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Industrial Food Processor Market Size, Statistics, Industry Opportunities, Key Drivers, Growth Factors And Forecast To 2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033The Business Research Company's Industrial Food Processor Global Market Report 2024 identifies increasing demand for processed food products as the major driver for the template market's growth in the forecast period. Processed food refers to any raw agricultural products that have undergone any process that modifies their original form, including heating, pasteurization, blanching, cooking, canning, freezing and drying. Convenience foods are a subset of processed foods specifically designed for easy and quick preparation, catering to the modern lifestyle's demand for efficiency. An industrial food processor is utilized to slice rapidly and conveniently, dice, shred, blend and puree practically any food to create a variety of processed foods, including convenience foods.
The industrial food processor market size has grown strongly in recent years. It will grow from $62.96 billion in 2023 to $66.95 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to demand for processed foods, globalization of food supply, consumer demand for convenience, increased food production, growing demand for frozen food products.
The industrial food processor market size is expected to see strong growth in the next few years. It will grow to $82.9 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to growing demand for organic food, increasing demand for bakery products, growing demand for meat processing, rising demand for healthy and functional foods, demand for food packaging solutions, demand for food exports. Major trends in the forecast period include smart kitchen integration, plant-based food processing, sustainable packaging solutions, digital transformation, clean label processing, .
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Major competitors in the template market are Tetra Pak International S.A., GEA Group AG, Alfa Laval AB, Krones AG, Middleby Corporation, Bucher Industries AG, Bühler Holding AG.
A key trend in the template market includes innovative double interlock mechanism enhances safety in industrial food processor offerings. Major companies operating in the industrial food processor market are increasing their focus on introducing products with double interlock mechanism to maximize their profits in the market. The double interlock mechanism in food processors is a safety feature that ensures the processor will not operate unless the bowl and lid are securely locked in place. For instance, in April 2024, Hobart Corporation, a US-based commercial grocery and food service equipment provider, added the FP300i floor model to its lineup of continuous-feed food processors. This heavy-duty food processor has a base, a stacking feed cylinder and a manual pusher plate for greater adaptability. It can process up to 88 pounds of goods per minute. The FP300i food processor has a double interlock mechanism to ensure operator safety by preventing it from operating when the pusher plate is open or swings away. Additionally, it includes a no-volt release that stops it from turning on if the power goes out.
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The template market is segmented -
1) By Type: Cutting And Chopping, Mixing, Chilling And Freezing, Grinding, Baking, Frying, Ovens, Other Types
2) By Mode Of Operation: Automatic, Semi-automatic
3) By Application: Dairy processing, Meat Or Poultry Processing, Beverage Processing, Bakery, Fruit And Vegetable Processing, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the template market.
The Business Research Company's "Global Industrial Food Processor Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Industrial Food Processor Market Include:
1. Executive Summary
2. Industrial Food Processor Market Characteristics
3. Industrial Food Processor Market Trends And Strategies
4. Industrial Food Processor Market - Macro Economic Scenario
5. Global Industrial Food Processor Market Size and Growth
……..
32. Global Industrial Food Processor Market Competitive Benchmarking
33. Global Industrial Food Processor Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Industrial Food Processor Market
35. Industrial Food Processor Market Future Outlook and Potential Analysis
36. Appendix
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