Table of Content

"1    INTRODUCTION    37
1.1    OBJECTIVES OF THE STUDY    37
1.2    MARKET DEFINITION    37
1.3    STUDY SCOPE    38
FIGURE 1    FOOD PROCESSING & HANDLING EQUIPMENT: MARKET SEGMENTATION    38
1.3.1    INCLUSIONS AND EXCLUSIONS    39
FIGURE 2    GEOGRAPHIC SCOPE    40
1.3.2    PERIODIZATION CONSIDERED    40
1.4    CURRENCY CONSIDERED    41
TABLE 1    USD EXCHANGE RATES, 2016–2020    41
1.5    STAKEHOLDERS    41
1.6    INTRODUCTION TO COVID-19    42
1.7    SUMMARY OF CHANGES    42
2    RESEARCH METHODOLOGY    44
2.1    RESEARCH DATA    44
FIGURE 3    FOOD PROCESSING & HANDLING EQUIPMENT MARKET: RESEARCH DESIGN    44
2.1.1    SECONDARY DATA    45
2.1.1.1    Key data from secondary sources    45
2.1.2    PRIMARY DATA    46
2.1.2.1    Breakdown of primaries    46
2.2    MARKET SIZE ESTIMATION    46
2.2.1    BOTTOM-UP APPROACH    47
FIGURE 4    FOOD PROCESSING & HANDLING EQUIPMENT MARKET: BOTTOM-UP APPROACH    47
2.2.2    TOP-DOWN APPROACH    48
FIGURE 5    FOOD PROCESSING & HANDLING EQUIPMENT MARKET: TOP-DOWN APPROACH    48
2.3    DATA TRIANGULATION    49
FIGURE 6    DATA TRIANGULATION    49
2.4    RESEARCH ASSUMPTIONS    50
2.5    RESEARCH LIMITATIONS    51
2.6    MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19    51
2.7    SCENARIO-BASED MODELLING    52
2.8    COVID-19 HEALTH ASSESSMENT    52
FIGURE 7    COVID-19: GLOBAL PROPAGATION    52
FIGURE 8    COVID-19 PROPAGATION: SELECT COUNTRIES    53
2.9    COVID-19 ECONOMIC ASSESSMENT    54
FIGURE 9    REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT
G20 COUNTRIES IN 2020    54
2.9.1    COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT    55
FIGURE 10    CRITERIA IMPACTING THE GLOBAL ECONOMY    55
FIGURE 11    SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY    56
3    EXECUTIVE SUMMARY    58
FIGURE 12    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE,
2021 VS. 2026    59
FIGURE 13    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2021 VS. 2026    59
FIGURE 14    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2021 VS. 2026    60
FIGURE 15    ASIA PACIFIC DOMINATED THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET IN 2020    60
4    PREMIUM INSIGHTS    62
4.1    ATTRACTIVE GROWTH OPPORTUNITIES IN THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET    62
FIGURE 16    EMERGING ECONOMIES OFFERING ATTRACTIVE OPPORTUNITIES IN THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET    62
4.2    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION    63
FIGURE 17    BAKERY & CONFECTIONERY PRODUCTS SEGMENT EXPECTED TO DOMINATE THE MARKET IN 2020    63
4.3    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY END-PRODUCT FORM & COUNTRY    64
FIGURE 18    SOLID SEGMENT TO DOMINATE THE MARKET IN 2020    64
4.4    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE & REGION    65
FIGURE 19    ASIA PACIFIC ACCOUNTED FOR THE LARGEST SHARE IN THE FOOD PACKAGING SEGMENT IN 2020    65
4.5    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY KEY SUB-REGIONAL MARKETS    65
FIGURE 20    INDIA IS EXPECTED TO ACHIEVE THE HIGHEST CAGR IN THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET    65
5    MARKET OVERVIEW    66
5.1    INTRODUCTION    66
5.2    MARKET DYNAMICS    67
FIGURE 21    TECHNOLOGICAL INNOVATIONS AND THE RISING CONSUMPTION
OF READY-TO-EAT FOOD DRIVING THE MARKET    67
5.2.1    DRIVERS    67
FIGURE 22    INDIAN FOOD SERVICE INDUSTRY, BY CATEGORY, 2017    68
5.2.1.1    Rising demand for meat, poultry, bakery, dairy, and confectionery products    68
5.2.1.2    Rise in focus on production and operational efficiency, processing time, and quality of food products    69
5.2.1.3    Increase in demand for hygienic food packaging    69
5.2.1.4    Shift toward convenient food packaging    69
5.2.2    RESTRAINTS    70
5.2.2.1    Increasing cost of production due to rise in energy and labor costs    70
5.2.2.2    Stringent environmental regulations    70
5.2.3    OPPORTUNITIES    70
5.2.3.1    Growth in investment opportunities for the development of new food & beverage processing technologies    70
5.2.3.2    Rise in demand from developing countries, such as China and India    71
5.2.4    CHALLENGES    71
5.2.4.1    Infrastructural challenges in developing countries    71
5.2.4.2    Ensuring the correct mixture of gases in controlled environment packaging    72
6    INDUSTRY TRENDS    73
6.1    INTRODUCTION    73
6.2    VALUE CHAIN ANALYSIS    73
FIGURE 23    FOOD PROCESSING & HANDLING EQUIPMENT: VALUE CHAIN ANALYSIS    74
6.3    MARKET ECOSYSTEM & SUPPLY CHAIN    74
FIGURE 24    FOOD PROCESSING & HANDLING EQUIPMENT: SUPPLY CHAIN ANALYSIS    75
6.3.1    RESEARCH & DEVELOPMENT    75
