Report ID: SQMIG20E2054
Food Processing Equipment Market Size, Share, Growth Analysis, By Mode of Operation(Automatic, Semi-automatic), By Type(Processing Equipment, Pre-processing Equipment), By Application(Bakery & Confectionaries; Meat, Poultry, & Seafood; Beverage; Dairy; Fruit, Nut), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20E2054 |
Region:
Global |
Published Date: July, 2001
Pages:
165
|
Tables:
90 |
Figures:
76
Food Processing Equipment Market Insights
Food Processing Equipment Market size was valued at USD 48.84 billion in 2019 and is poised to grow from USD 50.8 billion in 2023 to USD 69.3 billion by 2031, growing at a CAGR of 4% in the forecast period (2024-2031).
A food processing machine is a machine that converts raw food resources into consumable food items. This machinery is utilized in a variety of applications in the food and beverage industries. Bakery, meat and poultry, dairy, and a variety of other industries use custom food processing machinery to improve food product conditioning. Food processing machines provide easy, appealing, safe, and hygienic consumable food products, enhancing machine sales. Population growth, combined with rising per capita disposable income, is expected to increase demand for meat and poultry, as well as consumption of processed foods, boosting market growth over the forecast period. Because of their inherent advantages, such as quality control, durability, hygiene, and preservation, these systems are widely used in a variety of industries, including bakery and confectionery, meat, seafood, and poultry, dairy, and grains.
US Food Processing Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.
Food Processing Equipment Market Report Snapshots
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