Study Report on Food Processing Equipment Market to 2025 Reaching to US$ 196.6 Billion Revenue Overview by Convenience Foods, Food Packaging Equipment and Instantly Processed Foods

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Report segments food processing &handling equipment market on the basis of equipment type, application, form, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging.

The food processing & handling equipment market, in terms of value, is estimated to account for USD 137.2 billion in 2019 and is projected to grow at a CAGR of 6.2%, to reach USD 196.6 billion by 2025. Companies across food processing, food retail, and food service value chains have various opportunities to access or increase their penetration of equipment products, either organically or through acquisition.

“The filling & dosing equipment sub segment of the food packaging equipment segment is projected to be the fastest-growing segment during the forecast period.”

The filling methods vary based on the nature of the product being packaged. Filling machines include one or more dosing devices with which the containers can be controlled. The increased demand for portion packaging is expected to increase the demand for filling & dosing machines, as they provide efficient need-based packaging and help in optimizing the packaging process.

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Food processing & handling equipment is estimated to be largest segment of food processing &handling equipment market during forecast period. Market is highly impacted by innovations, as manufacturers are always introducing new processing techniques to produce complex bakery products of different shapes and sizes.

Asia Pacific is projected to be the fastest-growing region in the food processing &handling equipment market in 2019. Global players are expanding their businesses in the Asia Pacific to cater to the increasing demand. The rapid economic growth, because of the rising development in countries such as China and India, is contributing to the growth of the food & beverage and consumer product industries.

Recent Developments:
• In May 2019, GEA launched a new SmartPacker CX400 packaging machine, which has induction sealing capabilities for meat and poultry manufacturers.
• In May 2019, Bosch Packaging Technology, a subsidiary of Bosch, launched the Pack 403, a fully-automated, narrow horizontal flow wrapper in the European and Asian markets. The company has been continuously developing innovative products according to the customers’ demands.
• In April 2019, Tetra Pak launched a connected packaging platform; this would transform juice and milk cartons into interactive information channels, digital tools, and full-scale data carriers.

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The demand for ultra-processed bakery products is high in developed countries such as the UK, Germany, the US, Canada, and Spain. These countries represent an established bakery industry and are experiencing a rise in the popularity of premium and innovative bakery products such as pastries, glazed & chocolate coated donuts, sugar & chocolate coated cookies, and chocolate pies.

Reasons to buy this report:
• To get a comprehensive overview of the food processing &handling equipment market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and the key strategies adopted by them
• To gain insights about the major countries/regions where food processing and handling equipment regaining popularity

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