CHICAGO, June 27, 2019 /PRNewswire/ — According to the new market research report “Food Processing & Handling Equipment Market by Type (Food Processing Equipment, Food Packaging Equipment, and Food Service Equipment), Application, Form (Solid, Liquid, and Semi-Solid), and Region – Global Forecast to 2025″, published by MarketsandMarkets™, the global Food Processing & Handling Equipment Market is estimated to be valued at USD 137.2 billion in 2019 and is projected to reach USD 196.6 billion by 2025, growing at a CAGR of 6.2%. Advancements in the food processing & packaging equipment industry, innovation in processing technology, and continuous growth in the demand for processed food are some factors that are expected to support the growth of the food & beverage processing equipment market. With the growing preference for healthy food and functional foods, manufacturers are expected to adopt new equipment to fulfill the demand for healthy functional foods & beverages. The expansion of food manufacturing capacities and growth of the food processing industry in emerging economies are also expected to support the growth of the food processing & handling equipment market.
MarketsandMarkets_Logo
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=145960225
By equipment type, the food processing equipment segment is estimated to account for the largest share in the food processing & handling equipment market in 2019.
Of the various equipment types, the food processing equipment segment is estimated to dominate the market in 2019. Companies are focusing on product innovations and providing innovative machinery to cater to the increasing demand from customers. The demand for food processing & handling equipment is growing with the growth of the food industry owing to the increasing consumption of foods such as meat products, bakery & confectionery products, prepared foods, and convenience foods. New technologies, such as non-thermal processing, are also being developed to support the manufacturing process by reducing production time, ingredient & food waste, and overall cost.
Browse in-depth TOC on “Food Processing & Handling Equipment Market“
103 – Tables
47 – Figures
215 – Pages
The meat & poultry segment is projected to witness strong growth due to the rising demand for convenience food products.
The growing demand for convenience food products is one of the major drivers that has affected a surge in demand for food processing & handling equipment for the meat & poultry industry. The preference for convenience food products, including meat and poultry, is increasing due to busy life schedules of people and the increasing working women population. The demand for convenience food products has surged, as they are easy to cook and consume less time, which, in turn, has boosted the demand for meat & poultry processing equipment market during the forecast period. The growing number of organized retailers is increasing the sale of ready-to-eat meals, including meat and poultry food products, which, in turn, is fueling the demand for food processing & handling equipment for the meat & poultry industry.
Speak to Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=145960225
Asia Pacific is estimated to dominate the food processing & handling equipment market in 2019.
Asia Pacific is estimated to account for the largest market share in the food processing & handling equipment market in 2019. Key factors such as industrialization, growing middle-class population, rising disposable income, changing lifestyles, and the rising consumption of processing and packaged products are expected to drive the demand for food processing & handling equipment market during the forecast period. The increasing disposable incomes, growing population, busy lifestyles, and shift in the focus toward convenience foods and instantly processed foods are some of the key trends influencing the growth of the food processing & handling equipment market in Asia Pacific. As a result, the next few years is likely to see continued growth in the sector’s performance.
This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies in the food processing & handling equipment market. The key players in the food processing & handling equipment market include GEA (Germany), Buhler Ag (Switzerland), Alfa Laval (Sweden), JBT Corporation (US), SPX FLOW (US), Robert Bosch (Germany), IMA Group (Italy), Middleby Corporation (US), and Dover Corporation (US), Robert Bosch (Germany), IMA Group (Italy), Tetra Laval (Switzerland), Multivac (Germany), Middleby Corporation (US), Welbilt, Inc. (US), and Electrolux (Sweden).
Browse Related Reports:
Food & Beverage Processing Equipment Market by Type (Processing, Pre-Processing), Application (Bakery & Confectionery, Meat & Poultry, Dairy, Alcoholic & Non-Alcoholic Beverages), Mode of Operation, End-Product Form, and Region – Global Forecast to 2023
https://www.marketsandmarkets.com/Market-Reports/food-processing-equipment-market-121668697.html
Food Packaging Technology and Equipment Market by Technology (Controlled, Active, Intelligent, Aseptic, and Biodegradable), Material (Metal, Glass & Wood, Paper & Paperboard, and Plastics), Equipment, Application, and Region – Global Forecast to 2023
https://www.marketsandmarkets.com/Market-Reports/food-packaging-technology-equipment-market-171847215.html
Browse Adjacent Markets: Food Processing Equipment and Technology Market Research Reports
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email:
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/food-processing-handling-equipment-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/food-processing-handling-equipment.asp
Cision
View original content:http://www.prnewswire.com/news-releases/food-processing–handling-equipment-market-worth-196-6-billion-by-2025–exclusive-report-by-marketsandmarkets-300876038.html