Dublin, May 13, 2021 (GLOBE NEWSWIRE) -- The "Food Processing & Handling Equipment Market Size, Share & Analysis, By Form, By Application By Equipment Type By Processing Type And By Region, Forecast To 2028" report has been added to ResearchAndMarkets.com's offering.
Rising consumption of processed foods globally, and increasing necessity for processing and handling equipment in food industry are key factors driving market revenue growth.
Market Size - USD 146.22 Billion in 2020, Market Growth - CAGR of 6.1%, Market Trends - Technological advancements in food processing equipment, design and development of innovation processing technology
The global food processing & handling equipment market size is expected to reach USD 235.30 Billion in 2028, and register a CAGR of 6.1% during the forecast period. According to industry analysis, increasing number of processed food companies, shifting preference towards consumption of healthy foods which are easy to carry and have longer shelf life are expected to drive growth of the global food processing & handling equipment market.
Processing and handling equipment refers to machine that enables easy process of manufacturing, packaging, storing and transporting food and beverage in all departments of production plants. These machines or equipment play an important role in tracking food and beverage products during and post production, and simultaneously ensure no human intervention and contamination by automation of processes.
High equipment cost and maintenance cost could hamper market growth to some extent. Additionally, health hazards of over consumption of certain processed foods, and increasing health-consciousness among people could result in low adoption of processed food, which in turn, could hamper market growth.
Some Key Findings From the Report:
- Among the form segments, the solid form segment accounted for the largest revenue share of 42.3% in 2020. The liquid form segment is expected to register the highest revenue growth rate during the forecast period.
- Among the application segments, the meal, poultry & seafood segment is expected to register the highest revenue growth rate during the forecast period.
- Among the equipment type segments, the elevators segment is expected to register the highest revenue growth rate during the forecast period.
- The Asia Pacific market size was USD 55.56 Billion in 2020, and revenue growth of this market is expected to expand at a significantly high rate during the forecast period, due to growing population, and increasing per capita income, and consumption of value-added products
- Key players profiled in the report include Alfa Laval, Buhler AG, JBT Corporation, GEA, Dover Corporation, Robert Bosch, IMA Group, Middleby Corporation, Welbeit Inc., and Multivac Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
Reasons to Buy the Report
- A robust analysis and estimation of the Food Processing & Handling Equipment Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of all the major players in the Food Processing & Handling Equipment Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Key Topics Covered:
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 3. Indicative Metrics
Chapter 4. Food Processing & Handling Equipment Segmentation & Impact Analysis
4.1. Food Processing & Handling Equipment Segmentation Analysis
4.2. Food Processing & Handling Equipment Market Value Chain Analysis, 2018 - 2028
4.3. Regulatory framework
4.4. Food Processing & Handling Equipment Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. Increasing rate of consumption
4.4.1.2. Rising demand for healthier food items
4.4.2. Market restraint analysis
4.4.2.1. High investment Cost
4.5. Key opportunities prioritized
4.6. Food Processing & Handling Equipment Pricing Analysis
4.7. Industry analysis - Porter's
4.8. Food Processing & Handling Equipment PESTEL Analysis
Chapter 5. Food Processing & Handling Equipment Market by Form Insights & Trends
5.1. Food Processing & Handling Equipment Market Form dynamics & Market Share, 2021 & 2028
5.2. Solid
5.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
5.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
5.3. Liquid
5.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
5.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
5.4. Others
5.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
5.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
Chapter 6. Food Processing & Handling Equipment Market by Application Insights & Trends
6.1. Food Processing & Handling Equipment Market Application dynamics & Market Share, 2021 & 2028
6.2. Bakery & Confectionery
6.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
6.3. Meat, Poultry & Seafood
6.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
6.4. Dairy Products
6.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
6.5. Prepared Food
6.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
6.6. Fat & Oil
6.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.6.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
6.7. Fruits & Vegetables
6.7.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.7.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
6.8. Others
6.8.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
6.8.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
Chapter 7. Food Processing & Handling Equipment Market by Equipment Type Insights & Trends
7.1. Food Processing & Handling Equipment Market Type dynamics & Market Share, 2021 & 2028
7.2. Elevators
7.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.3. Conveyor Belts
7.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.4. Hoppers & Silos
7.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.5. Reclaimers
7.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
7.6. Stackers
7.6.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
7.6.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
Chapter 8. Food Processing & Handling Equipment Market by Processing Type Insights & Trends
8.1. Food Processing & Handling Equipment Market Processing Type dynamics & Market Share, 2021 & 2028
8.2. Grading
8.2.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.2.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
8.3. Sorting
8.3.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.3.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
8.4. Milling
8.4.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.4.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
8.5. Packing
8.5.1. Market estimates and forecast, 2018 - 2028 (USD Billion)
8.5.2. Market estimates and forecast, by region, 2018 - 2028 (USD Billion)
Chapter 9. Food Processing & Handling Equipment Market Regional Outlook
9.1. Food Processing & Handling Equipment Market share by region, 2021 & 2028
9.2. North America
9.3. Europe
9.4. Asia Pacific
9.5. Middle East & Africa
9.6. Latin America
Chapter 10. Competitive Landscape
10.1. Market Revenue Share by Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Strategy Benchmarking
10.5. Vendor Landscape
Chapter 11. Company Profiles
11.1. Alfa Laval
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Length Benchmarking
11.1.4. Strategic Initiatives
11.2. Buhler AG
11.2.1. Company Overview
11.2.2. Financial Performance
11.2.3. Product Length Benchmarking
11.2.4. Strategic Initiatives
11.3. JBT Corporation
11.3.1. Company Overview
11.3.2. Financial Performance
11.3.3. Product Length Benchmarking
11.3.4. Strategic Initiatives
11.4. GEA
11.4.1. Company Overview
11.4.2. Financial Performance
11.4.3. Product Length Benchmarking
11.4.4. Strategic Initiatives
11.5. Dover Corporation
11.5.1. Company Overview
11.5.2. Financial Performance
11.5.3. Product Length Benchmarking
11.5.4. Strategic Initiatives
11.6. Robert Bosch
11.6.1. Company Overview
11.6.2. Financial Performance
11.6.3. Product Length Benchmarking
11.6.4. Strategic Initiatives
11.7. IMA Group
11.7.1. Company Overview
11.7.2. Financial Performance
11.7.3. Product Length Benchmarking
11.7.4. Strategic Initiatives
11.8. Middleby Corporation
11.8.1. Company Overview
11.8.2. Financial Performance
11.8.3. Product Length Benchmarking
11.8.4. Strategic Initiatives
11.9. Welbeit Inc.
11.9.1. Company Overview
11.9.2. Financial Performance
11.9.3. Product Length Benchmarking
11.9.4. Strategic Initiatives
11.10. Multivac Corporation
11.10.1. Company Overview
11.10.2. Financial Performance
11.10.3. Product Length Benchmarking
11.10.4. Strategic Initiatives
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