Food Processing Machinery Market Global Competitive Analysis and 2022 Forecasts

Technavio Announces the Publication of its Research Report – Food Processing Machinery Market 2018-2022

Technavio recognizes the following companies as the key players in the food processing machinery market: Buhler, GEA, JBT, Marel, and Tetra Pak.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing focus on safety features of food processing machinery.” The safety of operators of food processing machinery is one of the major concerns for food manufacturers.
Sample Copy of This Report: https://marketreportscenter.com/request-sample/593983
According to the report, one driver influencing this market is the anticipated growth of 17.47% in global packaged food market during the forecast period. The demand for packaged food is expected to grow exponentially due to its convenience in handling and storage and longer shelf life, and better hygiene in comparison to other food products.

Further, the report states that one challenge affecting this market is the purchase of refurbished machinery and retrofitting of current machinery by food manufacturers. Food manufacturers are increasingly purchasing second-hand or rebuilt machinery instead of new food processing mainly because the cost of refurbished machinery is around 50% less than that of new machinery.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
The market is expected to grow at a CAGR of 5.40%
About Food Processing Machinery

Food processing machines are used by manufacturer of food for processing food using techniques such as pasteurization, homogenization, blending, and filling.

Technavio’s analysts forecast the Food Processing Machinery Market to grow at a CAGR of 5.96% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the food processing machinery market. To calculate the market size, the report considers the revenue generated from the sales of meat, poultry, seafood, bakery, and dairy products.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Full report with Table of Content: https://marketreportscenter.com/reports/593983/global-food-processing-machinery-market-2018-2022
Technavio's report, food processing machinery market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Buhler
• GEA
• JBT
• Marel
• Tetra Pak

Market driver
• Anticipated growth of 17.47% in global packaged food market during the forecast period
• For a full, detailed list, view our report

Market challenge
• Rising prices of raw materials
• For a full, detailed list, view our report

Market trend
• Increasing automation of processes in food manufacturing industry
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
…
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This release was published on openPR.