Food Packaging Equipments Market Worth USD 60.40 Billion By 2025

5th March 2019: Food packaging equipment is a type of machine that can be used in manufacturing facilities to pack food products. Packaging machine and style are likely to depend on shelf life and nature of food product. Highly perishable products such as meat are expected to be vacuum packed as it can extend their shelf life. Similarly, food products like biscuits are likely to require machine that can create store huge quantity of food items and pack them together in one bundle. 

Hence, food manufacturers can select machine according to their requirement.

New Filling Machine to Offer High Productivity

Major product variants of food packaging equipment are cartooning, case packaging, filling & dosing, wrapping & bundling, form-fill-seal, and others. Filling and dosing segment is anticipated to witness significant market share in coming years. These machines can be used in wide range of applications related to packaging of food products. Filling method is likely to be based on nature of the product including liquid and solid. Launch of advanced machines by manufacturing companies are anticipated to propel product demand. For instance, Jet Technologies recently launched new filling and dosing machine called llpra Fill Seal R12/4 Tronic. This machine is likely to offer high productivity owing to high speed rotary filler and sealer. Food manufacturers can use 12 different stations for different purposes. The machine can be customized in terms of filling volume, type of doser, and dosing location, and speeds to match manufacturer’s requirement. 

Market Insights

The global food packaging equipment market is anticipated to reach USD 60.40 billion by 2025, according to a report by Grand View Research, Inc. Growing need for packaged, convenient, and processed food products is expected to influence market growth. Increasing R&D investments by manufacturing companies to maintain quality of equipment is anticipated to propel growth of market in coming years. Rising awareness among consumers regarding nutritional value of food and hygiene can augment market growth. In addition, growing demand for confectionary, poultry, bakery, dairy, and seafood products can drive the market. Stringent government regulations associated with manufacturing processes and materials coupled with product standardization and secure work environment can stimulate market growth during the forecast period (2014 to 2025). 

Some of the leading companies operating in the market for food packaging equipment are Bosch Packaging Technology GmbH, GEA Group, MULTIVAC Group, Coesia S.p.A., and ARPAC LLC.