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Food Processing & Handling Equipment Market Worth $196.6 Billion by 2025 - Exclusive Report by MarketsandMarkets™
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Of the various equipment types, the food processing equipment segment is estimated to dominate the market in 2019. Companies are focusing on product innovations and providing innovative machinery to cater to the increasing demand from customers. The demand for food processing & handling equipment is growing with the growth of the food industry owing to the increasing consumption of foods such as meat products, bakery & confectionery products, prepared foods, and convenience foods. New technologies, such as non-thermal processing, are also being developed to support the manufacturing process by reducing production time, ingredient & food waste, and overall cost.
The growing demand for convenience food products is one of the major drivers that has affected a surge in demand for food processing & handling equipment for the meat & poultry industry. The preference for convenience food products, including meat and poultry, is increasing due to busy life schedules of people and the increasing working women population. The demand for convenience food products has surged, as they are easy to cook and consume less time, which, in turn, has boosted the demand for meat & poultry processing equipment market during the forecast period. The growing number of organized retailers is increasing the sale of ready-to-eat meals, including meat and poultry food products, which, in turn, is fueling the demand for food processing & handling equipment for the meat & poultry industry.
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Asia Pacific is estimated to account for the largest market share in the market in 2019. Key factors such as industrialization, growing middle-class population, rising disposable income, changing lifestyles, and the rising consumption of processing and packaged products are expected to drive the demand for food processing & handling equipment market during the forecast period. The increasing disposable incomes, growing population, busy lifestyles, and shift in the focus toward convenience foods and instantly processed foods are some of the key trends influencing the growth of the food processing & handling equipment market in
Asia Pacific . As a result, the next few years is likely to see continued growth in the sector's performance.
This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the food processing & handling equipment market. The key players in the food processing & handling equipment market include GEA ( Germany ), Buhler Ag ( Switzerland ), Alfa Laval ( Sweden ), JBT Corporation (US), SPX FLOW (US), Robert Bosch ( Germany ), IMA Group ( Italy ), Middleby Corporation (US), and Dover Corporation (US), Robert Bosch ( Germany ), IMA Group ( Italy ), Tetra Laval ( Switzerland ), Multivac ( Germany ), Middleby Corporation (US), Welbilt, Inc. (US), and Electrolux ( Sweden ).
by Type (Processing, Pre-Processing), Application (Bakery & Confectionery, Meat & Poultry, Dairy, Alcoholic & Non-Alcoholic Beverages), Mode of Operation, End-Product Form, and Region - Global Forecast to 2023
https://www.marketsandmarkets.com/Market-Reports/food-processing-equipment-market-121668697.html
by Technology (Controlled, Active, Intelligent, Aseptic, and Biodegradable), Material (Metal, Glass & Wood, Paper & Paperboard, and Plastics), Equipment, Application, and Region - Global Forecast to 2023
https://www.marketsandmarkets.com/Market-Reports/food-packaging-technology-equipment-market-171847215.html
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