The global food processing equipment market size is anticipated to around USD 718.9 billion by 2026, this market is anticipated to grow with 25.2% CAGR during the forecast time period. Increasing health consciousness and dietary changes in both development and developing regions are also projected to bolster the food processing equipment market growth in the coming years. Also, numerous government business are boosting the food processing equipment producer to improve their research and development capabilities, which is also expected to drive the industry development.
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Food processing equipment aids to transform the raw food materials and ingredients in to food items through numerous chemical and physical means. These equipments are available in numerous categories that includes slicers, dryers, separators, chillers, feeders, mixers, grinders, homogenizers, roasters, ovens and fryers.
These foods processing equipment are used in numerous businesses, which includes vegetable, dairy industry, milk, fruit, nut, industrial bakery, chocolate manufacturing unit, seafood industry, beverage industry, confectionery, and poultry farm. Stainless steel is single of the foremost elements, which is commonly used in the food processing equipment. 316SS and 304SS are two most common types of alloys of stainless steel that are used in food processing equipment.
Most of the these equipment has similar automation and motion control needs that comprise of material conveying and blanching, thawing, positioning, freezing, heating, drying pasteurization, evaporation, sterilization, and cooking. Food processing equipment also needs precise control of temperatures, gentle handling, cleanliness, pressures, treatment times and other process parameters. These equipment is often incorporated with labelling equipment and high-speed packaging in numerous industry such as dairy and meat industry.
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The obtainability of changing lifestyles, raw materials demand to deliver broader selection of food products at lower costs and invention in technology are some of the key parameters that aids to drive the global food processing equipment growth. Among numerous food processing equipment, pasta and bakery equipment industry is increasing at faster rate. Increasing income level of individual leads more investment over food processing equipment. Larger populace base in APAC nations and frequent change in food inclination among individuals lead to growing need for food products. This shifting trend leads to investment more on these equipment. Owing to advancements in technology related to grinding, slicing and cutting in food processing equipment, many producers in food market are substituting their older machines with newer ones that are more efficient and bolster their bottom line through higher throughput.
The global food processing equipment market is segmented into four major segment named modes of operation, type, application, and region. On the basis of modes of operation the food processing equipment market is segmented into semi-automatic and automatic. On the basis of the type the global food processing equipment market is segmented into processing and pre-processing. On the basis of application, the food processing equipment market is segmented into Bakery & Confectionery, Meat, Poultry, & Seafood, Beverage, Dairy, Fruit, Nut, & Vegetable, Grains and Other. On the basis of region the global Food Processing Equipment market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Based on application, the industry has been segmented into grains, bakery and confectionaries, vegetable, poultry, meat, beverage, dairy, nut, fruit, seafood, and other. Speedy urbanization and growing consumer disposable income levels in developing regions has backings the need for processed food, thus pushing the food processing equipment market.
Poultry, meat, and seafood sub-segments drives the application segment in 2018 occupying a substantial share of the food processing equipment market. It is expected to register a CAGR of 6.8% during the forthcoming years. Beverage application is anticipated to be the second-largest sub-segment with a CAGR of 7.4% during forecasted time frame.
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The major companies operating in the global food processing equipment market are Ziemann International GmbH, Anko Food Machine Company Limited, Wenger Manufacturing Incorporated, Atlas Pacific Engineering Company Incorporated, Machine Corporation, Berkshire Hathaway Incorporated, Sinmag Bakery, Bettcher Industries Incorporated, Odenberg Engineering, Satake Corporation, Bibun Engineering, BMA Group, Nordischer Maschinenbau Rud Baader, Bongard, Nichimo Company Limited, Briggs of Burton plc, Meyer Industries Incorporated, Bucher Industries AG, Mecatherm SA, GEA Group AG, Marelhf, Hosokawa Micron Corporation, and JBT FoodTech.
Major Points from Table of Contents:
CHAPTER 1. INDUSTRY OVERVIEW
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
CHAPTER 4. FOOD PROCESSING EQUIPMENT MARKET BY MODES OF OPERATION
CHAPTER 5. FOOD PROCESSING EQUIPMENT MARKET BY APPLICATION
CHAPTER 6. FOOD PROCESSING EQUIPMENT MARKET BY TYPE
CHAPTER 7. NORTH AMERICA FOOD PROCESSING EQUIPMENT MARKET BY COUNTRY
CHAPTER 8. EUROPE FOOD PROCESSING EQUIPMENT MARKET BY COUNTRY
CHAPTER 9. ASIA-PACIFIC FOOD PROCESSING EQUIPMENT MARKET BY COUNTRY
CHAPTER 10. LATIN AMERICA FOOD PROCESSING EQUIPMENT MARKET BY COUNTRY
CHAPTER 11. MIDDLE EAST FOOD PROCESSING EQUIPMENT MARKET BY COUNTRY
CHAPTER 12. AFRICA FOOD PROCESSING EQUIPMENT MARKET BY COUNTRY
CHAPTER 13. COMPANY PROFILE
CHAPTER 14. RESEARCH APPROACH
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