IMARC Group has recently released a new research study titled, “Food Packaging Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the food packaging equipment market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Market Performance:
The global food packaging equipment market reached a value of US$ 17.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 24.1 Billion by 2028 exhibiting a CAGR of 5.14% during 2023-2028.
Industry Definition and Application:
Food packaging equipment represent advanced processing machines designed to preserve and pack semi-processed and processed beverages and food products. They perform numerous operations, such as filling, bagging, sealing, wrapping, over-capping, lidding, bundling, coding, cartooning, conveying, palletizing, etc. Food packaging equipment aid manufacturers in eliminating contamination risks and maintaining the product quality while ensuring stability, avoiding goods damage, extending their shelf-life, etc. Owing to these properties, food packaging equipment are extensively utilized across the food and beverage (F&B) sector to regulate the temperature of various commodities, including fruits, vegetables, dairy products, meat, seafood, etc. Presently, they are commercially available in varying technology and material types.
Request a sample brochure for free: https://www.imarcgroup.com/food-packaging-equipment-market/requestsample
Food Packaging Equipment Market Trends:
The escalating demand for hygienic ready-to-eat (RTE) and ready-to-drink (RTD) consumables, on account of the expanding F&B sector, is among the key factors augmenting the food packaging equipment market. Furthermore, the widespread adoption of food packaging equipment to pack several perishable and non-perishable products is also bolstering the global market.
Moreover, the elevating requirement for convenient packaging solutions to ensure product quality, safety, efficacy, etc., while increasing the shelf-life, is acting as another significant growth-inducing factor. Additionally, the rising need for these equipment to eliminate the accumulation of agents, such as bacteria, viruses, parasites, fungi, etc., owing to the expanding health concerns and awareness among consumers regarding food-borne diseases, is further catalyzing the market growth. Besides this, the inflating usage of e-commerce platforms by consumers to order food commodities is expected to positively influence the food packaging equipment market in the coming years.
| Food Packaging Equipment Market Report Scope | |
| Report Coverage | Details |
| Market size value in 2022 | US$ 17.7 Billion |
| Market forecast in 2028 | US$ 24.1 Billion |
| Growth Rate | CAGR of 5.14% from 2023 to 2028 |
| Base year for estimation | 2022 |
| Historical data | 2017-2022 |
| Forecast period | 2023-2028 |
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6187&flag=C
Report Segmentation:
The report has segmented the market on the basis of equipment, application and distribution channel.
Breakup by Equipment:
- Bottling Line
- Cartoning
- Case Handling
- Closing
- Filling and Dosing
- Form, Fill and Seal
- Labelling, Decorating and Coding
- Palletizing
- Wrapping and Bundling
- Others
Breakup by Application:
- Meat, Poultry and Seafood
- Dairy
- Bakery and Snack
- Frozen Food
- Candy and Confectionery
- Cereal and Grain
- Perishable Prepared
- Shelf Stable
Breakup by Distribution Channel:
- Offline
- Online
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the food packaging equipment market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- ARPAC LLC (Duravant LLC)
- IMA group
- Omori Machinery Co. Ltd.
- Illinois Tool Works Inc.
- OPTIMA packaging group GmbH
- Krones AG
- GEA Group Aktiengesellschaft
- ISHIDA CO.LTD
- MULTIVAC
- Tetra Laval International SA.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Key Highlights of the Report:
- Comprehensive Mapping of the Competitive Landscape
- Value Chain
- Impact of COVID-19
- Porter’s Five Forces Analysis
- Market Outlook (2023-2028)
- Market Performance (2017-2022)
- SWOT Analysis
- Market Drivers and Success Factors
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Services Private Limited.
134 N 4th St. Brooklyn
NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800