6.3.2    INPUTS    75
6.3.3    PRODUCTION    75
6.3.4    LOGISTICS & DISTRIBUTION    75
6.3.5    MARKETING & SALES    76
6.3.6    END-USER INDUSTRY    76
FIGURE 25    FOOD PROCESSING & HANDLING EQUIPMENT: MARKET MAP    76
6.4    TECHNOLOGY ANALYSIS    77
6.5    REGULATORY POLICIES FOR FOOD PROCESSING & HANDLING EQUIPMENT    78
6.5.1    REGULATIONS OF THE FOOD PROCESSING EQUIPMENT MARKET    78
6.5.2    REGULATIONS OF THE FOODSERVICE EQUIPMENT MARKET    79
6.5.3    REGULATIONS OF THE FOOD PACKAGING EQUIPMENT MARKET    79
6.5.3.1    US    79
6.5.3.2    Europe    79
6.5.3.3    India    79
6.6    TRENDS/DISRUPTIONS IMPACTING THE BUSINESS OF CUSTOMERS    80
FIGURE 26    TRENDS/DISRUPTIONS IMPACTING THE BUSINESS OF CUSTOMERS    80
6.7    PORTER’S FIVE FORCES ANALYSIS    81
6.7.1    FOOD PROCESSING & HANDLING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS    82
6.7.2    THREAT OF NEW ENTRANTS    82
6.7.3    THREAT OF SUBSTITUTES    82
6.7.4    BARGAINING POWER OF SUPPLIERS    82
6.7.5    BARGAINING POWER OF BUYERS    82
6.7.6    INTENSITY OF COMPETITIVE RIVALRY    83
6.8    TRADE ANALYSIS    83
TABLE 2    EXPORT DATA OF INDUSTRIAL FOOD PREPARATION MACHINERY FOR KEY COUNTRIES, 2019 (VALUE)    83
TABLE 3    IMPORT DATA OF INDUSTRIAL FOOD PREPARATION MACHINERY FOR KEY COUNTRIES, 2019 (VALUE)    84
FIGURE 27    TOP EXPORTERS OF BEVERAGES, BY VALUE, 2016–2020 (USD BILLION)    85
FIGURE 28    TOP IMPORTERS OF BEVERAGES, BY VALUE, 2016–2020 (USD BILLION)    86
6.9    PATENT ANALYSIS    86
FIGURE 29    TOP 10 APPLICANTS IN THE LAST 10 YEARS    86
TABLE 4    PATENTS PERTAINING TO FOOD PROCESSING & HANDLING EQUIPMENT, 2015-2021    87
TABLE 5    LIST OF IMPORTANT PATENTS FOR FOOD PROCESSING EQUIPMENT,
2019-2020    89
6.10    CASE STUDIES    92
6.10.1    GROWING DEMAND FOR BETTER PASTEURIZATION TECHNIQUES    92
TABLE 6    GROWING DEMAND FOR BETTER-AUTOMATED DAIRY MANUFACTURING EQUIPMENT FOR A COMPANY IN THE UAE    92
6.10.2    OPTIMAL MAINTENANCE COST AND INCREASED RELIABILITY WITHIN JUICE PRODUCTION    92
TABLE 7    GROWING DEMAND FOR QUALITY DEMAND RELIABILITY AND OPTIMAL MAINTENANCE COST WITHIN THE PRODUCTION LINE OF AN AFRICAN PLAYER MANUFACTURING JUICES, NECTAR, AND STILL DRINKS    92
7    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE    93
7.1    INTRODUCTION    94
FIGURE 30    FOOD PROCESSING EQUIPMENT SEGMENT EXPECTED TO DOMINATE THE MARKET BY 2026    94
TABLE 8    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    95
TABLE 9    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    95
7.2    COVID-19 IMPACT ON THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY TYPE    95
TABLE 10    OPTIMISTIC SCENARIO: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE, 2018–2021 (USD MILLION)    96
TABLE 11    REALISTIC SCENARIO: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE, 2018–2021 (USD MILLION)    96
TABLE 12    PESSIMISTIC SCENARIO: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE, 2018–2021 (USD MILLION)    96
7.3    FOOD PROCESSING EQUIPMENT    97
TABLE 13    FOOD PROCESSING EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    97
TABLE 14    FOOD PROCESSING EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    97
7.3.1    PRE-PROCESSING EQUIPMENT    97
TABLE 15    FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    98
TABLE 16    FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    98
7.3.1.1    Sorting & grading    98
7.3.1.1.1    Increasing usage of sorting equipment to maintain quality and save time    98
7.3.1.2    Cutting, peeling, grinding, slicing, and washing    99
7.3.1.2.1    Reduction in food waste and increased consistency    99
7.3.1.3    Mixing and blending    99
7.3.1.3.1    Shift from all-purpose blenders and mixers to highly tuned equipment for specialized products    99
7.3.2    PRIMARY PROCESSING EQUIPMENT    100
TABLE 17    FOOD PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    100
TABLE 18    FOOD PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    100
7.3.2.1    Forming equipment    101
7.3.2.1.1    Growing innovations to produce appealing designs and increased processed food consumption    101
7.3.2.2    Extruding equipment    101
7.3.2.2.1    Extrusion helping the production of functional food produce    101
7.3.2.3    Coating equipment    102
7.3.2.3.1    Innovations in edible coating to improve the shelf life of fresh produce such as fruits    102
7.3.2.4    Drying, cooling, and freezing    102
7.3.2.4.1    Use of spray drying technology in food products    102
7.3.2.5    Thermal equipment    103
7.3.2.5.1    Rising consumption of processed foods and beverages accelerating the thermal equipment type market    103
7.3.2.6    Homogenizer    103
