Food Processing And Food Packaging Equipment Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032
- Report ID: ME_0042437
- Format: Electronic (PDF)
- Publish Type:
- Number of Pages: 250
Market Snapshot
CAGR:9.04
Source: Market Expertz
| Study Period | 2019-2032 |
| Base Year | 2023 |
| Forcast Year | 2023-2032 |
| CAGR | 9.04 |
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Report Scope:This report focuses on the global market for food processing and packing equipment. It provides an updated review of the basic design of this equipment and its applications in various segments of food processing and packing, including the following -
- Bakery.
- Beverages.
- Fruits and vegetables.
- Grains.
- Meat, fish and poultry.
- Milk.
The scope of the study is global. The global market is broken down by equipment type and by geographic region, including the Americas, Europe, the Middle East and Africa (EMEA), and Asia-Pacific (APAC).
The report includes the following chapters -
- The Summary and Highlights chapter includes an executive summary and the salient findings of the report.
- The Overview and Introduction chapter provides key definitions, assumptions and terminology associated with the food processing and packaging industry. It also provides a high-level view of the market by equipment category and by region.
- The Bakery Products chapter analyzes the market for bakery processing and packaging equipment, by equipment type and by geographic region.
- The Beverages chapter analyzes the market for beverage processing and packaging equipment, by equipment type and by geographic region.
- The Fruits and Vegetables chapter analyzes the market for fruit and vegetable processing and packaging equipment, by equipment type and by geographic region.
- The Grains analyzes the market for grain processing and packaging equipment, by equipment type and by geographic region.
- The Meat, Fish and Poultry analyzes the market for meat, fish and poultry processing and packaging equipment, by equipment type and by geographic region.
- The Milk chapter analyzes the market for milk processing and packaging equipment, by equipment type and by geographic region.
- The Country Markets chapter provides an in-depth analysis of 10 principal country markets. It also provides an analysis from the perspective of regional markets.
- The Patent Analysis chapter analyzes U.S. patents granted in areas that are relevant to food processing and food packaging.
- The Company Profiles chapter provides an overview of the food processing and packaging industry. The chapter also describes leading companies in the processing and packaging equipment domain.
Report Includes:
- 51 data tables
- An overview of the global market for food processing and packaging
- Analyses of global market trends, with data from 2017, 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Examination of the current and future trends that will impact the global market
- Coverage of classification, comparisons and usage of food processing and packaging equipments
- Description of processing and packaging equipment for milk, meat, poultry and fish, beverages, grains, fruit, vegetables, and baked goods
- Company profiles of major players in the industry including Bemis, Bosch Packaging and Technology Inc., Ecolab USA Inc., Lyco Manufacturing Inc. and Sidel Group
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of the Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Introduction
Advanced Food Processing and Packaging Technologies
Membrane Filtration
Ultrafiltration
High Hydrostatic Pressure Technology
Freeze Drying
Ultrasonic Processing
Pulsed Electric Field
Definitions
Food Processing
Types of Food Processing
Changes in Food Materials During Processing
Food Packaging
Functions of Food Packaging
Main Marketing Considerations for a Package
Food Processors' Objectives in Packaging
Packaging Materials Used in the Food Industry
Techniques of Food Packaging
Regulatory Environment in the U.S.
Primary Food Equipment Organizations in the U.S.
