1. Market Research
  2. > Food
  3. > Food Manufacturing Market Trends
  4. > Food Processing

Breakthroughs that will Shape the Future of the Food Processing Acitivity

  • Currently 2/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
8 votes

Global Food Processing Industry Analysis

The global market for machinery and equipment used in the global food manufacturing process is expected to be worth more than $45 billion by 2015, according to Global Industry Analysts. Food processing involves the production of finished food products from raw ingredients, with pocessing lengthening the shelf life of products and adhering to hygiene and health standards. Legislative measures to enforce standards of health and hygiene are fuelling the market, along with better-informed consumers, and new food processing practices and products.

Companies involved in drink processing, and food packaging and sterilization are adapting to evolving regulations. Location is also important as proximity to raw materials and the final site cuts down on transport and distribution costs.

The food processing industry is characterized by intense competition, with the most reliable firms performing well by focusing on efficiency in terms of fast processing and distribution.  The global economic recession had less effect on the food processing industry than other industries due to rising demand for pre-packaged food. The industry is becoming increasingly automated, and is therefore seeing labor costs decline. The advantages of food processing include greater food consistency, longer shelf life, removal of toxins, reduction of food borne diseases and cheaper food.

Key Segment

The global fresh meat market is expected to produce 300 million tons by 2015, according to Global Industry Analysts. A rising global population and extensive urbanization are driving forces for the market. Asia-Pacific demand is growing in tandem with disposable incomes and meat consumption. Leading companies operating in this market segment include Cargill Meat Solutions, Dawn Farm Foods, Amadori Group and Kraft Foods. 

Regional Market Share

Asia-Pacific leads the food processing industry in terms of market share. Market growth in countries in Eastern Europe and Asia-Pacific continues as developing countries enjoy a more favorable economic climate, with larger disposable incomes and improved living standards. Demand for food that is light on preparation time continues to grow in developed countries. Germany, The US, France and Austria are among the major exporters of food processing machinery while the US, the UK, Germany and France lead in importing. 

China’s processed food industry is expected to continue showing close to 35% yearly growth from 2010 through 2013, mainly due to higher standards of living and improved economic conditions, reports RNCOS. China’s processed food market was left relatively unscathed by the economic downturn. Growth will continue to be lead by meat processing, with has a forecast yearly growth of more than 15% for the next few years. Other leading food market segments in China are dairy products and ready meals. Growth will likely continue as China’s 25% rate of processed food production catches up with the average 80% rate in developed nations such as the US.

Market Outlook

The main driving force behind the global food industry is technological innovation, which concentrates on satisfying consumer demand for more tastes and easy-to-prepare foods. Companies are focusing on innovation to boost profits, with 60% of large companies and over 40% of medium sized enterprises investing in process and product innovation. Over 99% of the EU food and beverage industry is comprised of small-and-medium-sized enterprises. Danish, French and Greek food processing companies dedicate a sizeable part of their profit to research and development, while other countries such as Austria, Hungary and the Czech Republic lag further behind.

Read more »

Share

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 718 473 0872

1-10 of about 2500 reports

Global Food Processing Industry

  • March 2016
    35 pages
  • Food Processing  

  • Kenya  

    Africa  

    World  

View report >

Food Processing Industry in the US - Forecast

  • April 2016
    8 pages
  • Food Processing  

  • United States  

View report >

Food Processing Industry in Europe

  • December 2016
    30 pages
  • Food Processing  

  • Europe  

    United States  

View report >

Food Processing Statistics in India and Asia

  • October 2015
    154 pages
  • Food Processing  

    Manufacturing  

  • India  

    Asia  

    World  

View report >

Food Processing Markets in Vietnam and France

  • January 2016
    7 pages
  • Food Processing  

    Food Safety  

    Food Distributi...  

  • Vietnam  

    France  

View report >

Food Processing Industry in India and Germany

  • January 2016
    68 pages
  • Food Processing  

    Food  

  • India  

    Germany  

    Europe  

View report >

Food Processing Markets in the UK

  • May 2016
    7 pages
  • Food Processing  

    Food Safety  

  • United Kingdom  

    Europe  

View report >

Food Processing Industry in Canada

  • March 2016
    16 pages
  • Food Processing  

  • Canada  

    Netherlands  

    North America  

View report >

Food Processing Industry in India

  • March 2017
    21 pages
  • Food Processing  

    Food  

  • India  

View report >

Food Processing Industry in China

  • July 2015
    21 pages
  • Food Processing  

    Food Additive  

  • China  

View report >

Search in Food Processing Industry (About 2500 reports)
Parent industry: Food Manufacturing
Related industries: Food Ingredient

83 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 195 - $ 5549)

Food Authenticity Market by Target Testing (Meat Speciation, Country of Origin & Ageing, Adulteration & False Labeling), Technology (PCR-Based, LC-MS/MS, Isotope), Food Tested (Meat, Dairy, Processed Foods), and Region - Global Forecast to 2022

Food Authenticity Market by Target Testing (Meat Speciation, Country of Origin & Ageing, Adulteration & False Labeling), Technology (PCR-Based, LC-MS/MS, Isotope), Food Tested (Meat, Dairy, Processed Foods), and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“Food authenticity market projected to grow at a CAGR of 7.6%” The food authenticity market is projected to reach USD 7.50 billion by 2022, at a CAGR of 7.6% from 2016 to 2022. Stringent regulations ...

Top 10 Food Safety Testing And Technologies Trends - Gl ...

February 2017 $ 5650

Global Food Safety Testing Market- Growth, Trends And F ...

January 2017 $ 4250

Food Processing Markets In China

February 2017 $ 4000

Asia-pacific Food Safety Testing Market Segmented By Ty ...

February 2017 $ 3850

Europe Food Safety Testing Market Segmented By Type Of ...

February 2017 $ 3850

North American Food Safety Testing Market Segmented By ...

January 2017 $ 3850

Food Storage Container Market In The Us 2017-2021

February 2017 $ 3500

Global Hospital Foodservice Equipment Market 2017-2021

January 2017 $ 3500

Global Food Storage Containers Market 2017-2021

January 2017 $ 3500

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.