Prepared Food Equipment Market - Forecast(2024 - 2030)
Prepared Food Equipment Market Overview
Prepared Food Equipment Market size is forecast to reach $8.20 billion by 2025,growing at a CAGR of 5.62% during the forecast period 2020-2025. The focus of food manufacturers on production efficiency and growing technological advancements in automation are the major factors driving the growth of the market.Increasing consumer preferences towards prepared food & snacks and rising investments in food processing equipment is set to further enhance the overall market demand of prepared food equipment market during the forecast period 2020-2025.
Report Coverage
The report: “Prepared Food Equipment Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Prepared Food Equipment Market.
By Mode of Operation: Automatic, Semi-Automatic, Manual
By Type: Pre-Processing, Processing, Packaging
By Application: Dairy & Refrigerated Products, Bakery &, Confectionery Products, Meat & Seafood Products, Snacks & Savory Products, Sauces, Dressings and Condiments, Ready-To-Eat Products
By Geography: North America, Europe, Asia Pacific, Rest of the World
Key Takeaways
- North America dominated the Prepared Food Equipment Market in 2019 owing to the rising demand for on the go and ready to eat products and increasing automation in food & beverage industry. The Prepared Food Equipment Market scope for different regions will be provided in the final report.
- The increased demand for packaged food and the growing investments for food packaging and the rising disposable income in developing countries is likely to aid in the market growth of the prepared food equipment market.
- Detailed analysis on the Strength, Weakness and opportunities of the prominent players operating in the market will be provided in the prepared food equipment market report.
- Infrastructural challenges and increased manufacturing costs is poised to create hurdles for the prepared food equipment market.
Mode of Operation - Segment Analysis
The semi-automatic segment held the largest share in the prepared food equipment market in 2019 and is estimated to grow at a CAGR of 4.04% during the forecast period 2020-2025. The growth in this segment can be attributed to the technological developments; small pack sizes, shifting consumer preferences and the decrease in the time-lag in the production process are significant factors influencing the growth of the prepared food equipment market. However, the automatic segment is projected to grow at the highest CAGR during the forecast period 2020-2025 owing to the ease of use and higher production of food products in lesser time.
Application- Segment Analysis
The snacks and savory segment held the largest share in the prepared food equipment market in 2019 and is estimated to grow at a CAGR of 2.34% during the forecast period 2020-2025. The growth in this segment is owing to the shifting consumer preferences towards the snacks and savory and the rising interest of the consumer with the growing demand for customized food with specific ingredients. Prepared food equipment is primarily used in the manufacturing of snacks and savory products. Prepared food is meant for immediate consumption. It is estimated that snacks and the savory segments will be the fastest-growing segment and will register the highest CAGR during the forecast period 2020-2025.
Geography- Segment Analysis
North America dominated the prepared food equipment market in 2019 with a share of more than 32%, followed by Europe. This is mainly owing to the availability of several advanced food retail chain and rising automation in the food industry. Rising demand for convenience and ready to eat food products with the technological developments and decrease in the time lag in the production process is influencing the growth of the prepared food equipment market in the North America. The massive technological advancement in processing ready to eat foods and the fast-growing sectors has led to the adoption of the prepared food equipment market in North America.
Europe is estimated to grow at a higher CAGR during the forecast period (2020-2025) owing to the increasing investments in the food processing and industry and strict food regulations and governing policies. The increasing investments by the government and advancements in food processing technology will also support the region growth.
Drivers –Prepared Food Equipment Market
• Increase demand for packaged food and the growing investments in food packaging
There is an increased demand for packaged food and growing investment in food packaging which has driven the growth of the prepared food equipment market. Growing technological advancements and rising investments in food with the increasing demand for productive and efficient advanced machinery is increasing the growth of the prepared food equipment market.Prepared food equipment is designed in such a way that it can provide fresh and safe foods.It is also involved with processing,pre processing and packaging food. Increasing efficiency in packaging foods also helps to save time and increase productivity.
• Increasing demand for productive and efficient advanced machinery
Growing technological advancements in automation with the decrease in the time lag in the production process is influencing the growth of the prepared food equipment market. The growing corporate culture in the developing countries and lack of time to prepare traditional food is helping to boost the demand for a different type of food processing equipment.The growing influence of urbanization, corporate culture, and nuclear families is increasing the demand for productive and efficient advanced machinery and this is driving the growth of the prepared food equipment market.
Challenges – Prepared Food Equipment Market
• Infrastructural challenges and increased manufacturing costs
Some of the factors that can hamper the growth of the prepared food equipment market are infrastructural challenges and increased manufacturing costs along with the cost factor of the installation of the new prepared food equipment. The low availability of the skilled personnel to operate this type of modern equipment is also restricting to the growth of the market.
