The Southeast Asia food processing equipment market size was valued at $993.90 million in 2017 and is projected to reach $1,434.89 million by 2025, growing at a CAGR of 4.7% from 2018 to 2025. Food processing machines are meant for manufacturing high-quality food with enhanced taste and increased shelf life. These are also responsible for packaging of different food items such as baked foods, confectionaries, beverages, dairy, meat, poultry, seafood, and others.
Food processing machinery buyers demand the equipment to be loaded with the latest technology and offering high processing capacity with international hygiene & quality standards. The demand for processed food items has increased globally due to a change in food habits and preferences. Moreover, growth in the food processing industry has provided opportunities for new players to enter the market with innovative products offering higher output and better results.
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The leading players in the Southeast Asia market have focused on product launch, business expansion, and acquisition as their key strategies to gain a significant share in the market. The key players profiled in the report include Alfa Laval AB, Auto Kinetics (M) Sdn Bhd, Baader Group, Bucher Industries AG, Buhler AG, Emura Food Machine Co., Ltd., Euroasia Food Equipment Sdn Bhd, GEA Group AG, Gold Peg International Pty Ltd, Heat and Control Inc., Keto Agricultural Engineering Sdn. Bhd., Key Technology Inc, Krones AG, Marel HF, Marlen International, Inc., Nichimo International Inc., Paul Mueller Company, Tetra Pak International S.A., The Middleby Corporation, Topsteel Holdings Pte Ltd, and Yanagiya Machinery Co., Ltd.