Food Processing Equipment Market: Estimated To Be Driven By Innovation
Food Processing Equipment Market Size, Outlook Trends, 2027
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Food Processing Market Research Reports & Industry Analysis
Food processing is the process of transforming raw ingredients into food. The process takes clean crops or animal products and uses them to produce long shelf life products that are highly marketable. Food processing has been in existence since pre-historic days. Slaughtering, fermenting and preserving foods with salt were the common methods ...
Global Food Processing Market Overview
The Food Processing market industry is projected to grow from USD 163.79 Billion in 2024 to USD 400.43 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.82% during the forecast period (2024 - 2030). The growing middle classes in developing nations around the world are the key market drivers enhancing market growth.
The global food processing market size was valued at USD 169.39 Billion in 2022 and is likely to reach USD 301.09 Billion by 2031, expanding at a CAGR of 6.6% during the forecast period, 2023-2031. The market growth is attributed to the rising demand for processed food and advancements in technology in food processing systems.
Food Processing Market Size And Forecast
Food Processing Market size was valued at USD 143.51 Billion in 2020 and is projected to reach USD 235.67 Billion by 2028, growing at a CAGR of 6.6% from 2021 to 2028. Innovation in food processing technology, upsurge in the demand for processed food, and rising research & development in food processing machinery are expected to drive the ...
Food Processing Market Report: Trends, Forecast and Competitive Analysis
The food processing market is expected to reach an estimated $4.1 trillion by 2024 with a CAGR of 4.3% from 2019 to 2024. The major drivers for this market are increasing demand for ready-to-eat food products, changing lifestyle, and an increase in nuclear families and working women.
United States Processed Food Research Reports & Market Industry Analysis
Code Copied! 271 comprehensive market analysis studies and industry reports on the Processed Food sector, offering an industry overview with historical data since 2019 and forecasts up to 2029. This includes a detailed market research of 2510 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis.
PDF McKinsey on Food Processing & Handling
Food Processing In 2016, food processing was a ~$45 billion market when measured by revenues. This sub-sector comprises machinery for activities that include processing, grading, sorting, heating, and milling. The top-ten players in this sub-sector account for approximately 20 percent of the market.
Food Processing Market Size & Market Share Data ...
The Food Processing research delivers market data and CAGR growth rates at global, regional, and key country levels, considering expected short-term turbulence in the global economy. The Food Processing Market is further detailed by splitting Market Size, Shares, and growth outlook.
Food Processing Market Report
The global food processing market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for processed food products, rising disposable income and changing lifestyles. The global food processing market is segmented on the basis of type, application and region.
Food Processing Market Size Report, 2022-2027
Food Processing Market size is estimated to reach $186.4 billion by 2027, growing at a CAGR of 6.2% during the forecast period 2022-2027. Food processing is the activity of carrying out a range of mechanical or chemical operations on food to alter or conserve it. In food processing, fermentation is the transformation of carbohydrates to alcohol ...
Food Processing & Processed Food Market Research Report
As per an annual report by the Ministry of Food Processing Industries, in India, approximately 13.7% of the workforce is employed by this industry in the unorganised sector, whereas around 12.8% of the workforce is employed in companies that are registered under the Factories Act, 1948.
United States (US) Food Processing Market (2020
The US food processing market is expected to reach USD 596.10 billion by 2026, growing at a CAGR of 2.9% during the forecast period (2020-2026). Factors such as increasing demand for convenience and processed foods, technological advancements in food processing, and rising health consciousness among consumers are driving the growth of this market.
Food Processing Companies
The Food Processing market is a dynamic sector that plays a pivotal role in the global food industry. This analysis provides insights into the competitive dynamics of the market, covering key players, adopted strategies, market share factors, industry news, emerging companies, current investment trends, and a significant development in 2023.
Food Processing Market Research Reports
The food processing industry is a major contributor to the global economy, providing employment and income to millions of people. The food processing industry is divided into several sub-sectors, including meat. The Food Processing market is a sector of the food industry that involves the transformation of raw ingredients into food products.
The food science segment dominated the food tech market, with a revenue share of more than 26.0% in 2022. The segment is expected to grow at a CAGR of 10.3% over the forecast period. Food science includes companies involved in food processing and those developing new products and ingredients.
Food Processing Equipment Market Trends
The global food processing equipment market size was valued at USD 52.69 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2030. Population expansion, coupled with the rising per capita disposable income, is expected to result in an increased demand for meat and poultry and greater consumption ...
