As per the report by Research, the global market for food processing equipment is likely to experience robust growth throughout the forecast period. The market is projected to increase to 6.7% CAGR during 2017-2022. It is also estimated to reach US$ 70,510.1 million revenue by 2022 end.
Albany, NY -- (SBWIRE) -- 12/08/2017 -- A new report added to the repository of Market Research Reports Search Engine "Food Processing Equipment Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022" is a comprehensive repository of information, providing market share, size, and forecast.
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Global Food Processing Equipment Market: Overview
Increasing automation in the manufacturing of food processing equipment is likely to disrupt make processing plants more mechanized than manual. Rapid technological advancements and continues innovation in the food industry is influencing food processing companies to invest in the new food processing equipment. The global food processing equipment market is also witnessing new processing equipment that facilitates easy operation and saves time and cost. Many foods and beverages companies are also replacing their old equipment with new food processing equipment that are less expensive to maintain and operate. Eliminating contamination, improving food quality and reducing waste are some of the focus areas of the processed food manufacturers. Moreover, stainless steel is one of the most important elements used in the food processing equipment industry.
Global Food Processing Equipment Market: Scope of Study
The key trends and the market opportunity presented in this study discusses several forthcoming trends in the industry that may fuel the demand for food processing equipment during the forecast period 2017-2022. Meanwhile, the report also focuses on the future penetration of various new food processing equipment. The report provides market attractiveness analysis and the opportunities along with insights into various market dynamics. The report also talks about various segments and their performance within the global food processing equipment market.
The report on the global food processing equipment market offers key insights on the factors hampering and driving the market. Industry-standard tools such as Porter's five force analysis and SWOT analysis are also provided in the report. The research report also presents various factors, such as market drivers, opportunities, and restraints in the global market for food processing equipment. After taking into consideration the different factors which affect the global food processing market along with providing an in-depth analysis of the global food processing equipment market, and also offers an estimation of growth for the forecast period 2017 to 2022.
Global Food Processing Equipment Market: Market Segmentation
Considering the wide scope of the global food processing market, the report offers in-depth, segment-wise analysis and forecast. The global food processing equipment market is segmented on the basis of equipment type, food type, application, operation, and region.
Based on equipment type the market is segmented into thermal equipment, depositors, mixers, extruding machines, slicers and dicers, refrigeration, and others. Meanwhile, the food type includes processed, and unprocessed. On the basis of application, the segments include dairy sector, fruits and vegetables, meat and poultry processing, fisheries, bakery and confectionery, and other application. While the Operation consists of semi-automatic, and automatic.
On the basis of region, the market is segmented into North America, Latin America, Europe, Japan, Asia Pacific Excluding Japan (APEJ), and the Middle East and Africa (MEA). The report provides market size and forecast for each region and CAGR percentage for 2017-2022.
Global Food Processing Equipment Market: Competitive Landscape
Some of the leading companies operating in the global food processing equipment market are GEA Group AG, ALFA LAVAL, Bucher Industries AG, Krones AG, Bühler AG, AB Electrolux, John Bean Technologies Corporation, Tetra Laval, Dover Corporation, Middleby Corporation, SPX Corporation, Marlen International, Inc., Marel, Meyer Industries, NICHIMO CO., LTD, and BMA Braunschweigische Maschinenbauanstalt AG. Many food processing equipment manufacturers are entering into a partnerships to produce technologically advanced equipment as well as to expend geographically.
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The global food processing equipment market has been segmented as follows:
Global Food Processing Equipment Market, by Equipment Type
Slicers and Dicers
Global Food Processing Equipment Market, by Food Type
Global Food Processing Equipment Market, by Application
Fruits and vegetables
Meat and Poultry Processing
Bakery and Confectionery
Global Food Processing Equipment Market, by Operation
Global Food Processing Equipment Market, by Region
Asia Pacific Excluding Japan (APEJ)
The Middle East and Africa (MEA)
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