Growth in the market is underpinned by rising food consumption and expansion of food processing industry.

NEWARK, UNITED STATES OF AMERICA, May 17, 2022 /EINPresswire.com/ -- According to the recent FMI report, the sales of the food processing equipment market are expected to surpass a value of US$ 69.8 Bn in 2032, rising at a CAGR of around 4.5% through the end of 2032.

The growth of packing solutions that are sturdy enough to endure the rigors of manufacturing and transportation has been fueled by rising customer expectations for clean, nutritious, and safe meals.

Bagging, filling, wrapping, conveying, sealing, and other all-purpose operations are becoming more popular. The market has also witnessed an increase in the for shelf-stable food goods, increasing the adoption of aseptic packaging and forming machines.

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Other factors influencing the food processing equipment market include increased demand for dairy, meat, poultry, and seafood products, coupled with rising awareness of food safety. Food processing is the process of converting raw ingredients into desirable food items through chemical or physical techniques. These machines can be fully or partially automated.

These instruments are utilized in a variety of sectors, including seafood and meat processing, poultry farming, dairy, chocolate, vegetable and beverage processing. High-speed packaging and labelling machines are used in the dairy and meat industries. There are three types of end products: liquid, solid, and semi-solid.

Key Takeaways from the Food Processing Equipment Market Study:

Europe & North America hold majority in the food processing equipment manufacturing global share
The meat, poultry, and seafood industries will account for the bulk of market share and will continue to do so for the foreseeable future.
India is estimated to be the lucrative food processing equipment market in South Asia over the forecast period

“Key players in the food processing equipment market are focusing on developments and opportunities for manufacturing of ready-to-eat food. In order to gain competitive edge, market players are spending extensively in R&D to develop novel products. Manufacturers are also concentrating on incorporating technical advancements in order to boost manufacturing efficiency.” said a lead analyst at FMI.

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Who is winning?

Some of the leading companies operating in food processing equipment manufacturing are Tetra Pak, HOSHIZAKI Corp., Gea Group, Alfa Lavel, Krones, Middleby ,Buhler, Marel, Atlas, Pacific engineering co. inc., Welbilt, Inc., Dover, Rational AG, and others.

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FMI, in its new offering, provides an unbiased analysis of vegan tuna presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for Food Processing Equipment Market based on by application (Storage Tank, Chiller, Pasteurizer, Filters, CIP Unit, Cream Separators, Spray, Dryer, Homogenizer, Batch Collectors & Feeders, Pulverizing and Mixing, Melting, Heating & Cooking, Flaking, Chipping & Cutting, Moulding, Cooling & Chilling, Flavouring and Seasoning, Washer/Crushing, Pulping/Milling/Slicing, Tanks & Storage, Fermenting, Filtering, Distillation/Sanitizing ,Bottling/ Filling, Washing, Sorting/ Segregating, Pealing & Slicing, Cooling/ Freezing, Drying/ Frying / Cooking, Slaughtering Equipment, Deboning, Skimming, and Trimming, Cutters and Grinders, Boilers, Heating & Cooking, Smokers, Massagers, and Tumblers, Mixers, Tenderizers others) across seven major regions.

Frequently Asked Questions

How big is the food processing equipment market?
What is the North America food processing equipment market outlook?
At what rate will food processing equipment demand grow in Europe?
What are the key trends shaping food processing equipment?
How much is the current worth of food processing equipment market?
How was the performance in the last five years?
What is the demand outlook forecast for the food processing equipment market?
Who are the top 5 players operating in the market?
How are market players reacting to the new developments in the market?
Which are the major countries driving demand for food processing equipment?

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About the Food & Beverage Division at Future Market Insights

Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.

About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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