Prepared Food Equipment Industry Outlook
Product launches, mergers and acquisitions, joint ventures and R&D activities are key strategies adopted by players in the prepared food equipment market. In 2019, Prepared Food Equipment Market share is consolidated by the top ten players present in the market. Prepared food equipment top 10 companies are GEA Group, Alfa Laval, The Middleby Corporation, Marel, and Buhler. Other players in the industry include Welbilt, Hughes Equipment Company, Heat and Control Inc., Bigtem Makine, and Hup Sheng among others.
Acquisitions/Product Launches
- In December 2018,GEA Group launched GEA DeltaPak which is compact and inexpensive and is used for custom built packaging solutions.
- In October 2017, The Middleby Corporation acquires Global Food Equipment Company.
1. Prepared Food Equipment Market Overview
1.1 Definitions and Scope
2. Prepared Food Equipment Market - Executive Summary
2.1 Market Revenue and Key Trends by Company
2.2 Key trends by Mode Of Operation
2.3 Key trends by Application
2.4 Key trends by Geography
3. Prepared Food Equipment Market – Comparative Analysis
3.1 Product Benchmarking – Key Companies
3.2 Financial Analysis – Key Companies
3.3 Market Value Split by Key Companies
3.4 Patent Analysis – Key Companies
3.5 Pricing Analysis
4. Prepared Food Equipment Market - Startup Companies Scenario (Premium)
4.1 Key Startup Company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Venture Capital and Funding Scenario
5. Prepared Food Equipment Market – Industry Market Entry Scenario Premium (Premium)
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case Studies of Successful Ventures
6. Prepared Food Equipment Market Forces
6.1 Market Drivers
6.2 Market Constraints/Challenges
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Prepared Food Equipment Market – Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Market Life Cycle
8. Prepared Food Equipment Market – By Mode of Operation (Market Size –$Million/$Billion)
8.1 Automatic
8.2 Semi-Automatic
8.3 Manual
9. Prepared Food Equipment Market – By Type (Market Size –$Million/$Billion)
9.1 Pre Processing
9.1.1 Sorting & Grading
9.1.2 Mixing & Cutting
9.1.3 Others
9.2 Processing
9.2.1 Blanching
9.2.2 Cooking
9.2.3 Seasoning & Coating
9.2.4 Others
9.3 Packaging
9.3.1 Primary Packaging
9.3.2 Secondary Packaging
10. Prepared Food Equipment Market – By Application (Market Size –$Million/$Billion)
10.1 Dairy & Refrigerated Products
10.2 Bakery & Confectionary Products
10.3 Meat & Seafood Products
10.4 Snacks & Savory Products
10.5 Sauces & Dressings
10.6 Ready To Eat Products
11. Prepared Food Equipment Market - By Geography (Market Size –$Million/$Billion)
11.1 North America
11.1.1 U.S.
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 U.K.
11.2.2 Germany
11.2.3 France
11.2.4 Italy
11.2.5 Spain
11.2.6 Rest of Europe
11.3 Asia-Pacific
11.3.1 China
11.3.2 India
11.3.3 Japan
11.3.4 South Korea
11.3.5 Australia & New Zealand
11.3.6 Rest of Asia-Pacific
11.4 Rest of the World
11.4.1 Middle East
11.4.2 Africa
11.4.3 South America
12. Prepared Food Equipment Market - Entropy
13. Prepared Food Equipment Market – Industry/Segment Competition Landscape (Premium)
13.1 Market Share Analysis
13.1.1 Global Market Share – Key Companies
13.1.2 Market Share by Region – Key companies
13.1.3 Market Share by Countries – Key Companies
13.1.4 Best Practices for Companies
14. Prepared Food Equipment Market – Key Company List by Country Premium (Premium)
15. Prepared Food Equipment Market Company Analysis
15.1 Company 1
15.2 Company 2
15.3 Company 3
15.4 Company 4
15.5 Company 5
15.6 Company 6
15.7 Company 7
15.8 Company 8
15.9 Company 9
15.10 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.