Food and Beverage Industry Market Research
The food and beverage industry is in a state of flux. Several factors are creating change in the industry. These factors include urbanization, increased population growth, and changing consumer trends. The trend towards food and drinks made from natural elements is rising worldwide. Also growing is the trend towards online food delivery, which ...
Food Processing Market Research Reports
According to Global Industry Analysts, the global market for machinery and equipment used in food processing is expected to be worth more than $45 billion by the end of 2015. Food processing involves the production of finished food products from raw ingredients, with processing lengthening the shelf life of products and adhering to hygiene and ...
Food Processing and Handling Equipment Market Size [2030]
KEY MARKET INSIGHTS. Listen to Audio Version. The global food processing and handling equipment market size was valued at USD 106.89 billion in 2022. The market is projected to grow from USD 112.45 billion in 2023 to USD 163.23 billion by 2030, exhibiting a CAGR of 5.5% during the forecast period. The food processing and handling equipment is ...
Processed Food: Nutrition, Safety, and Public Health
1. Introduction. Food processing comprises the activities involved during the transformation of raw materials from different origins (vegetable, animal) until a final product is achieved that is suitable for human consumption [].Food processing was traditionally developed with a focus on the long-time storage and transport of foods, using techniques such as cooking, curing, and smoking.
Global Food Processing Equipment Market
According to the National Restaurants Association, the Total Sales of the Restaurants Industry in 2019 is USD 863 Billion and it is Expected to Reach USD 1.2 Trillion by the Year 2030. The food processing equipment market was worth USD 88.5 billion in 2021 and it surpasses USD 148.79 billion by 2029 with a CAGR of 6.71% in the forecast by 2029.
The Rising Star of Food Processing: Top 5 Trends in the Pre-gelatinized
Introduction: Top 5 Trends in the Pre-gelatinized Starch Market. Pre-gelatinized starch is a versatile ingredient widely used in the food, pharmaceutical, and cosmetic industries due to its ability to instantly thicken products upon contact with water. Its growing popularity is fueled by its convenience and functional properties, making it an essential component in numerous applications, from ...
Food Processing Machinery Market Size And Forecast. Food Processing Machinery Market size was valued at USD 53.44 Billion in 2022 and is projected to reach USD 91.82 Billion by 2030, growing at a CAGR of 6.30% from 2023 to 2030.. An increase in the requirement for processed food, mainly due to the preference of consumers for nutritious, hygienic, and safe food products is driving the Global ...
Kemin receives EU approval for pet food antioxidant
The company's liquid rosemary extract has been cleared for dog and cat food formulations in the European Union. ... which is the result of decades of research and development, as well as close collaboration with the authorities," commented John A. Greaves, Ph.D., vice president of Specialty Crop Improvement at Kemin Industries ...
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Food processing is the process of transforming raw ingredients into food. The process takes clean crops or animal products and uses them to produce long shelf life products that are highly marketable. Food processing has been in existence since pre-historic days. Slaughtering, fermenting and preserving foods with salt were the common methods ...
The Food Processing market industry is projected to grow from USD 163.79 Billion in 2024 to USD 400.43 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.82% during the forecast period (2024 - 2030). The growing middle classes in developing nations around the world are the key market drivers enhancing market growth.
The global food processing market size was valued at USD 169.39 Billion in 2022 and is likely to reach USD 301.09 Billion by 2031, expanding at a CAGR of 6.6% during the forecast period, 2023-2031. The market growth is attributed to the rising demand for processed food and advancements in technology in food processing systems.
Food Processing Market size was valued at USD 143.51 Billion in 2020 and is projected to reach USD 235.67 Billion by 2028, growing at a CAGR of 6.6% from 2021 to 2028. Innovation in food processing technology, upsurge in the demand for processed food, and rising research & development in food processing machinery are expected to drive the ...
The food processing market is expected to reach an estimated $4.1 trillion by 2024 with a CAGR of 4.3% from 2019 to 2024. The major drivers for this market are increasing demand for ready-to-eat food products, changing lifestyle, and an increase in nuclear families and working women.
Code Copied! 271 comprehensive market analysis studies and industry reports on the Processed Food sector, offering an industry overview with historical data since 2019 and forecasts up to 2029. This includes a detailed market research of 2510 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis.
Food Processing In 2016, food processing was a ~$45 billion market when measured by revenues. This sub-sector comprises machinery for activities that include processing, grading, sorting, heating, and milling. The top-ten players in this sub-sector account for approximately 20 percent of the market.
