Press release
Food Packaging Equipment Market Projected to Reach $33.15 Billion by 2031, Driven by Demand for Shelf-Stable Products and Technological Advancements.
Food Packaging Equipment Market
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ/๐ง๐ข๐ 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.
The rise in food packaging equipment market demand for appealing and innovative packaging in the food industry for product differentiation; rise in consumption of processed meat, poultry, and seafood; surge in purchasing power, and preference for online grocery shopping all lead to increase in demand for packaged food, which is expected to drive the food packaging equipment market.
Demand for ready-to-eat, dairy and other perishable products, as well as convenience food items, is expected to drive the market growth. Increased health awareness and dietary changes are projected to boost development even further. Westernization of food preferences and lifestyle in Asia-Pacific and other developing regions is expected to augment demand for these food packaging equipment market.
๐ฆ๐ฝ๐ฒ๐ฎ๐ธ ๐๐ถ๐๐ต ๐๐ป๐ฎ๐น๐๐๐ https://www.alliedmarketresearch.com/connect-to-analyst/2348
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.
Strict government requirements governing equipment quality are likely to motivate food packaging equipment producers to invest in and improve their R&D skills. The most recent trend in technical improvement in industries, particularly the manufacturing sector, has enabled manufacturers to produce high-quality products with minimal time, labor, and operational costs.
The coronavirus pandemic has had a major impact on the global food packaging equipment market. The virus's unexpected emergence has prompted government officials to adopt strict lockdown restrictions and social separation techniques. The implementation of travel regulations has switched consumer focus to packaged goods and beverages for daily meals. Furthermore, the virus's spread among manufacturing workers has generated labor scarcity issues for manufacturers and production facilities, affecting packaging output. To meet industrial demand, this factor has stimulated the adoption of modern packaging equipment. Growth in packaging equipment is anticipated to be aided by increased use in the future years.
๐๐ฒ๐ ๐๐ถ๐ป๐ฎ๐น-๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ https://www.alliedmarketresearch.com/checkout-final/280b5edec744914ef0bba2c7f1631928
Whereas, high cost of development and installation of food packaging equipment in most of the developing countries, stringent legislations for food safety, and energy-inefficient packaging equipment &machinery hamper the market growth.Growth in packaged food industry in emerging economies such as China, India, Indonesia, and Brazil make way for growth opportunity.
๐๐ฒ๐ ๐ณ๐ถ๐ป๐ฑ๐ถ๐ป๐ด๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐๐๐๐ฑ๐
๐ Asia-Pacific is expected to maintain its dominant position in the market in terms of value during the forecast period, followed by Europe.
๐ Meat, poultry, and seafood are the fastest growing segment of the market in 2020, and shelf stable segment was the largest contributor in 2020.
๐ The Asia-Pacific food packaging equipment market is anticipated to grow at the highest CAGR from 2022 to 2031.
๐ North America accounted for approximately one-seventh share in the market, and is expected to grow at a CAGR of 5.4%during the forecast period.
๐๐ป๐พ๐๐ถ๐ฟ๐ฒ ๐๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐๐๐๐ถ๐ป๐ด https://www.alliedmarketresearch.com/purchase-enquiry/2348
๐ง๐ต๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐๐ถ๐ป๐ด ๐ถ๐ป ๐๐ต๐ฒ ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ณ๐ผ๐ผ๐ฑ ๐ฝ๐ฎ๐ฐ๐ธ๐ฎ๐ด๐ถ๐ป๐ด ๐ฒ๐พ๐๐ถ๐ฝ๐บ๐ฒ๐ป๐ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ฟ๐ฒ :
โถ๏ธ Arpac LLC
โถ๏ธ Bosch Packaging Technology
โถ๏ธ Coesia Group
โถ๏ธ GEA Group
โถ๏ธ IMA Group
โถ๏ธ Ishida
โถ๏ธ Multivac, Inc.
โถ๏ธ Nichrome India Ltd.
โถ๏ธ Omori Machinery Co. Ltd.
โถ๏ธ Oystar Holding GmbH.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง:
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