Global Food Processing & Handling Equipment Market Size is estimated to expand rapidly in coming years, at a CAGR of 6.5 % from 2018 to 2025. In 2017, the global market valuation was USD 135.05 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Advancements in the food industry, continuous demand for processed food, and advanced manufacturing technology are some of the key factors behind the growth of global food processing and handling equipment market and are expected to witness same growth in the forecast period. With the growing demand for packed and processed food, manufacturers are inventing new terminologies and are adopting new technologies to sustain market growth. Asia Pacific region is expected to be the highest growing segment in the global market of food processing and handling equipment.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global food processing and handling equipments market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global food processing and handling equipments market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Type Insights: On the basis of type, global food processing and handling equipments market has been segmented into food processing equipment, food packaging equipment, and food service equipment. Among which food processing equipments market is expected to be the highest growing segment in the global market. Various food companies are working on innovating new technologies and efficient advanced machinery in the market by reducing production time, ingredient & food waste, and overall cost. Growing health awareness among consumers and rising demand of packed and convenient food is expected to drive the market growth in forecast period.
By Application Insights: On the basis of application, global food processing and handling equipments market has been segmented into bakery and confectionary, vegetables and fruits, milk products, and others. Among which bakery and confectionary market accounted for largest share in global food processing and handling equipments market. Manufacturing of processing equipments such as ovens, molders, cutters and mixers are important part of bakery and confectionary segment. The demand for processed milk products as well as bakery products has increased in the developing countries such as US, UK, Germany and other parts. Increasing population and gradual demand of bakery products such as cakes, pastries, donuts and cookies has facilitated the increase in use of bakery processing equipments.
The global food processing and handling equipments market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region Asia Pacific region is expected to witness high growth in the market in upcoming time period. Emerging countries in the Asia Pacific region such as China, India and Japan are expected to witness high growth in the forecast period owing to growth in food manufacturing units, and adoption of automated technology. Increasing population and increase in consumption of packaged food are key factors influencing the growth in Asia Pacific region. North America is expected to witness high growth in upcoming time span due to high demand bakery and meat products across the region. Moreover, increase in processing sectors and advancements in the automation are key points impacting the growth of global market. Europe is anticipated to dominate the global food processing and handling equipments market over the projected period majorly owing to high demand of bakery and processed milk products, advanced technology in the manufacturing of equipments and ease of raw material and highly cost-effective business strategies.
Global Food Processing & Handling Equipment Market Size, Share Analysis by Region 2017
Global Food Processing & Handling Equipment Market Study Objective
1. To forecast the market size of food processing and handling equipments market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of food processing and handling equipments market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of food processing and handling equipments market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of food processing and handling equipments market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the food processing and handling equipments market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions
Key Players Landscape
Buhler Ag, Alfa Laval, JBT Corporation, SPX FLOW, Robert Bosch, IMA Group, Middleby Corporation, and Dover Corporation, Robert Bosch, IMA Group, Tetra Laval, Multivac, Middleby Corporation, Welbilt, Inc., and Electrolux are some of the key players in the market of food processing and handling equipments.
Global Food Processing & Handling Equipment Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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