Product Code: ETC040685 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Food Processing & Handling Equipment market is estimated to grow at a CAGR of around 6.6% during the forecast period 2020-2026. This growth can be attributed to increasing demand for food processing and handling equipment due to the growing processed food industry in India, changing consumer preferences towards convenience foods, and rising FDI investments in the Indian food processing sector. In addition, government initiatives such as Make in India campaign and National Mission on Food Processing are also expected to drive market growth over the forecast period.
1) Growing Processed Food Industry: The processed food industry has been rapidly growing in recent years with an increased preference towards ready-to-eat meals among consumers across various income groups leading to higher demand for efficient and automated food processing equipment.
2) Increasing FDI Investments: The Government of India has been encouraging foreign direct investments (FDI) into its country?s food processing industries which is further driving growth of the overall market for various kinds of automated machines that facilitate process automation thereby giving rise to improved yields from production processes while reducing cost per unit produced..
3) Government Initiatives: Government initiatives like Make in India Campaign, National Mission on Food Processing (NMFP), Pradhan Mantri Kisan Sampada Yojana (PMKSY), and Rashtriya Krishi Vikas Yojana (RKVY) have further boosted investment activity resulting more usage of industrial grade machinery used by processors catering different types of products across multiple sectors including dairy, meat & poultry, fruits & vegetables etc., thereby pushing forward development within this sector at rapid pace especially since 2017 onward when NMFP was launched with an aim to double farmers? income by 2022.
1) High Initial Investment Cost : Despite many advantages associated with use of advanced technologies like robotics or artificial intelligence (AI)-based systems there are some hindrances too faced by domestic players such as high initial capital investment required setting up these infrastructures along with skilled labor costs might limit their wider adoption rate amongst medium/small scale producers who may find it difficult paying upfront costs associated even though returns promised would be lucrative long term but short term complications make them less likely implement such measures without support from government bodies or other financial institutions.
2) Lack Of Skilled Labor Force : Another major challenge faced by manufacturers within this segment relates lack skilled labor force available markets able operate maintain.
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 India Food Processing & Handling Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Food Processing & Handling Equipment Market Revenues & Volume, 2020 & 2030F |
3.3 India Food Processing & Handling Equipment Market - Industry Life Cycle |
3.4 India Food Processing & Handling Equipment Market - Porter's Five Forces |
3.5 India Food Processing & Handling Equipment Market Revenues & Volume Share, By Equipment Type, 2020 & 2030F |
3.6 India Food Processing & Handling Equipment Market Revenues & Volume Share, By Application, 2020 & 2030F |
3.7 India Food Processing & Handling Equipment Market Revenues & Volume Share, By Form, 2020 & 2030F |
4 India Food Processing & Handling Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Food Processing & Handling Equipment Market Trends |
6 India Food Processing & Handling Equipment Market, By Types |
6.1 India Food Processing & Handling Equipment Market, By Equipment Type |
6.1.1 Overview and Analysis |
6.1.2 India Food Processing & Handling Equipment Market Revenues & Volume, By Equipment Type, 2020-2030F |
6.1.3 India Food Processing & Handling Equipment Market Revenues & Volume, By Food Processing equipment, 2020-2030F |
6.1.4 India Food Processing & Handling Equipment Market Revenues & Volume, By Foodservice equipment, 2020-2030F |
6.1.5 India Food Processing & Handling Equipment Market Revenues & Volume, By Food Packaging equipment, 2020-2030F |
6.2 India Food Processing & Handling Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Food Processing & Handling Equipment Market Revenues & Volume, By Bakery & confectionery products, 2020-2030F |
6.2.3 India Food Processing & Handling Equipment Market Revenues & Volume, By Meat & poultry products, 2020-2030F |
6.2.4 India Food Processing & Handling Equipment Market Revenues & Volume, By Dairy products, 2020-2030F |
6.2.5 India Food Processing & Handling Equipment Market Revenues & Volume, By Alcoholic beverages, 2020-2030F |
6.2.6 India Food Processing & Handling Equipment Market Revenues & Volume, By Non-alcoholic beverages, 2020-2030F |
6.2.7 India Food Processing & Handling Equipment Market Revenues & Volume, By Fish & seafood products, 2020-2030F |
6.3 India Food Processing & Handling Equipment Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 India Food Processing & Handling Equipment Market Revenues & Volume, By Solid, 2020-2030F |
6.3.3 India Food Processing & Handling Equipment Market Revenues & Volume, By Liquid, 2020-2030F |
6.3.4 India Food Processing & Handling Equipment Market Revenues & Volume, By Semi-solid, 2020-2030F |
7 India Food Processing & Handling Equipment Market Import-Export Trade Statistics |
7.1 India Food Processing & Handling Equipment Market Export to Major Countries |
7.2 India Food Processing & Handling Equipment Market Imports from Major Countries |
8 India Food Processing & Handling Equipment Market Key Performance Indicators |
9 India Food Processing & Handling Equipment Market - Opportunity Assessment |
9.1 India Food Processing & Handling Equipment Market Opportunity Assessment, By Equipment Type, 2020 & 2030F |
9.2 India Food Processing & Handling Equipment Market Opportunity Assessment, By Application, 2020 & 2030F |
9.3 India Food Processing & Handling Equipment Market Opportunity Assessment, By Form, 2020 & 2030F |
10 India Food Processing & Handling Equipment Market - Competitive Landscape |
10.1 India Food Processing & Handling Equipment Market Revenue Share, By Companies, 2023 |
10.2 India Food Processing & Handling Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |