Technavio, a tech-focused market research firm, has published a new report on the global potato peeler and slicer market, which is expected to grow at a CAGR of close to 8% during the forecast period, 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global potato peeler and slicer market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global potato peeler and slicer market are elaborated below:
Potato peeler and slicer equipment market in the Americas: The increasing demand for innovative technologies in the Americas is the fundamental driving force behind the growth of the potato peeler and slicer equipment market. Manufacturers based in the region provide energy-efficient and ENERGY STAR-certified potato peeler and slicer equipment to cater to evolving consumer demand and gain market shares.
According to Manjunath Reddy, a lead analyst at Technavio, specializing in research on food, “The demand for high-quality appliances with features such as digital controls and a pre-programmable menu that can be uploaded via universal serial bus, is high in this region. As such, Vanmark Equipment’s potato peeling equipment, which has a 90% energy-efficient motor as a standard feature, is a popular product in the region.”
Potato peeler and slicer equipment market in EMEA: The market for potato peeler and slicer equipment in EMEA is projected to go up with the increasing footfalls in catering units, hotels, and restaurants in the region. Value-added appliances, such as eco-friendly potato peeler and slicer equipment, are likely to drive new purchases in the region during the forecast period. Product innovation is also anticipated to reflect positively on the growth of the potato peeler and slicer equipment market in EMEA.
Potato peeler and slicer equipment market in APAC: The potato peeler and slicer equipment market in Asia-Pacific (APAC) is currently the fastest-growing geographical segment of the global market, and is considered as a prime investment destination by market vendors. This can mostly be attributed to the rapid growth of the fast food service market in countries like India, Japan, and China. The increased demand for fast-food in the region is expected to foster the growth of the potato peeler and slicer equipment market in APAC over the next four years.
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The leading vendors operating in the global potato peeler and slicer market are:
- Hobart
- Kiremko
- Sammic
- TOMRA
- Vanmark equipment
Other prominent vendors in the market include Boema, FTNON Dofra, Electrolux, Elgento, FAM, Ekko Maskiner, Haith Tickhill Group, IMC, JAS Enterprises, Metcalfe Catering Equipment, Starfit, Tummers Food Processing Solutions, and Univex.
A more detailed analysis is available in the Technavio report titled, ‘Global Potato Peeler and Slicer Equipment Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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