LIST OF TABLES
1.Global Prepared Food Equipment Market By Mode of Operation Market 2023-2030 ($M)1.1 Automatic Market 2023-2030 ($M) - Global Industry Research
1.2 Semi-Automatic Market 2023-2030 ($M) - Global Industry Research
1.3 Manual Market 2023-2030 ($M) - Global Industry Research
2.Global Prepared Food Equipment Market By Type Market 2023-2030 ($M)
2.1 Pre-Processing Market 2023-2030 ($M) - Global Industry Research
2.1.1 Sorting & Grading Market 2023-2030 ($M)
2.1.2 Mixing & Cutting Market 2023-2030 ($M)
2.2 Processing Market 2023-2030 ($M) - Global Industry Research
2.2.1 Blanching Market 2023-2030 ($M)
2.2.2 Cooking Market 2023-2030 ($M)
2.2.3 Seasoning & Coating Market 2023-2030 ($M)
2.3 Packaging Market 2023-2030 ($M) - Global Industry Research
2.3.1 Primary Packaging Market 2023-2030 ($M)
2.3.2 Secondary Packaging Market 2023-2030 ($M)
3.Global Prepared Food Equipment Market By Mode of Operation Market 2023-2030 (Volume/Units)
3.1 Automatic Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Semi-Automatic Market 2023-2030 (Volume/Units) - Global Industry Research
3.3 Manual Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Prepared Food Equipment Market By Type Market 2023-2030 (Volume/Units)
4.1 Pre-Processing Market 2023-2030 (Volume/Units) - Global Industry Research
4.1.1 Sorting & Grading Market 2023-2030 (Volume/Units)
4.1.2 Mixing & Cutting Market 2023-2030 (Volume/Units)
4.2 Processing Market 2023-2030 (Volume/Units) - Global Industry Research
4.2.1 Blanching Market 2023-2030 (Volume/Units)
4.2.2 Cooking Market 2023-2030 (Volume/Units)
4.2.3 Seasoning & Coating Market 2023-2030 (Volume/Units)
4.3 Packaging Market 2023-2030 (Volume/Units) - Global Industry Research
4.3.1 Primary Packaging Market 2023-2030 (Volume/Units)
4.3.2 Secondary Packaging Market 2023-2030 (Volume/Units)
5.North America Prepared Food Equipment Market By Mode of Operation Market 2023-2030 ($M)
5.1 Automatic Market 2023-2030 ($M) - Regional Industry Research
5.2 Semi-Automatic Market 2023-2030 ($M) - Regional Industry Research
5.3 Manual Market 2023-2030 ($M) - Regional Industry Research
6.North America Prepared Food Equipment Market By Type Market 2023-2030 ($M)
6.1 Pre-Processing Market 2023-2030 ($M) - Regional Industry Research
6.1.1 Sorting & Grading Market 2023-2030 ($M)
6.1.2 Mixing & Cutting Market 2023-2030 ($M)
6.2 Processing Market 2023-2030 ($M) - Regional Industry Research
6.2.1 Blanching Market 2023-2030 ($M)
6.2.2 Cooking Market 2023-2030 ($M)
6.2.3 Seasoning & Coating Market 2023-2030 ($M)
6.3 Packaging Market 2023-2030 ($M) - Regional Industry Research
6.3.1 Primary Packaging Market 2023-2030 ($M)
6.3.2 Secondary Packaging Market 2023-2030 ($M)
7.South America Prepared Food Equipment Market By Mode of Operation Market 2023-2030 ($M)
7.1 Automatic Market 2023-2030 ($M) - Regional Industry Research
7.2 Semi-Automatic Market 2023-2030 ($M) - Regional Industry Research
7.3 Manual Market 2023-2030 ($M) - Regional Industry Research
8.South America Prepared Food Equipment Market By Type Market 2023-2030 ($M)
8.1 Pre-Processing Market 2023-2030 ($M) - Regional Industry Research
8.1.1 Sorting & Grading Market 2023-2030 ($M)
8.1.2 Mixing & Cutting Market 2023-2030 ($M)
8.2 Processing Market 2023-2030 ($M) - Regional Industry Research
8.2.1 Blanching Market 2023-2030 ($M)
8.2.2 Cooking Market 2023-2030 ($M)
8.2.3 Seasoning & Coating Market 2023-2030 ($M)
8.3 Packaging Market 2023-2030 ($M) - Regional Industry Research
8.3.1 Primary Packaging Market 2023-2030 ($M)
8.3.2 Secondary Packaging Market 2023-2030 ($M)
9.Europe Prepared Food Equipment Market By Mode of Operation Market 2023-2030 ($M)
9.1 Automatic Market 2023-2030 ($M) - Regional Industry Research
9.2 Semi-Automatic Market 2023-2030 ($M) - Regional Industry Research
9.3 Manual Market 2023-2030 ($M) - Regional Industry Research
10.Europe Prepared Food Equipment Market By Type Market 2023-2030 ($M)
10.1 Pre-Processing Market 2023-2030 ($M) - Regional Industry Research
10.1.1 Sorting & Grading Market 2023-2030 ($M)
10.1.2 Mixing & Cutting Market 2023-2030 ($M)
10.2 Processing Market 2023-2030 ($M) - Regional Industry Research
