Food Processing Equipment Market to Rise 6.2 till 2027 Percent Says Precedence Research

Precedence Research recently published a report on “Food Processing Equipment Market Size, Share and Growth Analysis, By Type (Processing and Pre-processing), By Mode of Operation (Semi-automatic and Automatic), By Application (Bakery & Confectionery, Meat, Poultry & Seafood, Dairy, Beverages, and Others) – Global Industry Analysis, Trends, Regional Outlook and Forecast 2020 – 2027”. Amid the COVID-19 crisis, the global food processing equipment market value is projected to reach US$ 89 billion by 2027, rising at a CAGR of 6.2% from 2020 to 2027.

Besides hovering awareness of food safety, processed food products have led to the adoption of advanced technology-based processing equipment, which is anticipated to ultimately boost the global food processing equipment market during the forecast period. Food processing equipment transforms the raw food constituents into food items via numerous chemical and physical ways. This equipment is available in several categories which consist of dryers, chillers, roasters, fryers, grinders, feeders, mixers, separators, homogenizers, slicers, and ovens. Furthermore, the food processing equipment are utilized in numerous industries comprising industrial bakery, the seafood industry, dairy industry, poultry farm, confectionery, beverage industry, milk, nut, fruit, and vegetable sector. Nowadays, the spending capabilities over processed foods are increasing tremendously hence there is a huge growth in the food processing equipment market.

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Growth Factors

Mounting pressure on the processing industry owing to the growing demand for packaged and processed food products as a result of the intensifying population is anticipated to contribute to the substantial market expansion in the near future. This is prompting a major percentage of the human population to rely on processed food. Moreover, as the percentage of working population upsurges, a marked transition to processed foods is seen. Some of the major influences supporting the widespread demand of food processing equipment in the emergent nations include augmented globalization, increasing income, and implementation of automated technologies among others. Additionally, escalating need for processed foods and improvement of novel foods and beverages that need innovative production approaches and related machinery are further flourishing the growth of the market. On the other hand, the presence of stringent regulatory compliances regarding the manufacturing of processed food may hamper the growth of this market in the near future.

The global food processing equipment industry is facing a number of challenges as it deals with the impact of the novel coronavirus (COVID-19) outbreak. The mainstream of the global populace is in lockdown on account of speedy proliferation of the COVID-19 epidemic. The contagion situation has led to a complete shutdown of numerous operations across the world. Numerous key industries are under the threat of a decline in their sales. In addition, the food & beverage sector is undergoing minor demise in its trades owing to the total lockdown of numerous nations across the globe. This has adversely influenced the global food processing equipment market as consumers are electing to purchase only indispensible products.

Report Highlights

• Rising urbanization and snowballing disposable incomes are altering lifestyles across major cities in developing nations. This, in turn, boosts the growth of the food processing equipment market.
• The food processing industry is progressively focusing on using energy-efficient equipment in a bid to condense operational costs.
• A huge population base in Asia Pacific nations and frequent changes in food inclination amongst consumers augments demand for food products
• Escalating investment by manufacturers in high-end automation, robotics, and innovative equipment seems to be the current trend in the food processing equipment market.

Regional Snapshots

The North America region is expected to dominate the global food processing equipment market by occupying the maximum market share. Furthermore, the European region is projected to witness significant growth during the forecast period owing to increasing awareness level regarding innovative food products. However, the Asia Pacific region is anticipated to be the fastest-growing market for food processing equipment over the projection period. The region is projected to experience a sharp growth in the demand for advanced food processing equipment that helps decrease the processing time and improve the efficiency of manufacturing operations. In addition, the food processing sectors in Asian countries such as China, India, Australia, and New Zealand are export-oriented; likewise, the processing sector is on high priority in these countries, as the companies here are focusing on technology adoption and automation. The estimated growth in the number of food processing units in the Asia Pacific region is further expected to propel the supply and consumption of food processing equipment.

Key Players & Strategies

The food processing equipment market is fragmented and consists of several regional and international competitors. The major players such as Berkshire Hathaway Incorporated, Anko Food Machine Company Limited, Atlas Pacific Engineering Company Incorporated, Bettcher Industries Incorporated, and several others are constantly focusing on improving research and development activities and facilitate other organic strategies to gain a competitive edge in the food processing equipment market. Foremost companies in the food processing equipment market are likely to involve in strategies to acquire leading brands to enlarge their product portfolio. Prominent manufacturers cater to international clients through their respective manufacturing amenities, while smaller companies elect to accommodate domestic players.

Key Takeaways

• Comprehensive analysis of the food processing equipment market trends and shares from 2020 to 2027 at global and regional level to identify growth opportunities and analyze market developments
• Exhaustive analysis of price trends with respect to resin type and region that are expected to impact the outlook of the global food processing equipment market
• Porters’ Five Forces analysis that highlights the bargaining power of buyers and suppliers to enable stakeholders to make profit-oriented business decisions
• Extensive market outlook of key geographic regions along with market drivers, inhibitors, current & future market trends, and emerging applications
• Comprehensive list of key potential clients across major end-use industries in different geographies
• Thorough import-export analysis  across the globe
• Regional level production output to comprehend the demand-supply scenario
• Competitive landscape covers key companies’ profiling, market share analysis, market footprint analysis, competitive business strategies, channels, and competition matrix for key players

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Food Processing Equipment Market, By Type

7.1. Food Processing Equipment Market, by Type, 2020-2027
7.1.1. Processing
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Pre-processing
7.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Food Processing Equipment Market, By Application

8.1. Food Processing Equipment Market, by Application, 2020-2027
8.1.1. Bakery & Confectionery
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Meat, Poultry & Seafood
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Dairy
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Beverages
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Food Processing Equipment Market, By Mode of Operation

9.1. Food Processing Equipment Market, by Mode of Operation, 2020-2027
9.1.1. Semi-automatic
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Automatic
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Food Processing Equipment Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Type (2016-2027)
10.1.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)

Chapter 11. Company Profiles

11.1. GEA Group AG
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Bettcher Industries Incorporated
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Anko Food Machine Company Limited
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Berkshire Hathaway Incorporated
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Atlas Pacific Engineering Company Incorporated
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Bucher Industries AG
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Hosokawa Micron Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Bibun Engineering
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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