Food Packaging Equipment Market by Equipment (Bottling Line; Cartoning; Case Handling; Closing; Filling & Dosing; Form, Fill & Seal; Labelling, Decorating & Coding; Palletizing; Wrapping & Bundling; and Others), Application (Meat, Poultry & Seafood, Dairy, Bakery & Snack, Frozen, Candy & Confectionery, Cereal & Grain, Perishable Prepared, and 2022–2031 Global Opportunity Analysis and Industry Forecast
The Food Packaging Equipment Market is expected to reach $25.37 billion by 2029, growing at a CAGR of 6% between 2022 and 2029. This market is expected to grow at an 8 percent CAGR from 2022 to 12,131.3 thousand units by 2029. Food packaging equipment industry has played a significant role in brand promotion, particularly for packaged food products. With the increase in urbanisation and the increase in the number of supermarkets and hypermarkets, food manufacturers have recognised the importance of differentiating their products through the visual appeal of their packaging. Furthermore, people are becoming more concerned about the box's components and contents. This creates an opportunity for food packaging technology and equipment manufacturers, as food manufacturers must differentiate their products by communicating the benefits of packaging technology to consumers on labels and packets, such as shelf life, time required to prepare the food, and nutritional content.
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Various automatic devices control a large portion of the food packaging equipment market in the food industry. These machines perform operations such as filling, bagging, sealing, wrapping, bundling, cartoning, over-capping, lidding, labelling, decorating, coding, conveying, and palletizing. Technology advancement has resulted in the creation of one-of-a-kind food packaging equipment to preserve the efficacy, flavour, and taste of food products. Increased awareness of nutritious and hygienic food products, as well as the expectation that they will be safe from the time they are packaged until they arrive, are expected to drive market growth. The market is expected to expand due to an increase in demand for appealing, inventive, and easy-to-carry packaging that distinguishes the product from the competition.
The key players profiled in the food packaging equipment market are Syntegon Technology GmbH (Germany), Coesia S.P.A (Italy), GEA Group Aktiengesellschaft (Germany), MULTIVAC Group (Germany), IMA Group (U.S.), Krones AG (Germany), Tetra Laval Group (Switzerland), OPTIMA Packaging Group GmbH (Germany), ARPAC LLC (U.S.), Ishida Co. Ltd (Japan), Omori Machinery Co. Ltd. (Japan), and TNA Solutions Pty Ltd. (Australia).
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Scope of the Report
Food Packaging Equipment Market, by Type
- Form-fill-seal Equipment
- Horizontal Form-fill-seal Equipment
- Pouch Packaging
- Other Packaging Form
- Vertical Form-fill-seal Equipment
- Pouch Packaging
- Other Packaging Form
- Horizontal Form-fill-seal Equipment
- Cartoning Equipment
- Filling & Dosing Equipment
- Wrapping & Bundling Equipment
- Case Packing Equipment
- Labeling & Coding Equipment
- Inspecting, Detecting, and Check Weighing Machines
- Other Equipment
Food Packaging Equipment Market, by Application
- Dairy
- Bakery
- Chocolate & Confectionery
- Fruits & Vegetables
- Meat, Poultry, and Seafood
- Snack Food
- Chips
- Extruder & Puffed Snacks
- Nuts & Seeds
- Others
- Others
Food Packaging Equipment Market, by Geography
- Asia-Pacific (APAC)
- China
- Japan
- Australia
- India
- Rest of Asia-Pacific
- Europe
- Germany
- U. K.
- France
- Italy
- Spain
- Netherlands
- Rest of Europe (RoE)
- North America
- U. S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
Key Topics Discussed
Who are the key market participants in the food packaging technology and equipment market?
What are the regional growth trends for the food packaging technology and equipment market, as well as the regions with the highest revenue?
Which are the major industries and regions that are expected to see significant growth in the food packaging technology and equipment market?
What are the primary types of food packaging technology and equipment expected to gain the most market revenue and share during the forecast period?
Which of the following types of applications for food packaging technology and equipment will account for the majority of revenue over the forecast period?
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