Prepared Food Equipment Market by Type (Pre-processing, Processing, Packaging), Application (Snack & Savory Products, Meat & seafood Products), Mode of Operation (Automatic, Semi-automatic, Manual), and Region - Global Forecast to 2026
[225 Pages Report] The global prepared food equipment market size is estimated to account for a value of USD 10.4 billion in 2020 and is projected to grow at a CAGR of 6.4% from 2020, to reach a value of USD 15.1 billion by 2026. The rise in disposable income of the population, changes in consumption patterns, and manufacturers' investment in developing innovative products on production efficiency, processing time, and quality of food products are expected to fuel the demand for prepared food equipment.
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COVID-19 impact on Prepared Food Equipment market
With the lockdown imposed by governments due to the COVID-19 pandemic, restaurants, food outlets, and catering businesses were shut down, which has affected the equipment manufacturers' sales. Although the food consumption was more as people were at home, the food equipment market got affected worldwide due to the COVID-19 pandemic. It has impacted the meat products market due to the negative publicity by social media on the health risks associated with animal-based products' consumption. Simultaneously, the bakery and convenience food products market witnessed good growth as they are readily available and tasty to eat.
Prepared Food Equipment Market Dynamics
Driver: Rise in income to drive the demand for prepared & convenience foods
The rise in disposable income due to growth in the economy, especially in emerging countries such as India and China, has led to an increase in demand for prepared & convenience foods. With the rising demand for convenience and ready-to-eat (RTE) food, customers are also concerned about the nutritional and health benefits of such food items before consumption. This is achieved by automating or integrating the overall processes, which help maintain food quality and nutritional value.
Restraints: Increase in demand for minimally processed, healthier organic food products
The rise in the aging population in developed countries has led to an increase in health concerns. There is a high preference for fresh and minimally processed food products without synthetic chemical preservatives. This adversely affects the demand for prepared food equipment as prepared foods are processed with preservatives and other flavoring agents to increase the shelf life and enhance palatability.
Opportunities: Demand for advanced machinery with high productivity and efficiency
Food manufacturers continue to look for advanced machinery and delivery solutions to meet safety standards and increase productivity to meet consumer demand changes. Key players such as GEA Group (Germany), Alfa Laval (Sweden), and Marel (Iceland) in food manufacturing are mostly focused on increasing the level of automation in food processing operations to increase the predictability of preventative maintenance, lead time of processing, and connectivity.
Challenges: Infrastructural challenges in developing countries
The saturated markets of developed economies such as the US, the UK, Germany, and France compel manufacturers of prepared food equipment to search for untapped markets and expand their consumer base. This requires substantial investments in many aspects of business expansion, especially with regard to the establishment of new facilities in developing countries. Setting up large equipment requires larger lands and high manpower, which makes it difficult for manufacturers to set up plants in developing countries due to the lower availability of labor and land.
Market Ecosystem
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By type, the packaging is projected to be the fastest-growing segment in the prepared food equipment market during the forecast period.
The packaging segment is further segmented in primary and secondary packaging.. Packaging of prepared food products is carried out to avoid contamination of the products, reduce wastage during transport & handling, and extend their shelf life. Automated equipment is used in developed countries to standardize the packaging, enhancing the food product's value.
By application, the snacks & savory products segment is projected to dominate the Prepared Food Equipment market during the forecast period.
Every household consumes snacks & savory products as it is easily available and tasty for consumption. With the growing concerns for healthy food options, varieties of snacks are made available, gluten-free, lactose-free, and rich in nutrients.
The automatic segment is projected to be the highest growing segment in the Prepared Food Equipment market during the forecast period by mode of operation.
The ease of use and higher production of food products in lesser time drive the market for automated prepared food equipment. Like the US and Germany, most countries opt for automated equipment to cater to the increasing demand for processed foods domestically and internationally.
The increasing demand for convenience foods Asia Pacific region is driving the Prepared Food Equipment market's growth.
The demand for prepared food equipment is expected to increase in the Asia Pacific region due to the growing retail industry and increased working professionals. The shift to automated equipment and the application of automation in ready-to-eat food and on-the-go food products, with an increasing population, drives the demand for prepared food equipment. The growing innovations in prepared food equipment are also expected to drive the Asia Pacific region's market.