Packaging Regulations
Violation of, and Deviation from, Regulatory Guidelines
Regulatory Environment in the EU
Regulatory Environment in Japan
Japanese Regulatory Environment for Food Processing Equipment
Regional Analysis
Market Overview
Regional Overview: Americas
Regional Overview: EMEA
Regional Overview: APAC
Chapter 4 Processing and Packaging Equipment Markets for Bakery Products
Bakery Processing Equipment
Baking Ovens
Dough Dividers and Rounders
High-Speed Batch Mixers and Dough Mixing/Kneading Equipment
Molders
Slicers/Baggers
Others
Bakery Packaging Equipment
Plastic-Film Packing
Thermoforming
Market Analysis
Regional Analysis
Chapter 5 Processing and Packaging Equipment Markets for Beverages
Beverage Processing Equipment
Cooking Kettles
Filters
Fruit Presses/Pulpers/Juicers
Mixers
Others
Beverage Packaging Equipment
Aseptic Filling
Bottling
Canning
Cartons
Market Analysis
Regional Analysis
Chapter 6 Processing and Packaging Equipment Markets for Fruits and Vegetables
Fruit and Vegetable Processing Equipment
Abrasive Peelers, Trimmers and Deseeders
Choppers, Slicers and Dicers
Conveyor Shakers, Air Drying Conveyors and Spin-Drying Baskets
Cooking Kettles
Others
Fruit and Vegetable Packaging Equipment
Aseptic Filling
Bottling
Canning
Cartons and Pouches
FFS Packaging Machines
Market Analysis
Regional Analysis
Chapter 7 Processing and Packaging Equipment Markets for Grain
Grain Processing Equipment
Classifier Mills and Fine Grinders
Portable Grain Dryers
Purifiers
Rotary Sifters
Others
Grain Packaging Equipment
Canisters, Boxes and Other Bulk Containers
Pouch and Bag Filling
Market Analysis
Regional Analysis
Chapter 8 Processing and Packaging Equipment Markets for Meat, Fish and Poultry
Meat, Fish and Poultry Processing Equipment
Brine Injectors
Meat Washing Machines
Mincers and Meat Choppers (Bowl Cutters)
Mixers and Blenders
Pasteurizers and Sterilizers
Others
Meat, Fish and Poultry Packaging Material and Equipment
Aseptic Packaging
Plastic Film Packaging
Vacuum Bags
Others
Market Analysis
Regional Analysis
Chapter 9 Processing and Packaging Equipment Markets for Milk
Milk Processing Equipment
Batch and Holding Plants
Homogenizers
HTST Plant or Flash Pasteurizers
Others
Milk Packaging Equipment
Aseptic Filling
Cartons
Bottling
Market Analysis
Regional Analysis
Chapter 10 Processing and Packaging Equipment Markets by Country
Overview of the Americas Market
Overview of the EMEA Market
Overview of APAC Market
Market by Country: The U.S.
Macroeconomic Characteristics
Market Observations
Market by Country: Brazil
Macroeconomic Characteristics
Market Observations
Market by Country: Canada
Macroeconomic Characteristics
Market Observations
Market by Country: Germany
Macroeconomic Characteristics
Market Observations
Market by Country: The U.K.
Macroeconomic Characteristics
Market Observations
Market by Country: France
Macroeconomic Characteristics
Market Observations
Market by Country: Italy
Macroeconomic Characteristics
Market Observations
Market by Country: China
Macroeconomic Characteristics
Market Observations
Market by Country: Japan
Macroeconomic Characteristics
Market Observations
Market by Country: India
Macroeconomic Characteristics
Market Observations
Chapter 11 Patent Analysis
Introduction
Trends by Functional Category
Trends by Year
Trends by Country
Trends by Assignee
Chapter 12 Company Profiles
Overview of the Food Processing and Packaging Landscape
ADELPHI MASTERFIL LTD.
AGFA GRAPHICS NV
AMF BAKERY SYSTEMS
ANKO FOOD MACHINE CO. LTD.
ATLAS PACIFIC ENGINEERING CO. INC.
BAADER GMBH & CO. KG
BAKER PERKINS LTD.
BEMIS
BETTCHER INDUSTRIES INC.
BOSCH PACKAGING TECHNOLOGY INC.
BRADMAN LAKE LTD.
BRIGGS OF BURTON PLC
BUHLER AG
CFR INC.
CIMBRIA A/S
COESIA SPA
CTB INC.
DOVER CORP.
ECOLAB USA INC.
EDL PACKAGING ENGINEERS INC.
FRONTMATEC
GEA GROUP
GPE PROCESS EQUIPMENT INC.
GRAPHIC PACKAGING HOLDING CO.
HAAS FOOD EQUIPMENT GMBH
HAVER AND BOECKER OHG
HEAT AND CONTROL INC.
ILLINOIS TOOL WORKS INC.
ISHIDA CO. LTD.
JOHN BEAN TECHNOLOGIES CORP.
KEY TECHNOLOGY INC.
KHS GMBH
KRONES AG
LYCO MANUFACTURING INC.
MAREL
MAVERICK TECHNOLOGIES
MEYN FOOD PROCESSING TECHNOLOGY BV
MIDDLEBY CORP.
MULTIVAC INC.
OSAW AGRO INDUSTRIES PVT. LTD.