7.3.2.6.1    Homogenizer may assist in capitalizing on new ongoing health trends    103
7.3.2.7    Filters    103
7.3.2.7.1    Filters – important equipment amid rising food safety concerns    103
7.3.2.8    Pressing    104
7.3.2.8.1    Transition from using time-consuming manual power to machinery for pressing    104
7.4    FOOD SERVICE EQUIPMENT    104
TABLE 19    FOOD SERVICE EQUIPMENT MARKET, BY TYPE, 2017–2020 (USD MILLION)    104
TABLE 20    FOOD SERVICE EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)    105
TABLE 21    FOOD SERVICE EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    105
TABLE 22    FOOD SERVICE EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    105
7.4.1    COOKING EQUIPMENT    106
7.4.1.1    Baking industry to drive the growth    106
7.4.2    STORAGE AND REFRIGERATION EQUIPMENT    106
7.4.2.1    Initiatives to improve cold chain logistics driving demand in developing countries    106
7.4.3    FOOD PREPARATION EQUIPMENT    106
7.4.3.1    Rising popularity of buffet and self-service customer    106
7.4.4    WAREWASHING EQUIPMENT    106
7.4.4.1    Shortage of labor in developed economies encouraging the use of washing equipment    106
7.4.5    SERVING EQUIPMENT    107
7.4.5.1    Increasing number of QSRs and fast-food joints    107
7.5    FOOD PACKAGING EQUIPMENT    107
TABLE 23    FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    107
TABLE 24    FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    108
TABLE 25    FOOD PACKAGING EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    108
TABLE 26    FOOD PACKAGING EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    108
7.5.1    FORM-FILL-SEAL    109
7.5.1.1    Rising demand for multi-functional form-fill-seal equipment    109
7.5.2    FILLING & DOSING    109
7.5.2.1    Rising consumption of processed foods    109
7.5.3    CARTONING    109
7.5.3.1    Rising demand for sustainable packaging    109
7.5.4    CASE PACKING    110
7.5.4.1    Reduced labor cost    110
7.5.5    WRAPPING & BUNDLING    110
7.5.5.1    Increasing expectation of consumers in terms of external looks of products    110
7.5.6    LABELING & CODING    110
7.5.6.1    Increasing transparency and trending of labels conveying health and wellness    110
7.5.7    INSPECTING, DETECTING, AND CHECK-WEIGHING MACHINES    111
7.5.7.1    Rise in imports and exports of food products    111
7.5.8    OTHER TYPES    111
7.5.8.1    Rising demand for packaging machines, such as palletizing, capping, & sealing machines    111

8    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION    112
8.1    INTRODUCTION    113
FIGURE 31    BAKERY & CONFECTIONERY SEGMENT EXPECTED TO DOMINATE THE MARKET BY 2026    113
TABLE 27    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2017–2020 (USD MILLION)    114
TABLE 28    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    114
8.2    COVID-19 IMPACT ON FOOD PROCESSING & HANDLING EQUIPMENT, BY APPLICATION    115
TABLE 29    REALISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION,
2018–2021 (USD MILLION)    115
TABLE 30    OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION,
2018–2021 (USD MILLION)    115
TABLE 31    PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION,
2018–2021 (USD MILLION)    116
8.3    BAKERY & CONFECTIONERY    116
8.3.1    CHANGING LIFESTYLE AND INCREASING DEMAND FOR BREAD AND BAKERY PRODUCTS IN THE ASIA PACIFIC REGION DRIVING THE MARKET    116
TABLE 32    BAKERY & CONFECTIONERY PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2017–2020 (USD MILLION)    117
TABLE 33    BAKERY & CONFECTIONERY PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2021–2026 (USD MILLION)    117
8.4    MEAT & POULTRY    118
8.4.1    INCREASING INNOVATIONS AND ENHANCEMENTS IN MEAT
AND POULTRY EQUIPMENT    118
TABLE 34    MEAT & POULTRY PROCESSING & HANDLING EQUIPMENT MARKET,
BY REGION, 2017–2020 (USD MILLION)    118
TABLE 35    MEAT & POULTRY PROCESSING & HANDLING EQUIPMENT MARKET,
BY REGION, 2021–2026 (USD MILLION)    119
8.5    FISH & SEAFOOD    119
8.5.1    RISING CONSUMER DEMAND AND INCREASED PENETRATION IN DEVELOPING COUNTRIES LEADING TO A SURGE IN DEMAND FOR FISH-BASED AND SEAFOOD PRODUCTS    119
TABLE 36    FISH & SEAFOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY REGION, 2017–2020 (USD MILLION)    120
TABLE 37    FISH & SEAFOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY REGION, 2021–2026 (USD MILLION)    120
8.6    DAIRY    120
8.6.1    GROWING DEMAND FOR CUSTOMIZED DAIRY AND DAIRY-BASED PRODUCTS    120
TABLE 38    DAIRY PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    121
TABLE 39    DAIRY PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    121

