Germany Food Processing Equipment Market Share, Size, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2021-2028
Germany Food Processing Equipment Market & Trends Analysis Report – Opportunities & Forecast, 2021-2028
Published Date: Aug - 2021 | Report Format: Excel/PPT | Report Code: UP2543-001001
Introduction of the Germany Food Processing Equipment Market Report
Food processing equipment helps in processing raw or semi-processed food and beverages products to various end-users. The equipment offers benefits such as secure, comfortable, hygiene consumable food items, which enhance food processing equipment sales. The food and Beverage sectors are adopting this equipment to increase efficiency and to meet the growing demand for healthy food items among consumers. For instance, Germany is the largest market in the European Union for food and beverages.
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Market Dynamic
Key Drivers and Emerging Trends
The significant factors supporting the growth of the Germany food processing equipment include growing concern regarding the food quality, increasing disposable income of individuals and rising adoption of modern food production methods. Increasing demand for sustainable food and sustainable food ingredients will further encourage the growth of the Germany food processing equipment market. For instance, the food processing industry employed approx. 618,721 people in 6,123 companies in 2020, which is majorly dominated by small and medium-sized companies. The sector generated around USD 221 Billion and 5.8 percent of German GDP in 2019.
Germany’s food industry is the third-largest processing industry and estimated USD 210 Billion of processed food and drinks during the pre-covid situation in 2018. Germany is a major producer of agriculture and food products and plays a vital role globally. In addition to this, Germany is the 3rd largest importer of agricultural products after the United States and China. Imports are increased by 2.9 percent as compared to 2017, i.e., USD 108 Billion in 2018. This will positively support the growth of the food market, which will positively impact the Germany food processing equipment market.
In 2021, Buhler GmbH partnership with the German Institute of Food Technologies (DIL) to work on various product ranges, including sustainable ranges with confectionery and snacks potential. The CEO of DIL planned to explore innovative solutions for food processing in Germany.
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Meat products are expected to increase at a faster rate over the forecast period in the Germany food processing equipment market due to an increase in poultry meat production in Germany. For instance, poultry meat production is increased by 17 percent from 2010 to 2020. In addition, poultry meat production is USD 1.6 Million tonnes, an increase of 1.7 percent compared to 2019. As per the Federal Agency for Agriculture and Food, the overall production of meat is 8.47 million tonnes in 2020, lower than 2019 in Germany.
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Key questions answered in this research report:
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- At what pace is Germany Food Processing Equipment market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in Germany Food Processing Equipment market? What will be the impact of drivers and restraints in the future?
- What are the various areas of Germany Food Processing Equipment market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
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Report Coverage | Details |
Market Base Year | 2020 |
Market Forecast Period | 2021-2028 |
Market Revenues Currency | USD Million |
Base Year & Forecast Units | Revenues (USD Million) |
Regional Coverage | Germany |
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Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Report is shared with unlimited user (employees) of the purchasing corporation only
Germany Food Processing Equipment Market Share, Size, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2021-2028
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