Dublin, Aug. 30, 2023 (GLOBE NEWSWIRE) -- The "Prepared Food Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for prepared food equipment has been analyzed extensively, encompassing various aspects such as annual sales, geographic regions, and market segments.
The analysis spans from 2014 to 2030, providing insights into the evolution and trends of the industry. The report covers categories including processing, packaging, pre-processing, automation levels (semi-automatic, automatic, manual), and applications like snacks & savory, prepared meals, sauces, dressings & condiments, bakery & confectionery, dairy & refrigerated, meat & seafood, and others.
This comprehensive examination aids in understanding the market's historical performance, current dynamics, and projected future growth, allowing stakeholders to make informed decisions based on market trends and opportunities.
Global Prepared Food Equipment Market to Reach $20.4 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Prepared Food Equipment estimated at US$11.8 Billion in the year 2022, is projected to reach a revised size of US$20.4 Billion by 2030, growing at a CAGR of 7.1% over the analysis period 2022-2030.
Processing, one of the segments analyzed in the report, is projected to record 7.1% CAGR and reach US$8.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Packaging segment is readjusted to a revised 7.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 11.1% CAGR
The Prepared Food Equipment market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2030 trailing a CAGR of 11.1% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
What's New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
A selection of companies mentioned in this report includes
- Alfa Laval
- Bigtem Makine A.S.
- GEA Group AG
- Heat and Control, Inc.
- Hughes Equipment Company, LLC
- Hup Sheng Machinery & Industry Sdn Bhd.
- Marel
- The Buhler Holding AG
- The Middleby Corp.
- Welbilt (The Manitowoc Company)
For more information about this report visit https://www.researchandmarkets.com/r/2oioli
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