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Strategic Analysis of the Global Food and Beverage Processing Support Market

  • August 2013
  • 132 pages
  • Frost & Sullivan
Report ID: 1598641

Summary

Table of Contents

Asia-Pacific is the Key Engine for Market Growth

The processed-food sector is experiencing significant growth in the developing world and with increased demand for processed food. There will be subsequent growth in the demand for the required processing support solutions necessary to enable food processors the ability produce enough products to meet this demand. This research service examines the global food and beverage processing support market, which include the processing equipment, packaging materials, and processing software segments. Specifically, this research service reviews the key growth drivers and restraints of the market and examines market revenue trends, regional trends, and the competitive landscape. The base year is 2012 with forecasts running through 2019.

Key Findings

- The global market for food and beverage processing equipment was $xx billion in 2012 and is projected to grow at a compounded annual growth rate (CAGR) of xx% from 2012 to 2019.
- The beverage processing equipment contributedxx% of revenue. Food and Beverage Packaging
- In 2012, the food and beverage packaging segment was worth $xx billion, and it is expected to grow at a CAGR of xx% from 2012 to 2019.
- Approximately xx% of revenue was generated by paper and paperboard division in the base year. Food and Beverage Processing Software
- Frost and Sullivan has estimated that the food processing software segment generated a revenue of $xxbillion in the base year.
- It is anticipated that the segment will reach $xx billion by 2019.
- Programmable logic controller (PLC) is expected to dominate the process control software.

CEO’s Perspective

- The market is highly fragmented. Larger entities are acquiring small and regional market participants to increase market share and regional visibility. Hence, the market is expected to consolidate in the future.
- With the diverse range of products available, the customer’s procurement decision revolves around brand recognition, which forces smaller companies to focus on creating brand awareness.
- Environment-friendly and light-weight packaging materials help manufacturers differentiate their products from those of competitors.
- Ability to integrate software solutions into equipment is an important factor to consider in installation of individual pieces of equipment.
- Companies are expected to shift the production base to developing countries in Asia-Pacific because of enormous growth potential and cheap labor.

Market Definitions

- This research service examines the global food and beverage support market.
- The following key segments are covered in this study:
oFood and beverage processing equipment
oFood and beverage packaging materials
oFood and beverage processing software
- The term food and beverage processing equipment refers to equipment that is used in the manufacturing of food and beverages from the raw material stage to the packaging stage.
- The equipment may be used anywhere along the processing line or may be a part or the whole of a system used in the preparation of food and beverages.
- This study tracks food that is manufactured for human consumption and is not concerned with animal feed.
- Food and beverage packaging materials are used to package food and beverage products and to protect them from physical, chemical, and microbial contamination.
- Food and beverage processing software is defined as the software used for management and control of the processing operations in food and beverage manufacturing plants.

Key Questions This Study Will Answer

Is the market growing, and how long will it continue to grow, and at what rate?
What are the key factors driving and restricting growth in this market?
Which segments are poised to grow?
What are the key competitive factors governing this market?
Who are the major market participants, and what are their relative positions?
Which regions should companies focus on in the forecast period?

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ref:plp2013

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