Food Processing Equipment Market

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Food Processing Equipment Market (Application - Dairy, Alcoholic Beverages, Non-Alcoholic Beverages, Bakery & Confectionery, and Others; End-Product Form - Liquid, Semi-Solid, and Solid; Type - Cutting & Peeling Equipment, Extraction Equipment, Thermal Equipment, Mixer, Blender & Homogenizer, and Others): Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

  • Published : July, 2018

  • Rep Id : FB0103

  • Category : Food & Beverages

  • Status : Published

This report provides exclusive insights into the COVID-19 impact on the Food Processing Equipment Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Food Processing Equipment Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Food Processing Equipment Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.

A recent report published by Infinium Global Research on the food processing equipment market provides an in-depth analysis of segments and sub-segments in global as well as regional food processing equipment market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional food processing equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global food processing equipment market. According to the report the global food processing equipment market is projected to grow at a CAGR of 6.5% over the forecast period of 2018-2024.


Food Processing Equipment Market

 

Market Insight

Food process equipment is available in various components that include dryers, chillers, fryers, mixers, grinders, slicers, and oven. Food process equipment helps to transform a raw good ingredient into the processed food through various physical and chemical means. In addition, the benefits of food processing include toxin removal, preservation, and increasing food consistency. However, processed foods are less susceptible to early spoilage rather than fresh foods because they are better suited for long-distance transportations from source to consumer. Mass production of food is much cheaper overall than individual production of meals from raw ingredients. Therefore, a large profit potential exists for the manufacturers and suppliers of processed food products.

 

Need to offer food products at affordable costs and innovation in the technologies are the major factors driving the growth of the food processing equipment market. In addition, Foods are usually processed to kill harmful bacteria or other microorganisms, to make them safer and for longer shelf life. Moreover, processed foods are obtained from laboratories and not nature. The foods are genetically modified and may cause gastrointestinal disorders, infertility and can damage your organs. This, in turn, is anticipated to hamper the growth of the food processed equipment market. Additionally, factors such as availability of raw materials, changing lifestyles are positively influencing the demand for the food processing equipment market. However, processed foods are obtained from laboratories and not nature. The foods are genetically modified and may cause gastrointestinal disorders, infertility and can damage your organs, which may act as the restraining factor for the growth of the food processing equipment market over the forecast period.

 

Furthermore, an increasing number of women’s in the workforce and an increasing number of nuclear families are leading to the replacement of regular food items with processed food or meals. This, in turn, is anticipated to open several doors of opportunity for the key players in the food processing equipment market over the upcoming years. On the other hand, new technological advancements, the internet of things approach and digitization are boosting the market over the years to come. Nowadays Food processing equipment is often integrated with high-speed packaging and labeling equipment in various industries such as the meat and dairy industry.

 

Among the geographies, the Asia-Pacific region is anticipated to be the fastest-growing market for the food processing equipment market. China accounts for the largest market in the Asia-Pacific region. Significant growth in disposable income and increasing demand for food and beverages is Asian countries have augmented the market growth. On the other hand, rising economy and investment in research and development activities for the food processing equipment are some of the key factors driving the European region. Moreover, in the North American region, the U.S. accounts for the largest market in the food processing equipment market.

 

Some of the prominent players in the global food processing equipment market are Buhler, Tetra Laval, GEA, Anko Food Machine, and Krones. In addition, the Buhler group is the prominent provider of the optical sorter. This company has innovated a significant technology to help frozen vegetables and food processors to achieve the highest food safety and hygiene standard. Moreover, the same company has announced the new innovative technology called SORTEX PolarVision. This product is an FM detection system that delivers an outstanding result from single products to more complex vegetable mixes.

 

Segment Covered

The report on global food processing equipment market covers segments such as application, end-product form, and type. On the basis of application, the global food processing equipment market is categorized into dairy, alcoholic beverages, non-alcoholic beverages, bakery & confectionery, and others. On the basis of the end-product form, the global food processing equipment market is categorized into liquid, semi-solid, solid. On the basis of type, the global food processing equipment market is categorized into cutting & peeling equipment, extraction equipment, thermal equipment, mixer, blender & homogenizer, and others

 

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and others. Moreover, Germany, the U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-Pacific region offers a substantial potential for market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018 - 2024.

 

Companies Profiled:

The report provides profiles of the companies in the global food processing equipment market such as Marel, JBT Corporation, Tetra Laval, Buhler AG, BMA, SPX Corporation, Krones AG, Bucher Industries AG, ALFA LAVAL and GEA Group AG.

 

Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global food processing equipment market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of food processing equipment market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the food processing equipment market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the food processing equipment market to understand the present and future trends in this market and formulate their strategies accordingly.


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