Food Packaging Equipments Market Likely To Reach A Valuation Of Around USD 60.40 Billion By 2025: Grand View Research, Inc.

January 24 18:12 2019

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global food packaging equipments market size is estimated to surpass USD 60.40 Billion by 2025. It is anticipated to expand at a CAGR 4.87% over the forecast period. Growing demand for convenient, packaged, processed, and ready-to-eat food products is favoring the packaging industry, especially in emerging regions like Asia Pacific.

The global food packaging equipments market size is estimated to surpass USD 60.40 Billion by 2025. It is anticipated to expand at a CAGR 4.87% over the forecast period. Growing demand for convenient, packaged, processed, and ready-to-eat food products is favoring the packaging industry, especially in emerging regions like Asia Pacific. This factor is anticipated to bode well for market growth in the forthcoming years.

Increasing awareness among consumers regarding packaging, hygiene, and nutritional value of food coupled with rise in demand for dairy, bakery, confectionery, meat, poultry, seafood, and allied products is anticipated to trigger the market growth. In addition, rising investments for developing efficient manufacturing units for packaging equipment is predicted to encourage growth of the food packaging equipment market over the forecast timeframe. Government regulations regarding manufacturing materials and processes along with secure work environment and product standardization is expected to further drive the growth.

The filling and dosing equipment segment is expected to register significant CAGR over the forecast period. Product standardization, quality, and value-added engineering in manufacturing processes offer competitive advantage to the manufacturers in the market. The shift in dietary habits, westernization in lifestyle and food consumption supported by inclination of consumers towards ready-to-eat and packaged food is projected to augment the demand for packaging equipment favoring food packaging equipments market.

Russia is expected to attain USD 5.40 Billion by 2025. Increasing industrial automation, purchasing parity power and shifts in the dietary habits are some of the reasons that are expected to propel the market growth. India was valued at USD 3.01 Billion in 2017. Bakery and confectionary and convenience food application is forecasted to have significant market share in 2017. The growth of Indian market for food packaging equipment is driven by rapid infrastructural development, change in lifestyle, health consciousness, healthy food habits, and other macroeconomic factors.

Access Full Research Report On Food Packaging Equipment Market Analysis:
www.grandviewresearch.com/industry-analysis/food-packaging-equipment-market

U.S. food packaging equipment market size, by equipment, 2014 - 2025 (USD Billion)

Further key findings from the report suggest:

  • Filling and dosing equipment is expected to lead the equipment segment with a CAGR of 4.99% over the forecast period, owing to ongoing research in packaging automation, adoption of Industry 4.0, and technological advancements

  • Dairy product is expected to emerge dominant application segment and expand at a CAGR of 4.99% over the forecast period

  • Canada Food Packaging Equipment market is expected to expand at a CAGR of 5.72% over the forecast period, owing to favorable market opportunities, industrialization, and supportive government policies

  • Key market players are Bosch Packaging Technology GmbH, GEA Group Aktiengesellschaft, Coesia S.p.A., MULTIVAC Group, and ARPAC LLC among others.

Browse More Reports Of This Category By Grand View Research At: 
www.grandviewresearch.com/industry/food-safety-and-processing

Global food packaging equipment market share, by application, 2017 (%)

Grand View Research has segmented the global food packaging equipments market based on equipment, application, and region:

Food Packaging Equipments Outlook (Revenue, USD Billion, 2014 – 2025)

  • Form-fill-seal

  • Filling & Dosing

  • Cartoning

  • Case Packing

  • Wrapping & Bundling

  • Others

Food Packaging Equipments Application Outlook (Revenue, USD Billion, 2014 – 2025)

  • Bakery & Confectionary

  • Dairy Products

  • Fruits, Nuts & Vegetables

  • Meat, Poultry & Seafood

  • Convenience Food

  • Others

Food Packaging Equipments Regional Outlook (Revenue, USD Million, 2014 – 2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • Russia

    • Norway

    • U.K.

  • Asia Pacific

    • China

    • India

    • Australia

  • Central & South America

    • Venezuela

    • Brazil

    • Argentina

  • The Middle East and Africa

    • Saudi Arabia

    • UAE

    • Egypt

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Website: www.grandviewresearch.com/industry-analysis/food-packaging-equipment-market

  Categories: