Food Processing Equipment Market Expected to Reach 72.27 Billion USD by 2022

The global food processing equipment market has grown steadily in the last few years. The market size is projected to reach USD 72.27 Billion by 2022, at a CAGR of around 7.0% from 2016 to 2022. The rising demand for processed dairy and meat & seafood products is the major driving factor of this market.

The report Food Processing Equipment Market by Type (Thermal, Cutting & Peeling, Extraction, Mixer, Blender & Homogenizer), by Application, by End Product Form, by Mode of Operation (Automatic, Semi-automatic), and by Region – Global Forecast to 2022″, The food processing equipment market is projected to reach USD 72.27 Billion by 2022 at a CAGR of 7.0% from 2017 to 2022.

Browse 70 market data tables and 56 figures spread through 161 pages and in-depth TOC on “Food Processing Equipment Market – Global Forecast to 2022”

Make an Inquiry:

Early buyers will receive 10% customization on reports.

The market is driven by factors such as increasing demand for processed foods in related segments of the food industry, such as dairy, meat, poultry, and seafood, rising consumer concerns about safety of food products, and growing demand for processed and convenience foods.

Meat & seafood is the fastest-growing segment in the food processing equipment market by application during the forecast period 2017–2022

Meat & seafood processing equipment helps to ensure that the processing activities are performed on time as well as help in maintaining hygiene, owing to which processing companies are able to deliver better quality products to consumers. With the rise in population, the need for food has also increased. The changes in lifestyles and increase in disposable incomes result in an increased preference for convenience food products. Hence, the inclination towards convenience meat & seafood products is also expected to increase. This is expected to drive the growth of the meat & seafood processing equipment industry as well. North America has a huge market for processed meat & seafood products, and as a result, for processing equipment as well.

Download PDF Brochure:

In the end product form segment, the solid food products segment has the largest market in the food processing equipment industry

The solid processed food products include meat, seafood, bakery products, ready-to-eat products, dairy products, and among others. The purpose of processing in solid food products is to produce a desired food product, for easy handling, better taste or sensory characteristics, and greater shelf life. The equipment that are mainly used in processing of food products in solid form include heating equipment, dryers, fermenters, coolers, coating equipment, evaporators, and powder handling equipment. The consumption of processed food in a solid form is driven by the fast food and convenience food trend across the globe.

Significant growth for food processing equipment is observed in the Asia-Pacific region

Asia-Pacific led the market for food processing equipment across the globe. In the region, China is estimated to have the largest share in the regional and global market. The Asia-Pacific region has a significant potential for food & beverage market growth; changing lifestyle of the consumers, due to the rise in the disposable income is one of the major factors contributing to the growth of food processing equipment market in this region.

This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as GEA Group (Germany), ALFA LAVAL (Sweden), Bucher Industries (Switzerland), SPX Corporation (U.S.), and Krones AG (Germany).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, “RT” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Media Contact
Company Name: MarketsandMarkets
Contact Person: Rohan
Phone: 1-888-600-6441
Address:701 Pike Street, Suite 2175
City: Seattle
State: WA
Country: United States