Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global
food processing and handling equipment market makes an offering of in-depth
analysis of segments and sub-segments in the regional and international market.
The research also emphasizes on the impact of restraints, drivers, and macro indicators
on the regional and global food processing market over the short as well as
long period of time. A detailed presentation of forecast, trends, and dollar
values of the global market is offered. In accordance with the report, the food
processing equipments market is projected to expand at a CAGR of 6.3% over the
period of forecast.
Market Insight, Drivers,
Restraints & Opportunity of the Market:
People’s busy
lifestyle has caused the demand for immediate packaged foods to rise as the
need for food to last for longer days is ever increasing. As the capacity to
manufacture food explodes worldwide, the need for processing equipments is
increasing day by day. Food processing equipment is a term which covers the
components of cooking, hydrating, drying, storing and packaging food products
to increase the taste, consumability, shelf life and ease of digestion. That
brings us to this analysis.
A wide range of
food processing and handling equipment is used for a range of purposes that are
washing, baking, freezing, and boiling depending on the demand of the
operation. These machines are designed such to operate with solid, semisolid or
liquid food products continuously, or in a batch. In emerging economies,
expanding food industries supports the growth of the processing equipments
market. Equipment manufacturers install robotic technologies to ensure
precision in quality and hygiene of food processed. As people are shifting to
fast paces urban lifestyles, convenience meals are facing an uprising demand
hike. This holds for emerging countries as well.
Due to the
ongoing pandemic, governments across the world are imposing stringent laws
about food hygiene and processing. Thus an increased responsibility and
workload has become a restraint for small scale manufacturers due to minimal
funding that they receive. The increase in the number of food borne diseases
poses a threat too, and these above mentioned points are some restraining
factors to the growth of the food processing and handling equipment industry.
The IMA Group
uses several types of machines for their food packaging and processing industry
with the techniques of forming, labeling, filling and sealing to pack and store
foods. Multivac, a German company, uses thermoform machines which are great in
terms of operation, process reliability, flexibility and efficiency. Multivac
supplies integrated solutions with high degree of expertise in application to
make sure that packaging results are up to the mark. The machines are thus
matched with the packaging materials and it is ensured that the product and
machine interaction is taken into consideration. There have been recent
investments to incorporate IoT and AI in the R&D sectors of the food
processing equipments industry. This collaboration has raised the opportunities
of growth of this market. Around 40,000 food processing units were present in
India in 2019, which provides great promise to boost the growth for other
companies in this industry.
Segment Covered:
This market
intelligence report on the global food processing equipments market is
segmented based on equipment type, form, application, and country/regions.
In terms of equipment type, the global food processing
and handling equipment market
is segregated into
·
Food
Processing equipment
o Pre-processing equipment
§ Sorting & grading
§ Cutting, peeling, grinding, slicing, and
washing
§ Mixing and blending
o Primary processing equipment
§ Forming equipment
§ Extruding equipment
§ Coating equipment
§ Drying, cooling, and freezing
§ Thermal equipment
§ Homogenizer
§ Filters
§ Pressing
·
Foodservice
equipment
o Cooking equipment
o Refrigeration & storage equipment
o Food preparation equipment
o Warewashing equipment
o Serving equipment
·
Food
Packaging equipment
o Form-fill-seal
o Filling & dosing
o Cartoning
o Case packing
o Wrapping & bundling
o Labeling & coding
o Inspecting, detecting, and check weighing
machines
By form, the global food processing and
handling equipment market
is also classified into,
§ Solid
§ Liquid
By application, the global food processing and
handling equipment market
is also classified into,
§ Bakery & confectionery products
§ Meat & poultry products
§ Dairy products
§ Alcoholic beverages
§ Non-alcoholic beverages
§ Fish & seafood products
§ Others (fruits, vegetables, ready-to-eat meals,
sauces, dressings, and condiments)
By country/region, the global food processing and
handling equipment market has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ GEA
§ Buhler AG
§ JBT Corporation
§ Alfa Laval
§ Electrolux
§ Middleby Corporation
§ Tetra Laval
§ Multivac
§ Robert Bosch
§ IMA Group
§ SPX Flow
§ Others
Other players
have been profiled into detail so as to offer a glimpse of the market leaders. Moreover,
parameters such as food processing and handling equipment market related
investment & spending and developments by major players of the market are
tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that,
Growth Matrix analysis is also provided in the report so as to share insight of
the investment areas that new or existing market players can take into
consideration. Various analytical tools such as DRO analysis, Porter's five
forces analysis has been used in this report to present a clear picture of the
market. The study focuses on the present market trends and provides market
forecast from the year 2020-2028. Emerging trends that would shape the market
demand in the years to come have been highlighted in this report. A competitive
analysis in each of the geographical segments gives an insight into market
share of the global players.
Salient Features:
Ø
This study
offers comprehensive yet detailed analysis of food processing and handling equipment market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains
upcoming revenue opportunities across various market segments and attractive
matrix of investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market
opportunities, restraints, drivers, launch of new products, competitive market
strategies of leading market players, emerging market trends, and regional
outlook
Ø
Profiling of
key market players in the market of food processing
and equipments is done by
taking into account various parameters such as company strategies, distribution
strategies, product portfolio, financial performance, key developments,
geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as GEA, Tetra Laval,
Multivac, Robert Bosch, IMA Group and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for food processing
and handling equipment caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for the
market. The research also caters to the rising needs of
consulting and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies has been taken into consideration before coming to
a conclusion.
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the food processing and handling equipment market
v
Identification
of key factors driving investment opportunities in the food processing and
handling equipment market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants