Food processing machinery

Patient Monitoring Market
Global Food Processing Machinery Market was worth USD 57.57 billion in 2018 and
estimated to be growing at a CAGR of 7.3%, to reach USD 81.88 billion by 2023. Food
processing equipment can perform various operations like slicing vegetables, pureeing,
mixing and kneading dough, shredding or grating cheese or vegetables, grinding items
such as nuts, seeds and others. They can also perform functions like pasteurization,
fermentation, refrigeration and freezing, canning, irradiation and dehydration.
Food Processing Machinery is a complex and multi-dimensional market including all the
apparatus and gear utilized as a part of business sustenance creation and bundling. The
size of the market can be envisioned by considering the regularly expanding sustenance
items. The market is delicate to a few factors, for example, the kind of food delivered and
the handling technique utilized. Processed food offers advantages like enhanced taste,
improved shelf life, low risk of contamination and easy portability.
Global Food Processing Machinery Market is driven by factors like ever rising
demand for food as a result of booming population, rising demand for processed foods,
increasing disposable incomes, changing the preference of consumers towards
packaged foods as a result of increased awareness about their benefits among others.
However, this market faces challenges like consumers concerned about the loss of
nutrients as food is processed, addition of genetically engineered ingredients. These
factors may act as growth hurdles for the Food Processing Machinery in certain regions.
The Global market for Food Processing Machinery is broadly categorized by type into
thermal, cutting & peeling, extraction, mixer, blender & homogenizer and others. By
mode of operations this industry is divided into semi-automatic and automatic segments.
By application this industry is segmented into bakery & confectionery, meat, poultry &
seafood, dairy, beverages and others. In this particular segment meat, poultry & seafood
segments have the highest share accounting to around 30%.
The Global Food Processing Machinery market is geographically segmented into North
America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. Globally,
Europe dominates the market with a share of around 40% and has second largest
growth rate. Second position is taken by the Asia-Pacific region and this region is the
fastest growing in this industry owing to booming populations in countries like China and
India.
Some of the major competitors dominating the Global Food Processing market are Anko
Food Machine Co. Ltd., Berkshire Hathaway Inc., Bucher Industries, John Bean
Technologies Corporation (JBT), Hosokawa Micron Corp., GEA Group, Mallet &
Company, Inc., NICHIMO CO., LTD., SPX Corporation, and Tetra Laval International
S.A.
TABLE OF CONTE
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
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