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Food Sorting Machines Market To Expand At A 5% CAGR, Reaching US$ 2 Bn By 2032

12-12-2022 03:24 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Food Sorting Machines Market To Expand At A 5% CAGR, Reaching US$ 2

By 2022, the global market for food sorting machines is expected to exceed US$ 1.5 billion. Global demand for packaged food products is expected to grow at a 5% CAGR during the assessment period, with the market approaching US$ 2 billion by 2032. The global food sorting machines market is projected to surpass a valuation of US$ 1.5 Bn in 2022. Surging demand for packaged food products across the globe is expected to boost sales at 5% CAGR over the assessment period, with the market size reaching close to US$ 2 Bn by 2032.

Food sorting machines are becoming more popular as the world's population grows and the food industry faces increased pressure to meet customer demands. The global food sorting machines market is expected to expand at a promising CAGR during the forecast period.

Optical sorting improves product quality, increases yields, and increases throughput while lowering labour costs.

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Its highly adopted in the processing of harvested foods such as fruits, potatoes, vegetables and nuts where it achieves non-destructive,100% inspection on full production volume. Since manual sorting is subjective and inconsistent, it is not preferred. One of the solutions to this dilemma is increased efficiency and waste reduction in the food supply chain. Food sorting machines offer an increase in efficiency by selectively filtering out the undesired materials from the main food. Worldwide optical sorters are being used in the food industry.

Food Sorting Machines Market: Drivers & Restraints

Growing population, rising urbanization, growing technological awareness, industrialization of emerging economies and increasing per capita income are some of the key factors driving the growth of the food sorting machines market.

Environmental Protection Agency regulations on the disposal of food waste, changing consumption patterns and smaller households are a few of the probable factors restraining the growth of the food sorting machines market.

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Food Sorting Machines Market: Key Players

Some of the key market participants in the global food sorting machines market are Tomra Systems ASA, Sesotec GmbH, Buhler AG, Key Technology, BarcoVision, and Satake USA Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global interest is increasing towards the quality of food consumed along with the stringent legislation on product quality and operating procedures. In the food industry, the product specification is extremely important and is one of those areas where new developments are crossing the boundaries. The food industry is under immense pressure of meeting the demands of the growing world population.

Key Segments Profiled in the Food Sorting Machines Industry Survey
Product Type:
• Channel Sorters
• Freefall Sorters
• Belt Sorters
• ADR Systems
Technology:
• Laser
• Camera
• LED
• X-ray

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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.

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