According to a new market report published by Lucintel, the future of the
food processing & handling equipment market looks promising with opportunities in various applications, such as bakery & confectionery products, meat & poultry products, dairy products, alcoholic beverages, non-alcoholic beverages, and fish & seafood products. The global food processing & handling equipment market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are advancements in the food processing industry, innovation in processing technology, and continuous growth in the demand for processed food.
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Food processing & handling equipment are various techniques and operations by which raw foodstuffs are transformed into food that are suitable for consumption, cooking, or storage. In this market, food processing equipment, food packaging equipment, and food service equipment are the major types of food processing & handling equipment. Lucintel forecasts that food processing equipment will remain the largest segment over the forecast period, as these equipment help in reducing production time, ingredient & food waste, and overall cost.
Within this market, bakery & confectionery products will remain the largest application segment over the forecast period due to high fragmentation of the bakery & confectionery market, high prevalence, and demand for these products in both developed and developing countries.
Asia Pacific will remain the largest region, and it is also expected to witness the highest growth over the forecast period because the food processing sectors in countries, such as China, India, Australia, and New Zealand, are export-oriented. Also, the processing sector is of prime importance in these countries, as the players here are focusing on technology adoption and automation. This is expected to have a positive impact on the food & beverage processing equipment market in the region.
The emerging trend, which has a direct impact on the dynamics of the industry, is the introduction of non-thermal processing. GEA, Buhler, Alfa Laval, JBT, SPX FLOW, Robert Bosch, IMA, Middleby, Dover, Robert Bosch, IMA, Tetra Laval, Multivac, Middleby, Welbilt, and Electrolux are among the major suppliers in the global food processing & handling equipment market.
Lucintel, a leading global strategic consulting and
market research firm, has analyzed growth opportunities in the global food processing & handling equipment market by type, application, form, and region. Lucintel has prepared a comprehensive research report titled “
Growth Opportunities in the Global Food Processing & Handling Equipment Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global food processing & handling equipment market by type, application, form, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
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Food Processing Equipment
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Food Packaging Equipment
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Food Service Equipment
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
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Bakery & Confectionery Products
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Meat & Poultry Products
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Dairy Products
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Alcoholic Beverages
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Non-Alcoholic Beverages
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Fish & Seafood Products
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Others
By Form [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
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United States
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Canada
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Mexico
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United Kingdom
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Spain
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Germany
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France
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.
