Global Food Packaging Technology and Equipment Market is anticipated to grow at a formidable rate and register an impressive CAGR over the forecast period 2023-2027. The flourishing food and beverage industry, along with the growing demand for ready-to-eat and packaged food. In the food packaging industry, filling, bundling, sealing, bagging, cartooning, over-capping, labelling, coding, are some of the operations performed by these machines. The market is further catalysed by the implementation of stringent government rules to develop and maintain a safe and hygienic environment in the food packaging process. The government of several nations are imposing various laws related to food equipment hygiene due the rising cases of food-borne diseases. This in turn is pushing the food manufacturing companies to adopt food equipment and technology, which is providing a positive outlook to the market. Apart from this, the advent of automated technologies such as Internet of Things (IoT) and Big Data is strengthening the growth of global market. IoT helps in achieving the highest level of food hygiene and safety by enabling food manufacturing companies to track food from the facility store. Such developments are anticipated to propel the global food packaging technology and equipment market.
The global food packaging technology and equipment market is segmented on the bases of food packaging technology, food packaging equipment type, application, material, competitive landscape, and regional distribution. Based on the food packing technology type the market is bifurcated into controlled packaging, aseptic packaging, active packaging, biodegradable packaging, and others. By food packaging equipment type the market is fragmented among form-fill-seal, case packing, filling & dosing, labelling & coding, wrapping & bundling and others. Among these, filling and dosing segment is anticipated to hold a significant market share in the coming years. This is primarily due the surging need to pack food products into desirable packaging for maintain the quality of the food and making it accessible as well. Based on the application the market is differentiated between convenience foods, dairy & dairy products, poultry, seafood & meat products, fruits & vegetables, and others. By material the global market is divided among metal, plastics, glass & wood, paper & paperboard, and others. The market analysis also studies the regional segmentation, divided among North America, Europe & CIS, Asia Pacific, Middle east and Africa, South America.
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Some of the leading players in the Global Food Packaging Technology and Equipment Market are Arpac, Robert Bosch, GEA Group, Coesia Group, Multivac, Ishida, Adelphi Packaging, Kaufman Engineered Systems, Lindquist Machine Corporation, Omori Machinery etc.
