Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Overview
A food processing equipment of machine is used for processing raw food materials into consumable food products. These machines are typically used in food and beverage industry, poultry, bakery, and more. The global food processing equipment market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global food processing equipment market is expected to witness significant growth during the forecast period, owing to rising emphasis on operational efficiency and quality of food products.
Market Drivers
Increasing demand for meat, poultry, and bakery products is expected to drive growth of the global food processing equipment market during the forecast period. According to the Organisation for Economic Co-operation and Development (OECD), meat consumption in the U.S. reached 50.1 kilograms/capita in 2019, increasing from 25.3 kilograms/capita in 2016. As a matter of fact, similar trend has been observed in other countries including Argentina, Brazil, Israel, etc. Advanced food processing equipment can cater to this rising demand for meat and poultry products. Thus, these factors are expected to drive growth of the global food processing equipment market during the forecast period. Furthermore, growing emphasis on operational efficiency and quality of food products is expected to boost the global food processing equipment market growth over the forecast period.
Market Restraint
Stringent environmental regulations coupled with infrastructural challenges in emerging economies is expected to hamper the global food processing equipment market growth over the forecast period.
Regional Insights
Among regions, Asia Pacific is expected to witness significant growth in the global food processing equipment market during the forecast period, owing to rapid development in food packaging processing technologies in emerging economies such as India, China, and Thailand. Furthermore, North America is expected to register a robust growth rate over the forecast period, owing to changing consumer preferences towards healthy foods.
Competitive Section
Major companies operating in the global food processing equipment market are GEA Group, Bühler AG, Sinmag Bakery Machine, Baader Group, Hebei XiaoJin, Baker Perkins, Atlas Pacific Engineering, Bucher Industries, and Meyer Industries.
For instance, in June 2019, GEA Group introduced new meat processing machines including MultiJector, an automated brine injection system.
In the world economic growth, the Food Processing Equipment industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Food Processing Equipment market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Food Processing Equipment market size will be further expanded, we expect that by 2024, The market size of the Food Processing Equipment will reach XXX million $.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
GEA Group
Bühler AG
Marel
Ali SpA
JBT
Meyer Industries
Satake Corporation
Haas
Heat and Control
Baader Group
Bucher Industries
Haarslev Industries
Rheon Automatic Machinery
BMA
Sinmag Bakery Machine
Mecatherm
Nichimo
Tomra Systems
Risco SpA
Key Technology
Pavan Srl
MIWE
Baker Perkins
Atlas Pacific Engineering
Hosokawa Micron
Mallet & Company
Briggs
Wenger
Lehui
Hebei XiaoJin
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Frozen Food Processing Machinery
Bakery and Pasta Processing Machinery
Meat Processing Machinery
Industry Segmentation
Food Processing Plants
Restaurants
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