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Scope of the Report
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Report Metric |
Details |
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Market size available for years |
2018-2026 |
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Base year considered |
2019 |
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Forecast period |
2020-2026 |
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Forecast units |
Value (USD) |
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Segments covered |
Type, Application, and Mode of operation |
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Geographies covered |
North America, Europe, Asia Pacific, South America, and RoW |
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Companies covered |
GEA Group (Germany), Alfa Laval (Sweden), JBT Corporation (US), SPX FLOW (US), Bühler (Switzerland), Tetra Laval (Switzerland), Dover Corporation (US), Robert Bosch (Germany), Krones (Germany), Middleby Corporation (US), Marel (Iceland), IMA Group (Italy), Multivac (Germany), Ali Group (Italy), Lyco Manufacturing, Inc (US), Heat and Control, Inc. (US), BigTem Makine (Turkey), Hup Sheng Machinery & Industry (Malaysia), Sumpot (China), and Hosokawa Alpine (Bayern). |
This research report categorizes the Prepared food equipment market based on type, application, risk category, supply chain, and region.
Based on type:
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Pre-Processing
- Cleaning, sorting and grading equipment
- peeling and cutting equipment
- Others (conveying, picking, and placing)
- Processing
Mechanical processing equipment
- heat processing equipment
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Others (stretching equipment, molding and pressing, and refrigerating equipment)
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Packaging
- Primary packaging equipment
- secondary packaging equipment
- Others (ancillaries, auxiliaries, and material handling systems)
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Packaging
Based on application:
- Snacks & savory products
- Prepared meals
- Sauces, dressings & condiments
- Bakery & confectionery products
- Dairy & refrigerated products
- Meat & seafood products
Based on the mode of operation:
- Automatic
- Semi-automatic
- Manual
Based on the region:
- North America
- Europe
- Asia Pacific
- South America
- Rest of World (South Africa, Middle East and Rest in Africa
Key Market Players
Key players in this market include GEA Group (Germany), Alfa Laval (Sweden), JBT Corporation (US), SPX FLOW (US), Bühler (Switzerland), Tetra Laval (Switzerland), Dover Corporation (US), Robert Bosch (Germany), Krones (Germany), Middleby Corporation (US), Marel (Iceland), IMA Group (Italy), Multivac (Germany), Ali Group (Italy). These major players in this market focus on increasing their presence through expansions, mergers & acquisitions, partnerships, joint ventures, and agreements. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities, along with strong distribution networks across these regions.
Recent Developments:
- In November 2020, GEA is divesting two companies; barn equipment & milk cooling, which were part of the Group’s Farm Technologies division. It will now be part of Mutares SE & Co. KGaA (Germany), which will continue to offer a wide range of manure handling products and systems, mainly in the North American market.
- In October 2020, Alfa Laval opened a new global application & innovation center for fluid handling technology in Denmark to strengthen its global position within food & pharmaceuticals, which are the company's core businesses.
- In May 2019, Bühler launched Tubex Pro for an advanced weighing solution. This would help the company to serve more enhanced equipment to its clients as these weighing machines are helpful to check even minute deflections in weights.
- In April 2019, JBT Corporation signed an agreement to acquire Proseal (UK), a tray sealing technology provider to the food processing industry. This acquisition would strengthen JBT’s position in the food packaging market.
- In April 2019, Tetra Pak launched a connected packaging platform; this would transform juice and milk cartons into interactive information channels, digital tools, and full-scale data carriers.
Frequently Asked Questions (FAQ):
Which are the major players in the prepared food equipment market?
The key global players, i.e., GEA Group (Germany), Alfa Laval (Sweden), JBT Corporation (US), SPX FLOW (US), Bühler (Switzerland), Tetra Laval (Switzerland).
What are the challenges that can be faced by market players?
Setting up large equipment requires larger lands and high manpower, making it difficult for manufacturers to set up plants in developing countries due to the lower availability of labor and land.
Name some of the prepared food equipment types followed by the companies.
- Pre-processing: Cutting, slicing, peeling equipment
- Processing: sterilization, refrigerated equipment
- Packaging: Primary and secondary packaging
Which are the drivers that support the growth of the prepared food equipment market?
Increase in industrialization, Increased consumption of processed food products like snacks, bakery, dairy products, and innovation in products to increase the shelf life are the factors that support the growth of the prepared food equipment market.
How has the COVID-19 pandemic affected the prepared food equipment market?
