Dublin, Oct. 21, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities in the Food Processing and Packaging Equipment Sector, Global, 2024-2028" report has been added to ResearchAndMarkets.com's offering.
This analysis assesses the growth opportunities across the food processing and packaging equipment market. The application areas considered include beverages; fruits and vegetables; dairy; meat, fish, and poultry; bakery and confectionary; oils and fats; breakfast cereals, and snacks; and pet food. The equipment scope includes all processing and packaging machinery/equipment used across different end applications. This analysis provides a detailed examination of the value chain and the market activity of key players in the industry.
The global food processing and packaging equipment market generated revenues of $100.35 billion in 2023. The market will grow thanks to a greater focus on sustainability and stringent food safety and quality control standards. The food processing equipment market accounted for 71.2% of the revenue share in 2023.
The meat, fish and poultry, dairy, and beverage segments will drive most of the growth in the food processing equipment market. Food processing 4.0 will be one of the key growth drivers for food processing and packaging equipment over the forecast period. The integration of AI, Internet of Things (IoT), smart sensors, digital twins, big data, and robotics will play a part in the food processing 4.0 concept.
Geographically, Asia-Pacific held the largest revenue share of the global food processing and packaging equipment market in 2023. The Asia-Pacific market is driven by evolving customer preferences, such as the demand for smaller portion food sizes.
Growth Opportunity Universe in the Food Processing and Packaging Equipment Sector
- Portfolio Expansion and Increased R&D Investment
- Application Diversification
- Sustainable Processing and Packaging
Key Topics Covered:
Growth Environment: Transformation in Food Processing and Packaging Equipment Sector
- The Impact of the Top 3 Strategic Imperatives on the Food Processing and Packaging Industry
Growth Environment: Ecosystem in Food Processing and Packaging Equipment Sector
- Scope of Analysis
- Segmentation
- Food Processing and Packaging Equipment Value Chain
- Competitive Environment: Food Processing Equipment
- Key Competitors: Processing Equipment
- Competitive Environment: Food Packaging Equipment
- Key Competitors: Packaging Equipment
- Company Mapping: Food Processing and Packaging Equipment
Growth Opportunity Analysis: Growth Generator in the Food Processing and Packaging Equipment Sector
- Key Findings
- Growth Metrics
- Growth Drivers
- Growth Restraints
- Forecast Considerations
- Revenue Forecast
- Revenue Forecast by Equipment
- Revenue Forecast by End Application: Food Processing Equipment
- Revenue Forecast by End Application: Food Packaging Equipment
- Revenue Forecast Analysis
- Revenue Forecast by Region: Food Processing Equipment
- Revenue Forecast by Region: Food Packaging Equipment
- Revenue Forecast Analysis by Region
- Mergers and Acquisitions
- Revenue Share: Food Processing Equipment
- Revenue Share Analysis: Food Processing Equipment
- Revenue Share: Food Packaging Equipment
- Revenue Share Analysis: Food Packaging Equipment
Growth Opportunity Analysis: Growth Generator Beverages
- Growth Metrics
- Trends in Beverage Processing and Packaging Equipment
- Revenue Forecast by Equipment
- Forecast Analysis
- Revenue Forecast by Region: Food Processing Equipment
- Revenue Forecast by Region: Food Packaging Equipment
- Forecast Analysis by Region
Growth Opportunity Analysis: Growth Generator Fruits and Vegetables
- Growth Metrics
- Trends in Fruits and Vegetable Processing and Packaging Equipment
- Revenue Forecast by Equipment
- Forecast Analysis
- Revenue Forecast by Region: Food Processing Equipment
- Revenue Forecast by Region: Food Packaging Equipment
- Forecast Analysis by Region
Growth Opportunity Analysis: Growth Generator Grains, Oils, and Fats
- Growth Metrics
- Trends in Grain, Oil, and Fat Processing and Packaging Equipment
- Revenue Forecast by Equipment
- Forecast Analysis
- Revenue Forecast by Region: Food Processing Equipment
- Revenue Forecast by Region: Food Packaging Equipment
- Forecast Analysis by Region
Growth Opportunity Analysis: Growth Generator Bakery and Confectionery
- Growth Metrics
- Trends in Bakery and Confectionery Processing and Packaging Equipment
- Revenue Forecast by Equipment
- Forecast Analysis
- Revenue Forecast by Region: Food Processing Equipment
- Revenue Forecast by Region: Food Packaging Equipment
- Forecast Analysis by Region
Growth Opportunity Analysis: Growth Generator Meat, Fish, and Poultry
- Growth Metrics
- Trends in Meat, Fish, and Poultry Processing and Packaging
- Revenue Forecast by Equipment
- Forecast Analysis
- Revenue Forecast by Region: Food Processing Equipment
- Revenue Forecast by Region: Food Packaging Equipment
- Forecast Analysis by Region
Growth Opportunity Analysis: Growth Generator Dairy
- Growth Metrics
- Trends in Dairy Processing and Packaging Equipment
- Revenue Forecast by Equipment
- Forecast Analysis
- Revenue Forecast by Region: Food Processing Equipment
- Revenue Forecast by Region: Food Packaging Equipment
- Forecast Analysis by Region
Growth Opportunity Analysis: Growth Generator Cereals, Snacks, and Pet Food
- Growth Metrics
- Trends in Breakfast Cereal, Snack, and Pet Food Processing and Packaging Equipment
- Revenue Forecast by Equipment
- Forecast Analysis
- Revenue Forecast by Region: Food Processing Equipment
- Revenue Forecast by Region: Food Packaging Equipment
- Forecast Analysis by Region
For more information about this report visit https://www.researchandmarkets.com/r/fqj1kw
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