Food Processing and Handling Equipment Market Analysis Covering Current and Future Growth, Trend, Feasibility and Regional Outlook to 2028, Fortune Business Insights

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Food Processing and Handling Equipment Market Analysis Covering Current and Future Growth, Trend, Feasibility and Regional Outlook to 2028, Fortune Business Insights

Apr 07, 2021 (The Expresswire) —

According to the report, The global “Food Processing and Handling Equipment Market Size” is expected to rise with an impressive CAGR and generate the highest revenue by 2026.Fortune Business Insights™ in its latest report published this information. The report is titled “Food Processing and Handling Equipment Market Size, Share and Industry Analysis, By Equipment Type (Processing Equipment, Packaging Equipment, and Service Equipment), By Application (Bakery and Confectionery Products, Meat and Poultry Products, Dairy Products, Beverages, and Others) and Regional Forecast, 2019-2026”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product and their pricing by region/country for all major companies.

For more information, Get a sample pdf @https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/food-processing-and-handling-equipment-market-101701

The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other food processing and handling equipment market trends. The report is available for sale on the company website.

The global food processing and handling equipment market size wasUSD 96.29 billion in 2019and is projected to reachUSD 133.39 billion by 2027,exhibiting aCAGR of 4.1%during the forecast period.

Fortune Business Insights profiles some of the prominent key players operating in the food processing and handling machine market. They are as follows:

  • ALFA LAVAL
  • JBT
  • Dover Corporation
  • Buhler Ag
  • Welbilt
  • M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A.
  • GEA Group Aktiengesellschaft
  • The Middleby Corporation
  • Krones AG
  • Tetra Pak International S.A.
  • Other key market players

LATEST TRENDS

The growing RandD investments in food processing technologies are likely to aid the food processing and handling equipment market growth. Investments for integrating IoT and AI and their amalgamation in the food processing and handling equipment have created several growth opportunities. The increasing investment by domestic as well as global companies in the regional food processing industry in Asia Pacific region is attributable to the high product demand.

According to the National Investment Promotion and Facilitation Agency of India, the food processing industry of the country is expected to attract USD 33 billion investments by the end of 2024. As of 2019, around 40,000 food processing facilities were present in India and this number is expected to increase significantly over the forecast period, thus creating a massive platform for driving the growth for the companies that are active in the market landscape.

What does the Report Include?

The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.

Ask for customization:https://www.fortunebusinessinsights.com/enquiry/customization/food-processing-and-handling-equipment-market-101701

Introduction to Various Digital Solutions in Quick Service Restaurants to Drive Growth

The manufacturers present in the market are persistently focusing on tracking food in the entire value chain to enhance food safety. In today’s world of smart products and Industry 4.0, it has become mandatory and easy to examine the potential of any product. Therefore, it is possible to undertake activities, such as remote maintenance and self-diagnosis by interconnecting the pre-installed base and making them smart for operations. They would then be able to detect the problems in the processing and packaging equipment. Furthermore, quick service restaurants are incorpor

The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the market.

Key Segmental Overview:

1. By Equipment Type

  • Processing Equipment
  • Packaging Equipment
  • Service Equipment

2. By Application

  • Bakery and Confectionery Products
  • Meat and Poultry Products
  • Dairy Products
  • Beverages
  • Others (Grains, Fruits, Nuts and Vegetables, etc.)

3.By Region

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy and Rest of Europe)
  • Asia Pacific (Japan, China, India, Southeast Asia, and Rest of Asia Pacific)
  • Middle East and Africa (South Africa, GCC and Rest of Middle East and Africa)
  • Latin America (Brazil, Mexico, and Rest of Latin America)

In addition, this report also contains a price, revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global Market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the Market report offers a complete analysis of the current situation and the advancement possibilities of the Market across the globe. This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

Have Queries? Speak to Our Analyst at – @https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/food-processing-and-handling-equipment-market-101701

The recent COVID-19 pandemic has adversely affected the manufacturing and food industry, along with a decline in global trade. It is imperative for the food industry to emphasize on personal hygiene rules and offer training to the food industry workers. Governments across the world are promoting hygienic design and engineering of the food equipment through its documents, guidelines, educational programs, laboratory testing methods, and training materials for a clean environment and related topics. The Food Safety Management Systems (FSMS) has implemented a few principles to manage food safety regulations based on the Hazard Analysis and Critical Control Point (HACCP) analysis.

A recent study by the HACCP indicated that the survival of the COVID-19 virus on different surfaces remains viable for up to 72 hours on stainless steel and plastic, 24 hours on cardboard. This has created urgency among food processing equipment manufacturers and operators to take personal preventive measures. To ensure resilience in the food industry, efficient staff hygienic practices have been adopted rapidly, thus creating a few growth opportunities during the COVID-19 pandemic.

Major Table of Contents for Food Processing and Handling Equipment Market:

  1. Introduction
    1. Definition, By Segment
    2. Research Methodology/Approach
    3. Data Sources
  2. Executive Summary
  3. Market Dynamics
    1. Macro and Micro Economic Indicators
    2. Drivers, Restraints, Opportunities and Trends
    3. Impact of COVID-19
      1. Short-term Impact
      2. Long-term Impact
  4. Competition Landscape
    1. Business Strategies Adopted by Key Players
    2. Consolidated SWOT Analysis of Key Players
    3. Porter’s Five Force Analysis
    4. Global Food Processing and Handling Equipment Market Share Analysis and Matrix, 2019
  5. Key Market Insights and Analysis, By Segments
  6. Global Food Processing and Handling Equipment Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
    1. Market Sizing Estimations and Forecasts By Equipment Type (Value)
      1. Processing Equipment
      2. Packaging Equipment
      3. Service Equipment
    2. Market Sizing Estimations and Forecasts By Application (Value)
      1. Bakery and Confectionery Products
      2. Meat and Poultry Products
      3. Dairy Products
      4. Beverages
      5. Others (Grains, Fruits, Nuts and Vegetables, etc.)
    3. Market Analysis, Insights and Forecast By Region (Value)
      1. North America
      2. Europe
      3. Asia Pacific
      4. Middle East and Africa
      5. Latin America
  7. North America Food Processing and Handling Equipment Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
    1. Market Sizing Estimations and Forecasts By Equipment Type (Value)
      1. Processing Equipment
      2. Packaging Equipment
      3. Service Equipment
    2. Market Sizing Estimations and Forecasts By Application (Value)
      1. Bakery and Confectionery Products
      2. Meat and Poultry Products
      3. Dairy Products
      4. Beverages
      5. Others (Grains, Fruits, Nuts and Vegetables, etc.)
    3. By Country (Value)
      1. U.S.
      2. Canada

TOC Continued…

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this Market.

https://www.fortunebusinessinsights.com/press-release/food-processing-and-handling-equipment-market-9407

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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