PUBLISHER: Allied Market Research | PRODUCT CODE: 1070610
PUBLISHER: Allied Market Research | PRODUCT CODE: 1070610
The food business has the most diverse range of packaging equipment of any industry. To keep food fresh and convenient for use, food products are filled hot, cold, frozen, dried, particles, or merely liquids then vacuum sealed or packaged in bottles, boxes, bags, and cans. Filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labeling, decorating, coding, conveying, and palletizing are all done with packaging machinery. Packaging is one of the most important steps before commercialization or presentation of the finished product to industry or end-user consumers. Thus, technological advancement has resulted in the creation and invention of food packaging equipment, which has significantly contributed to the market's development.
Consumer food choices have changed as a result of the rise in lifestyle. Demand for ready-to-eat natural and organic food products that are highly perishable has been witnessed. As a result of these factors, the packaging industry develops innovative packaging equipment &solutions for food safety and cleanliness. Thus, the food packaging equipment industry is primarily driven by hygienic packaging of food. The increase in purchasing power, large on-the-go consumer base, and preference for online grocery ordering leads to an increase in demand for packaged food, giving food packaging equipment manufacturers more room to grow. Packaging not only enhances the shelf life of food products, however it is also utilized for decoration. Thus, packaging as a tool for product differentiation is expected to drive market growth during the forecast period. Furthermore, rise in consumer desire for protein-rich foods leads to higher consumption of processed meat, poultry, and seafood, propelling the food packaging equipment market. Whereas in most developing countries, the high cost of developing &installing food packaging equipment, stringent food safety legislation, and energy-inefficient packaging equipment &machinery stifle market growth. Furthermore, the development of the packaged food industry in emerging economies such as China, India, Indonesia, and Brazil presents a growth opportunity for the market.
The food packaging equipment market is segmented on the basis of equipment, application, and region. By equipment, it is divided into bottling line; cartoning; case handling; closing; filling & dosing; form, fill & seal; labeling, decorating & coding; palletizing; wrapping & bundling; and others. On the basis of application, the market is classified into meat, poultry & seafood, dairy, bakery & snack, frozen, candy & confectionery, cereal & grain, perishable prepared, and shelf stable. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players profiled in this study include:
By Application
Note: *Details on financial performance and strategic moves and developments may not be captured for
unlisted companies.
List of companies profiled in this TOC is tentative and may change after detailed analysis.
Market size and forecast will be provided from 2020-2031, and forecast period would be 2022-2031.
The provided information and segments are for representation purpose only. The actual information
delivered would change significantly as per findings during the course of study and upon its
completion.