Food Processing and Handling Equipment Market Growing Adoption by 2032

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In 2022, the Food Processing and Handling Equipment Market had a market value of USD 65.3 Billion, and it is projected to reach USD 72.6 Billion by 2032, with a compound annual growth rate (CAGR) of 6.8% during the forecast period.

In 2022, the Food Processing and Handling Equipment Market had a market value of USD 65.3 Billion, and it is projected to reach USD 72.6 Billion by 2032, with a compound annual growth rate (CAGR) of 6.8% during the forecast period. Several factors are contributing to the growth of this market, including increasing consumer demand for processed food products, greater awareness of food safety and hygiene, advancements in food processing equipment technology, and the need for automation to enhance operational efficiency in the food industry.

The rising global population and changing consumer preferences towards convenient and processed food items are driving the demand for food processing and handling equipment. The demand for packaged and ready-to-eat food products is on the rise due to urbanization and modernization trends worldwide, leading to increased investments in food processing and handling machinery. Additionally, the market is experiencing growth due to the need for food products with extended shelf lives and the expanding popularity of online food delivery services.

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Top Companies Operating in the Global Food Processing and Handling Equipment Market Report:

  • Tetra Laval International S.A.
  • Alfa Laval AB
  • Bühler Holding AG
  • GEA Group Aktiengesellschaft
  • John Bean Technologies Corporation
  • Heat and Control, Inc.
  • Marel hf.
  • SPX FLOW, Inc.
  • Key Technology, Inc.
  • LECO Corporation
  • Heat Exchange and Transfer, Inc.

Market Overview:

In the food and beverage sector, all businesses involved in the processing, packaging, or distribution of raw food materials are included. In addition to medications, this industry touches all human-made products, including fresh and packaged meals, alcoholic and nonalcoholic beverages.

Since the Covid-19 outbreak has caused a financial depression, consumers are trying to conserve their money as much as possible. To do this, consumers are buying more generic things and cooking their own meals instead of eating out. In order to reduce the cost of goods sold, attract more customers, and increase profit margins, food processing companies are becoming more creative.

As a result of obesity, the global food and beverage industry is experiencing tremendous growth. As consumers' desire for healthy foods has increased, so has their demand for more detailed nutrition data. Both of these changes have caused companies to launch lower-calorie foods and tighten their control over how their brands are perceived.

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This report analyzes the Food Processing and Handling Equipment market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Food Processing and Handling Equipment market is provided to gain a deeper understanding of its growth and progress.

The global Food Processing and Handling Equipment market is segmented into:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Further market segmentation

Product Type Outlook:

  • Processing Machinery
  • Packaging Machinery
  • Sorting and Grading Machinery
  • Mixing and Blending Machinery
  • Others

End-Use Outlook:

  • Food and Beverage Industry
  • Restaurants and Catering Services
  • Others

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