8.7    ALCOHOLIC BEVERAGES    122
8.7.1    RISING TECHNOLOGICAL ADVANCEMENTS AND INNOVATIONS IN CRAFT BREWERIES DUE TO THE GROWING DEMAND FOR CUSTOMIZED CRAFT BEER AND RELATED PRODUCTS    122
TABLE 40    ALCOHOLIC BEVERAGES PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2017–2020 (USD MILLION)    122
TABLE 41    ALCOHOLIC BEVERAGES PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2021–2026 (USD MILLION)    122
8.8    NON-ALCOHOLIC BEVERAGES    123
8.8.1    CONTINUOUS DEVELOPMENTS AND NEW PRODUCT LAUNCHES DRIVING THE NEED FOR NON-ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT    123
TABLE 42    NON-ALCOHOLIC BEVERAGES PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2017–2020 (USD MILLION)    123
TABLE 43    NON-ALCOHOLIC BEVERAGES PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2021–2026 (USD MILLION)    123
8.9    OTHER APPLICATIONS    124
8.9.1    COATING EQUIPMENT WITNESSING HIGH DEMAND DUE TO THE RAPIDLY GROWING SNACKS INDUSTRY    124
TABLE 44    OTHER PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    124
TABLE 45    OTHER PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    125
9    FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END-PRODUCT FORM    126
9.1    INTRODUCTION    127
FIGURE 32    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2021 VS. 2026 (USD MILLION)    127
TABLE 46    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2017–2020 (USD MILLION)    128
TABLE 47    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2021–2026 (USD MILLION)    128
9.1.1    COVID-19 IMPACT ON FOOD PROCESSING & HANDLING EQUIPMENT,
BY END-PRODUCT FORM    128
TABLE 48    REALISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2021 (USD MILLION)    129
TABLE 49    OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2021 (USD MILLION)    129
TABLE 50    PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2021 (USD MILLION)    129
9.2    SOLID FORM    130
9.2.1    RISING CONSUMPTION OF PROCESSED FOODS    130
TABLE 51    SOLID PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    130
TABLE 52    SOLID PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    131
9.3    LIQUID FORM    131
9.3.1    RISING CONSUMPTION OF NON-ALCOHOLIC BEVERAGES DUE TO INCREASING HEALTH-CONSCIOUSNESS    131
TABLE 53    LIQUID PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    132
TABLE 54    LIQUID PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    132
9.4    SEMI-SOLID    132
9.4.1    INCREASING PREFERENCE FOR YOGURTS, JELLIES, PUDDINGS, AND SPREADS    132
TABLE 55    SEMI-SOLID PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2017–2020 (USD MILLION)    133
TABLE 56    SEMI-SOLID PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2021–2026 (USD MILLION)    133
10    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION    134
10.1    INTRODUCTION    135
FIGURE 33    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2021 VS. 2026 (USD MILLION)    136
TABLE 57    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    136
TABLE 58    FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    137
FIGURE 34    INDIA EXPECTED TO ACHIEVE THE HIGHEST GROWTH DURING
THE FORECAST PERIOD    137
10.2    COVID-19 IMPACT ON THE FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY REGION    138
TABLE 59    OPTIMISTIC SCENARIO: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2018–2021 (USD MILLION)    138
TABLE 60    REALISTIC SCENARIO: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2018–2021 (USD MILLION)    138
TABLE 61    PESSIMISTIC SCENARIO: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2018–2021 (USD MILLION)    139
10.3    NORTH AMERICA    139
TABLE 62    NORTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY COUNTRY, 2017–2020 (USD MILLION)    140
TABLE 63    NORTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY COUNTRY, 2021–2026 (USD MILLION)    140
TABLE 64    NORTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY TYPE, 2017–2020 (USD MILLION)    140
TABLE 65    NORTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY TYPE, 2021–2026 (USD MILLION)    141
TABLE 66    NORTH AMERICA: FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2017–2020 (USD MILLION)    141
TABLE 67    NORTH AMERICA: FOOD PRE-PROCESSING EQUIPMENT MARKET SIZE,
BY TYPE, 2021–2026 (USD MILLION)    141
TABLE 68    NORTH AMERICA: FOOD PRIMARY PROCESSING EQUIPMENT MARKET,
BY TYPE, 2017–2020 (USD MILLION)    142
TABLE 69    NORTH AMERICA: FOOD PRIMARY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)    142
TABLE 70    NORTH AMERICA: FOOD SERVICE EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    143
