"Data Bridge Market research has recently released expansive research titled Global Food Processing Equipment Market guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market.
The persuasive Food Processing Equipment Market report comprises of strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the market. This market research study lends a hand to the purchaser in comprehending the various drivers and restraints with their effects on the market during the forecast period. The report has been prepared based on the market type, size of the organization, availability on-premises and the end-users’ organization type. Food Processing Equipment Market business report puts across the idea of high level analysis of major market segments and identification of opportunities.
Data Bridge Market Research analyses that the food processing equipment market was valued at USD 88.5 billion in 2021 and is expected to reach the value of USD 148.79 billion by 2029, at a CAGR of 6.71% during the forecast period of 2022 to 2029.
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Food processing equipment is defined as the systems in place that can be deployed for various processing mechanisms that help keep foods edible and nutritious throughout the stages of preparation to consumption. The processing equipment primarily aids in handling, packaging, storing and preserving food while it is being stored or transported from one location to another.
Food Processing Equipment Market Dynamics
Drivers
- Rising population as well as rise in per capita income
Population growth, combined with rising per capita disposable income, is expected to increase demand for meat and poultry and consumption of processed foods, boosting market growth over the forecast period.
- Growing demand in various applications
Due to their inherent advantages, such as quality control, durability, hygiene, and preservation, these systems are widely used in various applications, including bakery and confectionery, meat, seafood, and poultry, dairy, and grains. The product is becoming more common in end-use industries, particularly in Asia-Pacific, where rising domestic manufacturing and consumer income levels drive innovation in this sector.
Opportunity
To improve global food security, one must increase pollution control measures and reduce food losses. Standard and advanced processing equipment can quickly achieve these solutions. Over the forecast period, this is expected to create opportunities for equipment manufacturers.
The food processing equipment market is segmented on the basis of mode of operation, equipment type, equipment use, food type, application and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Frozen Food
- Bakery and Confectionery
- Pasta
- Meat, Poultry and Seafood
- Beverages
- Dairy
- Fruits, Nut & Vegetable
- Grains
- Others
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Food Processing Equipment Market Regional Analysis/Insights
The Asia-Pacific market is experiencing rapid growth due to its expanding economy, expanding industrial base of food processing units driven by rapid urbanization, and increasing demand for convenience food, which is operated by consumers' increasing disposable income and purchasing power.
The region is expected to see a significant increase in demand for advanced food processing machinery that helps reduce processing time and improve manufacturing efficiency. The anticipated increase in the number of food processing units in this region is expected to boost food and beverage processing equipment supply and consumption. This is expected to have a positive impact on the region's food and beverage processing equipment market.
Some of the major players operating in the food processing equipment market are:
- Marel (Iceland)
- GEA Group (Germany)
- Bühler (Switzerland)
- JBT (U.S.)
- The Middleby Corporation (U.S.)
- Heat and Control, Inc. (U.S.)
- Alfa Laval (Sweden)
- TNA Australia Pty Ltd. (Australia)
- Bucher Industries (Switzerland)
- Equipamientos Cárnicos, S.L (Spain)
- Clextral (France)
- SPX FLOW (U.S.)
- Bigtem Makine (Turkey)
- FENCO Food Machinery (Italy)
- Krones Group (Germany)
- Finis Food Processing Equipment B.V. (Netherlands)
- Bettcher Industries, Inc. (U.S.)
- Anko Food Machine Co. Ltd. (Taiwan)
- Heat and Control, Inc. (U.S.)
- BAADER (Germany)
- Dover Corporation (U.S.)
Key points covered in the report: -
- The pivotal aspect considered in the global Food Processing Equipment Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Food Processing Equipment Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Food Processing Equipment Market.
- The Global Food Processing Equipment Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
What to Expect from the Report, a 7-Pointer Guide
- The Food Processing Equipment Market report dives into the holistic Strategy and Innovation for this market ecosystem
- The Food Processing Equipment Market report keenly isolates and upholds notable prominent market drivers and barriers
- The Food Processing Equipment Market report sets clarity in identifying technological standardization as well as the regulatory
- framework, besides significantly assessing various implementation models besides evaluation of numerous use cases
- The Food Processing Equipment Market report is also a rich repository of crucial information across the industry, highlighting details on novel investments as well as stakeholders and relevant contributors and market participants.
- A through market analytical survey and forecast references through the forecast tenure, encapsulating details on historical developments, concurrent events as well as future growth probability
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