Food Processing & Handling Equipment Market Is Anticipated To Grow At A Cagr Of 5%-7% During 2020-2025

By Author: Lucintel LLC
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The global food processing & handling equipment market is projected to grow at a CAGR of 5%-7% during 2020-2025. The growth of food processing & handling equipment market is driven by advancements in the food processing industry, innovation in processing technology, and continuous growth in the demand for processed food.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the food processing & handling equipment market by type (food processing equipment, food packaging equipment, and food service equipment), application (bakery & confectionery products, meat & poultry products, dairy products, alcoholic beverages, non-alcoholic beverages, fish & seafood products, and others), form (solid, liquid, and semi-solid) and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the food processing & handling equipment market?
Q.4 What are some changing demands of customers in the ...
... food processing & handling equipment market?
Q.5 What are the new developments in the food processing & handling equipment market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this food processing & handling equipment area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this food processing & handling equipment market?
Emerging trends, which have a direct impact on the dynamics of the industry, include introduction of non-thermal processing.
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Market Segmentation:
Based on type, the food processing & handling equipment market is segmented into food processing equipment, food packaging equipment, and food service equipment. The food processing segment accounted for the largest share of the market in 2020 as these equipment help in reducing production time, ingredient & food waste, and overall cost.
Asia Pacific is expected to be the largest region with the highest growth over the forecast period because the food processing sectors in countries, such as China, India, Australia, and New Zealand, are export-oriented. Also, the processing sector is of prime importance in these countries, as the players here are focusing on technology adoption and automation. This is expected to have a positive impact on the food & beverage processing equipment market in the region.
Key Players in the food processing & handling equipment market are GEA, Buhler Ag, Alfa Laval, JBT, SPX FLOW, Robert Bosch, IMA, Middleby, Dove, Robert Bosch, IMA, Tetra Laval, Multivac, Middleby, Welbilt, and Electrolux.
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The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/food-processing-aand-handling-equipment-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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