Growth Opportunities in the Food Processing and Packaging Equipment Sector, Global, 2024 2028

Growth Opportunities in the Food Processing and Packaging Equipment Sector, Global, 2024 2028

Food Processing 4.0 and Disruptive Technologies are Driving Transformational Growth

RELEASE DATE
05-Sep-2024
REGION
Global
Deliverable Type
Market Research
Research Code: PFL5-01-00-00-00
SKU: FA_2024_995
AvailableYesPDF Download
$4,950.00
In stock
SKU
FA_2024_995

Growth Opportunities in the Food Processing and Packaging Equipment Sector, Global, 2024 2028
Published on: 05-Sep-2024 | SKU: FA_2024_995

Need more details?
$4,950.00
DownloadLink
Need more details?

This Frost & Sullivan analysis assesses the growth opportunities across the food processing and packaging equipment market. The application areas considered include beverages; fruits and vegetables; dairy; meat, fish, and poultry; bakery and confectionary; oils and fats; breakfast cereals, and snacks; and pet food. The equipment scope includes all processing and packaging machinery/equipment used across different end applications. This analysis provides a detailed examination of the value chain and the market activity of key players in the industry.

The global food processing and packaging equipment market generated revenues of $100.35 billion in 2023. The market will grow thanks to a greater focus on sustainability and stringent food safety and quality control standards. The food processing equipment market accounted for 71.2% of the revenue share in 2023. The meat, fish and poultry, dairy, and beverage segments will drive most of the growth in the food processing equipment market. Food processing 4.0 will be one of the key growth drivers for food processing and packaging equipment over the forecast period. The integration of AI, Internet of Things (IoT), smart sensors, digital twins, big data, and robotics will play a part in the food processing 4.0 concept.

Geographically, Asia-Pacific held the largest revenue share of the global food processing and packaging equipment market in 2023. The Asia-Pacific market is driven by evolving customer preferences, such as the demand for smaller portion food sizes.

Author: Smriti Sharma

Why Is It Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Food Processing and Packaging Industry

Scope of Analysis

Segmentation

Segmentation (continued)

Segmentation (continued)

Food Processing and Packaging Equipment Value Chain

Food Processing and Packaging Equipment Value Chain (continued)

Competitive Environment: Food Processing Equipment

Key Competitors: Processing Equipment

Competitive Environment: Food Packaging Equipment

Key Competitors: Packaging Equipment

Company Mapping: Food Processing and Packaging Equipment

Company Mapping: Food Processing and Packaging Equipment (continued)

Company Mapping: Food Processing and Packaging Equipment (continued)

Company Mapping: Food Processing and Packaging Equipment (continued)

Company Mapping—Food Processing and Packaging Equipment (continued)

Key Findings

Growth Metrics

Growth Drivers

Growth Driver Analysis

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Restraints

Growth Restraint Analysis

Forecast Considerations

Revenue Forecast

Revenue Forecast by Equipment

Revenue Forecast by End Application: Food Processing Equipment

Revenue Forecast by End Application: Food Packaging Equipment

Revenue Forecast Analysis

Revenue Forecast by Region: Food Processing Equipment

Revenue Forecast by Region: Food Packaging Equipment

Revenue Forecast Analysis by Region

Mergers and Acquisitions

Mergers and Acquisitions (continued)

Mergers and Acquisitions (continued)

Mergers and Acquisitions (continued)

