Food Packaging Equipment Market: Size, Share, Trends, Growth, Revenue and Industry -2031

Food Packaging Equipment Market by Equipment (Bottling Line; Cartoning; Case Handling; Closing; Filling & Dosing; Form, Fill & Seal; Labelling, Decorating & Coding; Palletizing; Wrapping & Bundling; and Others), Application (Meat, Poultry & Seafood, Dairy, Bakery & Snack, Frozen, Candy & Confectionery, Cereal & Grain, Perishable Prepared, and Shelf Stable), and Distribution Channel (Offline and Online): Global Opportunity Analysis and Industry Forecast, 2022-2031". As per the report, the global food packaging equipment industry was accounted for $18.25 billion in 2021, and is expected to reach $33.14 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.

Click Here For Instant PDF: https://www.alliedmarketresearch.com/request-sample/2348

Food packaging equipment market includes machines used at each stage of the packaging process. Food packaging equipment that performs distinct packaging functions at different stages of processing includes bottling lines, cartoning, case handling, closure, filling & dosing, FFS (form, fill & seal) machinery, labeling, decorating, & coding, palletizing, wrapping & bundling, and others. The food and beverage industry is one of the major industries that drive demand for food packaging equipment market share. Purchasing power parity, industrial development, and the adoption of automated technology are all expected to boost growth during the forecast period.

Leading Key Players

Arpac LLC
Bosch Packaging Technology
Coesia Group
GEA Group
IMA Group
Ishida
Multivac, Inc.
Nichrome India Ltd.
Omori Machinery Co. Ltd.
Oystar Holding GmbH.

Talk to our Analyst: https://www.alliedmarketresearch.com/connect-to-analyst/2348

By application, the shelf stable segment held the lion's share in 2021, contributing to nearly one-fourth of the global food packaging equipment market, as these foods demand extra packaging requirements. However, the meat, poultry & seafood segment is estimated to manifest the highest CAGR of 7.9% from 2022 to 2031, due to high consumption rate and wide availability of various products across the globe.

Rise in demand for equipment in developing countries is expected to drive the growth of the food packaging equipment market. Manufacturers' increased efforts in R&D propel the food packaging equipment market in a positive direction. The surge in demand for ready-to-eat, dairy, and other perishable products, as well as convenience food items, is expected to boost the food packaging equipment market growth. Growth in health consciousness and change in eating patterns are projected to drive growth in the global food packaging equipment market during the forecast period. The increased consumption of packaged food products around the world has positively impacted the global food packaging equipment market growth.

By equipment type, the case handling segment held the largest share in 2021, accounting for nearly one-sixths of the global food packaging equipment market. However, the form, fill & seal segment is expected to register the highest CAGR of 8.5% during the forecast period, owing to fast speed and constant packing rate.

Make a Direct Purchase: https://www.alliedmarketresearch.com/checkout-final/f7fe7ffccffd0b7d22df1eae92b5cbc2

By application, the shelf stable segment held the lion's share in 2021, contributing to nearly one-fourth of the global food packaging equipment market, as these foods demand extra packaging requirements. However, the meat, poultry & seafood segment is estimated to manifest the highest CAGR of 7.9% from 2022 to 2031, due to high consumption rate and wide availability of various products across the globe.

On the basis of equipment type, the market is divided into bottling line; cartoning; case handling; closing; filling & dosing; form, fill & seal; labelling, decorating & coding; palletizing; wrapping & bundling; and others. Form, fill & seal segment is expected to be the fastest growing during the forecast period. This packaging equipment provides high packing speed and consistency. It is also economical as hand-made bags are less expensive than pre-made bags. Moreover, it increases production rate, allowing the employees to cut the amount of shifts.

Check out more related studies published by AMR Research:

Meat Processing Equipment Market - https://www.prnewswire.com/news-releases/meat-processing-equipment-market-size-to-target-19-6-billion-by-2031--allied-market-research-301790550.html

Portable Food Safety Detectors Market - https://www.globenewswire.com/en/news-release/2023/04/04/2640912/0/en/Portable-Food-Safety-Detectors-Market-Size-to-Generate-11-8-Billion-by-2031-Allied-Market-Research.html

Food Extrusion Market - https://www.alliedmarketresearch.com/food-extrusion-market-A10961

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.