Global Food Product Machinery Market Overview And Prospects
Learn about the global food product machinery market through The Business Research Company, which provides information on food product machinery market size, food product machinery market drivers and restraints, food product machinery market players, the COVID-19 impact on the food product machinery market, and more.
The global food product machinery market size is expected to grow from $35.86 billion in 2021 to $39.51 billion in 2022 at a compound annual growth rate (CAGR) of 10.2%. The global food product machinery market size is expected to grow to $55.56 billion in 2026 at a compound annual growth rate (CAGR) of 8.9%.
The food product machinery manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries.
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The food product machinery market consists of sales of food product machinery by entities (organizations, sole traders, and partnerships) that produce equipment such as dairy product plant machinery and equipment, bakery machinery and equipment, meat and poultry processing and preparation machinery, and other commercial food production machinery.
Global food product machinery market segments include:
By Type: Dairy Product Plant Machinery And Equipment, Bakery Machinery And Equipment, Meat And Poultry Processing And Preparation Machinery, Other Commercial Food Products Machinery
By Product: Depositors, Extruding Machines, Mixers, Refrigerators, Slicers & Dicers, Other Products
By Capacity: Small, Medium, Large
By Operation: Autonomous, Semi-autonomous, Manual
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe was the largest region in the food product machinery market in 2021.
Bakery machinery and equipment manufacturers are now offering high-performance continuous baking ovens to improve production efficiency and consistency in quality. Unlike batch ovens, continuous baking ovens allow cooking or baking process on a continuous line thus providing consistency in the operation. These ovens can be used for high-temperature cooking, impingement, convection, super-heated vapor, and linear or spiral cooking. Continuous baking ovens provide faster bake times and throughput, precise control, improved consistency in quality, and minimal product waste compared to traditional batch ovens. In addition, continuous baking reduces labor costs and saves energy by up to 15%.
TBRC’s food product machinery market report covers:
Major Market Players: Tetra Laval International S.A, Krones AG, GEA Group, Bühler Group, The Middleby Corporation, JBT Corporation, Dover Corporation, Illinois Tool Works Inc, CIMC Enric Holdings Limited, and Sumitomo Heavy Industries
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Food Product Machinery Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides food product machinery market overviews, analyzes and forecasts market size, share, food product machinery market players, food product machinery market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s food product machinery market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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