Global Industrial Graters Market is valued approximately USD $ million in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2028.

The Industrial Graters also known as shredders can be defined as industrial equipment utilized for grating various food products such as dairy, fruits & vegetables into fine pieces. These graters are available in automatic & semiautomatic variants. Industrial Graters are widely utilized in food processing industry for enhancing food production capacity and overall operating efficiency. The rising demand for ready to eat food products and growing automation in food processing industry as well as increasing penetration of retail food outlets are factors that are accelerating the global market demand.

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For instance, according to Statista – as of 2022, the revenue in read to eat meals category is valued at USD 510 billion, and this amount is projected to grow at CAGR of 6.20% between 2022 and 2027 to reach to USD 688.96 billion by end of 2027. Furthermore, as per Statista – in 2020 the global market for industrial automation was valued at USD 175 billion, and the market is projected to grow to USD 265 billion by 2025. Also, growing number of funding activities from government authorities towards food processing industry as well as increasing emergence of online food services platforms are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high installation cost and preventive maintenance requirement impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Industrial Graters Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of automated grater and increasing consumption of packaged food products in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the food processing units and increasing penetration of retail food chains in the region, would create lucrative growth prospects for the global Industrial Graters Market across the Asia Pacific region.

Major market players included in this report are:

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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Food & Beverage Processing Application:

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