Global market for equipment used in food processing and packaging to reach $31.3 billion by 2018

March 24, 2014

Today’s manufacturers of food processing and packaging equipment face a rapidly changing and highly demanding global market. Manufacturers must offer a broader selection of products, at lower costs, and supplement their selections with a higher level of value-added engineering, design, and other services. R&D spending, as well as increasing competition, patent expiries, and new technologies will drive growth in this market for the foreseeable future.

BCC Research provides an in-depth analysis of the global food processing and packaging equipment market through its report Global Markets for Food Processing and Food Packaging Equipment. According to the report, this market was valued at $21.7 billion for 2012 and $23 billion for 2013. BCC Research expects the market to grow to nearly $31.3 billion by 2018 and register a five-year compound annual growth rate of 6.3% from 2013 to 2018.

Use this report to:

  • Gain an overview of the global market for food processing and packaging equipment.
  • Analyze global market trends, with data from 2011, 2012, and 2013, and projections of CAGRs through 2018.
  • Assess breakdowns of the market by region, application, packaging and processing technology, and by food type.
  • Review profiles of major players in the industry.
SAMPLE FIGURE
GLOBAL MARKET FOR FOOD PROCESSING AND PACKAGING EQUIPMENT, 2011-2018
($ MILLIONS)

FOD066A-0-LI

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Global Market for Preservation, Packaging and Shelf Life Extenders is Expected to Reach Nearly $521 bn in 2017

April 1, 2013

The flourishing food and beverage industry depends on appropriate preservation and packaging techniques. Food safety is the key aspect that drives this market, and it drives ongoing developments in novel and innovative preservation techniques to be incorporated in everyday food. In addition, the shift in consumer food preferences, multicultural food habits, globalization factors, the multinational work culture, increased spending capacity, trade regulations and processes and other factors have forced food processors and manufactures to intensify development of advanced scientific processes in food preservation, packaging and shelf extending techniques, as well as presentation elements.

Fresh food such as fruits and vegetables are the most important sources of human nutrition, and it is all the more necessary to consume fresh produce to maintain good health in light of today’s stressful and demanding lifestyles. This increasing demand for fresh natural food has led to the development of inventive and natural preservatives by the manufactures. From preservation to advanced packaging, refrigeration or freezing, manufacturers and processors are utilizing all resources to ensure that foods and beverages attain and retain their highest level of taste, freshness, safety and health to satisfy consumer demand.

During 2010 through 2012, various companies came forward with innovative packaging products. In the packaging arena, there were consistent improvements through the examined period. Advancement was seen in both the conventional packaging like canning and bottling—turning to smart and advanced packaging that the modified and controlled atmosphere to intelligent packaging with quality sensors or interactive packaging techniques. There was a boost in frozen foods due to the increased consumption of functional and on-the-go food. Complementary to that are the thermally processed foods that require heating of preprocessed foods. Preservation techniques such as encapsulation, irradiation and others came about. More applications were found due to increased consumer awareness of informed packaging. Collaborative efforts and development of research organizations are adding to further enhancement in preservation techniques.

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This report provides:

  • An overview of preservatives and shelf-life extension in foods and beverages
  • Analyses of U.S. as well as international market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017
  • Examination of the industry structure and competitiveness

To provide further information about this report we offer a Complimentary Introduction, available from our Website. To download, simply click here, go to the Table of Contents tab, add the complimentary introduction to your cart, and confirm your order.

 


Down-sizing trend driving US rigid food packaging

July 22, 2008

The trend towards smaller, more portable beverage and prepared food containers will play a large part in the increased use of plastics in rigid food packaging in the US market, according to a new report from BCC Research

¹Jane Byrne, Food Production Daily

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PET leads food package growth in North America

July 15, 2008

The North American market for plastic rigid food packaging will exceed 13.7 billion pounds (6.2 million tonnes) in 2008, according to a report by BCC Research. The market is forecast to increase to over 17.2 billion pounds in 2013, at a compound annual growth rate of 4.7%.¹

¹PRW.com

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