According to a new market report published by Lucintel, the future of the prepared food equipment market looks promising with opportunities in snack & savory products and ready-to-eat products. The global prepared food equipment market is expected to grow with a CAGR of 6% from 2020 to 2025. The major drivers for this market are rise in income of population, focus of food manufacturers on production efficiency, processing time, and quality of food products.
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Food preparation equipment is the important stage between fresh food coming into the kitchen and being made ready for either cooking or direct service into a restaurant. In this market, automatic, semi-automatic, and manual are the major modes of operation. Lucintel forecasts that semi-automatic will remain the largest mode of operation segment over the forecast period, as it increases productivity and reduces the manufacturing cost.
Within this market, snack & savory will remain the largest application segment over the forecast period because people have a sweet tooth and demand for snacks always remains high.
North America will remain the largest region over the forecast period due to the wide acceptance and availability of prepared food equipment in the US, Canada, and Mexico.
GEA Group, Alfa Laval, The Middleby Corporation, Marel, Buhler, Welbilt, Hughes Equipment Company, Heat and Control, Bigtem Makine, and Hup Sheng Machinery & Industry are among the major suppliers in the global prepared food equipment market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global prepared food equipment market by type, application, mode of operation, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Prepared Food 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 prepared food equipment market by type, application, mode of operation, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Pre-Processing
Processing
Packaging
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Snack & Savory Products
Ready-to-Eat Products
Mode of Operation
By Mode of Operation [Value ($ Million) shipment analysis for 2014 – 2025]:
Automatic
Semi-Automatic
Manual
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 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.