The Infinium Global Research analyzes the Food Packaging Technology and Equipment Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global food packaging technology and equipment market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of food packaging technology and equipment. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the food packaging technology and equipment market during the period. The global food packaging technology and equipment market are projected to grow at a CAGR of 5.9% over the forecast period of 2019-2025.
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Bosch Launched Vertical Packaging System for Ground Coffee
March 2018 Bosch Packaging Technology, one of the leading players of the technology and services, launched a new duplex packaging solution. This vertical packaging system will facilitate the coffee manufacturers to achieve the highest output per square foot of the production site. This packaging system is able to pack 300 good quality coffee bags per minute and required less floor space. Additionally, this packaging system reduces waste material during the packaging process.
The continuous growing demand of the different type of the food products, and intensive products launch by the different companies to capture the untapped market is helping to boost the demand of the different type of the food packaging technology and equipment around the world. Further, ongoing technological innovation to automate the production system, as well as the packaging system, is helping to grow the demand of the different type of innovative food packaging technology and equipment in the food processing industry. However, the cost factor for the installation of the new food packaging technology and equipment is restricting the growth of the market.
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Segments of Global Food Packaging Technology and Equipment Industry
The global food-packaging-technology-and-equipment-market market is segmented on the basis of type, material, and application. On the basis of type, the sub-markets include controlled packaging, active packaging, aseptic packaging, intelligent packaging, biodegradable packaging, and other types. On the basis of material, the sub-markets include metal, glass and wood, paper and paperboard, plastics, and other materials. On the basis of application, the sub-markets include convenience foods, poultry, seafood, and meat products, bakery products, confectionery products, dairy and dairy products, fruits and vegetables, and other applications.
North America is the Largest Market of the Food Packaging and Equipment Market
Geographically, the food-packaging-technology-and-equipment market is divided into the four regions namely, the North America, Europe, the Asia-Pacific, and RoW. North America is the largest market of the food packaging and equipment market, owing to the presence of a large number of food processing companies in this region. The food processing companies in the North America region, are constantly trying to automate their production and packaging system to reduce the cost of processing and packaging. Europe is the second-largest market of the food packaging technology and equipment, after North America. The Asia-Pacific is the largest market of the food processing technology and equipment, owing to the growing demand of the different type of the food processing technology and equipment to support the ongoing growth trend of the food processing industry in this region.
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Key Players in the Food Packaging Technology and Equipment Industry
The global food-packaging-technology-and-equipment-market market comprises several players, some of few profiled companies in this report are Kaufman Engineered Systems, Adelphi Healthcare Packaging, NICHROME INDIA LTD, Omori Machinery Co., Ltd., Multivac Sepp Haggenmüller, ARPAC LLC, Ishida Co., Ltd., Coesia S.p.A., I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.P.A, and GEA Group AG, among others.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Food Packaging Technology and Equipment.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.