The increase in convenience and bakery foods took place during the COVID-19 pandemic; however, the prepared food equipment sales got a hit as there were no additional sales due to the closure of many food businesses worldwide. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 29)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 PREPARED FOOD EQUIPMENT MARKET SEGMENTATION
FIGURE 2 PREPARED FOOD EQUIPMENT MARKET: REGIONAL SCOPE
1.4 PERIODIZATION CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2017–2019
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 34)
2.1 RESEARCH DATA
FIGURE 3 PREPARED FOOD EQUIPMENT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key Data from Secondary Sources
2.1.2 PRIMARY DATA
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 4 DATA TRIANGULATION METHODOLOGY
2.4 ASSUMPTIONS FOR THE STUDY
2.5 LIMITATIONS OF THE STUDY
2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
2.6.1 SCENARIO-BASED MODELLING
2.7 COVID-19 HEALTH ASSESSMENT
FIGURE 5 COVID-19: THE GLOBAL PROPAGATION
FIGURE 6 COVID-19 PROPAGATION: SELECT COUNTRIES
2.8 COVID-19 ECONOMIC ASSESSMENT
FIGURE 7 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
2.8.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
FIGURE 8 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 9 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
3 EXECUTIVE SUMMARY (Page No. - 50)
FIGURE 10 PREPARED FOOD EQUIPMENT MARKET, BY TYPE, 2020 VS. 2026 (VALUE)
FIGURE 11 PREPARED FOOD EQUIPMENT MARKET, BY MODE OF OPERATION, 2020 VS. 2026 (USD MILLION)
FIGURE 12 PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2020 VS. 2026 (USD MILLION)
FIGURE 13 PREPARED FOOD EQUIPMENT MARKET, BY REGION
4 PREMIUM INSIGHTS (Page No. - 55)
4.1 BRIEF OVERVIEW OF THE PREPARED FOOD EQUIPMENT MARKET
FIGURE 14 RISING DEMAND FOR CONVENIENCE FOOD PRODUCTS DRIVES THE MARKET FOR PREPARED FOOD EQUIPMENT
4.2 NORTH AMERICA: PREPARED FOOD EQUIPMENT MARKET, BY TYPE AND COUNTRY
FIGURE 15 PROCESSING WAS THE LARGEST SEGMENT IN THE NORTH AMERICAN PREPARED FOOD EQUIPMENT MARKET
4.3 PREPARED FOOD EQUIPMENT MARKET, BY MODE OF OPERATION
FIGURE 16 SEMI-AUTOMATIC SEGMENT ESTIMATED TO DOMINATE THE ASIA PACIFIC MARKET IN 2020
4.4 PREPARED FOOD EQUIPMENT MARKET, BY APPLICATION
FIGURE 17 SNACK & SAVORY PRODUCTS SEGMENT IS PROJECTED TO DOMINATE THE PREPARED FOOD EQUIPMENT MARKET, 2020 VS. 2026
4.5 PREPARED FOOD EQUIPMENT MARKET, BY REGION
FIGURE 18 NORTH AMERICA ACCOUNTED FOR THE LARGEST SHARE OF THE GLOBAL PREPARED FOOD EQUIPMENT MARKET
5 MARKET OVERVIEW (Page No. - 58)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 PREPARED FOOD EQUIPMENT: MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rise in income to drive the demand for prepared & convenience foods
FIGURE 20 RISE IN INCOME TO DRIVE THE DEMAND FOR PREPARED FOOD, SUBSEQUENTLY DRIVING THE EQUIPMENT BUSINESS GLOBALLY
5.2.1.2 Focus of food manufacturers on production efficiency, processing time, and quality of food products
5.2.1.3 Growth of the retail industry in Asia Pacific
FIGURE 21 INDIA: IMPORTS OF BULK, INTERMEDIATE, CONSUMER-ORIENTED, AND AGRICULTURE-RELATED PRODUCTS
5.2.1.4 Internet penetration rate
5.2.1.5 Technological advancements in automation
5.2.2 RESTRAINTS
5.2.2.1 Rise in capital expenditure, production, and maintenance costs with advanced techniques and associated equipment
5.2.2.2 Increase in the demand for minimally processed, healthier organic food products
FIGURE 22 US: ORGANIC FOOD RETAIL SALES, 2013–2019 (USD BILLION)
5.2.2.3 High capital investment
5.2.3 OPPORTUNITIES
5.2.3.1 Demand for advanced machinery with high productivity and efficiency
5.2.3.2 Increase in investments in R&D in food processing equipment
5.2.3.3 Larger consumer base in Asia Pacific countries and changes in food preferences in the region
TABLE 2 GDP GROWTH OF EMERGING COUNTRIES/REGIONS, 2018–2019
5.2.4 CHALLENGES
5.2.4.1 Infrastructural challenges in developing countries
5.3 IMPACT OF COVID-19 ON THE MARKET DYNAMICS
5.3.1 COVID-19 WILL BOOST THE SALES OF PREPARED FOOD PRODUCTS WITH HEALTHY AND PREMIUM POSITIONING
5.3.2 COVID-19 WILL POSITIVELY IMPACT THE SALES OF EQUIPMENT WITH HIGH HYGIENE STANDARDS
6 INDUSTRY TRENDS (Page No. - 66)
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