TABLE 71    NORTH AMERICA: FOOD SERVICE EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    143
TABLE 72    NORTH AMERICA: FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    143
TABLE 73    NORTH AMERICA: FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    144
TABLE 74    NORTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    144
TABLE 75    NORTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    145
TABLE 76    NORTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END-PRODUCT FORM, 2017–2020 (USD MILLION)    145
TABLE 77    NORTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END-PRODUCT FORM, 2021–2026 (USD MILLION)    145
10.3.1    US    146
10.3.1.1    The US accounted for the largest market share in North America    146
TABLE 78    US: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2017–2020 (USD MILLION)    146
TABLE 79    US: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    147
10.3.2    CANADA    147
10.3.2.1    Significant imports of meat processing machinery    147
TABLE 80    CANADA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    148
TABLE 81    CANADA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    148
10.3.3    MEXICO    149
10.3.3.1    Rising growth of the full-service restaurant sector    149
TABLE 82    MEXICO: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    149
TABLE 83    MEXICO: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    150
10.4    EUROPE    150
TABLE 84    EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY COUNTRY, 2017–2020 (USD MILLION)    151
TABLE 85    EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY COUNTRY, 2021–2026 (USD MILLION)    151
TABLE 86    EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY TYPE, 2017–2020 (USD MILLION)    152
TABLE 87    EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY TYPE, 2021–2026 (USD MILLION)    152
TABLE 88    EUROPE: FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE,
 2017–2020 (USD MILLION)    152
TABLE 89    EUROPE: FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    152
TABLE 90    EUROPE: FOOD PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE, 2017–2020 (USD MILLION)    153
TABLE 91    EUROPE: FOOD PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)    153
TABLE 92    EUROPE: FOOD SERVICE EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    154
TABLE 93    EUROPE: FOOD SERVICE EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    154
TABLE 94    EUROPE: FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    154
TABLE 95    EUROPE: FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
 2021–2026 (USD MILLION)    155
TABLE 96    EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    155
TABLE 97    EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    156
TABLE 98    EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END-PRODUCT FORM, 2017–2020 (USD MILLION)    156
TABLE 99    EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END USER, 2021–2026 (USD MILLION)    156
10.4.1    GERMANY    157
10.4.1.1    IOT-capable packaging machine technology gaining trends in the German food processing & handling equipment market    157
TABLE 100    GERMANY: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    157
TABLE 101    GERMANY: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    158
10.4.2    UK    158
10.4.2.1    Bolstering food service demand driving the sales of food service equipment    158
TABLE 102    UK: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2017–2020 (USD MILLION)    159
TABLE 103    UK: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    159
10.4.3    FRANCE    160
10.4.3.1    French bakery processing equipment market expected to witness significant growth due to changing consumer expectations    160
TABLE 104    FRANCE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    160
TABLE 105    FRANCE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    161
10.4.4    ITALY    161
10.4.4.1    Growing ice-cream industry anticipated to accelerate dairy processing equipment market growth    161
TABLE 106    ITALY: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    162
TABLE 107    ITALY: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    162
10.4.5    SPAIN    163
10.4.5.1    Increasing import of bakery products expected to boost the domestic bakery industry    163
TABLE 108    SPAIN: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    163
TABLE 109    SPAIN: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    164
10.4.6    REST OF EUROPE    164
10.4.6.1    High standards of living and increasing per capita consumption of frozen foods    164
