Jul 2, 2020

Sparkling Growth Opportunities Await for Food Processing Equ

Bizclik Editor
6 min

ALBANY, New York, July 1, 2020 /PRNewswire/ -- The escalating demand for heating and cooling systems that eliminate enzymes or microorganisms that cause spoilage are gaining traction. Thus, producers of food processing equipment are focusing on efficacy in heat processing machines to enhance the shelf life of bakery products. Other factors like rapid urbanization, preference for processed food consumption, and rising disposable income are playing an important role in building the foundation of growth for the food processing equipment market.

A considerable rise in the number of small and medium-scale processing industries due to various government policies for the growth of MSMEs will further heighten the growth prospects of the food processing equipment market.

Transparency Market Research, after a thorough analysis and research of the overall market scenario by skilled experts, predicts a CAGR of ~5% across the forecast period of 2019-2027. The TMR experts also estimate that the global food processing equipment market will climb the valuation peak of ~US$ 80 bn by the end of 2027.

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Food Processing Equipment Market through the Lens of TMR Experts

TMR analysts state that "Apart from heating and cooling systems, manufacturers are increasing the availability of auxiliary equipment such as utility and measurement and control equipment. Oil management is another key driver contributing to the growth of the food processing equipment market." This opinion highlights the growing use of food processing equipment in other applications.

They also affirmed that in a developing economy such as India, which is one of the rapidly growing economies in Asia Pacific, is challenged with the lack of trained/skilled laborers in the food processing sector. Hence, companies and governments should increase efforts to build a robust food processing infrastructure that benefits the vast labor class in India."

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Food Processing Equipment Market: Key Facts And Figures

  • The food processing equipment market is anticipated to reach an output of ~12,470 units by 2027 end
  • The cleaning system segment may acquire a prominent market share across the forecast timeline; homogenizers and blenders segments, cooling and heating system, and size reduction equipment to follow
  • On an operational basis, the semi-automatic segment expects to be crowned as the dominant segment

Uncover 286 pages of intelligent research, current market scenario, and extensive geographical projections. Gain insights on Food Processing Equipment Market (Equipment Type - Thermal Equipment, Depositors, Extruding Machines, Mixers, Refrigeration, Slicers and Dicers, Others; Food Type - Processed, Unprocessed; Application - Dairy Sector, Fruits and Vegetables, Meat and Poultry Processing, Fisheries, Bakery and Confectionery, Other Application; Operation- Semi-Automatic, Automatic) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2027 at https://www.transparencymarketresearch.com/food-processing-equipment-market.html

Food Processing Equipment Market: Growth Multipliers

  • The food processing equipment market is climbing the growth ladder through factors like the rising demand for ready-to-eat products and the emerging quick meat trend
  • To reduce operational costs, the food processing industry is preferring energy-efficient food processing equipment, thus prompting the manufacturers of food processing equipment market to produce similar products
  • A rise in sale of processed foods such as savory snacks, breakfast cereals, cheese, bakery, and meat products is bringing good growth opportunities for the food processing equipment market

Analyze Food Processing Equipment Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Food Processing Equipment Market: Competitive Outlook

The offering of innovative solutions by key players for improving the efficiency of food processing equipment is assisting the growth of the food processing equipment market. Mergers, acquisitions, joint ventures, collaborations, and partnerships form an important part of the growth of the food processing equipment market. Key players engage in these activities for strengthening their foothold in the food processing equipment market.

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The global food processing equipment market is segmented based on the following parameters:

By Equipment

  • Size Reduction Equipment
  • Size Enlargement Equipment
  • Homogenizers, Mixers & Blenders
  • Cooling & Heating Systems
  • Cleaning Systems
  • Fermenter
  • Sorters & Graders
  • Others

By Operation

  • Automatic
  • Semi-automatic
  • Manual

By Application

  • Dairy
  • Fruits & Vegetables
  • Sea Foods, Meat & Poultry
  • Bakery & Confectionery Beverages
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Explore Transparency Market Research's award-winning coverage of the Global Factory Automation Industry:

Poultry Farming Equipment Market – The global poultry farming equipment market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global poultry farming equipment market report.

Solar Pumps Market – The global solar pumps market is estimated to expand at a CAGR of ~ 12% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the solar pumps market report.

Metal Cleaning Equipment Market – The market dynamics of the global metal cleaning equipment market are subject to factors mainly related to the growing focus on equipment efficiency and rising need for cleaning equipment customization due to diversifying manufacturing activities. In terms of chemical type, the aqueous metal cleaning segment is anticipated to gain the largest share with total value of US$ 506.8 Mn by 2027 at a CAGR of 4.0% annually.

Cut and Bend Equipment Market – The global cut and bend equipment market was valued at US$ 1,038.5 Mn in 2017. It is expected to reach US$ 1,603.5 Mn in terms of revenue by 2027, expanding at a CAGR of 4.6% from 2018 to 2027.The market in Asia Pacific is likely to expand at a rapid growth rate during the forecast period, due to a rise in infrastructure and construction activities in emerging economies such as India and China.

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About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


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