Global $11.23 Bn Prepared Food Equipment Market 2018-2023 - Analysis by Type, Application, and Mode of Operation

DUBLIN, June 27, 2018 /PRNewswire/ --

The "Prepared Food Equipment Market by Type (Pre-processing, Processing, Packaging), Application (Snack & Savory Products, Ready-to-eat Products), Mode of Operation (Automatic, Semi-automatic, Manual), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The prepared food equipment market is projected to reach USD 11.23 Billion by 2023 from USD 8.41 Billion in 2018, at a CAGR of 5.95% during the forecast period. The rise in income of the population and focus of food manufacturers on production efficiency, processing time, and quality of food products are expected to fuel the demand for prepared food equipment.

Based on type, the prepared food equipment market has been segmented into pre-processing, processing, and packaging. The processing segment accounted for the largest market share of the global prepared food equipment market in 2017. Processing is further segmented into blanching, cooking, and seasoning & coating. The pre-processing segment is segmented into sorting & grading, mixing & grading, and others which include conveying, picking, and placing. The packaging segment is further segmented into primary and secondary packaging.

On the basis of application, the prepared food equipment market has been segmented into bakery & confectionery products; meat & seafood products; snacks & savory products; sauces, dressings, & condiments; dairy & refrigerated products; and ready-to-eat products. The snacks & savory products segment dominated the global prepared food equipment market in 2017.

Based on mode of operation, the prepared food equipment market has been segmented into automatic, semi-automatic, and manual. The semi-automatic segment accounted for the largest market share in 2017. In order to increase productivity and reduce the cost of manufacturing, semi-automatic prepared food equipment are preferred.

North America accounted for the largest share in the global prepared food equipment market, in terms of value, in 2017, owing to the increasing automation industry. Asia Pacific is expected to overtake the North American market for prepared food equipment by 2023. The wide acceptance and availability of prepared food equipment in the US, Canada, and Mexico, along with their growth potential, are the major drivers contributing to the growth of the North American prepared food equipment market.

Increase in demand for minimally processed, healthier organic food products restrains the market for prepared food equipment.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions & Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in the Prepared Food Equipment Market
4.2 Asia Pacific: Prepared Food Equipment Market, By End-Use Industry & Country
4.3 Prepared Food Equipment Market, By Type
4.4 Prepared Food Equipment Market, By Mode of Operation
4.5 Prepared Food Equipment Market, By Application
4.6 Prepared Food Equipment Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics

6 Prepared Food Equipment Market, By Mode of Operation
6.1 Introduction
6.2 Automatic
6.3 Semi-Automatic
6.4 Manual

7 Prepared Food Equipment Market, By Type
7.1 Introduction
7.2 Pre-Processing
7.3 Processing
7.4 Packaging

8 Prepared Food Equipment Market, By Application
8.1 Introduction
8.2 Dairy & Refrigerated Products
8.3 Bakery & Confectionery Products
8.4 Meat & Seafood Products
8.5 Snacks & Savory Products
8.6 Sauces, Dressings, and Condiments
8.7 Ready-To-Eat Products

9 Prepared Food Equipment Market, By Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 South America
9.6 Rest of the World (RoW)
9.7 Regulations of Prepared Food Equipment Market

10 Patent Analysis
10.1 Introduction

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking, By Key Player
11.3 Competitive Scenario

12 Company Profiles
12.1 GEA Group
12.2 Alfa Laval
12.3 Buhler
12.4 Marel
12.5 The Middleby Corporation
12.6 Welbilt (The Manitowoc Company)
12.7 Hughes Equipment Company
12.8 Heat and Control, Inc.
12.9 Bigtem Makine
12.10 HUP Sheng Machinery & Industry

For more information about this report visit https://www.researchandmarkets.com/research/h3zxxg/global_11_23_bn?w=5

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

View original content:http://www.prnewswire.com/news-releases/global-11-23-bn-prepared-food-equipment-market-2018-2023---analysis-by-type-application-and-mode-of-operation-300673431.html

SOURCE Research and Markets