All updated as on -
The size of the global market for food packaging equipment, which was estimated at USD 19.47 billion in 2022, is expected to increase over the forecast period (2023-2030), rising from USD 20.19 million to USD 26.79 billion at a CAGR of 4.6%.
Food packaging equipment plays a crucial part in the food packaging sector, handling operations like labeling, sealing, palletizing, and amalgamation. These advanced devices are used in the meat processing, beverage, and pastry industries. Players in the market are diligently developing products that are driven by cutting-edge technology to improve user experiences. As an illustration, consider Tetra Pak's April 2019 introduction of a ground-breaking linked packaging platform that turns milk and juice cartons into interactive information conduits and completely changes consumer engagement.
To provide a safe and hygienic environment for packaging, the food business operates within a rigid regulatory framework. Due to growing concerns about foodborne illnesses, governments all over the world are establishing numerous laws and regulations on food equipment hygiene. The Food Safety Modernization Act (FSMA), which was put into effect in 2011, gives the Food and Drug Administration (FDA) jurisdiction over recalls, production halts, and audits of foodservice providers. Similar to this, the European Union (EU) established the "food contact materials" safety concept, requiring that objects that come into contact with food, such as packaging, processing equipment, cutlery, and dishes, comply with set EU government standards. The industry's commitment to upholding the highest standards of safety and quality will be strengthened by this regulation, which encourages food makers to design and implement equipment with careful attention for food hygiene.
Numerous automatic devices dominate the market for food packaging equipment in the food business. These machines can execute a variety of tasks, including filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labeling, decorating, coding, conveying, and palletizing. To protect the effectiveness, flavor, and taste of food products, innovative food packaging equipment has been created as a result of technological improvement. Market growth is anticipated to be fueled by rising consumer awareness of wholesome and hygienic food goods and expectations that they will be safe from the time of packaging until they arrive. The market is expected to expand as a result of rising consumer demand for appealing, creative, and portable packaging that sets the product apart from the competitors. Additionally, a huge consumer base of "on-the-go" consumers, an increase in buying power, an increase in the volume of online grocery orders, and the demand for food packaging equipment all contribute to the industry's growth.
In the extremely challenging and quickly changing competitive environment, the field of food packaging equipment continues to develop. The machinery used in food packaging is an essential part of the world food business. Food delivery to consumers must be done efficiently according to food packaging. Food packaging machinery carries out a variety of jobs in the food packaging sector, including wrapping, sealing, writing, and filling. Through the whole distribution chain, durability is ensured by food product packaging.
According to our research, the need for food packaging equipment is bolstered by rising urbanization and the number of people who choose eating on-the-go. Increased customer awareness of hygienic food products could drive business expansion for food packaging. The future for global food packaging equipment appears positive overall for the upcoming years.
For a variety of products, including snacks, meat and poultry products, candy bars, chocolates, sauces, processed fruits and vegetables, and dairy products, convenient packaging features like easy opening, portability, resalability, micro-perforation, lightweight, and easy handling are becoming more and more popular. In response to the growing need for easy food packaging equipment, manufacturers of technology and equipment for the food packaging equipment market have increased their R&D spending and innovation output. They also emphasize the creation of straightforward packaging methods for food.
Since packaging debris takes decades to disintegrate, it is bad for the environment. Many nations are addressing this issue by enforcing stringent regulations that the food packaging industry must adhere to. Governments in Europe, for instance, use a range of strategies to solve recycling and packaging waste issues. For instance, the European Union adopted the Packaging and Packaging Waste Directive 94/62/ EC (a.27) in an effort to lessen the impact of packaging and packaging wastes on the environment. Due to the risk of hazardous substances leaking into food products, recycled materials are only occasionally used for food packaging. Additionally, developing nations are following their example by establishing stringent regulations on food packaging and encouraging the use of sustainable or biodegradable packaging alternatives.As earnings decrease, this has an effect on the revenues for the food packaging equipment market as a whole and slows the sector's expansion.
Report Coverage
Global Food Packaging Equipment research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Food Packaging Equipment report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Food Packaging Equipment competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Food Packaging Equipment market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Food Packaging Equipment market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Food Packaging Equipment market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Arpac LLC, Bosch Packaging Technology, Coesia Group, GEA Group, IMA Group, Ishida, Multivac, Inc., Nichrome India Ltd., Omori Machinery Co. Ltd., and Oystar Holding GmbH, Tetra Laval International S.A. (Switzerland).
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Food Packaging Equipment market based on the below-mentioned segments:
Global Food Packaging Equipment Market, By Equipment
Bottling Line
Cartoning
Case Handling
Closing
Filling & Dosing
Form, Fill & Seal
Labelling, Decorating, & Coding
Palletizing
Wrapping & Bundling
Others
Global Food Packaging Equipment market, By Application
Meat, Poultry & Seafood
Dairy
Bakery & Snack
Frozen Food
Candy & Confectionery
Cereal & Grain
Perishable Prepared
Shelf Stable
Global Food Packaging Equipment market, Regional Analysis
Food packaging equipment plays a crucial part in the food packaging sector, handling operations like labeling, sealing, palletizing, and amalgamation. These advanced devices are used in the meat processing, beverage, and pastry industries. Players in the market are diligently developing products that are driven by cutting-edge technology to improve user experiences. As an illustration, consider Tetra Pak's April 2019 introduction of a ground-breaking linked packaging platform that turns milk and juice cartons into interactive information conduits and completely changes consumer engagement.
