The global prepared food equipment market is anticipated to grow at a significant CAGR of 6.1 % during the forecast period. During the COVID-19 pandemic, the processing segment has been disrupted by labor shortages and shutdowns. According to OECD, in confined spaces such as packing plants for fruits and vegetables or meat processing facilities, necessary social distancing measures reduced the efficiency of operations due to the need of ensuring adequate protection for employees. Many firms have also reported high rates of worker absences which had hampered the growth of the market over the forecast.
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COVID-19 has imposed shocks on all segments of food supply chains, simultaneously affecting farm production, food processing, transport and logistics, and final demand. COVID-19 has led to a drastic shift in consumer demand away from restaurants, food services, and other types of “food away from home” toward food consumed at home. However, The increase in convenience and bakery foods took place during the COVID-19 pandemic, and the prepared food equipment sales got a hit as there were no additional sales due to the closure of many food businesses worldwide.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Prepared food equipment Market By Type
- Pre-Processing
- Processing
- Packaging
Global Prepared food equipment Market By Mode of Operation
- Fully Automatic
- Semi-Automatic
- Manual
Global Prepared food equipment Market By Application
- Bakery & Confectionery Products
- Dairy & Refrigerated Products
- Snacks & Savory Products
- Meat & Seafood Products
- Ready-To-Eat Products
- Sauces, Dressings, and Condiments
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Ali Group S.r.l
- Bigtem Makine A.S.
- Dover Corp.
- Heat and Control, Inc.
- Hup Sheng Machinary & Industry Sdn Bhd
- Hosokawa Alpine Group
- IMA Group
- Krones AG
- Lyco Manufacturing, Inc.
- Multivac Group
- Robert Bosch Gmbh
- Tetra Laval Group
- The Middleby Corp.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global prepared food equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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