Global Bulk Handling Equipment for Food and Beverage Industry 2017-2021

Overview of the global bulk handling equipment for food and beverage industry

According to Technavio’s market research report, the global bulk handling equipment for food and beverage industry will grow at a CAGR of close to 5% during the forecast period. The shift towards automation and modernization of processes is one of the key drivers that will stimulate growth in the market from 2017 to 2021. The automation and modernization of food process lines in manufacturing plants comprise of motion controls such as material conveying and positioning, drying, heating, and cooling. This food processing machinery maintains cleanliness, controls pressure and temperature, and ensures gentle handling. A large number of end-users highly rely on bulk handling equipment because they are integrated with packaging and labeling equipment.

One of the key trends responsible for the market’s growth during the predicted period is the advancement in conveyor belts. Manufacturers are coming up with product-specific conveyor systems based on the type of processed food products. They are introducing stainless steel metal conveyor belts for cooked, cooled, or frozen food items because these food items require belts with high resistance to temperature and corrosion.

Competitive landscape and key vendors

The global bulk handling equipment for the food and beverage industry is characterized by the presence of international and many regional vendors. Several regional vendors are gaining more market shares because they are offering bulk material handling equipment at competitive prices. These vendors compete against each other based on factors such as quality, features, functionalities, and services.

Key vendors in this market are -

• Bühler
• Daifuku
• Interroll
• Meyer Industries
• The Schaefer

Other prominent vendors in the market include Belt Technologies, Flexicon, Hapman, Intelligrated, JBT, MAINWAY HANDLING, Nol-Tec, Spiroflow Systems, Swisslog, Turatti, and WESTFALIA TECHNOLOGIES.

Segmentation by end-user and analysis of the bulk handling equipment for food and beverage industry

• Food sector
• Beverage sector

The food sector contributed maximum shares during 2016 due to the increase in food consumption and the rising demand for processed food items. The rising disposable income and rapid urbanization in APAC will drive the demand for processed food items. This in turn, will boost the adoption of bulk handling equipment in the food sector during the estimated period.

Segmentation by geography and analysis of the bulk handling equipment for food and beverage industry

• Americas
• APAC
• EMEA

According to the World Bank, India is one of the fastest growing economies in APAC. This enables the government of India to take initiatives to achieve 25% of output from the food processing sector by 2025. Such initiatives will drive the demand for bulk handling equipment in the food and beverage sector until the end of 2021. 

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global bulk handling equipment for food and beverage industry?
• What are the key market trends impacting the growth of the global bulk handling equipment for food and beverage industry?
• What are the challenges to market growth?
• Who are the key vendors in the global bulk handling equipment for food and beverage industry?
• What are the market opportunities and threats faced by the vendors in the global bulk handling equipment for food and beverage industry?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global bulk handling equipment for food and beverage industry?

Technavio also offers customization on reports based on specific client requirement.

Bulk handling equipment is essential in the smooth operation of conveying, loading, unloading, weighing, feeding, manufacturing and transporting of food and beverage. Since food and beverages are produced in large quantities, it is essential to have bulk handling equipment. A bulk handling equipment can operate in isolation or can be interconnected with others to form a part of the manufacturing process. To help the client in the unit operations sector have a competitive advantage over their peers, Technavio provides a comprehensive industry research report on the various aspects of heavy industry sectors, such as test and measurement and tools and components sector. The upcoming research report on global bulk handling equipment for food and beverage covers key aspects of business intelligence such as market size, competitive landscaping, technological advancements, and industry insight.

To get a broad overview of the market research experts at Technavio use both qualitative and quantitative research techniques to analyze information on factors like key vendors, industry leaders, and the demand for the product across the geographical regions. Also, by analyzing data on current trends and practices, our upcoming report on bulk handling equipment for the food and beverage industry for the forecast period of 2017 to 2021 will help the client in understanding the changing customer preferences to keep up with the dynamic market.

The upcoming report on global bulk handling equipment for food and beverage industry also considers the growth of related markets such as global magnetic separation equipment market and global refrigerant compressors market, which are expected to grow at a CAGR of 3% and 5%, respectively, for the forecast period of 2017 to 2021. There is an increasing pressure for the need of automation in the manufacturing sector as it increases efficiency and reduces cost in the longer term. As a result, industries in this sector are expected to demand equipment that provides the highest scope of automation, requiring little human intervention. To help regional vendors get a foothold in a market dominated by few established global players, Technavio offers research report customization based on specifications provided by the clients.

The upcoming market report on bulk handling equipment also identifies key drivers, emerging trends, customer demand patterns, and opportunities and challenges faced by the industry. The report also gathers related information from related sectors such as construction and engineering tools market.