The Cashew Nut Processing Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Cashew Nut Processing Equipment Market:
According to The Business Research Company’s Cashew Nut Processing Equipment Global Market Report 2024, The cashew nut processing equipment market size has grown strongly in recent years. It will grow from $5.34 billion in 2023 to $5.78 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growing cashew nut consumption, quality and safety standards, globalization of trade, rising consumer awareness, supply chain integration.
The cashew nut processing equipment market size is expected to see strong growth in the next few years. It will grow to $7.94 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to emerging markets demand, automation and industry 4.0, sustainability practices, customization and flexibility, e-commerce growth. Major trends in the forecast period include technological advancements, automation and technology integration, energy-efficient processing, hygienic processing standards, customization for small and medium enterprises (smes).
The increasing popularity of veganism is expected to propel the growth of the cashew nut processing equipment market going forward. Veganism is both a lifestyle and a dietary selection that refrains from utilizing wholly animal-derived products, dairy products, and the products that might be derived from the animals. Cashew nut processing equipment is used to peel the thin skin layer that covers the kernel, which can be further used into various food products . For instance, in March 2022, according to the Plant Based Foods Association, a US-based trade association representing the nation's plant-based food companies, retail sales of plant-based meals in the United States increased by 6.2% in 2021 compared to a record year of growth in 2020, bringing the market value of all plant-based products to an all-time high of $7.4 billion. Currently, 79 million households in the United States, or 62%, buy products made from plants, which is a 61% increase from 2020 (77 million in 2020). Therefore, the increasing popularity of veganism is driving the growth of the cashew nut processing equipment market.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=13205&type=smp
The cashew nut processing equipment market covered in this report is segmented –
1) By Type: Roasting Equipment, Peeling Equipment, Drying Equipment, Shelling Equipment, Sorting And Grading Equipment, Other Types
2) By Operation: Automatic, Semi-Automatic
3) By End-Use: Cashew Nut Processing Plants, Commercial Kitchens
Major companies operating in the cashew nut processing equipment market are focused on developing innovative cashew processing plants, such as automatic cashew processing plants, to gain a competitive edge in the market. An automatic cashew processing plant uses machines to reduce the amount of manual labor required to process raw cashew nuts into finished cashew kernels. For instance, in October 2021, Mekong Tech Group, a Vietnam-based manufacturer of whole-kind cashew machines, launched VN-2022, a new modern automatic cashew processing plant. It is operated automatically from the cleaning process through shelling and separating to tray filling in preparation for filling the tray. The labor required to shell cashews is reduced by 60–70%. It has a modern automatic control system that connects machine systems through SCADA (supervisory control and data acquisition) control systems or ERP (enterprise resource planning) management software. The main elements of the cashew processing factory, such as the cashew steaming and chilling system and the cashew shelling and separating system, are created using the most recent technology available in Vietnam.
The cashew nut processing equipment market report table of contents includes:
- Executive Summary
- Cashew Nut Processing Equipment Market Characteristics
- Cashew Nut Processing Equipment Market Trends And Strategies
- Cashew Nut Processing Equipment Market - Macro Economic Scenario
- Global Cashew Nut Processing Equipment Market Size and Growth
.
.
.
- Global Cashew Nut Processing Equipment Market Competitive Benchmarking
- Global Cashew Nut Processing Equipment Market Competitive Dashboard
- Key Mergers And Acquisitions In Cashew Nut Processing Equipment Market
- Cashew Nut Processing Equipment Market Future Outlook and Potential Analysis
- Appendix
Top Major Players :
- Tomra Systems ASA
- Rotex Manufacturers & Engineers Pvt. Ltd.
- A/S Cimbria
- GELGOOG Machinery Inc.
- Ss Engineering Works Limited
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
UpMarketResearch offers a latest published report on “Global Cashew Nut Processing Equipment Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
Cashew Nut Processing Equipment market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.
The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Learn the required Machinery for Small Scale Cashew processing unit plant.
Find the features and capacity of Automatic Cashew Nut Processing Machine Plant for Small Cashew Factory.
The global Materials Processing Equipment market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019–2025.This report focuses on Materials Processing Equipment volume and value at global level, regional level and company level.
From a global perspective, this report represents overall Materials Processing Equipment market size by analyzing historical data and future prospect.
Regionally, this report focuses on several key regions: North America, Europe, China and Japan.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-materials-processing-equipment-2019-489The following manufacturers are covered:Terex CorporationSturtevant, Inc.KOMATSUKeene EngineeringBrownellsCaterpillarLiebherrBepexGlobalSpecAggregates EquipmentSegment by RegionsNorth AmericaEuropeChinaJapanSegment by TypeBallt MillHammermillsCrushersGrindersOtherSegment by ApplicationMiningConstruction IndustryChemical IndustryFood ProcessingOtherGet the Complete Report & TOC @ https://www.grandresearchstore.com/manufacturing-and-construction/global-materials-processing-equipment-2019-489Table of contentExecutive Summary1 Materials Processing Equipment Market Overview1.1 Product Overview and Scope of Materials Processing Equipment1.2 Materials Processing Equipment Segment by Type1.2.1 Global Materials Processing Equipment Production Growth Rate Comparison by Type (2014–2025)1.2.2 Ballt Mill1.2.3 Hammermills1.2.4 Crushers1.2.5 Grinders1.2.6 Other1.3 Materials Processing Equipment Segment by Application1.3.1 Materials Processing Equipment Consumption Comparison by Application (2014–2025)1.3.2 Mining1.3.3 Construction Industry1.3.4 Chemical Industry1.3.5 Food Processing1.3.6 Other1.3 Global Materials Processing Equipment Market by Region1.3.1 Global Materials Processing Equipment Market Size Region1.3.2 North America Status and Prospect (2014–2025)1.3.3 Europe Status and Prospect (2014–2025)1.3.4 China Status and Prospect (2014–2025)1.3.5 Japan Status and Prospect (2014–2025)1.3.6 Southeast Asia Status and Prospect (2014–2025)1.3.7 India Status and Prospect (2014–2025)1.4 Global Materials Processing Equipment Market Size1.4.1 Global Materials Processing Equipment Revenue (2014–2025)1.4.2 Global Materials Processing Equipment Production (2014–2025)CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
