[175+ Pages Research Report] Global Food Processing and Food Packaging Equipment Market to surpass USD 94.73 billion by 2030 from USD 47.95 billion in 2020 at a CAGR of 8.7 % in the coming years, i.e., 2021-30. The food and beverage industry is among the key factors driving the demand.

Product Overview

Food packaging is required in order to deliver food to consumers in a safe and timely manner. In the food packaging industry, food packaging equipment performs various functions such as wrapping, sealing, coding, and filling. Health label packaging guarantees food product consistency across the supply chain. Food packaging that is effective can withstand a wide range of temperature variations. Bakery, confectionery, dairy products, poultry, meat and seafood, fruits and vegetables, snack foods, and other food packaging applications are the most popular. To preserve the taste and flavor of food, technological advancements have led to the creation of revolutionary food packaging products and equipment.

Market Highlights

Global Food Processing and Food Packaging Equipment market is expected to project a notable CAGR of 8.7% in 2030.

The demand for food packaging equipment is being fueled by the rise in urbanization and the number of people opting for on-the-go meals. Increased customer knowledge of hygienic food products is another factor propelling the demand for food packaging equipment. Increasing Health awareness and changing dietary habits are anticipated to further fuel the growth.

Global Food Processing and Food Packaging Equipment Market: Segments

Biodegradable segment to grow with the highest CAGR during 2020-30

Global Food Processing and Food Packaging Equipment market is segmented by type into controlled, active, intelligent, aseptic, biodegradable, and others. The biodegradable segment held the largest market share in the year 2020. The demand for biodegradable packaging technology is expected to rise quickly, as the widespread use of plastic as a packaging material has raised environmental concerns due to its difficulty in decomposition. Several governments have enacted strict rules governing the use of plastic and other non-biodegradable packaging materials.

Dairy & Dairy Products segment to grow with the highest CAGR during 2020-30

Global Food Processing and Food Packaging Equipment market is divided by application into Meat, Poultry, & Seafood Products, Dairy & Dairy Products, Processed Food, Beverages, and Cereals & Grains. Over the forecast period, the Dairy & Dairy Products segment is projected to expand at the fastest pace. Perishable food products, such as dairy, dairy substitutes, and related products, have a short shelf life, making them vulnerable to contamination, emissions, and climatic changes, fueling consumer demand. The food and beverage industry is dealing with a dramatic shift in consumer demand and product options. Luxury, novelty, brand image, and the success of a food product are some of the factors that affect a customer's purchasing behavior in hypermarkets, supermarkets, and other retail establishments. Manufacturers are required to plan out their packaged and ready-to-eat food promotions. In the near future, this is expected to boost business growth.

Market Dynamics

Drivers

Innovative Food Packaging Equipment and Increased Knowledge of Hygienic Food Products

In the food industry, a large amount of packaging equipment is used. These are used for filling, bagging, sealing, packaging, bundling, cartooning, over-capping, lidding, labeling, decorating, coding, conveying, and palletizing, among other things. Innovative food packaging equipment has emerged as a result of technological advancements in order to preserve the efficacy, flavor, and taste of food products. Increased knowledge of nutritious and hygienic food products, as well as the expectation that they will be safe from the time they are packaged until they arrive, is expected to drive market growth.

Rise in Demand of Creative Packaging and Online Orders

The market is expected to expand due to an increase in demand for attractive, creative, and easy-to-carry packaging that distinguishes the product from the competition. Furthermore, rising buying power, an increase in the number of online grocery orders, and a large customer base of on-the-go consumers are fueling packaging demand, which is expected to drive the market.

Restraint

Competition from Local Manufacturers and High Costs Associated with Market

Rising competition from local manufacturers as well as high costs of raw material and manufacturing costs are the market's stumbling block.

Global Food Processing and Food Packaging Equipment Market: Key Players

Arpac LLC

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Bosch Packaging Technology

Coesia Group

GEA Group

IMA Group

Ishida

Multivac, Inc.

Nichrome India Ltd.

Omori Machinery Co. Ltd.

Other Prominent Players

Global Food Processing and Food Packaging Equipment Market: Regions

Global Food Processing and Food Packaging Equipment market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Food Processing and Food Packaging Equipment in Asia Pacific held the largest market share in the year 2020. In Asia Pacific, economic stability, infrastructure creation, and buying parity are expected to aid the market's growth over the forecast period. Economic growth in countries like India and China, accompanied by technological investments, is expected to have a positive effect on the industry. Because of evolving food habits, rising health consciousness, and other macroeconomic factors, China is expected to make a major contribution to the food and beverage industry.

Global Food Processing and Food Packaging Equipment Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Food Processing and Food Packaging Equipment Market report also contains analysis on:

Food Processing and Food Packaging Equipment Market Segments:

By Type

Controlled

Active

Intelligent

Aseptic

Biodegradable

Others

By Application

Meat, Poultry, & Seafood Products

Dairy & Dairy Products

Processed Food

Beverages

Cereals & Grains

Food Processing and Food Packaging Equipment Market Dynamics

Food Processing and Food Packaging Equipment Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Food Processing and Food Packaging Equipment Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Food Processing and Food Packaging Equipment market

What is the Food Processing and Food Packaging Equipment market growth

Which segment accounted for the largest Food Processing and Food Packaging Equipment market share

Who are the key players in the Food Processing and Food Packaging Equipment market

What are the factors driving the Food Processing and Food Packaging Equipment market

Contents

1. Executive Summary

2. Global Food Processing and Food Packaging Equipment Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Food Processing and Food Packaging Equipment Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Food Processing and Food Packaging Equipment Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Food Processing and Food Packaging Equipment Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Type: Market Share (2020-2030F)

1. Controlled, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Active, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Intelligent, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Aseptic, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Biodegradable, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

6. Other, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Application : Market Share (2020-2030F)

1. Meat, Poultry, & Seafood Products, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Dairy & Dairy Products, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Processed Food, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Beverages, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Cereals & Grains, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. Arpac LLC

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Bosch Packaging Technology

3. Coesia Group

4. GEA Group

5. IMA Group

6. Ishida

7. Multivac, Inc.

8. Nichrome India Ltd.

9. Omori Machinery Co. Ltd

10. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

Research Programs/Design

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources