Food Processing Market Forecast, 2022-2027

Food Processing Market size is estimated to reach $186.4 billion by 2027, growing at a CAGR of 6.2% during the forecast period 2022-2027. Food processing is the activity of carrying out a range of mechanical or chemical operations on food to alter or conserve it. In food processing, fermentation is the transformation of carbohydrates to alcohol or organic acids utilizing microorganisms like yeasts or bacteria under anaerobic (oxygen-free) conditions. Fermentation mostly indicates that the activity of microorganisms is appropriate. The science of fermentation is termed zymology or zymurgy. Freezing, in food processing, is a technique of conserving food by reducing the temperature to restrict microorganism development. Pasteurisation is a regulated heating procedure utilized to remove any hazardous pathogens that may be existing in milk, fruit-based drinks, certain meat products, and additional foods which are typically exposed to this treatment. Pasteurisation subdues most reasonable vegetative forms of micro-organisms however not heat-resistant spores. Antioxidants are substances that avert an autoxidation procedure of additional compounds or counterbalance free radicals and are extensively utilized in food processing industries to restrict oxidation and improve flavor, aroma, and color (Kebede and Admassu, 2019). The shelf life of food is heightened by conservation procedures. Preservation procedures commence in the field by way of what is termed preventive measures (good agricultural practices and good hygiene practices) applicable to raw materials and the good manufacturing practices enforced in the industry. Shelf-life is usually recorded on a food label by either a best-before date or a use-by-date.

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The surging innovations in the food industry are set to drive the Food Processing Global Market. The soaring growth in food manufacturing capabilities and development of the food processing industry with food preservation techniques like freezing is set to propel the growth of the Food Processing Global Market during the forecast period 2022-2027. This represents the Food Processing Global Industry Outlook.

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Report Coverage

The report: “Food Processing Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Food Processing Global Market.

By Type: Depositors, Extruding Machines, Mixers, Refrigeration, Others.


By Mode Of Operation: Fully Automatic, Semi-Automatic.


By Application: Bakery And Confectionery Products, Poultry And Meat Products, Fish And Seafood Products, Dairy Products, Alcoholic Beverages, Others.


By Geography: North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).

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Key Takeaways

  • Geographically, Asia-Pacific Food Processing Global Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the soaring count of working professionals and students and heightening demand for ready-to-eat foods with longer shelf life in the Asia-Pacific region.

  • Food Processing Global Market growth is being driven by the surging demand for processed food, the soaring acceptance of automated technologies, and food processing techniques like freezing and heightening research and development in food processing equipment. However, the rise in the cost of production owing to energy and labor cost is one of the major factors hampering the growth of the Food Processing Global Market. 

  • Food Processing Global Market Detailed Analysis of the Strength, Weaknesses, and Opportunities of the prominent players operating in the market will be provided in the Food Processing Global Market report. 

  • Food Processing Industry Outlook: 

    Product launches, product expansions, mergers and acquisitions, partnerships, collaborations, and agreements are key strategies adopted by players in the Food Processing Global Market. Key companies of this market are:

    1. Bühler Group
    2. Krones AG
    3. AFE Group Ltd
    4. Atlas Pacific Engineering Company Inc.
    5. B.K Engineers
    6. Archer Daniels Midland
    7. Cargill Foods
    8. Mondelez International, Inc.
    9. Meyer Industries Limited
    10. Robert Bosch
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    Recent Developments

    • In December 2021, Cargill is backing consumers by dedicating themselves to eliminating iTFAs from its complete worldwide edible oils portfolio. This assists in both Cargill and its consumers abiding with the World Health Organization’s (WHO) endorsed standard of a highest of two grams of industrially-produced trans-fatty acids (iTFA) per 100 grams of fats/oils by the end of 2023. The WHO’s REPLACE initiative offers a guide for governments and industry to put into action a best practice on iTFA in the global food supply chain to attend to associated health concerns.
    • In November 2021, Cargill has finished a US$13 million extension of its cocoa processing facility in Tema, extending the firm's cocoa-grinding capacity to equal expanding customer demands for cocoa powder. In acknowledgment of the accomplishment, the President of the Republic of Ghana, His Excellency Nana Addo Dankwa Akufo-Addo attended the ceremony as the Special Guest of Honour and was received by an executive team led by Harold Poelma, President of Cargill Cocoa & Chocolate. The multi-million-dollar financing took sixteen months to finish and expanded the plant’s grind capability by 20%, boosting its annual production capacity to 90,000 tonnes.
    • In October 2020, Krones Inc. declared the introduction of the Krones Process Group North America to offer a more cohesive offering to the beverage, dairy, and food industries in North America, Central America, and the Caribbean. A developmental next step since the gain of Tampa, FL based Trans-Market, LLC in 2016; Rochester, NY -based Javlyn Process Systems, LLC in 2017; and Waukesha, WI-based W.M. Sprinkman Corp in 2018, this holistic offering integrates over 165 years of industry experience in design and implementation of turnkey process systems inclusive of engineering, automation, installation, distribution, and Lifecycle Service. All of this knowledge is supported by a worldwide industry leader in processing, packaging, and intralogistics technology that is KRONES.


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