Market Data Forecast

Global Food Processing Machinery Market to Thrive and Grow at a CAGR of 7.3% from 2017-2021

Global Food Processing Machinery is driven by factors like ever rising demand for food as a result of booming population and rising demand for processed foods

 

Hyderabad, India -- (SBWIRE) -- 03/06/2018 -- The global Food Processing Machinery market is exhibiting steady growth and is estimated to reach a value of USD 72 billion from a value of USD 50 billion at a CAGR of 7.3%.

Food Processing Machinery is a complex and multi-dimensional market mainly used in the commercial food production and packing. The Food Processing Machinery is mainly used to perform operations such as grating cheese, slicing vegetables, grinding items, kneading dough and other functions include dehydration, freezing, pasteurization, irradiation, refrigeration, fermentation, and canning. Most of these machinery works with the preference of individual consumer taste.

The major driving factors of Food Processing Machinery market are increasing awareness about health conscious among individuals across the globe and the rise in the disposable income. Increasing population coupled with the rise in the demand for the processed food, increasing technological advancements for the innovation of new techniques are driving the demand for growth of the market.
In processed food, the loss of nutrients and the high cost of devices are the primary challenges that the market needs to overcome.

Browse full research report with TOC on : "Global Food Processing Machinery Market By Type (Thermal, Cutting & Peeling, Extraction, Mixer, Blender & Homogenizer), By Mode Of Operation (Semi-Automatic, Fully Automatic), By Application (Bakery & Confectionery, Meat, Poultry & Seafood, Dairy, Beverages, And Others) And By Region (Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021))"
at: https://www.marketdataforecast.com/market-reports/global-food-processing-machinery-market-3032/

Market Data Forecast has segmented the Global Food Processing Machinery Market on the basis of Type, Application, and Mode of operation, End product, and region:

Type Outlook (Volume, Kilograms; Revenue, USD Thousands; 2016 - 2021)
Mixer, Thermal, cutting, extraction, peeling, blender & homogenizer and others

Mode of operation Outlook (Volume, Kilograms; Revenue, USD Thousands; 2016 - 2021)
Semi-automatic and automatic

End product Outlook (Volume, Kilograms; Revenue, USD Thousands; 2016 - 2021)
Solid, semi-liquid, liquid

Application Outlook (Volume, Kilograms; Revenue, USD Thousands; 2016 - 2021)
Seafood, Bakery & meat, poultry, dairy, beverages, confectionery, and others

Region Outlook (Volume, Kilograms; Revenue, USD Thousands; 2016 - 2021)
North America, Latin America, Europe, Middle East and Africa, and Asia-Pacific
Some of the major manufacturers of the market are Tetra Laval International S.A, Anko Food Machine Co. Ltd., Mallet & Company, Inc., Berkshire Hathaway Inc., NICHIMO CO., LTD., Bucher Industries, SPX Corporation, GEA Group, and Micron Corp.

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Further Key Findings from the Report Suggest:
By Type, Thermal segment commanded the major share of the market in 2016.
On the basis of Application, Poultry, meat and seafood segment leads the market and is expected to continue dominating the market during the forecast period.
Automatic is the major segment of the market by Mode of Operation.
Europe dominated the global market owing to the high disposable income and growing demand for food.
Asia Pacific is predicted to grow at the highest CAGR during the forecasting period.

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