Food Processing Market Insights Report 2021-2027 With Major Impacting Factors And Investment Study

Market Scope

Market Research Future (MRFR) studied the food processing market 2021 through the analysis period till 2025. As per MRFR study, the food processing market is expected to surge at nearly 7.2% CAGR in the review period (between 2019 and 2025). By 2025, the food processing market is expected to value USD 99.7 Billion. The surge in demand for extruded food products can contribute to the expansion of the food processing market. The growing focus on shape, texture, and color of foodstuff that can attract consumers, especially the young population, can support expansion of the regional market. The introduction of new extrusion equipment that assists in maintaining uniformity shapes and sizes of different foodstuff can support the food processing cycle in the years to come. The growing demand for snacks and RTC products, along with breakfast cereal among professionals, can contribute to the growth of the market.

Key Players

·         Marel (Iceland)

·         GEA Group AG (Germany)

·         The Bühler Holding AG (Switzerland)

·         JBT Corporation (US)

·         Alfa Laval AB (Sweden)

·         TNA Solution Pty Ltd (Australia)

·         Bucher Industries AG (Switzerland)

·         Equipamientos Cárnicos, S.L. (Spain)

·         Clextral S.A.S (France)

·         SPX Flow (US)

·         Bigtem Makine A.S. (Turkey)

·         FENCO Food Machinery s.r.l. (Italy)

·         Krones AG (Germany)

·         Paul Mueller Company (US)

·         Anko Food Machine Co. Ltd. (Taiwan)

Market Segmentation

The segment assessment of the food processing market is based on Equipment Type, application, and category.

The type-based segments of the food processing market are sorting, cleaning, grading equipment, cutting, grinding equipment, peeling, mixers & blenders, homogenizers, and thermal equipment among other equipment. Extrusion Equipment. The extrusion equipment segment is projected to surge in the review period due to the increase utility of extrusion equipment. Extrusion equipment enables uniformity of shape and size in the final product, which is crucial aspect in mass production. The upscaling demand for savory and sweet snacks, RTC products, and breakfast cereals that requires extensive extrusion solutions can boost the market segment.

The category-based segments of the food processing market are Semi-Automated and Fully Automated. The semi-automated segment is likely to register the highest CAGR in the forecast tenure. This can be attributed to the rise in investments made by food processor companies to introduce technologically advanced equipment. Food processors focus on boosting the production efficiency while curbing labor costs, which can drive the segment rise. The fully automated segment is expected to gain popularity over the review tenure that can support the global food processing market expansion.

The application-based segments of the food processing market are bakery & confectionery, beverages, dairy products, meat, poultry, fruits & vegetables, and seafood products among others. The bakery and confectionery segment is likely to dominate the worldwide food processing market in the review period. The expansion of the bakery and confectionery segment can be attributed to the gradual surge in the demand for bakery and confectionery products, such as; chocolate, cookies, bread, and cake that is leading to the increase in the demand for high-efficiency equipment. The growing demand for different types of food processing equipment, such as; formers, mixers, and blenders, by bakery & confectionery manufacturers, can favor the market upsurge in the years to come.

Press Release@ https://www.marketresearchfuture.com/press-release/food-processing-market

Regional Analysis

In Europe, the increase in the investment made by companies dealing in food processors in adoption of automation solutions and innovations can benefit the regional market in the years to come. The rise of EU food processing market can be attributed to the increasing demand for processed food. The inclination toward the fully automated equipment can drive the regional market in the analysis term.

In the Asia Pacific region, the upsurge in demand for poultry, seafood, and processed meat can promote the regional market in the years to come. The increase in demand for RTC products and protein rich RTE can also fuel sales of poultry, processed meat, and seafood can add to the market rise. Government regulations for worker and food safety can influence the adoption of automated equipment, which, in turn, can support the expansion of the market in the near future.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,

New York 10013,

United States of America

 


Comments

Post a Comment

Popular posts from this blog

Key Space Battery Market Players, Strategies and Resources to Grow Your Company, 2030

Market overview    Space batteries are used for space applications such as the launching of vehicles, crew return vehicles, equipment, landers, rovers, and on the International Space Station. The space batteries are used as the energy storage devices or as a secondary source of power. There are a number of space missions that demand the use of space batteries. The companies are working towards the growth of high-speed Internet across the world by deploying satellites.   The lithium-ion batteries that are present in the space batteries that are durable and reliable. There has been a rise in the number of space missions around the world with companies that are planning to launch thousands of satellites by the year 2030, that have been deployed in the end of 2021. The designing of small batteries and the various space applications are some of the challenges that are faced by the market players in the global space battery market .   The global space batte...
Read more

Coconut Sugar Market Size Report With Major Impacting Factors And Investment Study

The global Coconut Sugar Market Size is making rapid progress over the past few years. The market growth majorly attributes to the rising popularity of plant-based sugars. Besides, increasing awareness about the health benefits of coconut sugar and growing preferences for organic products drive the market growth. Moreover, growing advances in derivation technologies escalate the market growth to furthered height, refining the product quality without compromising on the mineral contents. Cumulatively driven by all these factors, the organic Coconut Sugar Market is observing substantial growth. According to Market Research Future (MRFR), the global organic Coconut Sugar Market is expected to reach USD 397.34 million by 2024, registering 5.86% CAGR over the forecast period (2019-2024).  Increasing sales of plant-based sugar alternatives drive the growth of the market.  Owing to its lower fructose levels compared to other sugars, coconut sugar is popular among health-conscious p...
Read more

Natural Deodorants and Perfumes Market Overview, Revenue, Segments, Analysis and Forecasts 2032

Natural Deodorants and Perfumes Market overview It is expected that the Natural Deodorants and Perfumes Market is estimated to hold the value of USD 23.130 Billion by 2032, at a CAGR of 8.50% from 2023 to 2032. These are one of the cosmetics products which people use to prevent bad body odor. Almost all the world's population uses this top to limit the odor. Many features and smells are adding the companies to increase the market value. Natural deodorants and perfumes do not contain any chemicals as they are made with essential oils, non-comedogenic products, etc. Natural perfumes and deodorants do not contain any harmful things. It is free from powerful fragrances and aluminum, and they are also not tested on animals. The natural fragrance can stop odor-causing bacteria and are skin-friendly as well. Most cosmetic products cause skin reactions and severe problems and do not even last long. The natural ones are not harmful, and every skin type can use them without any problems....
Read more