To provide a safe and hygienic environment for packaging, the food business operates within a rigid regulatory framework. Due to growing concerns about foodborne illnesses, governments all over the world are establishing numerous laws and regulations on food equipment hygiene. The Food Safety Modernization Act (FSMA), which was put into effect in 2011, gives the Food and Drug Administration (FDA) jurisdiction over recalls, production halts, and audits of foodservice providers. Similar to this, the European Union (EU) established the "food contact materials" safety concept, requiring that objects that come into contact with food, such as packaging, processing equipment, cutlery, and dishes, comply with set EU government standards. The industry's commitment to upholding the highest standards of safety and quality will be strengthened by this regulation, which encourages food makers to design and implement equipment with careful attention for food hygiene.
Numerous automatic devices dominate the market for food packaging equipment in the food business. These machines can execute a variety of tasks, including filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labeling, decorating, coding, conveying, and palletizing. To protect the effectiveness, flavor, and taste of food products, innovative food packaging equipment has been created as a result of technological improvement. Market growth is anticipated to be fueled by rising consumer awareness of wholesome and hygienic food goods and expectations that they will be safe from the time of packaging until they arrive. The market is expected to expand as a result of rising consumer demand for appealing, creative, and portable packaging that sets the product apart from the competitors. Additionally, a huge consumer base of "on-the-go" consumers, an increase in buying power, an increase in the volume of online grocery orders, and the demand for food packaging equipment all contribute to the industry's growth.
In the extremely challenging and quickly changing competitive environment, the field of food packaging equipment continues to develop. The machinery used in food packaging is an essential part of the world food business. Food delivery to consumers must be done efficiently according to food packaging. Food packaging machinery carries out a variety of jobs in the food packaging sector, including wrapping, sealing, writing, and filling. Through the whole distribution chain, durability is ensured by food product packaging.
According to our research, the need for food packaging equipment is bolstered by rising urbanization and the number of people who choose eating on-the-go. Increased customer awareness of hygienic food products could drive business expansion for food packaging. The future for global food packaging equipment appears positive overall for the upcoming years.
For a variety of products, including snacks, meat and poultry products, candy bars, chocolates, sauces, processed fruits and vegetables, and dairy products, convenient packaging features like easy opening, portability, resalability, micro-perforation, lightweight, and easy handling are becoming more and more popular. In response to the growing need for easy food packaging equipment, manufacturers of technology and equipment for the food packaging equipment market have increased their R&D spending and innovation output. They also emphasize the creation of straightforward packaging methods for food.
Since packaging debris takes decades to disintegrate, it is bad for the environment. Many nations are addressing this issue by enforcing stringent regulations that the food packaging industry must adhere to. Governments in Europe, for instance, use a range of strategies to solve recycling and packaging waste issues. For instance, the European Union adopted the Packaging and Packaging Waste Directive 94/62/ EC (a.27) in an effort to lessen the impact of packaging and packaging wastes on the environment. Due to the risk of hazardous substances leaking into food products, recycled materials are only occasionally used for food packaging. Additionally, developing nations are following their example by establishing stringent regulations on food packaging and encouraging the use of sustainable or biodegradable packaging alternatives.As earnings decrease, this has an effect on the revenues for the food packaging equipment market as a whole and slows the sector's expansion.
Report Coverage
Global Food Packaging Equipment research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Food Packaging Equipment report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Food Packaging Equipment competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Food Packaging Equipment market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Arpac LLC, Bosch Packaging Technology, Coesia Group, GEA Group, IMA Group, Ishida, Multivac, Inc., Nichrome India Ltd., Omori Machinery Co. Ltd., and Oystar Holding GmbH, Tetra Laval International S.A. (Switzerland). |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Food Packaging Equipment Market from 2021 to 2030.
- Market Forecast for Food Packaging Equipment Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Food Packaging Equipment competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Food Packaging Equipment
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Food Packaging Equipment market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Food Packaging Equipment market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Arpac LLC, Bosch Packaging Technology, Coesia Group, GEA Group, IMA Group, Ishida, Multivac, Inc., Nichrome India Ltd., Omori Machinery Co. Ltd., and Oystar Holding GmbH, Tetra Laval International S.A. (Switzerland).
Primary Target Market
- Market Players of Food Packaging Equipment
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Food Packaging Equipment market based on the below-mentioned segments:
Global Food Packaging Equipment Market, By Equipment
Bottling Line
Cartoning
Case Handling
Closing
Filling & Dosing
Form, Fill & Seal
Labelling, Decorating, & Coding
Palletizing
Wrapping & Bundling
Others
Global Food Packaging Equipment market, By Application
Meat, Poultry & Seafood
Dairy
Bakery & Snack
Frozen Food
Candy & Confectionery
Cereal & Grain
Perishable Prepared
Shelf Stable
Global Food Packaging Equipment market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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Through INFINITIVE Data Expert is a professional Market Research services, I will identify the food packaging equipment market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.