Food Processing Equipment Market– Global Opportunity Analysis And Industry Forecast (2017-2022)
Food Processing Equipment Market by Type (Meat, Poultry, and Seafood Processing Equipment; Bakery Processing Equipment; Beverage Processing Equipment; Dairy Processing Equipment; Chocolate and Confectionary Processing Equipment; Fruits and Vegetables Processing Equipment; and Other Food Processing Equipment) - Global Opportunity Analysis and Industry Forecast (2017 – 2022)
The research report titled “Food Processing Equipment Market – Global Opportunity Analysis and Industry Forecast (2017-2022)” provides an in-depth analysis of food processing equipment market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2022. Global food processing equipment market is expected to reach USD 74,019.6 million by 2022, at a CAGR of 6.1% during the forecast period of 2017 to 2022.
The various factors such as increasing consumer demand for processed food products, growing focus on food safety and safety of workers, rising need to increase productivity, growing focus of food manufacturers to reduce production cost, and government support to promote food processing sector are driving the growth of global food processing equipment market globally. In addition, emerging economies such as Latin America, South East Asia, and Africa provides significant opportunity for the manufacturers in this market.
The study offers a comprehensive analysis of food processing equipment market with respect to various product types. The global food processing equipment market is segmented into meat, poultry, and seafood processing equipment (cutters and grinders; smokers, massagers, and tumblers; mixers; tenderizers; killing and defeathering equipment; slicers; evisceration equipment; cookers, roasters, and grillers; deheading and gutting equipment; filleting equipment; and others), bakery processing equipment (ovens and proofers; dough mixers; moulders and sheeters; dividers and rounders; depositors; and others), beverage processing equipment (brewery equipment; filtration equipment; carbonation equipment; blenders and mixers; and others), dairy processing equipment (pasteurizers; homogenizers; separators; evaporators and drying equipment; membrane filtration equipment; and others), chocolate and confectionary processing equipment (depositors; formers; coating and spraying systems; mixers; coolers; and others), fruit and vegetable processing equipment (juice extractors; peelers, cutters, and pulpers; dryers; evaporators; and others), and other food processing equipment (cereal & grains processing equipment; fat & oil processing equipment; snacks food processing equipment; and others).
Geographically, the global food processing equipment market is segmented into five major geographies, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific region dominated the global food processing equipment market in 2016. The large share of this region is mainly attributed to increasing demand of processed food products in emerging and developing countries including India, China, Indonesia, and Thailand and growing investments from major global food processors. This region is witnessing tremendous growth for food and beverages industry, primarily due to increasing disposable income and urbanization, growing health awareness, and various government initiatives.
The key players operating in the global food processing equipment market are Bühler AG (Switzerland), Marel HF (Iceland), GEA Group Aktiengesellschaft (Germany), Bucher Industries AG (Switzerland), John Bean Technologies Corporation (U.S.), The Middleby Corp (U.S.), Heat and Control Inc. (U.S.), SPX Flow Inc. (U.S.), Alfa Laval AB (Sweden), Nichimo International Inc. (Japan), Krones AG (Germany), Paul Mueller Company (U.S.), Key Technology Inc. (U.S.), and Tetra Pak International S.A. (Switzerland).
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