The global Food
Processing & Handling Equipment market is foreseen to grow at 6.3%, from
USD 122.4 Billion in 2021 to USD 199.5 Billion in 2029. The incorporation of
robotics and automated technologies in manufacturing plants to propel growth, increasing
demand for hygienic convenience food products to drive growth is seen to propel
the market growth over the forecast period. However, unawareness about the
rules of food safety to hamper market growth yet remains one of the factors
restraining market growth.
Market Definition
What is Food Processing
& Handling Equipment?
The food
processing and handling equipment is primarily utilized for the processing of
meat, seafood, bakery, dairy, and confectionery from their raw form into final
products. Several companies are focusing on the integration of advanced
concepts such as IoT to enhance the user experience.
Research Scope
The report
provides market value for base year 2021 and a yearly forecast from 2022 to
2029 in terms of revenue (USD Million). Market for each segment is present on
North America, Europe, Asia Pacific, Latin America and Middle East & Africa
as well as regional basis for the above-mentioned forecast period.
Key industry
dynamics, regulatory scenario, major material dynamics and Hip replacement
devices future markets are analyzed to understand their impact on demand for
the forecast period. Growth rates have been estimated using correlation,
regression and time-series analysis.
Market Overview
Food Processing
& Handling Equipment market report also provide a thorough understanding of
the cutting-edge competitive analysis of the emerging market trends along with
the drivers, restraints, challenges, and opportunities in the Food Processing
& Handling Equipment market to offer worthwhile insights and current
scenario for making right decision. The report covers the prominent players in
the market with detailed SWOT analysis, financial overview, and key
developments of the products/services from the past three years. Moreover, the
report also offers a 360º outlook of the market through the competitive
landscape of the global industry player and helps the companies to garner Food
Processing & Handling Equipment market revenue by understanding the
strategic growth approaches.
Food Processing
& Handling Equipment Market study by “Zettabyte Analytics” provides details
about the market dynamics affecting the market, Market scope, Market
segmentation and overlays shadow upon the leading market players highlighting
the favorable competitive landscape and trends prevailing over the years.
Market Segmentation
For the purpose
of this report, the global Food Processing & Handling Equipment market is
segmented on the basis of type, application, automation type, End-product Form and
region:
Type
|
Pre-Processing
|
Processing
|
Meat
|
Poultry
|
Others
|
|
|
Application
|
Bakery &
Confectionery
|
Meat & Poultry
|
Dairy
|
Alcoholic &
Non-Alcoholic Beverages
|
Other Applications
|
|
|
Automation Type
|
Automatic
|
Semi-Automatic
|
|
|
End-product Form
|
Solid
|
Liquid
|
Semi-solid
|
Type Outlook:
On the basis of
Type, the market is segmented into Pre-Processing, Processing, Meat, Poultry,
Others.
Figure 1 - Food Processing & Handling
Equipment Market, By Type (Market Size And Forecast By Value - USD Million,
2021 & 2029)