Global Food Processing and Food Material Handling Equipment Market is forecasted to grow at 6.9% with factors such as growing demand for fine dining in all the regions.
Global food processing & food material handling equipment market has shown an exceptional penetration in regions such as Asia-Pacific, North America and Europe due to the increasing investments in food industry in both developing and developed countries. In developing countries of Asia-Pacific, changing lifestyle of the consumers is creating opportunity for the global food processing & food material handling equipment market.
Global Food Processing & Food Material Handling Equipment Market Scenario
According to Data Bridge Market Research the market for global food processing & food material handling equipment market in Asia-Pacific has the highest market share followed by North America and Europe. Market leader is TETRA PAK which accounts an estimated market share of approximately 7% to 10% in the global food processing & food material handling equipment market. The company has gained outstanding sale through their food processing and packaging solution.
For instance,
- In June 2020, Tetra Pak has launched first-of-its-kind low-energy processing line for juice, nectar and still drinks (JNSD) to take beverage processing to a new level of efficiency. This product launch has helped the company to widen its product portfolio.
Trends Impacting the Market
Now the question is which other regions Tetra Pak, Bigtem Makine A.S. and Buhler are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific food processing & food material handling equipment market and the market leaders targeting North America and Europe to be their next revenue pockets for 2021.
The food processing & food material handling equipment market is becoming more competitive every year with companies such as Tetra Pak, Bigtem Makine A.S. and Buhler as they are the market leaders for food processing & food material handling equipment. The data bridge market research new reports highlight the major growth factors and opportunities in the food processing & food material handling equipment market.
For more analysis on the Food Processing & Food Material Handling Equipment Market: https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-food-processing-and-food-material-handling-equipment-market
Global Food Processing & Food Material Handling Equipment Market’s Development in 2021
- In March 2021, Tetra Pak has collaborated with Rockwell Automation for Cheese and Powder Solutions. The combination of Tetra Pak’s food application expertise and the leading digital technology of Rockwell Automation will help producers to adapt to fluctuating demand-driven manufacturing far more quickly and more cost effectively. This has helped the company to improve quality consistency, enhance efficiency and reduce variability, redefining industry performance metrics.
- In January 2021, Bühler Group has acquired a roller mill specialist Design Corrugating Companies, based in Taylorville, Illinois, reports Neill Barston. This acquisition has helped the company to operate seven service centers in the United States, serving grain, oilseed, feed, pet food, and chocolate processors, as well as brewers and distillers, inks and coating.
Scope of the Food Processing & Food Material Handling Equipment Market
Global food processing & food material handling equipment is segmented on the basis of regions into Asia-Pacific, North America, Europe, Middle East and Africa and South America.
- All region based analysis of food processing & food material handling equipment is further analyzed based on further segmentation. On the basis of equipment type, the global food processing & food material handling equipment market product is segmented into food processing equipment and food packaging equipment. On the basis of application, the global food processing & food material handling equipment market is segmented into bakery & confectionery products, meat & poultry products, dairy products, alcoholic beverages, non-alcoholic beverages, fish & seafood products and others. On the basis of form, the global food processing & food material handling equipment market is segmented into solid, liquid and semi-solid.
To know more about the study: https://www.databridgemarketresearch.com/reports/global-food-processing-and-food-material-handling-equipment-market
Key Pointers Covered in Food Processing & Food Material Handling Equipment Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- Tetra Pak
- Bigtem Makine A.S.
- Buhler
- The Middleby Corporation
- ALFA LAVAL
- Marel
- JBT
- GEA Group Aktiengesellschaft
- SPX FLOW
- TNA Australia Pty Limited.
- Krones AG
- BAADER
- LEHUI
- Schaaf Technologie GmbH
- FENCO Food Machinery s.r.l.
Above are the key players covered in the report, to know about more and exhaustive list of food processing & food material handling equipment companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-food-processing-and-food-material-handling-equipment-market
Research Methodology: Global Food Processing & Food Material Handling Equipment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Food Processing/Packaging equipment/Packaging technology
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Related Reports
- Global Food Packaging Technology and Equipment Market, 2028
- Global Food Packaging Equipment Market, 2028
- Global Bundling Food Packaging Equipment Market, 2028
Browse in Materials and Packaging Category Related Reports@ https://www.databridgemarketresearch.com/report-category/materials-and-packaging