FIGURE 23 VALUE CHAIN ANALYSIS OF THE PREPARED FOOD EQUIPMENT MARKET
6.3 YC-YCC SHIFT
FIGURE 24 PREPARED FOOD EQUIPMENT MARKET: YC-YCC SHIFT
6.4 TECHNOLOGY ANALYSIS
6.5 CASE STUDIES
6.5.1 CONVENIENCE FOOD – INTEGRATED ASSEMBLY LINE
6.5.2 MODIFIED ATMOSPHERE PACKAGING – MONITORING AND CONTROL
6.6 ECOSYSTEM MAP
FIGURE 25 PREPARED FOOD EQUIPMENT: ECOSYSTEM VIEW
FIGURE 26 PREPARED FOOD EQUIPMENT: MARKET MAP
7 PREPARED FOOD EQUIPMENT MARKET, BY TYPE (Page No. - 70)
7.1 INTRODUCTION
TABLE 3 KEY OPERATIONS CONDUCTED IN THE PROCESSING OF PREPARED FOOD
FIGURE 27 PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2020 VS. 2026 (USD MILLION)
TABLE 4 PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
7.1.1 COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET, BY TYPE (2018–2021)
7.1.1.1 Realistic Scenario
TABLE 5 REALISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
7.1.1.2 Optimistic Scenario
TABLE 6 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
7.1.1.3 Pessimistic Scenario
TABLE 7 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION)
7.2 PRE-PROCESSING
7.2.1 COMBINATION OF MANUAL AND AUTOMATED EQUIPMENT IN PRE-PROCESSING TO BOOST GROWTH IN ASIA PACIFIC
TABLE 8 PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
7.2.2 CLEANING, SORTING & GRADING
7.2.3 PEELING & CUTTING
7.2.4 OTHERS
7.3 PROCESSING
7.3.1 PROCESSING ENABLES THE AVAILABILITY OF FOOD PRODUCTS THROUGHOUT THE YEAR
TABLE 9 PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
7.3.2 MECHANICAL PROCESSING
7.3.3 HEAT PROCESSING
7.3.4 OTHERS
7.4 PACKAGING
7.4.1 GOOD PACKAGING HELPS IN ENHANCING THE MARKETABILITY OF THE FOOD PRODUCT
TABLE 10 PACKAGING EQUIPMENT MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
7.4.2 PRIMARY PACKAGING
7.4.3 SECONDARY PACKAGING
7.4.4 OTHERS
8 PREPARED FOOD EQUIPMENT MARKET, BY APPLICATION (Page No. - 79)
8.1 INTRODUCTION
FIGURE 28 PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2020 VS. 2026 (USD MILLION)
TABLE 11 PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
8.1.1 COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET, BY APPLICATION (2018–2021)
8.1.1.1 Realistic Scenario
TABLE 12 REALISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
8.1.1.2 Optimistic Scenario
TABLE 13 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
8.1.1.3 Pessimistic Scenario
TABLE 14 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)
8.2 SNACKS & SAVORY PRODUCTS
8.2.1 SNACKS & SAVORY PRODUCTS ARE PACKED ADEQUATELY AS THEY HAVE A SHORT SHELF LIFE
TABLE 15 SNACK & SAVORY PRODUCTS MARKET SIZE, BY REGION, 2018-2026 (USD MILLION)
8.3 PREPARED MEALS
8.3.1 CHANGES IN CONSUMPTION PATTERNS HAVE RESULTED IN THE GROWTH OF FRESH, TASTY, AND NUTRITIOUS FOOD
TABLE 16 PREPARED MEALS MARKET SIZE, BY REGION, 2018-2026 (USD MILLION)
8.4 DAIRY & REFRIGERATED PRODUCTS
8.4.1 VARIOUS OPTIONS IN DAIRY PRODUCTS APPEAL TO THE CONSUMERS, ENCOURAGING THE GROWTH OF AUTOMATED EQUIPMENT
TABLE 17 DAIRY & REFRIGERATED PRODUCTS MARKET SIZE, BY REGION, 2018-2026 (USD MILLION)
8.5 BAKERY & CONFECTIONERY PRODUCTS
8.5.1 EXPORT OF HIGH-QUALITY BAKERY PRODUCTS FROM THE US AND EUROPE GIVES SCOPE FOR HIGH PRODUCTION EQUIPMENT
TABLE 18 BAKERY & CONFECTIONERY PRODUCTS MARKET SIZE, BY REGION, 2018-2026 (USD MILLION)
8.6 MEAT & SEAFOOD PRODUCTS
8.6.1 PACKAGING OF SEAFOOD AND MEAT PRODUCTS INCREASES ITS SHELF LIFE AND ENSURES FOOD SAFETY
TABLE 19 MEAT & SEAFOOD PRODUCTS MARKET SIZE, BY REGION, 2018-2026 (USD MILLION)
8.7 SAUCES, DRESSINGS & CONDIMENTS
8.7.1 THE WORLDWIDE POPULARITY OF INTERNATIONAL CUISINES IS FUELING THE GROWTH OF SAUCES, DRESSINGS & CONDIMENTS
TABLE 20 SAUCES, DRESSINGS & CONDIMENTS MARKET SIZE, BY REGION, 2018-2026 (USD MILLION)
9 PREPARED FOOD EQUIPMENT MARKET, BY MODE OF OPERATION (Page No. - 88)
9.1 INTRODUCTION
FIGURE 29 PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2020 VS. 2026 (USD MILLION)
TABLE 21 PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
9.1.1 COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET, BY MODE OF OPERATION (2018–2021)
9.1.1.1 Realistic Scenario
TABLE 22 REALISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
9.1.1.2 Optimistic Scenario
TABLE 23 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
