Food Processing & Packaging Equipment Market worth $160.51 billion by 2030, growing at a CAGR of 7.84% - Exclusive Report by 360iResearch

The "Food Processing & Packaging Equipment Market by Equipment Type (Food Packaging Equipment, Food Processing Equipment, Food Service Equipment), Operation (Automatic, Semi-Automatic), Distribution Channel, End-Use - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Food Processing & Packaging Equipment Market to grow from USD 94.61 billion in 2023 to USD 160.51 billion by 2030, at a CAGR of 7.84%.

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Food processing and packaging are integral aspects of the food industry, which plays a crucial role in preserving food products, ensuring their quality and safety, and providing convenience to consumers. These processes include sorting, cleaning, chopping, mixing, cooking, cooling, and freezing. The rapid urbanization leading to changing lifestyles, food consumption patterns and technological advancements in automation are increasing the need for food processing and packaging processes. However, high capital investment requirements for setting up advanced processing plants and increasing regulatory pressures for reducing waste generation are hampering the growth of the food processing and packaging market. Furthermore, implementing energy-efficient food processing systems that lower the carbon footprint and operational costs and ongoing research into novel materials with improved barrier properties ensuring better preservation of perishable products are expected to create lucrative opportunities for the food processing and packaging market.

In the Americas, the food processing and packaging equipment market is driven by growing demand for convenience foods, advancements in technology, as well as stringent regulations for food safety. In the United States and Canada, demand for convenience foods drives the market alongside technological innovations and strict food safety regulations. The major food companies are offering innovative strategies to enhance efficiency, reduce maintenance costs, minimize waste generation, and ensure product quality. In EU countries, regulatory changes such as the EU's Circular Economy Action Plan emphasize sustainable practices and resource efficiency in the entire lifecycle of products. Initiatives such as the "European Technology Platform" aim at fostering collaboration among European stakeholders in research, development, and innovation activities related to food processing & packaging technology. Emerging economies within the Middle East (UAE) and Africa (South Africa) show rapid growth potential as urbanization rates increase along with rising disposable incomes. Additionally, increased government support for initiatives such as the "Make in India" campaign aims to establish India as a global manufacturing hub for food processing equipment.

Market Segmentation & Coverage:

This research report categorizes the Food Processing & Packaging Equipment Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Equipment Type, market is studied across Food Packaging Equipment, Food Processing Equipment, and Food Service Equipment. The Food Processing Equipment is projected to witness significant market share during forecast period.

Based on Operation, market is studied across Automatic and Semi-Automatic. The Automatic is projected to witness significant market share during forecast period.

Based on Distribution Channel, market is studied across Offline and Online. The Online is projected to witness significant market share during forecast period.

Based on End-Use, market is studied across Bakery & Confectionery, Beverage, Dairy, Fruits & Vegetables, Meat, and Pet Food. The Beverage is further studied across Alcoholic Beverage and Non-Alcoholic Beverage. The Fruits & Vegetables is further studied across Fresh & Frozeen and Ready-To-Eat. The Meat is further studied across Poultry, Red Meat, and Seafood. The Beverage is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.14% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Food Processing & Packaging Equipment Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Food Processing & Packaging Equipment Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Food Processing & Packaging Equipment Market, highlighting leading vendors and their innovative profiles. These include Adelphi Group of Companies, Anderson Dahlen by Gray Company, APACKS, BAADER Global SE, Bühler AG, Coesia S.p.A., Combi Packaging Systems, LLC, Crawford Packaging, DCI Inc., GEA Group AG, Industria Macchine Automatiche S.p.A., Ishida Co., Ltd., JBT Alco-food-machines GmbH, Krones AG, Lee Industries, LONGER Company, Luohe Orange Mechanical Equipment Co., Ltd., Marcelissen-Venlo BV, Marel Group, MULTIVAC Sepp Haggenmüller SE & Co. KG, Möllers North America Inc., Nichrome India Ltd., Omori Machinery Co., Ltd., Quanzhou Tianfa Food Machinery Co., Ltd., Schenck Process Europe GmbH, Syntegon Technology GmbH, Tetra Laval Group, Urschel Laboratories, Inc., Viking Masek Packaging Technologies, and Yangzhou Coyotech Machinery Co., Ltd..

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Food Processing & Packaging Equipment Market, by Equipment Type
7. Food Processing & Packaging Equipment Market, by Operation
8. Food Processing & Packaging Equipment Market, by Distribution Channel
9. Food Processing & Packaging Equipment Market, by End-Use
10. Americas Food Processing & Packaging Equipment Market
11. Asia-Pacific Food Processing & Packaging Equipment Market
12. Europe, Middle East & Africa Food Processing & Packaging Equipment Market
13. Competitive Landscape
14. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Food Processing & Packaging Equipment Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Food Processing & Packaging Equipment Market?
3. What is the competitive strategic window for opportunities in the Food Processing & Packaging Equipment Market?
4. What are the technology trends and regulatory frameworks in the Food Processing & Packaging Equipment Market?
5. What is the market share of the leading vendors in the Food Processing & Packaging Equipment Market?
6. What modes and strategic moves are considered suitable for entering the Food Processing & Packaging Equipment Market?

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