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The market research analyst at Technavio predicts that the global potato peeler and slicer equipment market will grow at a CAGR of nearly 8% during the forecast period. One of the primary factors driving the market is the demand for sophisticated designs. Manufacturers currently developing new-age cost saving mechanisms with improved designs that will increase the efficiency of their products and also and improve their profit margins. The demand for automated and single-operation potato peelers and slicers drive the market’s growth. Manufacturers mainly receive inputs from various B2B customers on various factors such as design changes, need for improved quality materials, and factors that will enhance the visual appeal factor for the potato peeler and slicer equipment and focus on developing equipment that caters to their demands.
One of the latest trends that will gain traction in the market is the growing preference for automated potato peeler and slicer equipment. With an increase in the need for automated appliances owing to the present fast life styles, the automated machines which offer faster rewards, and quicker returns are on demand. Features like laser sorters and automated defect removal systems help in saving labor costs, energy and material costs, as well as in improving the quality, accuracy, and precision. The introduction of innovative products with advanced features will attract a huge of number consumers in the coming years, in turn, propelling market growth.
Currently, the global potato peeler and slicer equipment industry’s form and dynamics are varied at different countries and the competition is quite strong. The small and regional players provide advanced products at a much lower price leading to price wars with the international or well-established players. This excessive competition has led to innovations and improved results in the market and the manufacturers compete in terms of price, reliability, size and service. Factors like market conditions, government support and industry development play a major role in the growth of the market players. To survive the competition and improve revenue shares, vendors have the need to differentiate their products based on key constraints like cost, efficiency, load capacity, and shelf capacity becomes important.
Some of the key vendors in the market are:
Other prominent vendors in the market are Boema, FTNON Dofra, Electrolux, Elgento, FAM, Ekko Maskiner, Haith Tickhill Group, IMC, JAS Enterprises, Metcalfe Catering Equipment, Starfit, Tummers Food Processing Solutions, and Univex.
In terms of products, the potato peeler equipment accounted for the highest market share in 2016. There is an extensive range of the product lines that are available in the market with compact design and low maintenance needs to suit the consumer requirements. Manufacturers also offer customizable peelers to cater to the varied needs of the end-users. Most of the consumers prefer automatic potato peelers that are efficient and take up less space. Features like easy to operate, and high rinsing and peeling ratio assure a high demand for potato peelers in the coming years.
Geographically, the Americas held the highest share of the global potato and slicer equipment market in 2016 and is expected to grow higher in the next 5 years. The increased demand for quick meals such as burgers and sandwiches is one of the major factors driving the potato peeler and slicer equipment market in the region.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by end-users
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: Explore Technavio
Tags: kitchen appliances, commercial kitchen equipment, food service companies, food service equipment, food and beverage market size, food market share,
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