add value to enterprises, including confectionery businesses. Germany-based packaging group Schubert Packaging Systems GmbH is all set to showcase its equipment for environmental-friendly packaging of confectioneries which comply with the new European Packaging Act at the FachPack 2019, a European trade fair for packaging, processing and related technologies. The company is also leveraging 3D tools for packaging of intricate and complex shaped confectioneries. The company has already launched the ‘Cartonpacker’, a machine that uses cardboard instead of packaging film for packaging of 200 gm chocolate bars. Since packaging is an integral constituent of confectionery processing, such developments towards adapting ecological practices is a disruptive force in the confectionery processing equipment market. The global confectionery processing equipment market size was evaluated to be $4.72 billion in 2018. Innovations such as food 3D printer, 3D printed chewing gum, personalized confectionery and environment friendly packaging has revolutionized the market, which is estimated to be progressing at a CAGR of 6.81% during the forecast period of 2019-2025.

Confectionery processing equipment market players bet on booming cannabis industry; consumer preference driving demand for cannabis infused gums and chocolates:

In recent years, cannabis have been legalized for use in medical science and revolutionized therapeutics of several diseases including chronic pain. Similarly, due to the excitement around legalized marijuana, the cannabis industry is dwelling into the F&B sector, particularly confectionery. For instance, Savage Bros. Co., a candy machine manufacturer stated that around $500,000 of their equipment sales revenue were generated from the cannabis industry players in 2018. Chocolate confectionery infused with cannabis is a major trend, creating additional sales opportunities for the confectionery processing equipment market.

The global chewing gum market is also capitalizing on the ‘medicinal marijuana’ hype, and has added ‘medicinal cannabis chewing gum’ to its functional gums category. U.S.-based AXIM Biotechnologies has developed a chewing gum for patients suffering from Restless Leg Syndrome (RLS) that includes a non-psychoactive component of cannabis and psychoactive cannabinoid. Similarly for therapeutic application, Swedish pharmaceutical company Enorama Pharma AB is manufacturing medicinal chewing gum with cannabinoids, with their registered ChewMed®-technology. All these innovations in the cannabis industry centered on confectioneries is creating demand in the confectionery processing equipment market. Moreover, at the Process Expo to be held in October 2019, the global food equipment and technology show organized by the Food Processing Suppliers Association (FPSA), several sessions and seminars will be dedicated towards cannabis edibles. This conspicuously evinces the rate of acceptance of legal cannabis in the F&B sector.

U.S. confectionery retail sales touch $36 billion; manufacturing exports reach $1.8 billion:

The candy industry is pivotal to the U.S. economy, with a contribution of over and above $44 billion. The confectionery industry is omnipresent in all the 50 states of the U.S. with 1,300 manufacturing facilities.

In 2018, the U.S. confectionery industry generated $36 billion in retail sales, with $1.8 billion in manufacturing exports. It is also to be noted that a majority of confectioners are levering the established e-commerce sector in the U.S. The Hershey Company has confirmed that e-commerce is the fastest growing platform for its business. As a consequence, North America is the most lucrative marketplace for confectionery processing equipment, and held 40% share of the global share in 2018, and is likely to sustain its lead due to strong attendance of confectioners. The U.S. hosts some of the leading confectionery companies in the world including Mars Inc., Wrigley Company, Mondelez International and The Hershey Company.

Since the global as well as North American confectionery market is flourishing, these international enterprises are constantly expanding their lines of production, concurrently adding impetus to the confectionery processing equipment market demand in North America. For instance, The Promotion in Motion Companies, Inc. announced in 2019 plans to add 80,000 sq.ft. to its Cottontail Lane factory in the U.S. This expansion, worth more than $30 million, is estimated to have the capability to manufacture 50 million pounds of products more annually. Similarly in 2018, Mars Wrigley Confectionary made an investment of $142m in one of its facilities in the U.S, focused on updating equipment and technology along with innovating with packaging solutions. The company has already invested $1 billion over the past five years in the U.S. in commitments to increase manufacturing processes in this region. Hence, the established confectionery industry in the U.S. with 1,300 facilities amalgamated with expansions of several manufacturing units is a pivotal factor influencing the North American confectionery processing equipment market demand.

Confectionery Processing Equipment Market Companies:

Some of the key players operating in the global market are Robert Bosch GmbH, Bühler AG, GEA Group, Alfa Lava AB, John Bean Technologies Corporation (JBT), Aasted ApS, BCH Ltd, Tanis Confectionery, Baker Perkins Limited, Sollich KG, Heat and Control, Inc., and Rieckermann GmbH.

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Related Reports:

1.Bakery Processing Equipment Market

https://www.industryarc.com/Research/Bakery-Processing-Equipment-Market-Research-504893

2.Food & Beverage Processing Equipment Market

https://www.industryarc.com/Research/Food-Beverage-Processing-Equipment-Market-Research-504450

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