(Entertainment-NewsWire.com, October 13, 2017 ) According to Publisher, the Global Food Processing and Packaging Equipment Market accounted for $21.1 billion in 2015 and is expected to grow at a CAGR of 14.1% to reach $52.9 billion by 2022. Increasing attentiveness intensity regarding original food products, rising economy, more availability of raw materials, new advancements in technology, investment on study and growth over food processing equipment are some of the key factors that are boosting the market growth across the world and especially in the European countries. However, growing costs of power and energy is the major restraint inhibiting the market growth.
By industries, seafood industry segment dominated the global food processing and packaging equipment market and accounted for the highest market share of more than 30% during the forecast period. Moreover, Asia Pacific and Europe together commanded for the largest market share. On the other hand, Asia Pacific is the fastest growing markets for food processing equipment during the forecast period.
Some of the key players in this market include Ishida Co., Ltd., Seital Srl, Bettcher Industries Inc., Anko Food Machine Company Limited, Coesia Spa, Berkshire Hathaway Incorporated, Baader-Johnson, Jbt Foodtech, Krones Ag, Bühler Holding AG, GEA Group AG, Tetra Laval, Bean(John)Technologies Corporation, Nichimo and BMA Group.
Industries Covered: -Poultry farm -Chocolate manufacturing unit -Dairy industry -Biscuits -Vegetable industry -Seafood industry -Industrial bakery -Beverage industry -Soft Drinks -Bottled Water -Beers -Fruit Juices -Sugar
Regions Covered: -North America -US -Canada -Mexico -Europe -Germany -France -Italy -UK -Spain -Rest of Europe -Asia Pacific -Japan -China -India -Australia -New Zealand -Rest of Asia Pacific -Rest of the World -Middle East -Brazil -Argentina -South Africa -Egypt