9.1.1.3 Pessimistic Scenario
TABLE 24 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2021 (USD MILLION)
9.2 AUTOMATIC
9.2.1 IN DEVELOPED COUNTRIES, AUTOMATED MACHINES HAVE GAINED PACE IN THE PACKAGING INDUSTRY
TABLE 25 AUTOMATIC PREPARED FOOD EQUIPMENT MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
9.3 SEMI-AUTOMATIC
9.3.1 SEMI-AUTOMATED MACHINES ARE MAJORLY USED BY SMALL- AND MEDIUM-SCALE COMPANIES
TABLE 26 SEMI-AUTOMATIC PREPARED FOOD EQUIPMENT MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
9.4 MANUAL
9.4.1 MANUALLY OPERATED EQUIPMENT ARE GENERALLY USED BY COMPANIES WITH LACK OF INVESTMENTS
TABLE 27 MANUAL PREPARED FOOD EQUIPMENT MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
10 PREPARED FOOD EQUIPMENT MARKET, BY REGION (Page No. - 94)
10.1 INTRODUCTION
FIGURE 30 INDIA IS PROJECTED TO RECORD THE HIGHEST CAGR IN THE PREPARED FOOD EQUIPMENT MARKET FROM 2020 TO 2026
TABLE 28 PREPARED FOOD EQUIPMENT MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
10.1.1 COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET, BY REGION (2018–2021)
10.1.1.1 Realistic Scenario
TABLE 29 REALISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
10.1.1.2 Optimistic Scenario
TABLE 30 OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
10.1.1.3 Pessimistic Scenario
TABLE 31 PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE PREPARED FOOD EQUIPMENT MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 31 NORTH AMERICA: MARKET SNAPSHOT
TABLE 32 NORTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
TABLE 33 NORTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 34 NORTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PRE-PROCESSING, BY TYPE, 2018–2026 (USD MILLION)
TABLE 35 NORTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PROCESSING, BY TYPE, 2018–2026 (USD MILLION)
TABLE 36 NORTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PACKAGING, BY TYPE, 2018–2026 (USD MILLION)
TABLE 37 NORTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 38 NORTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.2.1 US
10.2.1.1 The growing bakery industry paves the way for blenders, grinders & mixers
TABLE 39 US: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 40 US: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 41 US: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.2.2 CANADA
10.2.2.1 The growing immigration drives the growth of the prepared food market
TABLE 42 CANADA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 43 CANADA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 44 CANADA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.2.3 MEXICO
10.2.3.1 Increase in disposable income presents an opportunity for healthier food and convenient bakery options
TABLE 45 MEXICO: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 46 MEXICO: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 47 MEXICO: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.3 EUROPE
FIGURE 32 EUROPE: MARKET SNAPSHOT
TABLE 48 EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY COUNTRY, 2018-2026 (USD MILLION)
TABLE 49 EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 50 EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PRE-PROCESSING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 51 EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PROCESSING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 52 EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PACKAGING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 53 EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 54 EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.3.1 GERMANY
10.3.1.1 Preference of consumers for convenient and ready meals over conventional eating is driving the market
TABLE 55 GERMANY: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 56 GERMANY: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 57 GERMANY: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.3.2 FRANCE
10.3.2.1 The popularity of French cuisines among consumers makes it a destination for FDI
TABLE 58 FRANCE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 59 FRANCE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 60 FRANCE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.3.3 UK