The Food Processing research delivers market data and CAGR growth rates at global, regional, and key country levels, considering expected short-term turbulence in the global economy. The Food Processing Market is further detailed by splitting Market Size, Shares, and growth outlook.
The global food processing market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing demand for processed food products, rising disposable income and changing lifestyles. The global food processing market is segmented on the basis of type, application and region.
Food Processing Market size is estimated to reach $186.4 billion by 2027, growing at a CAGR of 6.2% during the forecast period 2022-2027. Food processing is the activity of carrying out a range of mechanical or chemical operations on food to alter or conserve it. In food processing, fermentation is the transformation of carbohydrates to alcohol ...
As per an annual report by the Ministry of Food Processing Industries, in India, approximately 13.7% of the workforce is employed by this industry in the unorganised sector, whereas around 12.8% of the workforce is employed in companies that are registered under the Factories Act, 1948.
The US food processing market is expected to reach USD 596.10 billion by 2026, growing at a CAGR of 2.9% during the forecast period (2020-2026). Factors such as increasing demand for convenience and processed foods, technological advancements in food processing, and rising health consciousness among consumers are driving the growth of this market.
The Food Processing market is a dynamic sector that plays a pivotal role in the global food industry. This analysis provides insights into the competitive dynamics of the market, covering key players, adopted strategies, market share factors, industry news, emerging companies, current investment trends, and a significant development in 2023.
The food processing industry is a major contributor to the global economy, providing employment and income to millions of people. The food processing industry is divided into several sub-sectors, including meat. The Food Processing market is a sector of the food industry that involves the transformation of raw ingredients into food products.
The food science segment dominated the food tech market, with a revenue share of more than 26.0% in 2022. The segment is expected to grow at a CAGR of 10.3% over the forecast period. Food science includes companies involved in food processing and those developing new products and ingredients.
The global food processing equipment market size was valued at USD 52.69 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2030. Population expansion, coupled with the rising per capita disposable income, is expected to result in an increased demand for meat and poultry and greater consumption ...
The food and beverage industry is in a state of flux. Several factors are creating change in the industry. These factors include urbanization, increased population growth, and changing consumer trends. The trend towards food and drinks made from natural elements is rising worldwide. Also growing is the trend towards online food delivery, which ...
According to Global Industry Analysts, the global market for machinery and equipment used in food processing is expected to be worth more than $45 billion by the end of 2015. Food processing involves the production of finished food products from raw ingredients, with processing lengthening the shelf life of products and adhering to hygiene and ...
KEY MARKET INSIGHTS. Listen to Audio Version. The global food processing and handling equipment market size was valued at USD 106.89 billion in 2022. The market is projected to grow from USD 112.45 billion in 2023 to USD 163.23 billion by 2030, exhibiting a CAGR of 5.5% during the forecast period. The food processing and handling equipment is ...
1. Introduction. Food processing comprises the activities involved during the transformation of raw materials from different origins (vegetable, animal) until a final product is achieved that is suitable for human consumption [].Food processing was traditionally developed with a focus on the long-time storage and transport of foods, using techniques such as cooking, curing, and smoking.
According to the National Restaurants Association, the Total Sales of the Restaurants Industry in 2019 is USD 863 Billion and it is Expected to Reach USD 1.2 Trillion by the Year 2030. The food processing equipment market was worth USD 88.5 billion in 2021 and it surpasses USD 148.79 billion by 2029 with a CAGR of 6.71% in the forecast by 2029.
Introduction: Top 5 Trends in the Pre-gelatinized Starch Market. Pre-gelatinized starch is a versatile ingredient widely used in the food, pharmaceutical, and cosmetic industries due to its ability to instantly thicken products upon contact with water. Its growing popularity is fueled by its convenience and functional properties, making it an essential component in numerous applications, from ...
Food Processing Machinery Market Size And Forecast. Food Processing Machinery Market size was valued at USD 53.44 Billion in 2022 and is projected to reach USD 91.82 Billion by 2030, growing at a CAGR of 6.30% from 2023 to 2030.. An increase in the requirement for processed food, mainly due to the preference of consumers for nutritious, hygienic, and safe food products is driving the Global ...
The company's liquid rosemary extract has been cleared for dog and cat food formulations in the European Union. ... which is the result of decades of research and development, as well as close collaboration with the authorities," commented John A. Greaves, Ph.D., vice president of Specialty Crop Improvement at Kemin Industries ...