TABLE 110    REST OF EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    165
TABLE 111    REST OF EUROPE: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    165
10.5    ASIA PACIFIC    166
FIGURE 35    ASIA PACIFIC: MARKET SNAPSHOT    167
TABLE 112    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY COUNTRY, 2017–2020 (USD MILLION)    168
TABLE 113    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY COUNTRY, 2021–2026 (USD MILLION)    168
TABLE 114    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY TYPE, 2017–2020 (USD MILLION)    168
TABLE 115    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY TYPE, 2021–2026 (USD MILLION)    169
TABLE 116    ASIA PACIFIC: FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2017–2020 (USD MILLION)    169
TABLE 117    ASIA PACIFIC: FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)    169
TABLE 118    ASIA PACIFIC: FOOD PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE, 2017–2020 (USD MILLION)    170
TABLE 119    ASIA PACIFIC: FOOD PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)    170
TABLE 120    ASIA PACIFIC: FOODSERVICE EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    171
TABLE 121    ASIA PACIFIC: FOODSERVICE EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    171
TABLE 122    ASIA PACIFIC: FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    171
TABLE 123    ASIA PACIFIC: FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    172
TABLE 124    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    172
TABLE 125    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    173
TABLE 126    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END-PRODUCT FORM, 2017–2020 (USD MILLION)    173
TABLE 127    ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END-PRODUCT FORM, 2021–2026 (USD MILLION)    173
10.5.1    CHINA    174
10.5.1.1    China dominating the Asia Pacific food processing & handling equipment market    174
TABLE 128    CHINA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    174
TABLE 129    CHINA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    175
10.5.2    INDIA    175
10.5.2.1    Value-addition in products driving the growth of the food processing & handling equipment market    175
TABLE 130    INDIA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    176
TABLE 131    INDIA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    176
10.5.3    JAPAN    176
10.5.3.1    Japanese food & beverage sector driving packaging innovation and focusing on quality improvement    176
TABLE 132    JAPAN: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    177
TABLE 133    JAPAN: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    178
10.5.4    AUSTRALIA & NEW ZEALAND    178
10.5.4.1    Two-speed food processing industry redefining the food & beverages sector    178
TABLE 134    AUSTRALIA & NEW ZEALAND: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2017–2020 (USD MILLION)    179
TABLE 135    AUSTRALIA & NEW ZEALAND: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    179
10.5.5    REST OF ASIA PACIFIC    180
TABLE 136    REST OF ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2017–2020 (USD MILLION)    180
TABLE 137    REST OF ASIA PACIFIC: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    181
10.6    REST OF THE WORLD (ROW)    181
TABLE 138    ROW: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2017–2020 (USD MILLION)    182
TABLE 139    ROW: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY REGION, 2021–2026 (USD MILLION)    182
TABLE 140    ROW: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE, 2017–2020 (USD MILLION)    182
TABLE 141    ROW: FOOD PROCESSING & HANDLING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)    183
TABLE 142    ROW: FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    183
TABLE 143    ROW: FOOD PRE-PROCESSING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    183
TABLE 144    ROW: FOOD PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    184
TABLE 145    ROW: FOOD PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    184
TABLE 146    ROW: FOOD SERVICE EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    185
TABLE 147    ROW: FOOD SERVICE EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    185
TABLE 148    ROW: FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2017–2020 (USD MILLION)    185
TABLE 149    ROW: FOOD PACKAGING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    186
TABLE 150    ROW: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    186
TABLE 151    ROW: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    187
TABLE 152    ROW: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END-PRODUCT FORM, 2017–2020 (USD MILLION)    187
