Global Prepared Food Equipment Market is accounted for $9.59 billion in 2019 and is expected to reach $18.41 billion by 2027 growing at a CAGR of 8.5% during the forecast period. Increase in demand for packaged food, technological advancements in automation, and rising focus of food manufacturers on production efficiency are the major factors propelling the market growth.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the growing retail industry and increased working professionals. The shift to automated equipment and the application of automation in ready-to-eat food and on-the-go food products, with an increasing population, drives the demand for prepared food equipment. The growing innovations in prepared food equipment are also expected to drive the Asia Pacific region’s market.
Some of the key players profiled in the Prepared Food Equipment Market include Alfa Laval, Ali Group, Bühler, Dover Corporation, GEA Group, IMA Group, JBT Corporation, Krones, Marel, Middleby Corporation, Multivac, Robert Bosch, SPX FLOW, and Tetra Laval.
Types Covered in Prepared Food Equipment Market
• Pre-Processing
• Processing
• Packaging
Mode of Operations Covered:
• Automatic
• Manual
• Semi-automatic
Applications Covered:
• Bakery & Confectionery Products
• Dairy & Refrigerated Products
• Meat & Seafood Products
• Prepared Meals
• Ready-To-Eat Products
• Sauces, Dressings and Condiments
• Snacks & Savory Products
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