Global Palm Date Processing Equipment Markets, 2012-2019 & 2020-2027 - Market to Reach $49.5 Million

News provided by

Jan 22, 2021, 10:00 ET

DUBLIN, Jan. 22, 2021 /PRNewswire/ -- The "Palm Date Processing Equipment - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Palm Date Processing Equipment Market to Reach $49.5 Million by 2027

Amid the COVID-19 crisis, the global market for Palm Date Processing Equipment estimated at US$35.4 Million in the year 2020, is projected to reach a revised size of US$49.5 Million by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.

Pitting, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$21.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fumigation segment is readjusted to a revised 4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $9.6 Million, While China is Forecast to Grow at 7.6% CAGR

The Palm Date Processing Equipment market in the U. S. is estimated at US$9.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.2 Million by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Packaging Segment to Record 4.8% CAGR

In the global Packaging segment, USA, Canada, Japan, China and Europe will drive the 4.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$5.8 Million in the year 2020 will reach a projected size of US$7.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.6 Million by the year 2027, while Latin America will expand at a 5.8% CAGR through the analysis period.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

Bertuzzi Food Processing Srl
CFT SpA
Greentechnology Srl
Key Technology, Inc.
Pigo S. r. l.
TOMRA Systems ASA

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares
Palm Date Processing Equipment Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

Palm Date Processing Equipment Global Market Estimates and Forecasts in US$ by Region/Country: 2020-2027
Palm Date Processing Equipment Global Retrospective Market Scenario in US$ by Region/Country: 2012-2019
Palm Date Processing Equipment Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Pitting (Segment) World Market by Region/Country in US$: 2020 to 2027
Pitting (Segment) Historic Market Analysis by Region/Country in US$: 2012 to 2019
Pitting (Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Fumigation (Segment) Potential Growth Markets Worldwide in US$: 2020 to 2027
Fumigation (Segment) Historic Market Perspective by Region/Country in US$: 2012 to 2019
Fumigation (Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Packaging (Segment) Geographic Market Spread Worldwide in US$: 2020 to 2027
Packaging (Segment) Region Wise Breakdown of Global Historic Demand in US$: 2012 to 2019
Packaging (Segment) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
Other Segments (Segment) World Market Estimates and Forecasts by Region/Country in US$: 2020 to 2027
Other Segments (Segment) Market Historic Review by Region/Country in US$: 2012 to 2019
Other Segments (Segment) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

Market Facts & Figures
Palm Date Processing Equipment Market Share (in %) by Company: 2019 & 2025
Market Analytics
Palm Date Processing Equipment Market Estimates and Projections in US$ by Segment: 2020 to 2027
Palm Date Processing Equipment Market by Segment: A Historic Review in US$ for 2012-2019
Palm Date Processing Equipment Market Share Breakdown by Segment: 2012 VS 2020 VS 2027

IV. COMPETITION

Total Companies Profiled: 42

For more information about this report visit https://www.researchandmarkets.com/r/79zyui

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

SOURCE Research and Markets