10.3.3.1 Unavailability of labor creates a scope for the adoption of automated equipment
TABLE 61 UK: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 62 UK: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 63 UK: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.3.4 ITALY
10.3.4.1 Variety of food applications maximizes the commercial opportunities for prepared food equipment
TABLE 64 ITALY: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 65 ITALY: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 66 ITALY: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.3.5 SPAIN
10.3.5.1 The increasing demand for beef and meat products for exports is encouraging the growth of the food processing sector
TABLE 67 SPAIN: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 68 SPAIN: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 69 SPAIN: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.3.6 POLAND
10.3.6.1 Increase in mobile platforms offering fast food is driving the market for processed food.
TABLE 70 POLAND: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 71 POLAND: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 72 POLAND: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.3.7 REST OF EUROPE
10.3.7.1 Availability of processing equipment at reasonable prices is paving the way for the food market
TABLE 73 REST OF EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 74 REST OF EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 75 REST OF EUROPE: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.4 ASIA PACIFIC
FIGURE 33 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 76 ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE, BY COUNTRY, 2018–2026 (USD MILLION)
TABLE 77 ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 78 ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PRE-PROCESSING, BY TYPE, 2018–2026 (USD MILLION)
TABLE 79 ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PROCESSING, BY TYPE, 2018–2026 (USD MILLION)
TABLE 80 ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PACKAGING, BY TYPE, 2018–2026 (USD MILLION)
TABLE 81 ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 82 ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.4.1 CHINA
10.4.1.1 International players are focusing on the development of innovative equipment for processed food
TABLE 83 CHINA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 84 CHINA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 85 CHINA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.4.2 INDIA
10.4.2.1 Busy lifestyles have led to the demand for convenience food products
TABLE 86 INDIA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 87 INDIA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 88 INDIA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.4.3 JAPAN
10.4.3.1 Advanced technology has paved the way for automated systems
TABLE 89 JAPAN: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 90 JAPAN: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 91 JAPAN: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.4.4 SOUTH KOREA
10.4.4.1 Food safety has created a concern to manufacture or import quality food
TABLE 92 SOUTH KOREA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 93 SOUTH KOREA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 94 SOUTH KOREA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.4.5 AUSTRALIA & NEW ZEALAND
10.4.5.1 Supermarkets and in-store bakeries have compelled consumers to buy ready-to-eat foods
TABLE 95 ANZ: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 96 ANZ: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 97 ANZ: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.4.6 REST OF ASIA PACIFIC
10.4.6.1 Growing tourism drives the market for international cuisines, thereby fueling the food market
TABLE 98 REST OF ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018–2026 (USD MILLION)
TABLE 99 REST OF ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018–2026 (USD MILLION)
TABLE 100 REST OF ASIA PACIFIC: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018–2026 (USD MILLION)
10.5 SOUTH AMERICA
TABLE 101 SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY COUNTRY, 2018-2026 (USD MILLION)
