Food Processing Equipment Market Expected To Witness A Substantial Growth Of USD 89.31 Billion By 2028: Grand View Research Inc.

San Francisco, 18 Nov 2021: The Report Food Processing Equipment Market Size, Share & Trends Analysis Report By Mode Of Operation (Semi-automatic, Automatic), By Type (Processing, Pre-processing), By Application, And Segment Forecasts, 2021 – 2028

The global food processing equipment market size is expected to reach USD 89.31 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.1% from 2021 to 2028. The changing lifestyle of people, increasing inclination toward nutritious food, and awareness about the health benefits of marine products are expected to surge the product demand over the coming years.

Population growth and rising disposable income, along with increasing urbanization, are expected to drive the consumption of processed foods, which, in turn, is expected to benefit the industry growth. Moreover, the governments of Middle Eastern countries are focusing on reducing their reliance on the petroleum sector and promoting investments in industries, such as construction, automotive, and food and beverage.

Farmed fish solutions for the marine industry had provided a convenient solution for the demand-supply imbalance. However, the industry witnessed a price hike for fresh and processed fish. The positive economic condition of the market and potential customers are some of the prominent factors that assure the prominent growth of the market over the forecast period.

Rising population, dietary shifts, and a rise in spending power influence the market growth, which exerts pressure on the industry to fulfill the ever-increasing demand of the world. In addition, the growing need for equipment in the wake of the rising consumption of processed foods in the developing economies in Asia Pacific is expected to drive the industry.

Access Research Report of Food Processing Equipment Market @ https://www.grandviewresearch.com/industry-analysis/food-processing-equipment-market

Food Processing Equipment Market Report Highlights

• By type, the processing equipment is expected to witness the fastest growth over the forecast period owing to the high demand for processed products and the increasing popularity of healthy and packaged food
• Based on mode of operation, the automatic processing equipment segment is expected to expand at the fastest CAGR of 6.9% from 2021 to 2028 owing to the high demand for technological development, growing use of automation, and strong research and development capabilities of market players
• The rise in demand for fast and packaged food is expected to compel manufacturers to expand their production capabilities, which is likely to trigger product demand over the forecast period
• The market in Brazil is expected to expand at a CAGR of 5.1% from 2021 to 2028 owing to the untapped opportunities and customer base
• Industry participants are adopting strategies, including distribution network expansion, new product developments, mergers & acquisitions, and partnerships, in order to gain a competitive edge in the industry

List of Key Players of Food Processing Equipment Market

• GEA Group Aktiengesellschaft
• BAADER Group
• Bühler AG
• Marel
• Alfa Laval
• Tetra Laval International S.A.
• Krones AG
• The Middleby Corporation
• JBT Corporation
• SPX Flow Inc.

Access Press Release of Food Processing Equipment Market @ https://www.grandviewresearch.com/press-release/global-food-processing-equipment-market

Food Processing Equipment Market Expected To Witness A Substantial Growth Of USD 89.31 Billion By 2028: Grand View Research Inc.

San Francisco, 20 Aug 2021: The Report Food Processing Equipment Market Size, Share & Trends Analysis Report By Mode Of Operation (Semi-automatic, Automatic), By Type (Processing, Pre-processing), By Application, And Segment Forecasts, 2021 – 2028

The global food processing equipment market size is expected to reach USD 89.31 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.1% from 2021 to 2028. The changing lifestyle of people, increasing inclination toward nutritious food, and awareness about the health benefits of marine products are expected to surge the product demand over the coming years.

Population growth and rising disposable income, along with increasing urbanization, are expected to drive the consumption of processed foods, which, in turn, is expected to benefit the industry growth. Moreover, the governments of Middle Eastern countries are focusing on reducing their reliance on the petroleum sector and promoting investments in industries, such as construction, automotive, and food and beverage.

Farmed fish solutions for the marine industry had provided a convenient solution for the demand-supply imbalance. However, the industry witnessed a price hike for fresh and processed fish. The positive economic condition of the market and potential customers are some of the prominent factors that assure the prominent growth of the market over the forecast period.

Rising population, dietary shifts, and a rise in spending power influence the market growth, which exerts pressure on the industry to fulfill the ever-increasing demand of the world. In addition, the growing need for equipment in the wake of the rising consumption of processed foods in the developing economies in Asia Pacific is expected to drive the industry.

