Global Food Packaging Technology and Equipment Market, By Technology (Controlled, Active, Intelligent, Aseptic, Biodegradable and others), Material (Metal, Glass and Wood, Paper and paperboard and Plastics, Others), Equipment (Form-Fill-Seal, Filling and Dosing, Cartooning, Case packaging, Wrapping and Bundling, Labelling and Coding, Inspecting, Detecting, and Check weighing machines and Others), Application (Dairy and Dairy Products, Bakery Products, Confectionery Products, Poultry, Seafood and Meat Products, Convenience Foods, Fruits and vegetables and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Food Packaging Technology and Equipment Market
The food packaging technology and equipment market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the food packaging technology and equipment market will project a CAGR of 7.10% for the forecast period of 2022-2029.
Packaging process basically relies on the technology and equipment that are utilized to preserve products and helps them increase their shelf-life to keep them fresh for longer period of time. Moreover; the packaging aids in avoiding the contamination of products, makes the distribution and transfer of packaged food from one place to another much easier and also helps in differentiating between the brands and varieties of products.
The factors such as increase in demand for fresh and high quality food products for the consumers along with increase shelf life and food quality and sustainability are the major factors fostering the growth of the food packaging technology and equipment market. In addition to this, demand for hygienic food packaging across the globe also carve the way for the growth of market. Moreover, high development cost of the food packaging technology and equipment management market are the important factors acting as food packaging technology and equipment market growth determinants.
On the other hand, the adoption of effective and advanced packaging technique will further generate lucrative opportunities for the food packaging technology and equipment market. However, the increase occurrences of counterfeit packaging and ensuring the correct mixture of gases in controlled environment packaging pose as a major challenge for the market growth rate.
This food packaging technology and equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on food packaging technology and equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Food Packaging Technology and Equipment Market Scope and Market Size
The food packaging technology and equipment market is segmented on the basis of technology, material, equipment and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of technology, the food packaging technology and equipment market is segmented into controlled, active, intelligent, aseptic, biodegradable and others. Others segment is further segmented into edible and nano-enabled technology.
- On the basis of material, the food packaging technology and equipment market is segmented into metal, glass and wood, paper and paperboard and plastics, others. Others segment is further segment into polysaccharides, proteins, and lipids.
- On the basis of equipment, the food packaging technology and equipment market is segmented into form-fill-seal, filling and dosing, cartooning, case packaging, wrapping and bundling, labelling and coding, inspecting, detecting, and check weighing machines and others.
- On the basis of application, the food packaging technology and equipment market is segmented into dairy and dairy products, bakery products, confectionery products, poultry, seafood and meat products, convenience foods, fruits and vegetables and others. Others segment is further segment into sauces & dressings and condiments.
Food Packaging Technology and Equipment Market Country Level Analysis
The food packaging technology and equipment market is analyses and market size, volume information is provided by technology, material, equipment and application as referenced above.
The countries covered in the food packaging technology and equipment market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the food packaging technology and equipment market and will continue to flourish its trend of dominance during the forecast period owing to the growth in demand for processed food in developing countries and the rise in infrastructural development. Asia-Pacific, however is supposed to show lucrative growth due to increasing investment in research and development of food processing equipment and technology and rising consumption of healthy food within the region.
The country section of the food packaging technology and equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Food Packaging Technology and Equipment Market Share Analysis
The food packaging technology and equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to food packaging technology and equipment market.
Some of the major players operating in the food packaging technology and equipment market report are Bosch Limited, Coesia S.p.A, Arpac, IMA, Ishida, GEA Group Aktiengesellschaft, Multivac Inc., ITC Limited, Innovia Films, Graham Packaging Company, BASF SE, Ampacet Corporation, Printpack, Bomarko Inc., Graphic Packaging International LLC, Schur Flexibles Holding GesmbH, Klöckner Pentaplast, Oystar, Nichrome Packaging Solutions, Omori Machinery Co., Ltd., Lindquist Machine Corporation, Kaufman Engineered Systems and ADELPHI GROUP OF COMPANIES among others.
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