According to the recent FMI report, the food processing equipment market ecosystem is set to account for a current valuation of USD 48.58 billion in 2024, demand could rise and equate to a market valuation of USD 74.66 billion, with a sluggish CAGR of 4.4% by 2034.
The growth of packing solutions that are sturdy enough to endure the rigors of manufacturing and transportation has been fueled by rising customer expectations for clean, nutritious, and safe meals.
Bagging, filling, wrapping, conveying, sealing, and other all-purpose operations are becoming more popular. The market has also witnessed an increase in the for shelf-stable food goods, increasing the adoption of aseptic packaging and forming machines.
Other factors influencing the food processing equipment market include increased demand for dairy, meat, poultry, and seafood products, coupled with rising awareness of food safety. Food processing is the process of converting raw ingredients into desirable food items through chemical or physical techniques. These machines can be fully or partially automated.
Request Your Sample Report Today: https://www.futuremarketinsights.com/reports/sample/rep-gb-14617
These instruments are utilized in a variety of sectors, including seafood and meat processing, poultry farming, dairy, chocolate, vegetable and beverage processing. High-speed packaging and labelling machines are used in the dairy and meat industries. There are three types of end products: liquid, solid, and semi-solid.
Key Takeaways from the Food Processing Equipment Market Study:
- Europe & North America hold majority in the food processing equipment manufacturing global share
- The meat, poultry, and seafood industries will account for the bulk of market share and will continue to do so for the foreseeable future.
- India is estimated to be the lucrative food processing equipment market in South Asia over the forecast period
“Key players in the food processing equipment market are focusing on developments and opportunities for manufacturing of ready-to-eat food. In order to gain competitive edge, market players are spending extensively in R&D to develop novel products. Manufacturers are also concentrating on incorporating technical advancements in order to boost manufacturing efficiency.” said a lead analyst at FMI.
Get Customized Reports from Our Experts: https://www.futuremarketinsights.com/customization-available/REP-GB-14617
Who is winning?
Some of the leading companies operating in food processing equipment manufacturing are
- Tetra Pak
- HOSHIZAKI Corp.
- Gea Group
- Alfa Lavel
- Krones
- Middleby
- Buhler
- Marel
- atlas pacific engineering co. inc.
- Welbilt, Inc.
- Dover
- Rational AG
Food Processing Equipment Market by Category
By Automation type:
- Automatic
- Semi-Automatic
- Manual
By Application:
- Storage Tank
- Chiller
- Pasteurizer
- Filters
- CIP Unit
- Cream Separators
- Spray Dryer
- Homogenizer
- Batch Collectors & Feeders
- Pulverizing and Mixing
- Melting, Heating & Cooking
- Flaking, Chipping & Cutting
Maximize Growth Potential Grab Your Report Today: https://www.futuremarketinsights.com/checkout/14617
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
