New York, NY -- (SBWIRE) -- 10/15/2020 -- According to the current analysis of Reports and Data, the global Food Processing & Handling Equipments market was valued at USD 127.4 Billion in 2018 and is expected to reach USD 207.6 Billion by year 2026, at a CAGR of 6.3 percent.  The rising demand for food processing & handling equipment attributed to the increase in the world consumption. The people in developing countries like India, China and the large market from these countries will create more demand from the food industry. The shift in preference among the population in terms of what they eat to avoid any health concerns and the increase in income of the people in the choice of food is found across the globe. The demand for higher value-added food is growing tremendously.

Furthermore, the report strives to offer an accurate analysis of the market pertaining to the impact of the COVID-19 pandemic on the Food Processing & Handling Equipments industry and its key verticals. The COVID-19 crisis has dynamically altered the economic scenario of the world and given rise to certain disruptions in the operations of the Food Processing & Handling Equipments market on the global as well as regional level. The report is updated with the latest impact of the COVID-19 pandemic, current and future outlook of the economic scenario, along with a present and future impact of the COVID-19 pandemic on the overall Food Processing & Handling Equipments market.

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The report provides a comprehensive overview of the competitive landscape and provides an analysis of the key companies operating in the industry. The top players operating in the industry are Alfa Laval, Buhler AG, JBT Corporation, GEA, Dover Corporation, Robert Bosch, IMA Group, Middleby Corporation, Welbeit Inc., Multivac Corporation.

The Food Processing & Handling Equipments industry is segmented into:

Form (Revenue, USD Billion; 2016–2026)

Solid
Liquid
Others

Application (Revenue, USD Billion; 2016–2026)

Bakery & Confectionery
Meat, Poultry & Seafood
Dairy Products
Prepared Food
Fat & Oil
Fruits & Vegetables
Others

Equipment Type (Revenue, USD Billion; 2016–2026)

Elevators
Conveyor Belts
Hoppers & Silos
Reclaimers
Stackers

Processing Type (Revenue, USD Billion; 2016–2026)

Grading
Sorting
Milling
Packing

Regional Outlook of Food Processing & Handling Equipments Market:

The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Food Processing & Handling Equipments market is analyzed on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa.

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Competitive Landscape:

Competitive analysis of the Food Processing & Handling Equipments industry offers key data regarding product portfolio, company overview, market concentration rate, pricing analysis, and other key elements. Additionally, it offers key insights into their strategic alliances such as mergers and acquisitions, joint ventures and collaborations, corporate and government deals, product launches, and brand promotions, and agreements, among others. It also provides details about their expansion tactics, the latest developments in products and technologies, production and manufacturing sites, and capacities, along with sales, revenue, returns, and financial standings.

In conclusion, the Food Processing & Handling Equipments market report provides a granular assessment of the market through extensive segmentations along with analysis of supply chains, sales network and distribution network, and downstream buyers in the Food Processing & Handling Equipments market.

Radical Features of the Food Processing & Handling Equipments Market Report:

Valuable insights into the Food Processing & Handling Equipments market to impart an in-depth understanding of the business verticle
An 8-year forecast estimation along with an analysis of key elements of the market
Technological advancements, regulatory framework, and recent developments covered in the report
Growth analysis and projections until 2027
Statistical analysis of the key players operating in the Food Processing & Handling Equipments industry.

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