TABLE 102 SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 103 SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PRE-PROCESSING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 104 SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PROCESSING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 105 SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PACKAGING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 106 SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 107 SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.5.1 BRAZIL
10.5.1.1 Leading brands have increased the options for bakery products
TABLE 108 BRAZIL: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 109 BRAZIL: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 110 BRAZIL: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.5.2 ARGENTINA
10.5.2.1 The evolving food industry has resulted in technological advancements to improve the performance of prepared food equipment
TABLE 111 ARGENTINA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 112 ARGENTINA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 113 ARGENTINA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.5.3 REST OF SOUTH AMERICA
10.5.3.1 Industrialization in these countries has presented opportunities for the growth of the prepared food equipment market
TABLE 114 REST OF SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 115 REST OF SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 116 REST OF SOUTH AMERICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.6 REST OF THE WORLD (ROW)
TABLE 117 ROW: PREPARED FOOD EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2018-2026 (USD MILLION)
TABLE 118 ROW: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 119 ROW: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PRE-PROCESSING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 120 ROW: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PROCESSING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 121 ROW: PREPARED FOOD EQUIPMENT MARKET SIZE FOR PACKAGING, BY TYPE, 2018-2026 (USD MILLION)
TABLE 122 ROW: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 123 ROW: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.6.1 MIDDLE EAST
10.6.1.1 The increased demand for processed red meat types has fueled the growth of meat processing equipment
TABLE 124 MIDDLE EAST: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 125 MIDDLE EAST: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 126 MIDDLE EAST: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.6.2 SOUTH AFRICA
10.6.2.1 Increase in pre-packaged cheese and margarine to push the growth of the dairy industry
TABLE 127 SOUTH AFRICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 128 SOUTH AFRICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 129 SOUTH AFRICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
10.6.3 OTHER COUNTRIES IN AFRICA
10.6.3.1 Demand for food products, such as beef and red meat, rich in protein gives scope for potential investors
TABLE 130 OTHER COUNTRIES IN AFRICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION)
TABLE 131 OTHER COUNTRIES IN AFRICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2018-2026 (USD MILLION)
TABLE 132 OTHER COUNTRIES IN AFRICA: PREPARED FOOD EQUIPMENT MARKET SIZE, BY APPLICATION, 2018-2026 (USD MILLION)
11 COMPETITIVE LANDSCAPE (Page No. - 145)
11.1 MARKET EVALUATION FRAMEWORK
FIGURE 34 MARKET EVALUATION FRAMEWORK, 2017-2020
11.2 COVID-19-SPECIFIC COMPANY RESPONSE
11.3 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2019
FIGURE 35 KEY PLAYERS DOMINATED THE PREPARED FOOD EQUIPMENT MARKET IN 2019
11.4 COMPANY EVALUATION MATRIX: DEFINITIONS & METHODOLOGY, 2019 (OVERALL MARKET)
11.4.1 STARS
11.4.2 EMERGING LEADERS
11.4.3 PERVASIVE PLAYERS
11.4.4 PARTICIPANTS
FIGURE 36 GLOBAL PREPARED FOOD EQUIPMENT MARKET: COMPANY EVALUATION MATRIX, 2019 (OVERALL MARKET)
11.5 COMPETITIVE LEADERSHIP MAPPING (STARTUPS AND SMES)
11.5.1 PROGRESSIVE COMPANIES
11.5.2 STARTING BLOCKS
11.5.3 RESPONSIVE COMPANIES
11.5.4 DYNAMIC COMPANIES
FIGURE 37 PREPARED FOOD EQUIPMENT MARKET: COMPETITIVE LEADERSHIP MAPPING FOR OTHER PLAYERS, 2019 (STARTUPS/SMES)
