Food Packaging Equipments Market Worth USD 60.40 Billion by 2025: Grand View Research, Inc.

News provided by

16 Jan, 2019, 12:05 GMT

SAN FRANCISCO, January 16, 2019 /PRNewswire/ --

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.

(Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg )

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.

Browse full research report with TOC on "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" at: https://www.grandviewresearch.com/industry-analysis/food-packaging-equipment-market

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.

Connect with our analyst for specific inquiries

Browse related reports by Grand View Research:

Fat Replacers Market - The global fat replacers market size was estimated at USD 1.53 billion in 2015 and is projected to grow at an estimated CAGR of 6.2% from 2016 to 2025.
Food Container Market - The global food container market size was valued at USD 231.91 billion in 2015.
Beverage Cans Market - The beverage cans market size was valued at USD 39.19 billion in 2015 and is expected to witness significant growth over the forecast period.
Food Glazing Agents Market - The global food glazing agents market exceeded USD 2.50 billion in 2015.

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, Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com