The global food sorting machines market is expected to exceed US$ 1.5 billion by 2022. Surging demand for packaged food products globally is expected to boost sales at a 5% CAGR over the assessment period, with the market size approaching US$ 2 billion by 2032.
With the growing global population and increasing pressure on the food industry to meet customer demands, the acceptance of food sorting machines is gaining popularity. The global food sorting machines market is expected to expand at a promising CAGR during the forecast period.
Optical sorting helps to improve product quality, increase yields, and maximize throughput while reducing labour costs.
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Its highly adopted in the processing of harvested foods such as fruits, potatoes, vegetables and nuts where it achieves non-destructive,100% inspection on full production volume. Since manual sorting is subjective and inconsistent, it is not preferred. One of the solutions to this dilemma is increased efficiency and waste reduction in the food supply chain. Food sorting machines offer an increase in efficiency by selectively filtering out the undesired materials from the main food. Worldwide optical sorters are being used in the food industry.
Global interest is increasing towards the quality of food consumed along with the stringent legislation on product quality and operating procedures. In the food industry, the product specification is extremely important and is one of those areas where new developments are crossing the boundaries. The food industry is under immense pressure of meeting the demands of the growing world population.
Food Sorting Machines Market: Drivers & Restraints
Growing population, rising urbanization, growing technological awareness, industrialization of emerging economies and increasing per capita income are some of the key factors driving the growth of the food sorting machines market.
Environmental Protection Agency regulations on the disposal of food waste, changing consumption patterns and smaller households are a few of the probable factors restraining the growth of the food sorting machines market.
Food Sorting Machines Market: Region-wise Outlook
The global food sorting machines market is expected to register a double-digit CAGR for the forecast period. Depending on geographic regions, the global food sorting machines market is segmented into seven key regions: North America, South America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. As of 2015, North America dominated the global food sorting machines market in terms of market revenue followed by Europe. Asia Pacific & Japan are projected to expand at a substantial growth and will contribute to the global food sorting machines market value exhibiting a robust CAGR during the forecast period, 2015-2025.
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Food Sorting Machines Market: Key Players
Some of the key market participants in the global food sorting machines market are Tomra Systems ASA, Sesotec GmbH, Buhler AG, Key Technology, BarcoVision, and Satake USA Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessments by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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