Root Peeling Machines Market Report Overview
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The global root peeling machines market size is expected to be USD 106.6 million in 2022 and is expected to touch USD 133.5 million by 2028, at a CAGR of 3.8% during the forecasted period.
The root peeling machines market is broken down into several segments, such as less than 2000 Kg/h, 2000-10000 Kg/h, and others. Root peeling machines peel potatoes and various root vegetables, such as carrots, red beets, swedes, pumpkins, and others. Vegetable washing and cleaning machines are designed for peeling, polishing, and cleaning root crops and fruits. Using a brush and abrasive rollers in the devices allows the processing of different vegetables, thus achieving the final product. Therefore, consumers are demanding root peeling machines for the industrial processing of vegetables.
The root peeling machines market research for the B2B chain is being boosted by a growing focus on digital experiences, the increasing popularity of specialized B2B online markets and platforms, and the transition of retail enterprises from physical setups to online operations. Therefore, during the forecasted period, the root peeling machines industry is predicted to develop owing to the growing use of machine learning, data mining, and artificial intelligence for identifying millions of data points across various channels.
COVID-19 Impact: Lockdowns and WFH Restrictions Boosted Market Demand
The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels post the pandemic. The market is expected to see a rapid increase in the supply, production, and need for root machines during the forecast period. The global COVID-19 pandemic was unprecedented & staggering, with root peeling machines experiencing higher-than-anticipated demand across all regions compared to pre-pandemic times.
Due to the shutdown of hotels, restaurants, and the hospitality sector during the pandemic, the market experienced an unprecedented demand boom as people could not go out and offices were shut. This led to the adoption of peeling machines by work-from-home employees in large quantities. The soaring demand for the devices by homemakers further propelled the market share and growth, leading to profits and revenues for investors.
LATEST TRENDS
"Demand in Hospitality and Commercial Sectors to Lead Growth"
The peeling of fruits and vegetables manually is a time-consuming and intensive procedure. Thus, peeling machines in commercial kitchens and hotels can reduce the workload of chefs by working faster and more efficiently than manual peelers. Peeled fruits and vegetables are put into soups, sauces, salads, and other dishes that need preparation before cooking to taste fresher and more nutritious. The peelers are also used to make fruit bars and snacks at restaurants. Thus, these factors will drive market growth and share of the industry.
Root Peeling Machines Market Segmentation
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- By Type
The market is subcategorized into types and consists of 300-500 kg/h, 500-1000 kg/h, 1000-1500 kg/h, 1500-3000 kg/h, and above 3000 kg/h.
- By Application
The market is subcategorized based on other applications in vegetable processing plants, french fries processing plants, restaurants, and others.
DRIVING FACTORS
"Availability of Resources and Production to Increase Consumer Demand "
The worldwide root vegetable peeling machine market will continue to witness steady growth over the forecast period. The significant factors driving this market are high demand due to convenience, shifting demographics, and increasing global awareness about healthy eating habits. The raw material availability, such as potatoes and beetroots, will also expand the market over the period. Other significant drivers are the increasing production levels worldwide and consumer preference for frozen vegetables over fresh ones.
"Resumption of Industrial Activities to Drive Market Growth"
The resumption of industrial activities worldwide will drive the root peeling machines market growth and share as leading industrial players and manufacturers launch innovative technological products. Significant mergers, collaborations, partnerships, and acquisitions in the North American region will lead the market, thus increasing worldwide revenues and profits. The growing consumer and industrial demand for commercial purposes is also a significant factor aiding the market.
RESTRAINING FACTORS
"Decline of Agricultural Land to Hamper Market Growth"
A decline in land and agricultural area devoted to farmers' agricultural activities is a significant factor that will hamper this industry's growth, share, and potential during the forecast period. This is owing to the scarce supply of raw materials and supplies, which could lead to price fluctuations, inflations, and decreasing disposable consumer income, thus affecting product prices negatively and impacting manufacturers' competitiveness and investors worldwide.
Root Peeling Machines Market Regional Insights
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"Europe to Lead Market Share and Sales Owing to Production Expansion"
The European region will lead the root peeling machines market share and sales owing to the production capacity and expansion of manufacturers in the area. The rising disposable consumer income, decreasing inflation, and resumption of industrial activities in the region and developed countries is also significant factor that will spur the market demand and growth of the product, leading to profits and revenues for important industrial players.
KEY INDUSTRIAL PLAYERS
"Rising Production Abilities to Propel Market Share "
The report analyzes various leading market players in the industry, and the information is published after research, analysis of trends, key industry developments, initiatives, and technological developments and innovations. The report also includes research on companies, technical outcomes, and newly emerging industries' impact and risks. After a comprehensive analysis, the study considers all the points, thus generating future possibilities for the root peeling machines industry. Therefore, the factors specified in the report are subject to manipulation as the dynamics and situation of the market change.
List of Market Players Profiled
- Hobart (U.S.)
- Kiremko (Netherlands)
- Sammic (Spain)
- TOMRA (Norway)
- Vanmark (U.S.)
- FTNON (Netherlands)
- DORNOW (Germany)
- Haith Tickhill Group (England)
- CFT Packaging (U.S.)
- FORMIT (Ekko Maskiner) {Denmark}
- Turatti (Italy)
- Forsfood Oy (Finland)
- Finis (U.S.)
- Sormac (Netherlands)
- Qingdao Shunyu (China)
INDUSTRY DEVELOPMENT
March 2022: Kiremko B.V., the leading peeling machine manufacturer, has announced the issuance of a significant patent to it by the U.S. Patent Office that covers a system for steam peeling products having skin. This unique innovation is visible in the peeling vessel of the market-leading Strata Invicta steam peeler, developed by the worldwide operating company and its partner Idaho Steel. This development will significantly boost the company's revenues and shares.
REPORT COVERAGE
The report examines elements that will affect the demand & supply and estimate dynamic forces for the forecasted period. After evaluating the market and industry factors thoroughly, the report provides an extensive, comprehensive SWOT and PEST analysis. The information estimates all the factors mentioned, taken into consideration after thorough research and analysis. The report also includes information on segmentation, market trends and the latest worldwide developments, key industry mergers and acquisitions, and an analysis of the risks of the root machines industry. The report lists the worldwide leading industrial players and the regions that will experience growth during the forecast period.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 106.6 Million in 2022 |
Market Size Value By |
US$ 133.5 Million by 2028 |
Growth Rate |
CAGR of 3.8% from 2022 to 2028 |
Forecast Period |
2022-2028 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
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1. What value is the root peeling machines market expected to touch by 2028?
- The global root peeling machines market is expected to touch USD 133.5 million by 2028.
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2. What is the CAGR the root peeling machines market expected to exhibit by 2028?
- The root peeling market will exhibit a CAGR of 3.8% by 2028.
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3. What are the root peeling machines market's driving factors?
- The market's driving factors are demand by the hospitality sector, availability of resources and raw materials, and the resumption of industrial activities.
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4. What are the leading companies operating in the market?
- Hobart, Kiremko, Sammic, TOMRA, Vanmark, FTNON, DORNOW, Haith Tickhill Group, CFT Packaging, FORMIT (Ekko Maskiner), Turatti, Forsfood Oy, Finis, Sormac, Qingdao Qi Shu Yun are the leading players in the market.