The Business Research Company’s Food Product Machinery Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON , UK, July 2, 2021 /EINPresswire.com/ — According to the new market research report ‘Food Product Machinery Global Market Report 2021: COVID-19 Impact And Recovery To 2030’ published by The Business Research Company, the global food product machinery market is expected to grow from $34.79 billion in 2020 to $36.53 billion in 2021 at a compound annual growth rate (CAGR) of 5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $49.89 billion in 2025 at a CAGR of 8%. The food product machinery manufacturing market growth is aided by stable economic growth forecasted in many developed and developing countries.
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The food product machinery market consists of sales of food product machinery by entities (organizations, sole traders and partnerships) that produce equipment such as dairy product plant machinery and equipment, bakery machinery and equipment, meat and poultry processing and preparation machinery, and other commercial food production machinery.
Trends In The Global Food Product Machinery Market
Bakery machinery and equipment manufacturers are now offering high-performance continuous baking ovens to improve production efficiency and consistency in quality. Unlike batch ovens, continuous baking ovens allow cooking or baking process on a continuous line thus providing consistency in the operation. These ovens can be used for high-temperature cooking, impingement, convection, super-heated vapor, and linear or spiral cooking. Continuous baking ovens provide faster bake times and throughput, precise control, improved consistency in quality, and minimal product waste compared to traditional batch ovens.
Global Food Product Machinery Market Segments:
The global food product machinery market is further segmented based on type, product, capacity, operation and geography.
By Type: Dairy Product Plant Machinery And Equipment, Bakery Machinery And Equipment, Meat And Poultry Processing And Preparation Machinery, Other Commercial Food Products Machinery
By Product: Depositors, Extruding Machines, Mixers, Refrigerators, Slicers & Dicers, Others
By Capacity: Small, Medium, Large
By Operation: Autonomous, Semi-autonomous, Manual
By Geography: The global food product machinery market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe is the largest region in the global food product machinery market, accounting for 43% of the market in 2020.
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Food Product Machinery Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides food product machinery global market overviews, analyzes and forecasts market size and growth for the global food product machinery market, food product machinery global market share, food product machinery global market players, food product machinery market segments and geographies, food product machinery market’s leading competitors’ revenues, profiles and market shares. The food product machinery market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Food Product Machinery Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Food Product Machinery Market Organizations Covered: Tetra Laval International S A, Buhler AG, GEA Group, Krones AG, John Bean Technologies.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Food Product Machinery Global Market Report 2021:
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Source: EIN Presswire