Dublin, March 15, 2019 (GLOBE NEWSWIRE) -- The "Food Packaging Equipment Market Size, Share & Trends Analysis Report by Equipment (Form-fill-seal, Filling & Dosing, Cartoning), By Application (Dairy, Bakery, Convenience Food), And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global food packaging equipments market size is estimated to surpass USD 60.4 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 5.4 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.
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
Topics Covered
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List to Data Sources
1.4 List of Abbreviations
Chapter 2 Executive Summary
2.1 Market Summary
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Food Packaging Equipment Market Dynamics
3.2.1 Market Driver Analysis
3.2.1.1 Food & beverage industry growth favoring Packaging Equipment Market
3.2.1.2 Increasing demand From Dairy products
3.2.1.3 Rising packaged foods demand
3.2.2 Market Driver Analysis
3.2.2.1 government regulations
3.2.2.2 Environmental Imbalance is a major concern
3.2.3 Market Trend Analysis
3.2.3.1 Customized Packaging
3.2.4 Macroeconomic Factors
3.2.5 Regulatory Framework
3.2.6 Value Chain Analysis
3.2.7 Industry Analysis - Porter's
3.2.8 PESTEL Analysis
3.2.9 Market Dynamics
Chapter 4 Food Packaging Equipment Market: Equipment Estimates & Trend Analysis
4.1 Form-fill-seal
4.2 Filling & dosing
4.3 Cartoning
4.4 Case packing
4.5 Wrapping & bundling
Chapter 5 Food Packaging Equipment Market: Application Estimates & Trend Analysis
5.1 Bakery and Confectionery
5.2 Dairy Products
5.3 Fruit, Nut & VegeTable
5.4 Meat, Poultry & Food
5.5 Convenience food
Chapter 6 Food Packaging Equipment Market: Regional Estimates & Trend Analysis
6.1 Global Food Packaging Equipment Market
6.2 North America
6.3 Europe
6.4 Asia Pacific
6.5 Central And South America
6.6 The Middle East And Africa
Chapter 7 Competitive Landscape
7.1 Vendor Landscape
7.2 Strategy Framework
Chapter 8 Company Profiles
8.1 Bosch Packaging Technology GmbH
8.2 GEA Group Aktiengesellschaft
8.3 ARPAC LLC
8.4 Coesia S.p.A.
8.5 Illinois Tool Works Inc.
8.6 MULTIVAC Group
8.7 IMA Group
8.8 Krones AG
8.9 Tetra Laval International S.A.
8.10 OPTIMA Packaging Group GmbH
For more information about this report visit https://www.researchandmarkets.com/research/6l5hr4/worldwide_food?w=12
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