The global food processing equipment market is expected to grow at a formidable rate during the forecast period. The market growth can be attributed to the rising applications of food processing across various end-use industries like beverages, dairy, poultry etc. Besides, increasing concerns among consumers regarding food safety and growing demand for convenience food items are expected to drive the market growth. Advancements in food processing industry and innovation in processing technologies are also aiding the market growth. Moreover, growing preference for healthy and functional foods and growing presence of frozen bakery products are increasing the adoption of global food processing equipment market during the forecast period. As demand for automation and robotics in food processing continues to soar, food processors will become increasingly aware of the power of data-driven insights, which would help speed up the process and ultimately boost food processing equipment market in the coming years. Internet of Things (IoT), artificial intelligence (AI), Industry 4.0 and other such technologies are anticipated to further aid the market growth. Enhanced focus of governments and various institutions towards encouraging the use of food processing equipment and high investments by market players to come up with new and improved food products with increased R&D initiatives are expected to fuel the growth of global food processing equipment market.
The global food processing equipment market is segmented into type, mode of operation, end-product form, application, company, and geography. Based on type of equipment, the thermal equipment accounts for the largest market share and is expected to maintain its dominance during the forecast period due to its widespread use across various end-use industries. Based on the application, the bakery & confectionary segment is projected to lead the market owing to the rising demand for ready-to-eat food items. Based on the mode of operation, Semi-Automatic segment is expected to lead the market due to widespread adoptions by manufacturers in developing countries. Asia-Pacific region is projected to grow at the highest CAGR in the forecast period due to the growth of food & beverage industries in emerging economies like India and China.
Some of the leading players in the global food processing equipment market are Bucher Industries, Alfa Laval, GEA Group, Fenco Food Machinery, Krones AG, JBT Corporation, Rexnord Corporation, Marel, SPX Corporation, Buhler AG etc.
Objective of the Study:
- To analyse and forecast the market size of global food processing equipment market, in terms of value.
- To classify and forecast global food processing equipment market based on type, mode of operation, end-product form, application, and regional distribution.
- To identify drivers and challenges for global food processing equipment market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global food processing equipment market.
- To conduct the pricing analysis for global food processing equipment market.
- To identify and analyse the profile of leading manufacturers in the global food processing equipment market.
Download Free Sample Report@
https://www.techsciresearch.com/report/food-processing-equipment-market/2024.html
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Food Processing Equipment manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Food Processing Equipment manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Food Processing Equipment manufacturers across the globe.
TechSci Research calculated the market size of Global Food Processing Equipment Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Food processing equipment manufacturers
- Dealers and suppliers
- Regulatory organizations
- Food processing industries
- Research organizations and consulting companies
- Trade associations
- Food safety associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as equipment manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Global food processing equipment market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global food processing equipment Market, By Type:
- Thermal Equipment
- Mixers Blenders & Homogenizers
- Cutting & Peeling Equipment
- Extraction Equipment
- Others
- Global food processing equipment Market, By Mode of Operation:
- Automatic
- Semi-Automatic
- Global food processing equipment Market, By End-Product Form:
- Solid Form
- Liquid Form
- Semi-Solid Form
- Global food processing equipment Market, By Application:
- Bakery & Confectionery
- Dairy
- Meat & Seafood
- Alcoholic Beverages
- Non-Alcoholic Beverage
- Others
- Global food processing equipment Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
-
-
- Australia
- Singapore
- Malaysia
- Europe
-
- France
- Germany
- United Kingdom
- Italy
- Spain
-
- North America
- United States
- Mexico
- Canada
-
- South America
- Brazil
- Argentina
- Colombia
-
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Food Processing Equipment Market segment.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com
