New Delhi, Aug. 29, 2022 (GLOBE NEWSWIRE) — The global fruit and vegetable processing equipment market is growing on the basis of increasing disposable income, growing population, changing eating habits as people’s purchasing power shifts towards greater value and increased demand for food processing, storage, packaging and preparation equipment…
A recent study conducted by the strategic consultancy and market research firm, BlueWeave Consultingrevealed that the Global Fruit and vegetable processing equipment Market was worth USD 3.14 billion in 2021. The market is expected to grow at a CAGR of 8.9%, generating revenue of approximately USD 5.24 billion by the end of 2028. Globalization, which has expanded trade and led some food and beverage industries to launch ambitious R&D operations, is largely responsible for the rapid market expansion. Advanced food ingredient and food processing technologies include membrane technology, supercritical fluid technology, and molecular processes such as polymerase chain reaction (PCR) and high pressure processing (HPP). Other advanced processing techniques involve non-thermal preservation techniques to maintain the texture and freshness of food products. These techniques include pulsed electric fields, ultrasound, pulsed light, and hedge systems. The creation of new machines as well as the improvement of existing ones is a major area of attention for players in the fruit and vegetable processing industry. To increase awareness and improve fruit applications, there is also more emphasis on facility expansion, marketing strategies and information sharing programs. However, the fruit and vegetable processing equipment market could soon experience more difficulties due to the increase in the cost of energy and electricity.
The demand for ready-to-eat foods is increasing
Over the past two decades, convenience foods have gradually replaced traditionally prepared breakfasts and snacks in developing countries like China, India, and Brazil in terms of consumer preferences. According to a December 2020 “Food Processing” article, sales of pantry items and other household essentials have increased during COVID-19. Frozen food sales rose 40% in March, while canned soup sales were up 200% year-over-year. Fruit juices and other comfort foods have seen a particularly strong increase in demand. This has helped the fruit and vegetable processing market grow. All these factors are driving the growth of the global fruit and vegetable processing equipment market over the forecast period (2022-2028).
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Use of energy efficient equipment for food processing
Leading food companies are turning to versatile, energy-efficient food processing equipment, which could reduce costs and lead to long-term product development. For example, Tetra Pak has created sophisticated equipment options that allow beverage manufacturers to carbonize at low cost. In addition, a significant portion of the world’s industrial energy consumption is used for food production. For the food processing equipment industry to grow, it is essential to develop energy-saving equipment, increase equipment safety and reduce maintenance costs. In the beverage processing sector, versatility in terms of aesthetic design and the ability to transition between products with little downtime are increasingly important.
Challenge: Infections and deterioration of body systems
The fresh food value chain is a fundamental part of agricultural production. It influences a variety of other things, such as profit margins for farmers, export conditions, and the effects on a country’s economy. Normal physiological changes caused by circumstances that accelerate natural deterioration, such as high temperatures, low air humidity and physical damage, can increase the risk of loss. When fresh foods are exposed to temperature extremes, air changes, or contamination, aberrant physiological degradation is frequently observed. The product may become unusable due to off-flavors, failure to ripen or other changes in the biological processes of the food.
Please see the press release: https://www.blueweaveconsulting.com/press-release/global-fruit-and-vegetable-processing-equipment-market-to-surpass-usd-5-24-billion-by-2028
Global fruit and vegetable processing equipment Market – By type of operation
Based on type of operation, the global fruit and vegetable processing equipment market is segmented into automatic and semi-automatic. The semi-automatic sector holds the largest market share among these. A semi-automatic technique involves the collaboration of man and machine, with human and artificial processes supervised by a centralized computer controller. Workers hand pick fresh vegetables and fruits and transfer them to machines for further processing while operating these machines. Semi-automatic fruit and vegetable processing equipment is more energy efficient. During the projected period, all these factors contribute to the growth of the global fruit and vegetable processing equipment market (2022-2028).
Impact of COVID-19 on Global fruit and vegetable processing equipment Market
The Covid-19 outbreak has had a substantial impact on food security, food safety and food preservation. Consumer opinions towards food have changed dramatically due to a greater emphasis on safety and quality. Manufacturers are now forced to analyze the safety standards of their products to maintain the market value of their products. Following the Covid-19 pandemic, a significant part of the world’s population has changed its eating habits. Many people are eating fewer fresh fruits and vegetables due to the reduced availability of traditional supermarket formats and locations. More processed products, such as convenience foods and processed foods, have evolved to replace these products.
The major market players in the global fruit and vegetable processing equipment market are Robert Bosch GmbH, Buhler Group, FTNON, GEA Group AG, JBT Corporation, Krones AG, Maxwell Chase Technologies, Meyer Industries, Scholle Packaging, Turatti SRL and other leading players. . The global fruit and vegetable processing equipment market is highly fragmented with the presence of several manufacturing companies in the country. Market leaders maintain their supremacy by investing in research and development, incorporating advanced technologies into their products and offering improved items to customers. Various tactics including strategic alliances, agreements, mergers and partnerships are used.
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The in-depth analysis of the report provides insights into the growth potential, upcoming trends, and statistics of the global Fruit and Vegetable Processing Equipment Market. It also highlights the factors driving the forecast of the total market size. The report promises to provide the global Fruit and Vegetable Processing Equipment market recent technology trends and industry insights to help decision makers take sound strategic decisions. In addition, the report also analyzes market growth drivers, challenges, and competitive dynamics.
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