Access Research Report of Food Processing Equipment Market @ https://www.grandviewresearch.com/industry-analysis/food-processing-equipment-market

Food Processing Equipment Market Report Highlights

• By type, the processing equipment is expected to witness the fastest growth over the forecast period owing to the high demand for processed products and the increasing popularity of healthy and packaged food
• Based on mode of operation, the automatic processing equipment segment is expected to expand at the fastest CAGR of 6.9% from 2021 to 2028 owing to the high demand for technological development, growing use of automation, and strong research and development capabilities of market players
• The rise in demand for fast and packaged food is expected to compel manufacturers to expand their production capabilities, which is likely to trigger product demand over the forecast period
• The market in Brazil is expected to expand at a CAGR of 5.1% from 2021 to 2028 owing to the untapped opportunities and customer base
• Industry participants are adopting strategies, including distribution network expansion, new product developments, mergers & acquisitions, and partnerships, in order to gain a competitive edge in the industry

List of Key Players of Food Processing Equipment Market

• GEA Group Aktiengesellschaft
• BAADER Group
• Bühler AG
• Marel
• Alfa Laval
• Tetra Laval International S.A.
• Krones AG
• The Middleby Corporation
• JBT Corporation
• SPX Flow Inc.

Access Press Release of Food Processing Equipment Market @ https://www.grandviewresearch.com/press-release/global-food-processing-equipment-market

Food Processing Equipment Market Size Is Anticipated To Reach USD 89.31 Billion By 2028: Grand View Research Inc.

San Francisco, 19 July 2021: The Report Food Processing Equipment Market Size, Share & Trends Analysis Report By Mode Of Operation (Semi-automatic, Automatic), By Type (Processing, Pre-processing), By Application, And Segment Forecasts, 2021 – 2028

The industrial revolution in the 20^th century has had a large impact on the food processing equipment industry. For example, the industrial revolution resulted in the development of machines in the food industry that reduced the human intervention only to trigger the rise of restaurants and food malls. Since then, the food machineries and equipment have encountered scientific changes throughout the course. Nonetheless, it is worthy to mention the growing significance of digital devices and automation in the food & beverage industry.

Innovation and Trends:

The definition for food processors and food processing equipment can vary with some difference. For example, the most common users of food processors are housewives and domestic helpers wherein cutting, blending, grating, and sorting of food is carried on a single-handed basis in a less time. On the other hand, a food processing equipment can still perform the same operations on an industrial level under different units. The time required differs for output owing to the broader nature and scale of these operations.

With the growing population and ever increasing demand for food in the fast-paced environment in the suburbs, processed foods have gained tremendous popularity. The need for hygiene standards are becoming more stringent with the progress. Simultaneously, the grading methods for the food applications are also getting more diversified in the process, hence, innovative methods are being adopted to improve the quality standards.

For example, the 3D printing technique is looked upon as a game changer in the food industry. The 3D technology is getting more attention as it helps in anticipate in designing a better food product for the end consumption. It ensures the minimal food wastage arising from conventional cooking methods and result in a healthy high-tech food product.

In another instance, the high pressure processing techniques have stood the test of time. It involves a cold pasteurization process with a high isostatic environment for packaged foods. High pressure processing is advantageous because it inactivates the micro-organisms to ensure food safety and enables a better quality of taste, appearance and enhance nutritional value of food.  Also, it aims at resolving the concerns for low shelf life in packaged foods

Access Research Report of Food Processing Equipment Market @ https://www.grandviewresearch.com/industry-analysis/food-processing-equipment-market

Food processing equipment industry in the post-pandemic :

Food industry in the post-pandemic world is likely to witness the most significant changes in terms of automation, sanitation, packaging & delivery and adoption of IT infrastructure. Majorly, the cause and effect analysis anticipates a more clear picture of improvements on safety.

Following are some twists of how food processing equipment industry is likely to appear across geographies in the post-pandemic world.

