Latin America Food Processing Machinery Market By Type (Thermal, Cutting & Peeling, Extraction, Mixer, Blender & Homogenizer), By Mode Of Operation (Semi-Automatic, Fully Automatic), By Application (Bakery & Confectionery, Meat, Poultry & Seafood, Dairy, Beverages, And Others) And By Region (Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021))
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The Latin America Food Processing Machinery Market was worth USD 6 billion in 2016 and estimated to be growing at a CAGR of 6.4%, to reach USD 8.5 billion by 2021. Food processing equipment can perform various operations like slicing vegetables, pureeing, mixing and kneading dough, shredding or grating cheese or vegetables, grinding items such as nuts, seeds and others.
They can also perform functions like pasteurization, fermentation, refrigeration and freezing, canning, irradiation and dehydration.
Browse Market data tables and in-depth TOC of the Latin America Food Processing Machinery Market to 2021 at www.marketdataforecast.com/market-…nery-market-3094/
Food Processing Machinery is a complex and multi-dimensional market including all the apparatus and gear utilized as a part of business sustenance creation and bundling.
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The size of the market can be envisioned by considering the regularly expanding sustenance items. The market is delicate to a few factors, for example, the kind of food delivered and the handling technique utilized.
Processed food offers advantages like enhanced taste, improved shelf life, low risk of contamination and easy portability.
Latin America Food Processing Machinery is driven by factors like ever rising demand for food as a result of booming population, rising demand for processed foods, increasing disposable incomes, changing preference of consumers towards packaged foods as a result of increased awareness about their benefits among others. However, this market faces challenges like consumers concerned about loss of nutrients as food is processed, addition of genetically engineered ingredients.
These factors may act as growth hurdles for the Food Processing Machinery in certain regions.
The Latin America market for Food Processing Machinery is broadly categorized by type into thermal, cutting & peeling, extraction, mixer, blender & homogenizer and others. By mode of operations this industry is divided into semi-automatic and automatic segments.
By application this industry is segmented into bakery & confectionery, meat, poultry & seafood, dairy, beverages and others. In this particular segment meat, poultry & seafood segments have the highest share accounting to around 30%.
Latin America Food Processing Machinery Market Geographical Analysis
- Rest of Latin America
The Latin America Food Processing Machinery market is geographically segmented into countries such as Brazil, Mexico, Argentina, and remaining countries of South America. Latin America is still in its nascent stages in this market.
It is expected to have good potential for growth.
Latin America Food Processing Machinery Market Leaders' Analysis
- SPX Corporation, and Tetra Laval International S.A.
- Anko Food Machine Co. Ltd.
- Berkshire Hathaway Inc.
- Bucher Industries
- Hosokawa Micron Corp.
- GEA Group
- Mallet & Company
- NICHIMO CO.
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