TABLE 133 PREPARED FOOD EQUIPMENT MARKET: COMPANY APPLICATION FOOTPRINT
11.6 COMPETITIVE SCENARIO
11.6.1 NEW PRODUCT LAUNCHES
TABLE 134 NEW PRODUCT LAUNCHES, 2017–2020
11.6.2 DEALS
TABLE 135 DEALS, 2017–2019
11.6.3 OTHERS
TABLE 136 OTHERS, 2017–2020
12 COMPANY PROFILES (Page No. - 155)
12.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
12.1.1 GEA GROUP
FIGURE 38 GEA GROUP: COMPANY SNAPSHOT
12.1.2 ALFA LAVAL
FIGURE 39 ALFA LAVAL: COMPANY SNAPSHOTS
12.1.3 JBT CORPORATION
FIGURE 40 JBT CORPORATION: COMPANY SNAPSHOT
12.1.4 SPX FLOW
FIGURE 41 SPX FLOW: COMPANY SNAPSHOT
12.1.5 BÜHLER
FIGURE 42 BÜHLER: COMPANY SNAPSHOT
12.1.6 TETRA LAVAL
FIGURE 43 TETRA LAVAL: COMPANY SNAPSHOT
12.1.7 DOVER CORPORATION
FIGURE 44 DOVER CORPORATION: COMPANY SNAPSHOT
12.1.8 ROBERT BOSCH
FIGURE 45 ROBERT BOSCH: COMPANY SNAPSHOT
12.1.9 KRONES
FIGURE 46 KRONES: COMPANY SNAPSHOT
12.1.10 MIDDLEBY CORPORATION
FIGURE 47 MIDDLEBY CORPORATION: COMPANY SNAPSHOT
12.2 STARTUPS/SMES
12.2.1 MAREL
FIGURE 48 MAREL: COMPANY SNAPSHOT
12.2.2 IMA GROUP
FIGURE 49 IMA GROUP: COMPANY SNAPSHOT
12.2.3 MULTIVAC
12.2.4 ALI GROUP
12.2.5 LYCO MANUFACTURING, INC.
12.2.6 HEAT AND CONTROL, INC.
12.2.7 BIGTEM MAKINE
12.2.8 HUP SHENG MACHINERY & INDUSTRY
12.2.9 SUMPOT
12.2.10 HOSOKAWA ALPINE
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
13 APPENDIX (Page No. - 217)
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 KEY PRIMARY INSIGHTS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
The study involves four major activities to estimate the current market size of the prepared food equipment market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. These findings, assumptions, and market sizes were validated with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, the market breakdown and data triangulation approaches were used to estimate segments and subsegments' market size.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg Business Week, and Dun & Bradstreet were referred to identify and collect information for this study. These secondary sources included annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold standard & silver standard websites, food safety organizations, regulatory bodies, trade directories, and databases.
Primary Research
The prepared food equipment market comprises several stakeholders, such as manufacturers, importers & exporters, traders, distributors & suppliers of food products, consumers, and government & research organizations. It also includes manufacturers of prepared food equipment. The rising demand for convenience food characterizes the demand-side of this market. The supply-side is characterized by the supply of raw materials in the prepared food equipment market from various market suppliers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:
To know about the assumptions considered for the study, download the pdf brochure
Market size estimation
Both the top-down and bottom-up approaches were used to estimate and validate the prepared food equipment market's total size. These approaches were also used extensively to determine the size of the subsegments in the market. The research methodology used to estimate the market size includes the following details:
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Approach 1:
- The key players in the industry and the market were identified through extensive secondary research.
- The revenues of major prepared food equipment players were determined through primary and secondary research, such as paid databases, used as the basis for market estimation.
- Based on the market share analysis of key industry players from all regions, we arrived at the final market size for prepared food equipment.
-
Approach 2:
- The types of prepared food equipment available in the end-use sector and their valuation were estimated from sources such as publications by companies, industry publications, trade data providers, and paid databases.
- The demand analysis was conducted for different processed food companies and their operating regions.
- The pricing analysis was conducted based on the cost of equipment in different types of prepared foods.
- From this, we derived the market sizes for each region.
- Summing up the above, we arrived at the market size of the global prepared food equipment market.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- All macroeconomic and microeconomic factors affecting the prepared food equipment market's growth were considered while estimating the market size.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into the food tested segment and subsegments. To estimate the overall prepared food equipment market and arrive at the exact statistics for all subsegments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.
Report Objectives
- To define, segment, and project the global market size of the prepared food equipment market.
- To understand the prepared food equipment market by identifying its various subsegments
- To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
- To project the size of the market and its submarkets, in terms of value, with respect to the regions (along with their respective key countries)
- To profile the key players and comprehensively analyze their core competencies.
- To understand the competitive landscape and identify major growth strategies adopted by players across key regions.
- To analyze the competitive developments such as expansions & investments, mergers & acquisitions, new product launches, partnerships, joint ventures, collaborations, divestments, disinvestments, and agreements.
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to client-specific needs.
The following customization options are available for the report:
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company
Geographic Analysis
- Further breakdown of the Rest of Asia Pacific prepared food equipment market
- Further breakdown of the Rest of European prepared food equipment market
- Further breakdown of the Rest of South American prepared food equipment market
- Further breakdown of the Rest of African prepared food equipment market
Application Breakdown
- Further breakdown of the applications of prepared food equipment
Company Information
- Detailed analysis and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Prepared Food Equipment Market