PIGO SRL
PRATER INDUSTRIES INC.
READING BAKERY SYSTEMS
RHEON AUTOMATIC MACHINERY CO. LTD.
SATAKE CORP.
SEALED AIR CORP.
SIDEL GROUP
SOLBERN
SPX FLOW INC.
TETRA PAK
TOYO SEIKAN KAISHA LTD.
TROMP BAKERY EQUIPMENT
VANMARK EQUIPMENT LLC
WELBILT
WENGER MANUFACTURING INC.
List of Tables
Summary Table : Global Market for Food Processing and Packaging Equipment, by Type, Through 2023
Table 1 : Materials Used for Food Packaging
Table 2 : Global Market for Food Processing Equipment, by Type, Through 2023
Table 3 : Global Market for Food Packaging Equipment, by Type, Through 2023
Table 4 : Global Market for Food Processing Equipment, by Region, Through 2023
Table 5 : Global Market for Food Packaging Equipment, by Region, Through 2023
Table 6 : Global Market for Bakery Processing Equipment, by Type, Through 2023
Table 7 : Global Market for Bakery Packaging Equipment, by Type, Through 2023
Table 8 : Global Market for Bakery Processing Equipment, by Region, Through 2023
Table 9 : Global Market for Bakery Packaging Equipment, by Region, Through 2023
Table 10 : Global Market for Beverage Processing Equipment, by Type, Through 2023
Table 11 : Global Market for Beverage Packaging Equipment, by Type, Through 2023
Table 12 : Global Market for Beverage Processing Equipment, by Region, Through 2023
Table 13 : Global Market for Beverage Packaging Equipment, by Region, Through 2023
Table 14 : Global Market for Fruit and Vegetable Processing Equipment, by Type, Through 2023
Table 15 : Global Market for Fruit and Vegetable Packaging Equipment, by Type, Through 2023
Table 16 : Global Market for Fruit and Vegetable Processing Equipment, by Region, Through 2023
Table 17 : Global Market for Fruit and Vegetable Packaging Equipment, by Region, Through 2023
Table 18 : Global Market for Grain Processing Equipment, by Type, Through 2023
Table 19 : Global Market for Grain Packaging Equipment, by Type, Through 2023
Table 20 : Global Market for Grain Processing Equipment, by Region, Through 2023
Table 21 : Global Market for Grain Packaging Equipment, by Region, Through 2023
Table 22 : Global Market for Meat, Fish and Poultry Processing Equipment, by Type, Through 2023
Table 23 : Global Market for Meat, Fish and Poultry Packaging Equipment, by Type, Through 2023
Table 24 : Global Market for Meat, Fish and Poultry Processing Equipment, by Region, Through 2023
Table 25 : Global Market Revenue of Meat, Fish and Poultry Packaging Equipment, by Region, Through 2023
Table 26 : Global Market for Milk Processing Equipment, by Type, Through 2023
Table 27 : Global Market for Milk Packaging Equipment, by Type, Through 2023
Table 28 : Global Market for Milk Processing Equipment, by Region, Through 2023
Table 29 : Global Market for Milk Packaging Equipment, by Region, Through 2023
Table 30 : Americas Market for Food Processing Equipment, by Type, Through 2023
Table 31 : Americas Market for Food Packaging Equipment, by Type, Through 2023
Table 32 : EMEA Market for Food Processing Equipment, by Type, Through 2023
Table 33 : EMEA Market for Food Packaging Equipment, by Type, Through 2023
Table 34 : APAC Market for Food Processing Equipment, by Type, Through 2023
Table 35 : APAC Markets for Food Packaging Equipment, by Type, Through 2023
Table 36 : U.S. Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 37 : Brazilian Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 38 : Canadian Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 39 : German Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 40 : U.K. Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 41 : French Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 42 : Italian Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 43 : Chinese Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 44 : Japanese Market for Food Processing and Food Packaging, by Type, Through 2023
Table 45 : Indian Market for Food Processing and Food Packaging, by Type, Through 2023
Table 46 : U.S. Patents on Food Processing and Food Packaging, by Patent Category, 2010 Through July 2018
Table 47 : U.S. Patents Granted on Food Processing and Food Packaging, by Year, 2010 Through July 2018
Table 48 : U.S. Patent Shares of Food Processing and Food Packaging, by Assignee's Country, 2010 Through July 2018
Table 49 : U.S. Assignees of Patents on Food Processing and Food Packaging, 2010 Through July 2018
Table 50 : Assignees of Three or More U.S. Patents on Food Processing and Food Packaging, 1976 Through July 2018
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of the Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
Introduction
Advanced Food Processing and Packaging Technologies
Membrane Filtration
Ultrafiltration
High Hydrostatic Pressure Technology
Freeze Drying
Ultrasonic Processing
Pulsed Electric Field
Definitions
Food Processing
Types of Food Processing
Changes in Food Materials During Processing
Food Packaging
Functions of Food Packaging
Main Marketing Considerations for a Package
Food Processors' Objectives in Packaging
Packaging Materials Used in the Food Industry
Techniques of Food Packaging
Regulatory Environment in the U.S.
