Food Processing Machinery Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Tetra Laval International S.A., SPX Corporation, Nichimo Co Ltd., GEA Group AG, Hosokawa Micron Corp., John Bean Technologies Corporation, Hea

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2332

The Business Research Company offers in-depth market insights through Food Processing Machinery Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The food processing machinery market size has grown strongly in recent years. It will grow from $57.96 billion in 2023 to $61.81 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to increasing global demand for processed foods, stringent food safety regulations, rising disposable income, focus on operational efficiency, growing awareness of health and nutrition.

The food processing machinery market size is expected to see strong growth in the next few years. It will grow to $78.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to smart manufacturing and industry 40 integration, sustainable and eco-friendly solutions, global population growth, customization and flexibility, rapid urbanization. Major trends in the forecast period include automation and robotics integration, focus on sustainability, advanced sensor technologies, data analytics and machine learning, customization and modular design.

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Market Segmentation:
The food processing machinery market covered in this report is segmented -

1) By Type: Depositor, Extruding Machines, Mixers, Refrigeration, Slicers And Dicers, Other Types
2) By Mode Of Operation: Semiautomatic, Fully Automatic
3) By Application: Bakery And Confectionery, Meat, Poultry And Seafood, Dairy, Beverages, Other Applications

Major Driver - Surge In Processed Food Consumption Fueling Growth In Food Processing Machinery Market
Increased demand for processed food is expected to propel the growth of the food processing machinery market. Processed foods refer to any type of food that are not in their natural state and have been subjected to some sort of food processing. This can include foods that have been cooked, canned, frozen, dried, or packaged. These food processing procedures can be carried out using food processing machinery. For instance, in October 2021, according to the US Food and Drug Administration, a US-based federal health agency, Americans received 70% of their daily sodium from processed and restaurant foods. Additionally, in July 2021, a survey of 1000 adults in the US was conducted by the International Food Information Council, a US-based nonprofit organization working for improving the quality of food, 32% of the respondents agreed that they buy processed food very often while 45% of the respondents bought processed foods sometimes. 19% of the respondents were buying food more often than they used to. Thus, the increased consumption of processed food is driving the food processing machinery market.

Competitive Landscape:
Major companies operating in the food processing machinery market report are Tetra Laval International S.A., SPX Corporation, Nichimo Co Ltd., GEA Group AG, Hosokawa Micron Corp., John Bean Technologies Corporation, Heat and Control Inc., Tomora Systems ASA, AFE Group Ltd., Bühler AG, Krones AG, Alfa Laval AB, Meyer Industries Inc., Baader North America Corporation, Satake Corp., The Middleby Corp., Bucher Industries AG, Marel, Clextral, Fenco Food Machinery, Braunschweigische Maschinenbauanstalt AG, KHS GmbH, Bizerba SE & Co. KG, Atlas Pacific Engineering Company Inc., Duravant Company, Asea Brown Boveri Ltd., Baader, Mecatherm, FAM Stumabo, Rheon Automatic Machinery Co. Ltd., Heatcraft Worldwide Refrigeration, Anko Food Machine Co. Ltd., Baker Perkins

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Top Trend - Ge Appliances' Auto-Sense Technology Revolutionizes Food Processing Machinery
Product innovations are the key trends gaining popularity in the food processing machinery market. Major companies operating in the food processing machinery market are introducing innovative products to sustain their position in the market. For instance, in December 2022, GE Appliances, a US-based home appliance manufacturer, launched the GE Profile smart mixer with Auto Sense technology. The new product is a smart appliance that can be controlled using Google or Alexa voice commands. The uniqueness of the product is its auto-sense technology, which enables it to automatically sense changes in the mixture's viscosity and stop accordingly. With the use of torque sensors, Auto-Sense technology can detect changes in the viscosity of your mixture and streamline the procedure. The function integrates with the SmartHQ app, where you can choose from guided recipes that outline the procedure step-by-step.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Food Processing Machinery Market Characteristics
3. Food Processing Machinery Market Trends And Strategies
4. Food Processing Machinery Market - Macro Economic Scenario
5. Food Processing Machinery Market Size And Growth
…..
27. Food Processing Machinery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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