Saudi Arabia food processing equipment market
is expected to grow at a robust CAGR over the next five years. The market
growth can be attributed to the rising applications of food processing equipment
in meat and poultry. Besides, growing concerns in consumers related to food
safety and the increasing popularity of convenience foods among the growing workforce
of the country is expected to drive the market further. Rapidly expanding
population, changing lifestyle preferences, state support, and high personal
disposable income are some of the factors contributing to the market growth.
Major food processing equipment manufacturers are hugely investing in
multinational and domestic companies such as PepsiCo and SAVOLA, which is aiding
the market growth. Being the largest economy in the Arab world, Saudi Arabia
has favourable trade agreements that ranges from local food manufacturers to
major companies. Thus, high demand for healthier foods and continuous
advancements made in the food processing sector are expected to be the major
drivers in Saudi Arabia in the coming years.
Rising inclination towards processed
food products such as frozen bakery products, ready-to-bake, and other kinds of
processed foods among consumers are also boosting the growth of Saudi Arabia
food processing equipment market during the forecast period. Automation in
computerized food processing technology to enhance food quality, safety, speed
up process, and guarantee traceability. Hence, rising popularity of automation
machinery such as robotic butchery machine, etc. among processed food
manufacturers is supporting the adoption of food processing equipment. Government
and various food associations are encouraging investments in food processing
technology and equipment to ensure food hygiene and enhance the nutritional
benefits of food products.
Saudi Arabia food processing equipment
market is segmented into type, mode of operation, end-product form,
application, company, and geography. Based on equipment, the market is divided
into thermal equipment, mixers blenders & homogenizers, cutting &
peeling equipment, extraction equipment and others. The thermal equipment possesses the
largest market share and is expected to maintain its position in the forecast
period due to the widespread use of thermal equipment in various end-use
industries. Based on the application, the meat & poultry segment is
projected to lead the market owing to the rising demand for ready-to-eat meat
and poultry items among the working population.
Some of the leading players in the Saudi
Arabia Food Processing Equipment Market are Bucher Industries, Alfa Laval, GEA
Group, Fenco Food Machinery, Krones AG, JBT
Corporation, Rexnord Corporation,
Marel, SPX Corporation, Buhler
AG, etc.
Objective of the Study:
- To analyse and forecast the market size of Saudi
Arabia food processing equipment market, in terms of value.
- To classify and forecast Saudi Arabia food
processing equipment market based on type, mode of operation, end-product form,
application, and regional distribution.
- To identify drivers and challenges for Saudi
Arabia food processing equipment market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in Saudi
Arabia food processing equipment market.
- To conduct the pricing analysis for Saudi
Arabia food processing equipment market.
- To identify and analyse the profile of leading
manufacturers in the Saudi arabia food processing equipment market.
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TechSci Research performed both primary as well as exhaustive secondary
research for this study. Initially, TechSci Research sourced a list of Food
Processing Equipment manufacturers in Saudi Arabia. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the Food Processing Equipment
manufacturers which could not be identified due to the limitations of secondary
research. TechSci Research analysed the retailers, distribution channels and
presence of all major Food Processing Equipment manufacturers in Saudi Arabia.
TechSci
Research calculated the market size of the Saudi Arabia Food Processing Equipment Market using a bottom-up approach, where data for various product types were
recorded and forecast for the future years. TechSci Research sourced these
values from the industry experts and company representatives and externally
validated through analysing historical data of these product types and
applications for getting an appropriate, overall market size. Various secondary
sources such as company website, news articles, press releases, company annual
reports, investor presentations and financial reports were also used by TechSci
Research.
Key Target Audience:
- Food
processing equipment manufacturers
- Dealers
and suppliers
- Regulatory
organizations.
- Food
processing industries.
- Research
organizations and consulting companies
- Trade
associations
- Food
safety associations
- Market
research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as equipment manufacturers,
distributors and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
|
Attribute
|
Details
|
|
Base
Year
|
2021
|
|
Historical
Years
|
2017 –
2020
|
|
Estimated
Year
|
2022E
|
|
Forecast
Period
|
2023F –
2027F
|
|
Quantitative
Units
|
Revenue in
USD Million and CAGR for 2017-2021 and 2022E-2027F
|
|
Report
Coverage
|
Revenue forecast,
company share, competitive landscape, growth factors, and trends
|
|
Segments
Covered
|
·
Type
·
Mode of Operation
·
End-Product Form
·
Application
|
|
Region
Scope
|
Western
Region, Central Region, Southern Region, Eastern Region, Northern Region
|
|
Key Companies
Profiled
|
Bucher
Industries, Alfa Laval, GEA Group, Fenco Food Machinery, Krones AG, JBT
Corporation, Rexnord Corporation, Marel, SPX Corporation, Buhler AG.
|
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase
options
|
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, Saudi Arabia food processing equipment Market
has been segmented into following categories, in addition to the industry
trends which have also been detailed below:
- Saudi Arabia food processing
equipment Market, By Type:
- Thermal Equipment
- Mixers Blenders & Homogenizers
- Cutting & Peeling Equipment
- Extraction Equipment
- Others
- Saudi Arabia food processing
equipment Market, By Mode of Operation:
- Saudi Arabia food processing
equipment Market, By End-Product Form:
- Solid Form
- Liquid Form
- Semi-Solid Form
- Saudi Arabia food processing
equipment Market, By Application:
- Bakery & Confectionery
- Dairy
- Meat & Seafood
- Alcoholic Beverages
- Non-Alcoholic Beverage
- Others
- Saudi Arabia food processing
equipment Market, By Region:
- Northern Region
- Southern Region
- Western Region
- Eastern Region
- Central Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Food Processing Equipment Market segment.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
It is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at [email protected]