[248 Pages Report] The cup filling machines market is estimated at US$ 1.6 Bn in 2022 and is projected to reach US$ 2.2 Bn by 2029, at a CAGR of 4.6% from 2022 to 2029. The global cup filling machines market is projected to witness an average yearly growth of 4% through 2029. The considerable growth in cup filling machines market is majorly driven by rising consumption of dairy products and technological advancement associated with packaging machinery. Exceptional efficiency of cup filling machines is promoting their popularity among food manufacturers and suppliers.
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Expansion of the packaged food sector is particularly creating opportunity for cup filling machines manufacturers, attributing to their abilities to efficiently sealing and labelling the cups. This feature is likely to accelerate the demand for cup filling machines across the globe during 2022 – 2029.
Key Takeaways – Cup Filling Machines Market Study
- Rapid expansion of the food industry and considerable upgradation of packaging machinery are factors that reinforce market growth of cup filling machines, worldwide.
- The food industry has been recognised as key end users for cup filling machines, as this industry is witnessing a consistent demand for cup filling machines to fill and seal various food products such as dairy products, bakery & confectionary, and ready-to-eat meals.
- Moreover, widespread trend of working with less to create more, especially in the food packaging sector is contributing significantly to the growth of the cup filling machines market.
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- Rotary cup filling machines are likely to remain prominent in the global cup filling machines market in next ten years.
- Automatic and semi-automatic cup filling machines are experiencing a soaring demand in the market. The capability of these advanced cup filling machines to facilitate the whole cup filling procedure with less interference of humans is enhancing market growth considerably.
Rising automation for high-speed packaging is one of the prime factors that continues to promote the growth of cup filling machines market. Furthermore, the demand for cup filling machines is anticipated to touch a new level in upcoming years as food product suppliers and manufacturers are focusing to raise production bars.
Europe and South Asia Emerging as Lucrative Investment Pockets
Over the past several years, the food and beverages industry has witnessed the astonishing growth in regions such as European and South Asian countries. Leading cup filling machines manufacturers are targeting these regions to capture a prominent market share. Top milk producing countries such as India, France, and Germany continue to create enormous opportunities for cup filling machines manufacturers that are seeking a stronger foothold in these regions as well as at a global level. Consistently increasing rate of cup filling machinery installations in these economies will drive the market growth in the near future.
- For instance, on June 6, 2022, NHM Machinery, one of the cup fill machines manufacturers installed CFM 2L automatic cup filling machines in Boeren Van Amstel dairy processing plant in the Netherlands.
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Learn More About Cup Filling Machines Market Report
Future Market Insights, in its new offering, offers an unbiased analysis of the global cup filling machines market, analyzing historical demand from 2014-2018 and forecast statistics for 2022-2029. The study unravels growth projections on the cup filling machines market on the basis of machine Type (rotary, linear), technology (automatic, semi-automatic and manual), capacity (Below 1000/Hr, 1001 to 3000/Hr, 3001 to 6000/Hr and above 6000/Hr) and end use (Food, beverage and others), across the seven major regions.