Hot Food Processing Equipment Global Market Report 2022 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Hot Food Processing Equipment Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global hot food processing equipment market is expected to grow from $20.25 billion in 2021 to $21.80 billion in 2022 at a compound annual growth rate (CAGR) of 7.6%. The hot food processing equipment market is expected to reach $29.40 billion in 2026 at a CAGR of 7.8%.

The hot food processing equipment market consists of sales of hot food processing equipment by entities (manufacturers, sole traders, and partnerships) that are used in the preservation of food by destroying microorganisms and reducing moisture in food. Hot food processing equipment refers to food processing equipment that can alter the physical, chemical, biochemical, and biological properties of the food, improving its overall quality, including ovens, blanchers, dryers, and heat exchangers.

The main types of hot food processing equipment are baking equipment, evaporation equipment, pasteurization equipment, dehydration equipment, roasting and grilling equipment, frying equipment, sterilization equipment, blanching equipment, and others. Baking equipment refers to tools, utensils, and appliances used in cooking grain products like bread and pastries. The different modes of operation include automatic, semi-automatic, and manual, and are used by end-users such as food processing industries, food service industries, and households.

Asia-Pacific was the largest region in the hot food processing equipment market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hot food processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Rising demand for fast food and packaged food is expected to propel the growth of the hot food processing equipment market going forward. Fast-food and packaged foods are types of foods that save time in food acquisition, preparation, and preparation and are ready-to-eat foods from grocery stores.

Hot food processing equipment is used to handle, cook, prepare, store, and package food and food products. For instance, according to the Press Information Bureau, a nodal agency of the Government of India, India exported more than $2.14 billion worth of final food products in 2020-21.

The export of products under the ready-to-eat (RTE), ready-to-cook (RTC) and ready-to-serve (RTS) categories rose by more than 23% to $1011 million from April to October (2021-22), compared to $800 million reported in April to October (2020-21). Therefore, the rise in demand for fast food and packaged food is driving the hot food processing equipment market.

Technological advancement has emerged as the new trend gaining popularity in the hot food processing equipment market. Major companies operating in the hot food processing equipment market are focused on developing new technological solutions such as automated processing, remote maintenance, and others to strengthen their position in the market.

For instance, in May 2021, GEA Group, a Germany-based food systems and component company, launched the GEA OptiSlicer 6000, which incorporates a number of technological advancements to slice meat and cheese products more quickly, resulting in increased output and easier maintenance while maintaining ultimate precision. The higher blade capacity and online remote access allow real-time advice and intervention to verify parameters and error messages to rectify faults or optimize machine parameter settings, reducing downtime and maximizing productivity.

In February 2022, Marel, an Iceland-based food processing solutions company, acquired Curio for an undisclosed amount. Through this acquisition, Marel's strategic goal is to be the one-stop shop for food processors looking for high-tech solutions, software, and services. Curio is a UK-based whitefish primary processing equipment company, specialising in cutting-edge heading, filleting, and skinning systems.

Major companies operating in the the hot food processing equipment market are

• GEA Group AG
• Buhler AG
• The Middle by Corporation
• JBT Corporation
• Heat and Control Industrial Processing & Packaging Equipment
• SPX Flow
• Tetra Laval International S.A
• Alfa Laval AB
• TNA Australia Pty Limited
• BMA Braunschweigische Maschinenbauanstalt AG
• Bongard
• Marlen International Inc.
• Paul Mueller Company
• NICHIMO CO. LTD.
• Bucher Industries AG
• Equipamientos Carnicos S.L.
• Clextral
• Bigtem Makine
• FENCO Food Machinery s.r.l.
• Krones Group
• Finis Food Processing Equipment B.V.
• Bettcher Industries Inc.

Key Topics Covered:

1. Executive Summary

2. Hot Food Processing Equipment Market Characteristics

3. Hot Food Processing Equipment Market Trends And Strategies

4. Impact Of COVID-19 On Hot Food Processing Equipment

5. Hot Food Processing Equipment Market Size And Growth

5.1. Global Hot Food Processing Equipment Historic Market, 2016-2021, $ Billion

5.1.1. Drivers Of The Market

5.1.2. Restraints On The Market

5.2. Global Hot Food Processing Equipment Forecast Market, 2021-2026F, 2031F, $ Billion

5.2.1. Drivers Of The Market

5.2.2. Restraints On the Market

6. Hot Food Processing Equipment Market Segmentation

6.1. Global Hot Food Processing Equipment Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Baking Equipment
• Evaporation Equipment
• Pasteurization Equipment
• Dehydration Equipment
• Roasting and Grilling Equipment
• Frying Equipment
• Sterilization Equipment
• Blanching Equipment
• Other Types

6.2. Global Hot Food Processing Equipment Market, Segmentation By Mode of Operation, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Automatic
• Semi-Automatic
• Manual

6.3. Global Hot Food Processing Equipment Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

• Food Processing Industries
• Food Service Industry
• Household

7. Hot Food Processing Equipment Market Regional And Country Analysis

7.1. Global Hot Food Processing Equipment Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

7.2. Global Hot Food Processing Equipment Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

For more information about this report visit https://www.researchandmarkets.com/r/rgwea1