Demand For Food Processing Technology In Asia Boosts Global Market

Thursday, September 1st, 2016 | 571 Views

Increased global demand for food processing machinery comes from China, India and Saudi Arabia’s growing markets.

The Asia Pacific (APAC) food processing machinery market was worth more than US$16 billion last year, and is expected to reach US$25 billion by 2020. Its CAGR of nine percent places it on a faster growth track than the rest of the world.

“One of the factors boosting market growth is the demand for processed foods in countries such as China, India, and Saudi Arabia due to hectic lifestyles and rise in disposable income in these countries,” said Sharan Raj, lead packaging research analyst at Technavio in a report on the segment.

Increased demand for dairy products, concerns over food safety and the need for automation were also factors contributing to market growth.

Major revenue contributor China represents APAC’s biggest market for equipment. Increased demand for processed foods in the region’s developing nations is also predicted to push manufacturers into expanding their operations and invest in additional manufacturing.

A shift in dietary habits and rising disposable income is also expected to bolster demand for processed foods and costly non-staple items such as chocolate. In addition, advancements in automation should make the processing of basic foods such as grains, fruits, vegetables and nuts more efficient.

The report also found that the global food processing machinery market has seen increased demand for High Pressure Processing (HPP) technology over conventional thermal pasteurisation, in terms of resultant microbiological quality of food.

Such technology can eliminate micro-organisms in food products by subjecting them to pressures ranging from 60,000 psi to 87,000 psi, helping to preserve the natural freshness of food products without eliminating nutrients, colour, or flavour.

HPP technology has great potential to enable food manufacturers to innovate and bring value-added products to the market, even though initial cost of machinery is high and mostly suitable for high-value niche products.

Stringent food processing regulations and lower profit margins are forcing processed food manufacturers, which are demanding greater energy efficiency, automation and inspection systems, to improve efficiency by investing in advanced food processing machineries and larger processing plants.

“Simultaneous processing involves the processing of ingredients in different machineries and offers advantages such as reduced wastage, consistency, and reduction in manufacturing costs,” added Mr Sharan.

In addition, the report identified growing demand for technologies that can offer reliable performance, robustness, a high degree of efficiency, ease of installation and low maintenance.