SAN FRANCISCO, January 8, 2019 /PRNewswire/ --
The global food processing equipment market size is anticipated to reach at USD 85.59 billion by 2025, according to a new report published by Grand View Research, Inc. Driven by growing demand for processed and Ready-to-Eat (RTE) food products across the globe, the market is projected to expand at a CAGR of 6.2% over the forecast period. Strict government regulations regarding the hygiene and standardization of food products will further driver the demand for food processing equipment. Increasing demand for meat, poultry, and seafood is also predicted to support the market growth in the coming years.
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Furthermore, growing trend of industrial automation coupled with easy availability of these units will spur the market development. The automatic mode of operation segment led the market in 2017 and is likely to expand further at a CAGR of 7.0% over the forecast period. This growth can be attributed to technological advancements in the processing market. Companies offer automated operational systems for the manufacturing of food processing equipment to have a competitive advantage in the market.
The processing equipment segment is expected to register a CAGR 6.5% in the forecast period reaching USD 45.67 billion by 2025. The pre-processing equipment type is also projected to account for a significant share of the global market.
Browse full research report with TOC on "Food Processing Equipment Market Size, Share & Trends Analysis Report By Type, By Mode of Operation, By Application (Meat, Poultry, Seafood, Bakery, Confectionery), And Segment Forecasts, 2018 - 2025"at:https://www.grandviewresearch.com/industry-analysis/food-processing-equipment-market
Further Key Findings From the Report Suggest:
- The processing equipment type segment is expected to witness the fastest growth over the forecast period
- India was valued at USD 3.2 billion in 2017 owing to the large-scale demand for food processing equipment in the region
- As of 2017, the country is among the prominent markets on account of large population base and rapid industrial development
- The U.S. food processing equipment market is expected to register a CAGR of 4.9% owing to favorable growth opportunities in the region
- U.K. is also anticipated to grow significantly over the coming years
- Some of the companies in the global market include BAADER Group, GEA Group AG, Buhler AG, Alfa Laval AB, and Tetra Laval International S.A.
Browse related reports by Grand View Research:
- One-off Chopsticks Market - The global one-off chopsticks market size was valued at USD 13.94 billion in 2015.
- Food Emulsifiers Market - The global food emulsifiers market size was valued at USD 4.36 billion in 2015.
- Fat Replacers Market - The global fat replacers market size was estimated at USD 1.53 billion in 2015 and is projected to grow at an estimated CAGR of 6.2% from 2016 to 2025.
- Food Container Market - The global food container market size was valued at USD 231.91 billion in 2015.
Grand View Research has segmented the global food processing equipment market on the basis of mode of operation, type, application, and region:
- Food Processing Equipment Mode of Operation Outlook (Revenue, USD Billion, 2014 - 2025)
- Semi-automatic
- Automatic
- Food Processing Equipment Type Outlook (Revenue, USD Billion, 2014 - 2025)
- Processing
- Pre-processing
- Food Processing Equipment Application Outlook (Revenue, USD Billion, 2014 - 2025)
- Bakery & Confectionery
- Meat, Poultry, & Seafood
- Beverage
- Dairy
- Fruit, Nut, & Vegetable
- Grains
- Others
- Food Processing Equipment Regional Outlook (Revenue, USD Billion, 2014 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Russia
- U.K.
- Italy
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Central & South America
- Brazil
- Middle East and Africa
- South Africa
- North America
Explore the BI enabled intuitive market research database,Grand View Compass, by Grand View Research, Inc.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
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Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