TABLE 153    ROW: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY END-PRODUCT FORM, 2021–2026 (USD MILLION)    187
10.6.1    SOUTH AMERICA    188
10.6.1.1    South America expected to retain the fruit and vegetable pre-processing demand dominance within the industry    188
TABLE 154    SOUTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    188
TABLE 155    SOUTH AMERICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    189
10.6.2    MIDDLE EAST    189
10.6.2.1    Automation in the bakery & confectionery sector driving the growth of the food processing & handling equipment market    189
TABLE 156    MIDDLE EAST: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    190
TABLE 157    MIDDLE EAST: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    190
10.6.3    AFRICA    191
10.6.3.1    Convenience food demand driving the growth of the food processing equipment    191
TABLE 158    AFRICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2017–2020 (USD MILLION)    191
TABLE 159    AFRICA: FOOD PROCESSING & HANDLING EQUIPMENT MARKET,
BY APPLICATION, 2021–2026 (USD MILLION)    192

11    COMPETITIVE LANDSCAPE    193
11.1    OVERVIEW    193
11.2    MARKET SHARE ANALYSIS, 2020    193
TABLE 160    FOOD PROCESSING & HANDLING EQUIPMENT MARKET: DEGREE OF COMPETITION (CONSOLIDATED)    194
11.3    KEY PLAYER STRATEGIES    194
11.4    SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS    196
FIGURE 36    SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET,
2018–2020 (USD BILLION)    196
11.5    COVID-19-SPECIFIC COMPANY RESPONSE    197
11.5.1    TETRA LAVAL (SWITZERLAND)    197
11.5.2    GEA GROUP (GERMANY)    197
11.5.3    JBT CORPORATION (US)    197
11.6    COMPANY EVALUATION QUADRANT (KEY PLAYERS)    197
11.6.1    STARS    198
11.6.2    EMERGING LEADERS    198
11.6.3    PERVASIVE PLAYERS    198
11.6.4    PARTICIPANTS    198
FIGURE 37    FOOD PROCESSING & HANDLING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020 (KEY PLAYERS)    199
11.6.5    PRODUCT FOOTPRINT    200
TABLE 161    COMPANY EQUIPMENT TYPE FOOTPRINT    200
TABLE 162    COMPANY APPLICATION FOOTPRINT    201
TABLE 163    COMPANY REGIONAL FOOTPRINT    202
TABLE 164    OVERALL COMPANY FOOTPRINT    203
11.7    FOOD PROCESSING & HANDLING EQUIPMENT, START-UP/SME EVALUATION QUADRANT, 2020    204
11.7.1    PROGRESSIVE COMPANIES    204
11.7.2    STARTING BLOCKS    204
11.7.3    RESPONSIVE COMPANIES    204
11.7.4    DYNAMIC COMPANIES    204
FIGURE 38    FOOD PROCESSING & HANDLING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020 (START-UP/SME)    205
11.8    PRODUCT LAUNCHES, DEALS, AND OTHER DEVELOPMENTS    206
11.8.1    PRODUCT LAUNCHES    206
TABLE 165    PRODUCT LAUNCHES, 2021    206
11.8.2    DEALS    207
TABLE 166    DEALS, 2019–2021    207
11.8.3    OTHERS    208
TABLE 167    OTHERS, 2019–2021    208"
"12    COMPANY PROFILES    209
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1    GEA GROUP    209
TABLE 168    GEA GROUP: BUSINESS OVERVIEW    209
FIGURE 39    GEA GROUP: COMPANY SNAPSHOT    210
TABLE 169    GEA GROUP: PRODUCTS OFFERED    210
TABLE 170    GEA GROUP: DEALS, 2018    212
TABLE 171    GEA GROUP: PRODUCT LAUNCHES, 2018-2021    212
12.2    BÜHLER GROUP    214
TABLE 172    BÜHLER GROUP: BUSINESS OVERVIEW    214
FIGURE 40    BÜHLER GROUP: COMPANY SNAPSHOT    215
TABLE 173    BÜHLER GROUP: PRODUCTS OFFERED    215
TABLE 174    BÜHLER GROUP: DEALS, 2019–2021    216
TABLE 175    BÜHLER GROUP: OTHERS, 2020    217
12.3    ALFA LAVAL    218
TABLE 176    ALFA LAVAL: BUSINESS OVERVIEW    218
FIGURE 41    ALFA LAVAL: COMPANY SNAPSHOT    219
TABLE 177    ALFA LAVAL: PRODUCTS OFFERED    219
TABLE 178    ALFA LAVAL: DEALS, 2019-2021    220
TABLE 179    ALFA LAVAL: PRODUCT LAUNCHES    220
TABLE 180    ALFA LAVAL: OTHERS    221
12.4    JBT CORPORATION    222
TABLE 181    JBT CORPORATION: BUSINESS OVERVIEW    222
FIGURE 42    JBT CORPORATION: COMPANY SNAPSHOT    223
TABLE 182    JBT CORPORATION: PRODUCTS OFFERED    223
TABLE 183    JBT CORPORATION: DEALS    224
12.5    SPX FLOW    226
TABLE 184    SPX FLOW: BUSINESS OVERVIEW    226
FIGURE 43    SPX FLOW.: COMPANY SNAPSHOT    227
TABLE 185    SPX FLOW: DEALS    228
TABLE 186    SPX FLOW: PRODUCT LAUNCHES    229
TABLE 187    SPX FLOW: OTHERS    229
12.6    ROBERT BOSCH    231
TABLE 188    ROBERT BOSH: BUSINESS OVERVIEW    231
FIGURE 44    ROBERT BOSCH: COMPANY SNAPSHOT    232
TABLE 189    ROBERT BOSCH: PRODUCTS OFFERED    232
TABLE 190    ROBERT BOSCH: PRODUCT LAUNCHES, 2019-2018    234

12.7    IMA GROUP    235
TABLE 191    IMA GROUP: BUSINESS OVERVIEW    235
FIGURE 45    IMA GROUP: COMPANY SNAPSHOT    236
TABLE 192    IMA GROUP: PRODUCTS OFFERED    236