Revenue Share: Food Processing Equipment

Revenue Share Analysis: Food Processing Equipment

Revenue Share: Food Packaging Equipment

Revenue Share Analysis: Food Packaging Equipment

Growth Metrics

Trends in Beverage Processing and Packaging Equipment

Revenue Forecast

Revenue Forecast by Equipment

Forecast Analysis

Revenue Forecast by Region: Food Processing Equipment

Revenue Forecast by Region: Food Packaging Equipment

Forecast Analysis by Region

Growth Metrics

Trends in Fruits and Vegetable Processing and Packaging Equipment

Revenue Forecast

Revenue Forecast by Equipment

Forecast Analysis

Revenue Forecast by Region: Food Processing Equipment

Revenue Forecast by Region: Food Packaging Equipment

Forecast Analysis by Region

Growth Metrics

Trends in Grain, Oil, and Fat Processing and Packaging Equipment

Revenue Forecast

Revenue Forecast by Equipment

Forecast Analysis

Revenue Forecast by Region: Food Processing Equipment

Revenue Forecast by Region: Food Packaging Equipment

Forecast Analysis by Region

Growth Metrics

Trends in Bakery and Confectionery Processing and Packaging Equipment

Revenue Forecast

Revenue Forecast by Equipment

Forecast Analysis

Revenue Forecast by Region: Food Processing Equipment

Revenue Forecast by Region: Food Packaging Equipment

Forecast Analysis by Region

Growth Metrics

Trends in Meat, Fish, and Poultry Processing and Packaging

Revenue Forecast

Revenue Forecast by Equipment

Forecast Analysis

Revenue Forecast by Region: Food Processing Equipment

Revenue Forecast by Region: Food Packaging Equipment

Forecast Analysis by Region

Growth Metrics

Trends in Dairy Processing and Packaging Equipment

Revenue Forecast

Revenue Forecast by Equipment

Forecast Analysis

Revenue Forecast by Region: Food Processing Equipment

Revenue Forecast by Region: Food Packaging Equipment

Forecast Analysis by Region

Growth Metrics

Trends in Breakfast Cereal, Snack, and Pet Food Processing and Packaging Equipment

Revenue Forecast

Revenue Forecast by Equipment

Forecast Analysis

Revenue Forecast by Region: Food Processing Equipment

Revenue Forecast by Region: Food Packaging Equipment

Forecast Analysis by Region

Growth Opportunity 1: Portfolio Expansion and Increased R&D Investment

Growth Opportunity 1: Portfolio Expansion and Increased R&D Investment (continued)

Growth Opportunity 2: Application Diversification

Growth Opportunity 2: Application Diversification (continued)

Growth Opportunity 3: Sustainable Processing and Packaging

Growth Opportunity 3: Sustainable Processing and Packaging (continued)

Other Companies: Food Processing Equipment

Other Companies: Food Packaging Equipment

Best Practice Recognition

Frost Radar

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

List of Exhibits (continued)

List of Exhibits (continued)

List of Exhibits (continued)

Legal Disclaimer

Purchase includes:
  • Report download
  • Growth Dialog™ with our experts

Growth Dialog™

A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

This Frost & Sullivan analysis assesses the growth opportunities across the food processing and packaging equipment market. The application areas considered include beverages; fruits and vegetables; dairy; meat, fish, and poultry; bakery and confectionary; oils and fats; breakfast cereals, and snacks; and pet food. The equipment scope includes all processing and packaging machinery/equipment used across different end applications. This analysis provides a detailed examination of the value chain and the market activity of key players in the industry. The global food processing and packaging equipment market generated revenues of $100.35 billion in 2023. The market will grow thanks to a greater focus on sustainability and stringent food safety and quality control standards. The food processing equipment market accounted for 71.2% of the revenue share in 2023. The meat, fish and poultry, dairy, and beverage segments will drive most of the growth in the food processing equipment market. Food processing 4.0 will be one of the key growth drivers for food processing and packaging equipment over the forecast period. The integration of AI, Internet of Things (IoT), smart sensors, digital twins, big data, and robotics will play a part in the food processing 4.0 concept. Geographically, Asia-Pacific held the largest revenue share of the global food processing and packaging equipment market in 2023. The Asia-Pacific market is driven by evolving customer preferences, such as the demand for smaller portion food sizes. Author: Smriti Sharma
More Information
Deliverable Type Market Research
Author Smriti Sharma
Industries Agriculture and Nutrition
No Index No
Is Prebook No
Podcast No
WIP Number PFL5-01-00-00-00