Product Code: ETC040690 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines food processing and handling equipment market is estimated to register a CAGR of 5.8% during the forecast period (2020???2026)
Expansion of the processed food industry, increasing FDI in the agro-processing sector, growth in population coupled with urbanization and rising disposable incomes are some key factors driving the demand for food processing and handling equipment market in the Philippines over the forecast period. Additionally, government initiatives such as ???Growth With Equity??? program launched by Department of Agriculture that focuses on increasing investments across various sectors including agricultural sector will further fuel the market growth through 2026
High cost associated with installation & maintenance of these machines is one major factor restraining the overall growth rate of this market throughout 2026 which can be attributed to limited availability of skilled professionals who can operate these advanced technologies along with lack of adequate infrastructure facilities that increases operational costs significantly thereby limiting its adoption among small scale manufacturers or processors who cannot bear huge infrastructural expenses resulting into low ROI leading to lower sales volume from their end hampering total revenue generation prospects across this segment over next few years.
Some leading players operating within Philippines Food Processing & Handling Equipment Market include Alfa Laval AB., B?hler AG., GEA Group Aktiengesellschaft., Marel hf., Heat And Control Inc., Marlen International Inc., Meyer Industries Inc., The Middleby Corporation among others offering technologically advanced solutions for better results at optimized prices suiting different customer needs thus creating competitive edge for themselves against current players present across this domain over last couple of decades
Presence lockdown implemented owing to covid 19 pandemic has resulted into temporary closure many businesses resulting into significant loss revenue opportunities during initial phase when compared same time frame previous year .However gradual loosening up restrictions imposed due govt bodies local authorities have allowed number companies start operations again though certain limitations order maintain social distancing reduce spread virus .This might lead little increase production rates but still remain below pre covid era levels till 2021 which eventually result decline sales volumes only reviving normalcy post 2022 consequence impacting overall industry dynamics terms both supply chain capacity utilization parameters throughout predicted timeline
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Food Processing & Handling Equipment Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Food Processing & Handling Equipment Market Revenues & Volume, 2020 & 2030F |
3.3 Philippines Food Processing & Handling Equipment Market - Industry Life Cycle |
3.4 Philippines Food Processing & Handling Equipment Market - Porter's Five Forces |
3.5 Philippines Food Processing & Handling Equipment Market Revenues & Volume Share, By Equipment Type, 2020 & 2030F |
3.6 Philippines Food Processing & Handling Equipment Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 Philippines Food Processing & Handling Equipment Market Revenues & Volume Share, By Form, 2020 & 2030F |
4 Philippines Food Processing & Handling Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Food Processing & Handling Equipment Market Trends |
6 Philippines Food Processing & Handling Equipment Market, By Types |
6.1 Philippines Food Processing & Handling Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Equipment Type, 2020-2030F |
6.1.3 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Food Processing equipment, 2020-2030F |
6.1.4 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Foodservice equipment, 2020-2030F |
6.1.5 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Food Packaging equipment, 2020-2030F |
6.2 Philippines Food Processing & Handling Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Bakery & confectionery products, 2020-2030F |
6.2.3 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Meat & poultry products, 2020-2030F |
6.2.4 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Dairy products, 2020-2030F |
6.2.5 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Alcoholic beverages, 2020-2030F |
6.2.6 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Non-alcoholic beverages, 2020-2030F |
6.2.7 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Fish & seafood products, 2020-2030F |
6.3 Philippines Food Processing & Handling Equipment Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Solid, 2020-2030F |
6.3.3 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Liquid, 2020-2030F |
6.3.4 Philippines Food Processing & Handling Equipment Market Revenues & Volume, By Semi-solid, 2020-2030F |
7 Philippines Food Processing & Handling Equipment Market Import-Export Trade Statistics |
7.1 Philippines Food Processing & Handling Equipment Market Export to Major Countries |
7.2 Philippines Food Processing & Handling Equipment Market Imports from Major Countries |
8 Philippines Food Processing & Handling Equipment Market Key Performance Indicators |
9 Philippines Food Processing & Handling Equipment Market - Opportunity Assessment |
9.1 Philippines Food Processing & Handling Equipment Market Opportunity Assessment, By Equipment Type, 2020 & 2030F |
9.2 Philippines Food Processing & Handling Equipment Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 Philippines Food Processing & Handling Equipment Market Opportunity Assessment, By Form, 2020 & 2030F |
10 Philippines Food Processing & Handling Equipment Market - Competitive Landscape |
10.1 Philippines Food Processing & Handling Equipment Market Revenue Share, By Companies, 2023 |
10.2 Philippines Food Processing & Handling Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |