Global Food and Beverage Checkweigher Market 2017-2021
About Food and Beverage Checkweigher
A checkweigher in the food and beverage processing industry is generally used to verify the weight of food products during packaging. It also ensures that ingredients fall within a certain tolerance level during their packaging and the volume of every package is consistent. Food and beverage checkweighers are used in food processing plants to ensure whether the weight of a pack of a food or beverage commodity is within the specified limit. Food packs that are outside this specified limit are taken out of the processing line.
Technavio’s analysts forecast the global food and beverage checkweigher market to grow at a CAGR of 4.11% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global food and beverage checkweigher market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Food and Beverage Checkweigher Market 2017-2021
Technavio recognizes the following companies as the key players in the global food and beverage checkweigher market: Bizerba, Cardinal Scale Manufacturing Company, Illinois Tool Works, METTLER TOLEDO, and WIPOTEC-OCS.
Other Prominent Vendors in the market are: Cornerstone Automation Systems, ISHIDA, Marel, Minebea Intec, PRECIA, Reiser, RICCIARELLI, ScaleTec Digital Balances, TEXTOR, Thermo Fisher Scientific, and VinSyst Technologies.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing focus on product design and construction to ensure operational efficiency. End-users in the food and beverage industry give preference to checkweighers with high operational efficiency. When selecting a checkweigher in the food and beverage industry, manufacturers need to consider the design, properties, and the structure of the product, which would not be affected by issues such as humidity and condensation.”
According to the report, one driver in the market is growing need for ensuring consistent pack weight. The pack weight of a product is an important benchmark that is measured during the quality control process. In the food and beverage market, if a packaged product is overweight, it affects profit margins of the establishment. A checkweigher helps to ensure the accuracy of the weight of the packaged product. The ability to deliver food and beverages at accurate weights saves the wastage of materials and also avoids the repetition of the filling process. Checkweighers are important in food and beverage processing facilities because they benefit manufacturers by assuring that the food product contains accurate quantities of ingredients and complies with all regulations.
Further, the report states that one challenge in the market is high raw material prices. Checkweighers used in the food and beverage industry are mainly made of stainless components that can withstand harsh conditions and frequent contact with water. Therefore, most vendors use stainless steel as the main raw material for manufacturing checkweighers. Vendors are highly dependent on stainless steel for the manufacturing of checkweighers, and the high prices of stainless steel can affect their profit margins. Stainless is also resistant to corrosion. The price of steel can be influenced by various factors, including natural disasters and the global economy. For instance, in March 2016, the global market experienced a low price for steel. From March 2016, the market experienced a consistent increase in the price of steel.
Bizerba, Cardinal Scale Manufacturing Company, Illinois Tool Works, METTLER TOLEDO, WIPOTEC-OCS, Cornerstone Automation Systems, ISHIDA, Marel, Minebea Intec, PRECIA, Reiser, RICCIARELLI, ScaleTec Digital Balances, TEXTOR, Thermo Fisher Scientific, and VinSyst Technologies.