Food Processing and Food Packaging Equipment Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2016 to 2021 and Forecast 2022 to 2028

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Food Processing and Food Packaging Equipment Market By Product Type (Process Equipment and Packaging Equipment), By Technology (Automatic and Semiautomatic), and Geography (North America, Latin America, Europe, Middle East and Africa, Asia Pacific)

 

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Report

Description

Food Processing and Food Packaging Equipment Market size is valued at USD 41.3 billion in 2021 and is expected to reach USD 79.32 billion by 2028, at a CAGR of 8.5% during the forecast period 2022-2028. Various automation devices have a big portion of the food packaging equipment market in the food business. These machines execute processes such as filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labelling, decorating, coding, conveying, and palletizing. Unique food packaging equipment has been developed as a result of technological advancements in order to retain the efficacy, flavour, and taste of food products. Market growth is expected to be fueled by increased awareness of nutritious and hygienic food products, as well as the assumption that they will be safe from the point of packaging till they arrive. The market is expected to expand as consumers desire more attractive, imaginative, and easy-to-carry packaging to set their products apart from the competitors. Furthermore, an increase in consumer buying power, an increase in the number of online grocery orders, and a big consumer base of “on-the-go” consumers are driving demand for food packaging equipment, which is expected to enhance the business.  this report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global Food Processing and Food Packaging Equipment Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Food Processing and Food Packaging Equipment Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). 

Food Processing and Food Packaging Equipment Market

MARKET SUMMARY
-
8.5%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 8.5%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– Europe

Food Processing and Food Packaging Equipment

  • The global Food Processing and Food Packaging Equipment Market report gives comprehensive outlook on Food Processing and Food Packaging Equipment Market across the globe with special emphasis on key regions such as Asia Pacific, North America, Europe, Latin America, and Middle East and Africa.
  • The report on global Food Processing and Food Packaging Equipment Market gives historical, current, and future market sizes (US$ Mn) on the basis of type, end-user and Region.
  • In October 2017, Graphic Packaging Holding Company has announced that one of its wholly owned subsidiaries has acquired Norgraft Packaging, S.A.
key players
  • Graphic Packaging Holding Co (U.S)
  • Illinois Tool Works Inc. (U.S)
  • Krones AG (Germany)
  • TetraPak (Switzerland)
  • John Bean Technologies Corp (U.S)
Food Processing and Food Packaging Equipment Market

DRIVERS AND RESTRAINTS

The food and beverage business is dealing with a substantial shift in consumer demand and product options. Luxury, innovation, brand image, and the popularity of a food product are some of the elements that influence a customer’s purchasing behaviour in hypermarkets, supermarkets, and other retail establishments. Manufacturers are expected to plan out their packaged and ready-to-eat food advertising. In the near future, this is expected to boost market growth. The food and beverage industry is predicted to have a large increase in demand, which will propel the total market.


Asia Pacific got significant share

Food Processing and Food Packaging Equipment Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

Food Processing and Food Packaging Equipment Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Graphic Packaging Holding Co (U.S)
  • Illinois Tool Works Inc. (U.S)
  • Krones AG (Germany)
  • TetraPak (Switzerland)
  • John Bean Technologies Corp (U.S)
  • Manitowoc Foodservice (U.S)
  • Marel (Iceland)
  • Buhler (Switzerland)

Report

Ask An Analyst

Description

Food Processing and Food Packaging Equipment Market size is valued at USD 41.3 billion in 2021 and is expected to reach USD 79.32 billion by 2028, at a CAGR of 8.5% during the forecast period 2022-2028. Various automation devices have a big portion of the food packaging equipment market in the food business. These machines execute processes such as filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labelling, decorating, coding, conveying, and palletizing. Unique food packaging equipment has been developed as a result of technological advancements in order to retain the efficacy, flavour, and taste of food products. Market growth is expected to be fueled by increased awareness of nutritious and hygienic food products, as well as the assumption that they will be safe from the point of packaging till they arrive. The market is expected to expand as consumers desire more attractive, imaginative, and easy-to-carry packaging to set their products apart from the competitors. Furthermore, an increase in consumer buying power, an increase in the number of online grocery orders, and a big consumer base of “on-the-go” consumers are driving demand for food packaging equipment, which is expected to enhance the business.  this report studies global Market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, The global Food Processing and Food Packaging Equipment Market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global Food Processing and Food Packaging Equipment Market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). 

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