10.2.1 Blanching Market 2023-2030 ($M)
10.2.2 Cooking Market 2023-2030 ($M)
10.2.3 Seasoning & Coating Market 2023-2030 ($M)
10.3 Packaging Market 2023-2030 ($M) - Regional Industry Research
10.3.1 Primary Packaging Market 2023-2030 ($M)
10.3.2 Secondary Packaging Market 2023-2030 ($M)
11.APAC Prepared Food Equipment Market By Mode of Operation Market 2023-2030 ($M)
11.1 Automatic Market 2023-2030 ($M) - Regional Industry Research
11.2 Semi-Automatic Market 2023-2030 ($M) - Regional Industry Research
11.3 Manual Market 2023-2030 ($M) - Regional Industry Research
12.APAC Prepared Food Equipment Market By Type Market 2023-2030 ($M)
12.1 Pre-Processing Market 2023-2030 ($M) - Regional Industry Research
12.1.1 Sorting & Grading Market 2023-2030 ($M)
12.1.2 Mixing & Cutting Market 2023-2030 ($M)
12.2 Processing Market 2023-2030 ($M) - Regional Industry Research
12.2.1 Blanching Market 2023-2030 ($M)
12.2.2 Cooking Market 2023-2030 ($M)
12.2.3 Seasoning & Coating Market 2023-2030 ($M)
12.3 Packaging Market 2023-2030 ($M) - Regional Industry Research
12.3.1 Primary Packaging Market 2023-2030 ($M)
12.3.2 Secondary Packaging Market 2023-2030 ($M)
13.MENA Prepared Food Equipment Market By Mode of Operation Market 2023-2030 ($M)
13.1 Automatic Market 2023-2030 ($M) - Regional Industry Research
13.2 Semi-Automatic Market 2023-2030 ($M) - Regional Industry Research
13.3 Manual Market 2023-2030 ($M) - Regional Industry Research
14.MENA Prepared Food Equipment Market By Type Market 2023-2030 ($M)
14.1 Pre-Processing Market 2023-2030 ($M) - Regional Industry Research
14.1.1 Sorting & Grading Market 2023-2030 ($M)
14.1.2 Mixing & Cutting Market 2023-2030 ($M)
14.2 Processing Market 2023-2030 ($M) - Regional Industry Research
14.2.1 Blanching Market 2023-2030 ($M)
14.2.2 Cooking Market 2023-2030 ($M)
14.2.3 Seasoning & Coating Market 2023-2030 ($M)
14.3 Packaging Market 2023-2030 ($M) - Regional Industry Research
14.3.1 Primary Packaging Market 2023-2030 ($M)
14.3.2 Secondary Packaging Market 2023-2030 ($M)
LIST OF FIGURES
1.US Prepared Food Equipment Market Revenue, 2023-2030 ($M)2.Canada Prepared Food Equipment Market Revenue, 2023-2030 ($M)
3.Mexico Prepared Food Equipment Market Revenue, 2023-2030 ($M)
4.Brazil Prepared Food Equipment Market Revenue, 2023-2030 ($M)
5.Argentina Prepared Food Equipment Market Revenue, 2023-2030 ($M)
6.Peru Prepared Food Equipment Market Revenue, 2023-2030 ($M)
7.Colombia Prepared Food Equipment Market Revenue, 2023-2030 ($M)
8.Chile Prepared Food Equipment Market Revenue, 2023-2030 ($M)
9.Rest of South America Prepared Food Equipment Market Revenue, 2023-2030 ($M)
10.UK Prepared Food Equipment Market Revenue, 2023-2030 ($M)
11.Germany Prepared Food Equipment Market Revenue, 2023-2030 ($M)
12.France Prepared Food Equipment Market Revenue, 2023-2030 ($M)
13.Italy Prepared Food Equipment Market Revenue, 2023-2030 ($M)
14.Spain Prepared Food Equipment Market Revenue, 2023-2030 ($M)
15.Rest of Europe Prepared Food Equipment Market Revenue, 2023-2030 ($M)
16.China Prepared Food Equipment Market Revenue, 2023-2030 ($M)
17.India Prepared Food Equipment Market Revenue, 2023-2030 ($M)
18.Japan Prepared Food Equipment Market Revenue, 2023-2030 ($M)
19.South Korea Prepared Food Equipment Market Revenue, 2023-2030 ($M)
20.South Africa Prepared Food Equipment Market Revenue, 2023-2030 ($M)
21.North America Prepared Food Equipment By Application
22.South America Prepared Food Equipment By Application
23.Europe Prepared Food Equipment By Application
24.APAC Prepared Food Equipment By Application
25.MENA Prepared Food Equipment By Application
26.GEA Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Alfa Laval, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Buhler, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Marel, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.The Middleby Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Welbilt, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Hughes Equipment Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Bigtem Makine, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.HUP Sheng Machinery & Industry, Sales /Revenue, 2015-2018 ($Mn/$Bn)