Published on 25 Oct 2019:

Meticulous Research® – leading global market research company published a research report titled “Food Processing Equipment Market Size by Type (Meat, Poultry, and Seafood Processing Equipment, Bakery Processing Equipment, Beverage Processing Equipment, Dairy Processing Equipment, Chocolate Processing Equipment) – Global Forecast to 2025”

According to this latest publication from Meticulous Research®, the global food processing equipment market is expected to grow at a CAGR of 6.9% from 2019 to reach $91.8 billion by 2025. The global food processing equipment market is majorly driven by increasing consumer demand for processed food, growing focus on food safety and safety of workers, growing need to increase productivity, increasing focus of food manufacturers to reduce production cost, and government support to promote food processing sector. In addition, emerging economies such as Latin America, South East Asia, and Africa provides significant opportunity for the manufacturers in the global food processing equipment market. However, high cost of equipment and increasing consumers’ inclination towards consumption of minimal processed food products hinders the growth of this market. Also, lack of trained labor force in many parts of the globe poses a challenge to the global food processing equipment manufacturers.

The global food processing equipment market study presents historical market data in terms of values (2017 and 2018), estimated current data (2019), and forecasts for 2025. The overall market is divied 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), fruits and vegetable processing equipment (juice extractors, peelers, cutters, and pulpers, dryers, evaporators,and others), and other food processing equipment. The study also evaluates industry competitors and analyses the market at the country level.

Browse in-depth Report on: https://www.meticulousresearch.com/product/food-processing-equipment-market-5049/

Meat, poultry, and seafood processing equipment market is estimated to hold the largest share of the overall food processing equipment market in 2019. The large share of this segment is mainly attributed to the increasing demand and thereby the production of processed meat products which is associated with growing global population, urbanization, and disposable income; and consumer preference for protein-rich food products and convenience food products. The meat, poultry, and seafood processing equipment market is further segmented into 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. Cutters and grinders is estimated to hold the largest share of the overall meat, poultry, and seafood processing equipment market in 2019, as the cutting and grinding equipment are the most common equipment and a pre-requisite in every meat, poultry, and seafood processing plant.

The chocolate and confectionery processing equipment market is expected to grow at the fastest CAGR during the forecast period, cited to various factors such as rising need to manufacture high-value confectionery products under cost-pressure; growing need of maximizing energy efficiency; and growing confectionery industry due to economic factors, sociological trends, increasing health consciousness, and fast-evolving indulgence seeking attitude of the consumers. The overall chocolate and confectionery processing equipment market is further segmented into depositors, formers, coating and spraying systems, mixers, coolers, and others. The depositors market is estimated to command the largest share of the overall chocolate and confectionery processing equipment market in 2019. The large share of depositors is mainly attributed to significant development in the depositing technology to meet increasing market demand for high-quality and innovative products and their increased demand in developing markets.

This research report analyzes major geographies and provides a comprehensive analysis of North America, Europe, Asia-Pacific, Latin America, and the Middle Eastand Africa. Asia-Pacific region is estimated to account for the largest share of the overall food processing equipment market in 2019. The large share of this region is mainly attributed to the increasing demand of processed food products in emerging and developing countries including India, China, Indonesia, and Thailand; increasing investments from the major global food processors; and burgeoning food and beverages industry, primarily due to the increasing urbanization, huge base of population, growing health awareness, and rising disposable income.

Some of 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), Suite John Bean Technologies Corporation (U.S.), The Middleby Corporation (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).

Key questions answered in the report-

  • Which are the high growth market segments in terms of type and countries?
  • What is the historical market for food processing equipment across the globe?
  • What are the market forecasts and estimates from the period 2019-2025?
  • What are the major drivers, restraints, opportunities, and challenges in the global food processing equipment market?
  • Who are the major players in the global food processing equipment market and what share of the market do they hold?
  • Who are the major players in various countries and what share of the market do they hold?
  • How is the competitive landscape?
  • What are the recent developments in the global food processing equipmentmarket?
  • What are the different strategies adopted by the major players in the global food processing equipment market?
  • What are the geographic trends and high growth countries?
  • Who are the local emerging players in the global food processing equipment market and how do they compete with the other players?

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