Global Food Belt Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 3.2% from 2020 to 2027, reaching US$ XX Mn.
Global Food Belt Market
Global Food Belt Market: Overview
The Food Belt is conveyor system which carries unpacked or packed food from one place to another place. This belt or conveyor runs by two or more pulleys, these pulleys help the belt to run continuously. The food transportation is done by putting food material on the running belt, this belt carries food from one position to other position of belt. Moreover, these belts can carry cooked as well as uncooked food which is transported within company premises.
Global Food Belt Market: Competitive Landscape
The Yokohoma Rubber
Yokohoma Rubber has their headquarter in Tokyo, Japan. This company was founded in 1917. This company operates under Furukawa Group which has their presence in 120 countries in the world and 26 thousand of employee works under this group. In July 2016, the company was acquired by an Indian company named as Alliance Tire.
Germany based company, CountiTech, started their business in 2004. This company has specialization in rubber and plastic technology. This company also produces parts of automotive, rail industry, Aerospace and other industry. This company operates both online and offline sales channel.
Other prominent player in the global food belt market are THE YOKOHOMA RUBBER CO., LTD., ContiTech AG, Bando Chemical Industries, Ltd., Bridgestone Corporation, Fenner Group Holdings Ltd., Intralox, Sempertrans Conveyor Belt Solutions, Siban Peosa SA, Continental Belting Private Limited, and Elastomerik Belts Private Limited.
Global Food Belt Market 1
Global Food Belt Market: Drivers
Increasing number of food and beverage industries all over the world, region like China, India, Brazil, South Africa and Mexico are showing growth rate and expected to maintain this growth in future. The food and beverage industry tries to find out new ways to reduce processing time for quick production. Thus, the food belt can be a good solution. This belt reduces the operational cost and reduces material loss.
Global Food Belt Market: Region
Geographically, the Food Belt market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region is the leader in the food belt market. Countries like India, China, and Brazil are growing their food and beverage sector increasing demand of food belt. North America and Europe are also prominent players in Global Food Belt market.
Global Food Belt Market: Segmentation
The Global Food Belt Market is segmented By Product Type (Flat Belt, Modular Belt, Cleated belt), By Type (Metal Belt, Polymer Belt, Homogeneous Food Belts, Modular Food Belts, Other Type), by Installation (Light Weight, Heavy Weight), and Region (North America, Europe, Asia Pacific, Middle East &Africa).
The objective of the report is to present a comprehensive analysis of the Global Food Belt Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Food Belt Market dynamics, structure by analyzing the market segments and projects the Global Food Belt Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Food Belt Market make the report investor’s guide.
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Scope of the Global Food Belt Market:
Food Belt Market, By Product Type
• Flat Belt
• Modular Belt
• Cleated belt
Food Belt Market, By Type
• Metal Belt
• Polymer Belt
• Homogeneous Food Belts
• Modular Food Belts
• Other Type
Food Belt Market, By Installation
• Light Weight
• Heavy Weight
Food Belt Market, by Region
• Asia Pacific
• North America
• South America
• Middle East & Africa
Key players operating in Food Belt Market
• THE YOKOHOMA RUBBER CO., LTD
• ContiTech AG
• Fenner Group Holdings Ltd
• Bridgestone Corporation
• Intralox, L.L.C
• Siban Peosa SA
• Continental Belting Private Limited
• Sempertrans Conveyor Belt Solutions GmbH
• Bando Chemical Industries, Ltd.
• Elastomerik Belts Private Limited
• Partners Group (including Ammeraal Beltech and Megadyne Group)
• Continental AG
• Volta Belting
• Wuxi Shun Sheng
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