South East Asia Food Processing Equipment Market to be Worth $5.57 Billion by 2031


Posted April 2, 2024 by Harshal

South East Asia Food Processing Equipment Market by Type (Meat Processing Equipment, Beverage Processing Equipment, Dairy Processing Equipment, Fruit and Vegetable Processing Equipment), Mode of Operation, and Geography - Forecast to 2031

 
Meticulous Research®—a leading global market research company, published a research report titled, ‘South East Asia Food Processing Equipment Market by Type (Meat Processing Equipment, Beverage Processing Equipment, Dairy Processing Equipment, Fruit and Vegetable Processing Equipment), Mode of Operation (Semi-Automatic, Automatic), and Geography—Forecast to 2031.’

According to this latest publication from Meticulous Research®, the South East Asia food processing market is expected to record a CAGR of 5.6% from 2024 to 2031 to reach $5.57 billion by 2031. The growth of the South East Asia food processing equipment market is driven by the growing need to increase productivity, increasing demand for processed foods, food manufacturers’ increasing focus on reducing production costs, growing focus on food and worker safety, and government support to promote the food processing industry. However, the high cost of equipment and the consumers’ increasing inclination towards minimally processed food products restrain the growth of this market.

In addition, the rapidly growing plant-based and insect-based foods market is expected to generate growth opportunities for the players operating in this market. However, the lack of trained labor is a major challenge for market growth.

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The South East Asia food processing equipment market is segmented based on type (meat, poultry, and seafood processing equipment; bakery processing equipment; beverage processing equipment; dairy processing equipment; chocolate and confectionery processing equipment; fruit and vegetable processing equipment; snacks processing equipment; and other food processing equipment), mode of operation (semi-automatic and automatic), and geography. The study also evaluates industry competitors and analyses the market at the regional and country levels.

Based on type, the South East Asia food processing equipment market is segmented into meat, poultry, and seafood processing equipment; bakery processing equipment; beverage processing equipment; dairy processing equipment; chocolate and confectionery processing equipment; fruit and vegetable processing equipment; snacks processing equipment; and other food processing equipment. In 2024, the meat, poultry, and seafood processing equipment segment is expected to account for the largest share of the South East Asia food processing equipment market. The large market share of this segment is attributed to the rapidly growing meat, poultry, and seafood processing industries, high demand for processed meat products, growing focus on food safety requirements of meat processors, and consumer preference for protein-rich food products. The consumption of processed meat products, such as bacon, ham, hotdogs, sausages, salami, corned beef, beef jerky, canned meat, and meat-based sauces, has increased rapidly in South East Asia.

Based on mode of operation, the South East Asia food processing equipment market is segmented into semi-automatic and automatic. In 2024, the semi-automatic segment is expected to account for the largest share of the South East Asia food processing equipment market. The segment’s large market share is attributed to the benefits offered by semi-automatic food processing equipment, such as improved labor productivity, flexibility in production processes, and technical & economic feasibility. However, the automatic segment is projected to register the highest CAGR in the South East Asia food processing equipment market during the forecast period of 2024–2031.

Quick Buy – South East Asia Food Processing Equipment Market - Opportunity Analysis and Industry Forecast (2024-2031), Research Report: https://www.meticulousresearch.com/Checkout/28177117

Based on geography, in 2024, Indonesia is expected to account for the largest share of the South East Asia food processing equipment market. Indonesia’s significant market share can be attributed to its growing food processing industry, driven by increasing urbanization, growing health awareness, and rising disposable income levels. Additionally, the rising number of small and medium-scale enterprises, coupled with supportive government initiatives aimed at promoting investments in the food processing industry, further supports the market’s growth in Indonesia.

Key Players
The key players operating in the South East Asia food processing equipment market are Buhler AG (Switzerland), Marel HF (Iceland), GEA Group Aktiengesellschaft (Germany), Paul Mueller Company (U.S.), Heat and Control Inc. (U.S.), Alfa Laval AB (Sweden), The Middleby Corporation (U.S.), Tetra Pak International S.A. (Switzerland), Krones AG (Germany), Hosokawa Micron Group (Japan), Bucher Industries AG (Switzerland), John Bean Technologies Corporation (U.S.), Emura Food Machine Co., Ltd. (Japan), Yanagiya Machinery Co., Ltd (Japan), and Euroasia Food Equipment Sdn. Bhd. (Malaysia).

Top 10 Companies: https://meticulousblog.org/top-10-companies-in-south-east-asia-food-processing-equipment-market/

Scope of the Report:
South East Asia Food Processing Equipment Market, by Type
• Meat, Poultry, and Seafood Processing Equipment
o Cutters and Grinders
o Smokers, Massagers, and Tumblers
o Mixers and Blenders
o Tenderizers
o Killing and Defeathering Equipment
o Slicers
o Evisceration Equipment
o Cookers, Roasters, and Grillers
o De-heading and Gutting Equipment
o Filleting Equipment
o Other Meat, Poultry, and Seafood Processing Equipment
• Beverage Processing Equipment
o Brewery Equipment
o Filtration Equipment
o Carbonation Equipment
o Blenders and Mixers
o Heat Exchangers
o Other Beverage Processing Equipment
• Bakery Processing Equipment
o Ovens and Proofers
o Dough Mixers
o Molders and Sheeters
o Dividers and Rounders
o Depositors and Pan-greasers
o Other Bakery Processing Equipment
• Dairy Processing Equipment
o Pasteurizers
o Homogenizers
o Separators
o Evaporators and Drying Equipment
o Membrane Filtration Equipment
o Other Dairy Processing Equipment
• Chocolate and Confectionery Processing Equipment
o Depositors
o Formers
o Coating and Spraying Systems
o Mixers
o Coolers
o Other Chocolate and Confectionery Processing Equipment
• Fruit and Vegetable Processing Equipment
o Juice Extractors
o Peelers, Cutters, and Pulpers
o Dryers
o Evaporators
o Other Fruit and Vegetable Processing Equipment
• Snack Processing Equipment
o Extruders
o Mixers
o Dryers
o Fryers
o Seasoning & Flavoring Equipment
o Other Snack Processing Equipment
• Other Food Processing Equipment

South East Asia Food Processing Equipment Market, by Mode of Operation
• Semi-Automatic
• Automatic

South East Asia Food Processing Equipment Market, by Geography
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Singapore
• Rest of South East Asia

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Issued By Harshal
Country United States
Categories Business , Food , Technology
Tags south east asia food processing equipment market , south east asia food processing equipment market size , south east asia food processing equipment market share , south east asia food processing equipment market growth
Last Updated April 2, 2024