Press release
Food and Beverage Processing Equipment Market size was valued at USD 55.15 Bn in 2022 and the revenue is expected to grow at 5 %, reaching nearly USD 77.61 Bn.
Food and Beverage Processing Equipment Market
The report delves into the impact of COVID-19 lockdown on market leaders, followers, and disruptors, analyzing the varied impacts across different regions and segments. It offers both short-term and long-term impact assessments, empowering decision-makers with strategic insights for regional companies.
Maximize Market Research Pvt Ltd's report is based on rigorous research methodologies, combining industry-validated data, historical information, and thoughtful projections. The report employs PEST analysis, PORTER's analysis, and SWOT analysis, aiding shareholders in prioritizing efforts and investments in emerging segments.
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Food and Beverage Processing Equipment Market Dynamics:
Increasing disposable income and growing affordability of consumers are propelling the global Food and Beverage Processing Equipment Market. Devices utilizing organic materials boast enhanced biocompatibility, opening doors to biomedical applications. However, the market faces challenges such as high manufacturing costs and competition from other display technologies.
A groundbreaking development is the efficiency achievement of 7.4% for a Roll-to-Roll (R2R) printed polymer-based single junction Organic Photovoltaic (OPV) cell by an R & D team supported by SmartLine. This milestone paves the way for mass production of OPV panels, targeting various pilot demonstration projects.
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Food and Beverage Processing Equipment Market Segmentation:
by Equipment type
Pre-Processing
Processing
The processing and pre-processing subsectors of the worldwide market are determined by the type of equipment used. Due to the rising demand for processed foods, the processing segment held the highest share in 2022. Food and beverage processing equipment helps to ensure quality, safety, and cleanliness while also accurately controlling pressure and temperature of food items. Additionally, rising demand for perishable food items that offer health benefits is another factor driving the expansion of the global market.
by Automation type
Semi-Automatic
Automatic
The global market is divided into Semi-Automatic and Automatic subsectors based on the type of automation. Due to enhanced quality control, end-to-end traceability, increased worker safety, and increased efficiency, the automation segment had a sizable position in 2022. Utilizing automated production lines decreases labor and production costs, reduces human error, and ensures output uniformity.
by Application
Bakery & confectionery products
Meat & poultry products
Dairy products
Alcoholic beverages
Non-alcoholic beverages
Fish & seafood products
Others
The global market is further divided based on application into items for bakeries and confectioneries, meat and poultry, dairy products, alcoholic and non-alcoholic beverages, fish and seafood, and others. In 2022, the bakery and confectionery segment accounted for 31% of the industry as a whole. The simple availability of goods, low prices, wide range of tastes, shifting consumer preferences, and rising need for fast food all contribute to an increase in the market for bakery and confectionery items.
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Food and Beverage Processing Equipment Market Key Players:
1. Alfa Laval
2. GEA Group
3. Buhler
4. Clextral
5. Marel
6. JBT Corporation
7. TNA Australia Solutions
8. Bucher industries
9. SPX Flow
10. Bigtem Makine
11. Krones Group
12. Fenco Food Machinery
13. Equipamientos Carnicos
14. S.L
15. Praj Industries
16. KHS GmbH
17. Welbil Inc
18. Electrolux
19. Tetra Laval
20. IMA Group
Table of content for the Food and Beverage Processing Equipment Market includes:
1. Global Food and Beverage Processing Equipment Market: Research Methodology
2. Global Food and Beverage Processing Equipment Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Food and Beverage Processing Equipment Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Food and Beverage Processing Equipment Market Segmentation
• Global Food and Beverage Processing Equipment Market, by Equipment type (2022-2029)
• Global Food and Beverage Processing Equipment Market, by Automation type (2022-2029)
• Global Food and Beverage Processing Equipment Market, by Application (2022-2029)
5. Regional Food and Beverage Processing Equipment Market (2022-2029)
• Regional Food and Beverage Processing Equipment Market, by Equipment type (2022-2029)
• Regional Food and Beverage Processing Equipment Market, by Automation type (2022-2029)
• Regional Food and Beverage Processing Equipment Market, by Application (2022-2029)
• Regional Food and Beverage Processing Equipment Market, by Country (2022-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Regional Insights:
The Asia Pacific (APAC) region is anticipated to lead the global market due to rising disposable income and consumer demand for electronic products. Notably, China is poised to significantly contribute to the growth of the APAC Food and Beverage Processing Equipment market.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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