About Food Machinery
Food machinery is used by manufacturer of food for processing food using various techniques including pasteurization, homogenization, blending, and filling. The growth in technological advancements in automation have assisted top players operating in the global food processing machinery market to introduce many new types of machinery and equipment. The trend of globalization in food supply trade is expected to further create huge opportunities for the very market
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Food Machinery market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Food Machinery market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States, German Manufacturers will contribute the maximum growth to Global Food Machinery market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FAM (Belgium), EMURA FOOD MACHINE (Japan), Urschel Laboratories Inc. (United States), GEA Group (Germany), TREIF Maschinenbau (Germany), Weber Maschinenbau GmbH (Germany), Holac Maschinenbau (Germany), Cheersonic (China), Jaymech Food Machines (United Kingdom) and KRONEN GmbH (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Sormac (The Netherlands), Stephan Machinery (Germany) and Deville Technologies (United States).
Segmentation Overview
AMA Research has segmented the market of Global Food Machinery market by Type (Pre-Processing (Sorting & Grading, Mixing & Cutting and Others), Processing (Blanching, Cooking, Seasoning & Coating) and Packaging), Application (Bakery & Confectionery Products, Meat & Poultry Products, Fish & Seafood, Dairy Products and Others (Fruits, Vegetables)) and Region.
On the basis of geography, the market of Food Machinery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Mode of Operation, the sub-segment i.e. Automatic will boost the Food Machinery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Industry will boost the Food Machinery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Dietary Focus Shifts Towards More Value-Added Foods Including Meat & Chocolate and Increasing Automation of Processes in Food Manufacturing Industry
Market Growth Drivers:
Increasing Food Safety Regulations and the High Demand for Packaging & Re-Packaging in Food Production, Surging Need to Improve Productivity and Rapid Industrialization in Developing Countries Coupled with Increasing Consumer Disposable Income
Challenges:
High Cost of Food Machinery and Compliance to Stringent Government Regulations
Restraints:
Lack of Skilled Workforce in Emerging Economies and Rising Prices of Raw Materials
Opportunities:
Increasing Adoption of Robot Operated Machine in Developed Economies and The Trend of Globalization in Food Supply Trade
Market Leaders and their expansionary development strategies
In July 2022, BT Corporation, a global technology solutions provider to high-value segments of the food and beverage industry, announced it has acquired Alco-food-machines GmbH & Co.
In May 2023, Syntegon launched new vertical form, fill, seal (VFFS) machines for various food applications and a second package for its cloud-based monitoring solution at interpack 2023 – aspiring to provide customers with a safe, flexible, and efficient packaging line.
The European Standardisation Committee (CEN) has produced a number of European CEN 'C' standards which set out safety requirements for certain types or groups of food machine.
Key Target Audience
Food Machinery Manufacturers, Raw Material Suppliers, Food Packaging Technology and Equipment Manufacturers, Regulatory Bodies, Intermediary Suppliers, Food Manufacturers, Trade Associations and Industry Bodies, Government and Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.