Food product machinery refers to specific machines or tools that facilitate the commercial production & packaging of different kind of food including meat, seafood, poultry, baked items, dairy, beverages, and others. Globally, all these products are gaining popularity as they are considered nutritionally rich & shelf stable, and also have lower risk of contamination. These products exist in variety of size, design, and configuration and can be easily operated. Food production machines are available in numerous categories for instance roasters, homogenizers, fryers, dryers, separators, feeders, mixers, grinders, slicers, ovens, and chillers. Rise in demand for these machines in various industries such as poultry farm, seafood, milk, chocolate manufacturing, dairy, bakery, beverage, fruit & vegetables is expected to considerably drive the market demand over the next few years. Furthermore, bakery & chocolate production machinery is likely to witness high growth due to rise in demand for their products. However, sales of meat processing machinery may be fuelled substantially because of rising affordability of these machines with increasing consumer incomes.
As per analysis, “Food Product Machinery Global Market Report 2020-30: Covid 19 Impact and Recovery” the key companies operating in the global food product machinery market include Buhler AG; GEA Group; Tetra Laval International S A; John Bean Technologies; Krones AG and among others. Technological advancements are key strategies adopted by various market players. Moreover, these players offer a variety of product differentiation through reduced emissions & waste by using energy or natural resources efficiently. They also focus on conducting business by protecting the public health environment safety.
Based on type, food product machinery market is segmented as bakery machinery & equipment, dairy product plant machinery & equipment, meat or poultry processing & preparation machinery and others. Meat & poultry segment dominates the market owing to consistent shift in food habits. Based on product type, market is segmented as mixers, extruding machines, depositors, slicers & dicers, refrigerators and others. The extruding machines segment is expected to witness higher growth rate due to energy efficiency, lower price, high productivity, ease of handling, negligible wastages, and other factors. Based on capacity, market is segmented as small capacity, medium capacity and large capacity. In addition, based on operation, market is segmented as manual, autonomous and semi-autonomous.
Growth in population, followed by change in food preferences, growth in technological innovations, increase in disposable income and evolving lifestyle of people are some major factors, which are responsible for growth of the food product machinery market. Apart from this, compliance with stringent government regulations is a major hindering factor for market. Moreover, growth in demand for processed food products and introduction of technological advancements are leading opportunities for market.
Based on geography, the Western Europe region is a leading region in global food product machinery market owing to growth in economy, rise in awareness about new products and increase in research & development (R&D) investments across the region. The Asia-Pacific and North-America regions are estimated to exhibit higher growth rate due to rise in demand for food products, rise in food & beverage market and growth in population over the forecast period.
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Global Food Product Machinery Market
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Food Product Machinery Manufacturing Global Market Forecast To 2022
Food Product Machinery Manufacturing Global Market Report 2019
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