Food Processing Equipment Market to Drive Market Growth at 4.5% CAGR between 2022 and 2032

According to the recent FMI report, the sales of the food processing equipment market are expected to surpass a value of US$ 69.8 Bn in 2032, rising at a CAGR of around 4.5% through the end of 2032.

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.

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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.

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, and others.

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
Molding
Cooling & Chilling
Flavoring and Seasoning
Washer/ Crushing
Pulping/ Milling/ Slicing
Tanks & Storage
Fermenting
Filtering
Distillation/ Sanitizing
Bottling/ Filling
Washing
Shorting/ Segregating
Pealing & Slicing
Cooling/ Freezing
Drying/ Frying / Cooking
Others Applications

By Region, Food Processing Equipment Market is
Segmented as:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East & Africa

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Frequently Asked Questions

How big is the food processing equipment market?
What is the North America food processing equipment market outlook?
At what rate will food processing equipment demand grow in Europe?
What are the key trends shaping food processing equipment?
How much is the current worth of food processing equipment market?
How was the performance in the last five years?
What is the demand outlook forecast for the food processing equipment market?
Who are the top 5 players operating in the market?
How are market players reacting to the new developments in the market?
Which are the major countries driving demand for food processing equipment?

Check Related Reports:

Food Service Equipment Market : https://www.futuremarketinsights.com/reports/foodservice-equipment-market

Food Sterilization Equipment Market : https://www.futuremarketinsights.com/reports/food-sterilization-equipment-market

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

This release was published on openPR.