1. Rebuilding the Supply Chain – The supply chain is expected to strengthen as more emphasis will be given on consumer safety as home stay will be a regular norm among consumers in the foreseeable future. Consumers are expected to shift toward healthy eating options prepared with organic ingredients.
2. The Norm – In the end-user market, takeaways and home deliveries will continue to be a major medium between customers and restaurants. This is more or less expected to continue in the new normal as social restrictions are easing in several countries followed by vaccination drive.
3. Consumer Preference– The transformation in consumer preferences will also trigger more need for automation and digitization in the food production sector. For example, cleaning robots might get deployed to cover sanitation tasks in a cyclical manner. Besides, the small companies might go on a complete automation mode for food packaging.
4. Finding the Right Balance – Manufacturing companies might possibly spend more on setting up new factories to improve efficiency and finding the right balance to suffice the production and distribution load. This move will be based out of finding the right talent to cater to the changing needs. However, going forward intense challenges prevail in finding the right balance.
5. Demand for Processed Foods – Millennial consumers are already stocking up with essential supplies and foods mainly driven and to continue with the lockdown habits. Canned foods, frozen vegetables, cheese, butter, and macaroni, pasta, are some of the common packaged food products preferred by a millennial on a regular basis. In this light, the food manufacturers are benefitting from increase in sales of packaged foods as consumer retention has relatively grown high during the pandemic. The Fast-Moving Consumer Goods  (FMCG) and Consumer Packaged Goods  (CPG) companies are likely to renovate their distribution strategies. Food companies trying to cope with the pandemic situation are relatively delivering more packaged foods with better quality and shelf life.

Access Press Release of Food Processing Equipment Market @ https://www.grandviewresearch.com/press-release/global-food-processing-equipment-market

Food Processing Equipment Market Size Is Poised To Reach USD 85.59 Billion By 2025: Grand View Research Inc.

San Francisco, 2 July 2020: The Report Food Processing Equipment Market Size, Share & Trends Analysis Report By Type, By Mode of Operation, By Application (Meat, Poultry, Seafood, Bakery, Confectionery), And Segment Forecasts, 2018 – 2025

The global food processing equipment market size is anticipated to reach at USD 85.59 billion by 2025, according to a new report published by Grand View Research, Inc. Driven by growing demand for processed and Ready-to-Eat (RTE) food products across the globe, the market is projected to expand at a CAGR of 6.2% over the forecast period. Strict government regulations regarding the hygiene and standardization of food products will further driver the demand for food processing equipment. Increasing demand for meat, poultry, and seafood is also predicted to support the market growth in the coming years.

Furthermore, growing trend of industrial automation coupled with easy availability of these units will spur the market development. The automatic mode of operation segment led the market in 2017 and is likely to expand further at a CAGR of 7.0% over the forecast period. This growth can be attributed to technological advancements in the processing market. Companies offer automated operational systems for the manufacturing of food processing equipment to have a competitive advantage in the market.

The processing equipment segment is expected to register a CAGR 6.5% in the forecast period reaching USD 45.67 billion by 2025. The pre-processing equipment type is also projected to account for a significant share of the global market.

Access Research Report of Food Processing Equipment Market @ https://www.grandviewresearch.com/industry-analysis/food-processing-equipment-market

Further key findings from the study suggest:

• The processing equipment type segment is expected to witness the fastest growth over the forecast period
• India was valued at USD 3.2 billion in 2017 owing to the large-scale demand for food processing equipment in the region
• As of 2017, the country is among the prominent markets on account of large population base and rapid industrial development
• The U.S. food processing equipment market is expected to register a CAGR of 4.9% owing to favorable growth opportunities in the region
• K. is also anticipated to grow significantly over the coming years
• Some of the companies in the global market include BAADER Group, GEA Group AG, Buhler AG, Alfa Laval AB, and Tetra Laval International S.A.

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/food-safety-and-processing

Grand View Research has segmented the global food processing equipment market on the basis of mode of operation, type, application, and region:

Food Processing Equipment Mode of Operation Outlook (Revenue, USD Billion, 2014 – 2025)

• Semi-automatic
• Automatic

Food Processing Equipment Type Outlook (Revenue, USD Billion, 2014 – 2025)

• Processing
• Pre-processing

Food Processing Equipment Application Outlook (Revenue, USD Billion, 2014 – 2025)

• Bakery & Confectionery
• Meat, Poultry, & Seafood
• Beverage
• Dairy
• Fruit, Nut, & Vegetable
• Grains
• Others

Food Processing Equipment Regional Outlook (Revenue, USD Billion, 2014 – 2025)

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

Access Press Release of Food Processing Equipment Market @ https://www.grandviewresearch.com/press-release/global-food-processing-equipment-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com