TABLE 193    IMA GROUP: DEALS, 2018-2019    237
12.8    MULTIVAC    238
TABLE 194    MULTIVAC: BUSINESS OVERVIEW    238
TABLE 195    MULTIVAC: PRODUCTS OFFERED    238
TABLE 196    MULTIVAC: DEALS    239
TABLE 197    MULTIVAC: PRODUCT LAUNCHES    239
TABLE 198    MULTIVAC: OTHERS    239
12.9    KRONES GROUP    240
TABLE 199    KRONES GROUP: BUSINESS OVERVIEW    240
FIGURE 46    KRONES GROUP: COMPANY SNAPSHOT    241
TABLE 200    KRONES GROUP: PRODUCTS OFFERED    241
TABLE 201    KRONES GROUP: DEALS, 2018-2020    243
12.10    TETRA LAVAL    245
TABLE 202    TETRA LAVAL: BUSINESS OVERVIEW    245
FIGURE 47    TETRA LAVAL: COMPANY SNAPSHOT    246
TABLE 203    TETRA LAVAL: PRODUCTS OFFERED    246
TABLE 204    TETRA LAVAL: DEALS, 2020    248
TABLE 205    TETRA LAVAL: PRODUCT LAUNCHES, 2020    248
TABLE 206    TETRA LAVAL: OTHERS, 2021    248
12.11    MIDDLEBY CORPORATION    250
TABLE 207    THE MIDDLEBY CORPORATION: BUSINESS OVERVIEW    250
FIGURE 48    MIDDLEBY CORPORATION: COMPANY SNAPSHOT    251
TABLE 208    THE MIDDLEBY CORPORATION: PRODUCTS OFFERED    251
TABLE 209    THE MIDDLEBY CORPORATION: DEALS, 2020-2021    253
12.12    DOVER CORPORATION    255
TABLE 210    DOVER CORPORATION: BUSINESS OVERVIEW    255
FIGURE 49    DOVER CORPORATION: COMPANY SNAPSHOT    256
TABLE 211    DOVER CORPORATION: PRODUCTS OFFERED    256
TABLE 212    DOVER CORPORATION: DEALS, 2021    258
TABLE 213    DOVER CORPORATION: PRODUCT LAUNCHES, 2018-2019    258
12.13    ALI GROUP S.R.L.    260
TABLE 214    ALI GROUP S.R.L.: BUSINESS OVERVIEW    260
TABLE 215    ALI GROUP S.R.L: PRODUCTS OFFERED    260
TABLE 216    ALI GROUP S.R.L: PRODUCT LAUNCHES, 2018-2019    262

12.14    ELECTROLUX    263
TABLE 217    ELECTROLUX: BUSINESS OVERVIEW    263
FIGURE 50    ELECTROLUX: COMPANY SNAPSHOT    263
TABLE 218    ELECTROLUX: PRODUCTS OFFERED    264
TABLE 219    ELECTROLUX: DEALS, 2018-2019    264
12.15    HOSHIZAKI    266
TABLE 220    HOSHIZAKI: BUSINESS OVERVIEW    266
TABLE 221    HOSHIZAKI: PRODUCTS OFFERED    266
TABLE 222    HOSHIZAKI: PRODUCT LAUNCHES, 2018-2021    268
TABLE 223    HOSHIZAKI: OTHERS, 2019    268
12.16    GLOBAL BAKERY SOLUTIONS    269
TABLE 224    GLOBAL BAKERY SOLUTIONS: BUSINESS OVERVIEW    269
TABLE 225    GLOBAL BAKERY SOLUTIONS: PRODUCTS OFFERED    269
12.17    SEALTECH ENGINEERS    271
TABLE 226    SEALTECH ENGINEERS: BUSINESS OVERVIEW    271
TABLE 227    SEALTECH ENGINEERS: PRODUCTS OFFERED    271
12.18    DAIRY TECH INDIA    272
12.19    SPHERETECH PACKAGING INDIA PVT. LTD.    273
12.20    ALIGN INDUSTRY    274
12.21    WOOTZANO LTD.    274
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13    ADJACENT AND RELATED MARKETS    275
13.1    INTRODUCTION    275
TABLE 228    ADJACENT MARKETS TO THE FOOD PROCESSING &
HANDLING EQUIPMENT MARKET    275
13.2    LIMITATIONS    275
13.3    DAIRY PROCESSING EQUIPMENT MARKET    276
13.3.1    MARKET DEFINITION    276
13.3.2    MARKET OVERVIEW    276
TABLE 229    DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE,
2016–2020 (USD MILLION)    276
TABLE 230    DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE,
2021–2026 (USD MILLION)    277
13.4    FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET    277
13.4.1    MARKET DEFINITION    277
13.4.2    MARKET OVERVIEW    277
TABLE 231    FOOD & BEVERAGE PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2016–2023 (USD BILLION)    278
TABLE 232    FOOD & BEVERAGE PRIMARY PROCESSING EQUIPMENT MARKET, BY TYPE, 2016–2023 (USD BILLION)    278

13.5    BAKERY PROCESSING EQUIPMENT MARKET    278
13.5.1    MARKET DEFINITION    278
13.5.2    MARKET OVERVIEW    279
TABLE 233    BAKERY PROCESSING EQUIPMENT MARKET, BY TYPE,
2016–2019 (USD MILLION)    279
TABLE 234    BAKERY PROCESSING EQUIPMENT MARKET, BY TYPE,
2020–2025 (USD MILLION)    279
13.6    BEVERAGE PROCESSING EQUIPMENT MARKET    280
13.6.1    MARKET DEFINITION    280
13.6.2    MARKET OVERVIEW    280
13.6.3    BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE    280
TABLE 235    BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE,
2017–2020 (USD MILLION)    280
TABLE 236    BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE,
2021–2026 (USD MILLION)    281
13.6.4    BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION    281
TABLE 237    BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION,
2017–2020 (USD MILLION)    281
TABLE 238    BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION,
2021–2026 (USD MILLION)    282
14    APPENDIX    283
14.1    DISCUSSION GUIDE    283
14.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    287
14.3    AVAILABLE CUSTOMIZATIONS    289
14.4    RELATED REPORTS    290
14.5    AUTHOR DETAILS    291"