Market Overview

Food Packaging Technology & Equipment: Global Market to Reach $72.45 Billion by 2026 - ResearchAndMarkets.com

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The "Food
Packaging Technology & Equipment - Global Market Outlook (2017-2026)"

report has been added to ResearchAndMarkets.com's
offering.

According to the report, the market accounted for $36.23 billion in 2017
and is expected to reach $72.45 billion by 2026 growing at a CAGR of 8%
from 2017 to 2026.

Shift towards convenient food packaging, increase in demand from
developing countries, increase in demand for fresh and high-quality food
products and rise in income of average earning class & spending
capability are some of the factors fueling the market growth.

However, factors such as high cost of food processing equipment, lack of
standardization and lack of appropriate hygienic design are restricting
the market growth.

Amongst Application, Poultry, Seafood, and Meat Products segment
accounted for significant market share during the forecast period due to
rise in the demand for easy-to-cook meat. Moreover, increasing demand
for meat products in various countries in Asia Pacific is also driving
the growth of poultry processing equipment.

By geography, Asia Pacific dominated the market due to the rising
household incomes and the growing middle-class population have led to an
increase in demand for packaged food products, which are increasing the
demand for packaging technologies and equipment in this region.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Food Packaging Technology & Equipment Market, By Material

6 Global Food Packaging Technology & Equipment Market, By Type

7 Global Food Packaging Technology & Equipment Market, By Equipment

8 Global Food Packaging Technology & Equipment Market, By Application

9 Global Food Packaging Technology & Equipment Market, By Geography

10 Key Developments

11 Company Profiling

  • Robert Bosch
  • Arpac
  • IMA Group
  • GEA Group
  • Omori Machinery
  • Coesia Group
  • Lindquist Machine Corporation
  • Ishida
  • Kaufman Engineered Systems
  • Multivac
  • Nichrome India
  • Adelphi Packaging
  • ALFA LAVAL
  • Krones AG
  • SPX Corporation

For more information about this report visit https://www.researchandmarkets.com/research/lght53/food_packaging?w=4

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