Food & Beverage Market Research News

Food packaging technology market to reach USD 57.80 billion by 2023 according to new research report

Food & Beverage Market Research

It also helps to understand structure of overall food packaging technology & equipment market by identifying its various segments. Other objectives include analyzing opportunities in market for the stakeholders and providing competitive landscape of the market trends, & projecting size of the food packaging technology & equipment market and its submarkets, in terms of value.

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Download Brochure of Food Packaging Technology Market spread across 171 Pages, Profiling 12 Companies and Supported with 119 Tables and 40 Figures is now available at www.rnrmarketresearch.com/contacts…mple?rname=209349 .

The food packaging technology market was valued at USD 38.77 Billion in 2017 and is projected to grow at a CAGR of 6.92% from 2018, to reach USD 57.80 Billion by 2023. Furthermore, the global food packaging equipment market was valued at USD 18.56 Billion in 2017 and is projected to grow at a CAGR of 6.46% from 2018, to reach USD 26.96 Billion by 2023.

The base year considered for the study is 2017, while the forecast period spans from 2018 to 2023.

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Leading food packaging technology market players profiled in this report:

  • Robert Bosch (Germany)
  • GEA Group (Germany)
  • IMA Group (Italy)
  • COESIA Group (Italy)
  • Ishida (Japan)
  • ARPAC (US)
  • Multivac (Germany)
  • Omori Machinery Company (Japan)
  • Nichrome India (India)
  • Adelphi Group (UK)
  • Kaufman Engineered Systems (US)
  • Lindquist Machine Corporation (US)

The global food packaging technology and equipment market is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia Pacific, and the Rest of the World (RoW).

Study answers several questions for stakeholders; primarily, which market segments to focus on in next two to five years, for prioritizing efforts and investments.

More Information on Food Packaging Technology Market with Top Trends and Company Profile at www.rnrmarketresearch.com/contacts/

The report segments the food packaging technology and equipment market based on technology (type, material, application, and region) and equipment (type, application, and region). In terms of insights, this research report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise.

Premium Insights

1 Attractive Opportunities in the Food Processing Technology Market

2 Attractive Opportunities in the Food Processing Equipment Market

3 Food Packaging Technology Market Size, By Application, 2018-2023

4 Food Processing Technology Market Size, By Material, 2017

5 Food Packaging Technology & Equipment Market, By Type

The global food packaging technology and equipment market is segmented region-wise, with a detailed analysis of each region by studying the key markets. These regions include North America, Europe, Asia Pacific, and the Rest of the World (RoW).

“Food Packaging Technology and Equipment Market by Technology (Controlled, Active, Intelligent, Aseptic, and Biodegradable), Material (Metal, Glass & Wood, Paper & Paperboard, and Plastics), Equipment, Application, and Region - Global Forecast to 2023” report at www.rnrmarketresearch.com/contacts/?rname=209349 .

Asia Pacific region is projected to be the fastest-growing market for food packaging technology and equipment during the forecast period. The major countries with growth potential in this market include the China, India, Japan, Australia, New Zealand, and South Korea.

Rising household incomes and the growing middle-class population have led to an increase in demand for packaged food products, which is increasing the demand for packaging technologies and equipment in this region.

The major restraining factors for the growth of the food packaging technology and equipment market is the high cost of development of technologies and equipment manufacturing and stringent government regulations.

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