Primary Food Equipment Organizations in the U.S.
Packaging Regulations
Violation of, and Deviation from, Regulatory Guidelines
Regulatory Environment in the EU
Regulatory Environment in Japan
Japanese Regulatory Environment for Food Processing Equipment
Regional Analysis
Market Overview
Regional Overview: Americas
Regional Overview: EMEA
Regional Overview: APAC
Chapter 4 Processing and Packaging Equipment Markets for Bakery Products
Bakery Processing Equipment
Baking Ovens
Dough Dividers and Rounders
High-Speed Batch Mixers and Dough Mixing/Kneading Equipment
Molders
Slicers/Baggers
Others
Bakery Packaging Equipment
Plastic-Film Packing
Thermoforming
Market Analysis
Regional Analysis
Chapter 5 Processing and Packaging Equipment Markets for Beverages
Beverage Processing Equipment
Cooking Kettles
Filters
Fruit Presses/Pulpers/Juicers
Mixers
Others
Beverage Packaging Equipment
Aseptic Filling
Bottling
Canning
Cartons
Market Analysis
Regional Analysis
Chapter 6 Processing and Packaging Equipment Markets for Fruits and Vegetables
Fruit and Vegetable Processing Equipment
Abrasive Peelers, Trimmers and Deseeders
Choppers, Slicers and Dicers
Conveyor Shakers, Air Drying Conveyors and Spin-Drying Baskets
Cooking Kettles
Others
Fruit and Vegetable Packaging Equipment
Aseptic Filling
Bottling
Canning
Cartons and Pouches
FFS Packaging Machines
Market Analysis
Regional Analysis
Chapter 7 Processing and Packaging Equipment Markets for Grain
Grain Processing Equipment
Classifier Mills and Fine Grinders
Portable Grain Dryers
Purifiers
Rotary Sifters
Others
Grain Packaging Equipment
Canisters, Boxes and Other Bulk Containers
Pouch and Bag Filling
Market Analysis
Regional Analysis
Chapter 8 Processing and Packaging Equipment Markets for Meat, Fish and Poultry
Meat, Fish and Poultry Processing Equipment
Brine Injectors
Meat Washing Machines
Mincers and Meat Choppers (Bowl Cutters)
Mixers and Blenders
Pasteurizers and Sterilizers
Others
Meat, Fish and Poultry Packaging Material and Equipment
Aseptic Packaging
Plastic Film Packaging
Vacuum Bags
Others
Market Analysis
Regional Analysis
Chapter 9 Processing and Packaging Equipment Markets for Milk
Milk Processing Equipment
Batch and Holding Plants
Homogenizers
HTST Plant or Flash Pasteurizers
Others
Milk Packaging Equipment
Aseptic Filling
Cartons
Bottling
Market Analysis
Regional Analysis
Chapter 10 Processing and Packaging Equipment Markets by Country
Overview of the Americas Market
Overview of the EMEA Market
Overview of APAC Market
Market by Country: The U.S.
Macroeconomic Characteristics
Market Observations
Market by Country: Brazil
Macroeconomic Characteristics
Market Observations
Market by Country: Canada
Macroeconomic Characteristics
Market Observations
Market by Country: Germany
Macroeconomic Characteristics
Market Observations
Market by Country: The U.K.
Macroeconomic Characteristics
Market Observations
Market by Country: France
Macroeconomic Characteristics
Market Observations
Market by Country: Italy
Macroeconomic Characteristics
Market Observations
Market by Country: China
Macroeconomic Characteristics
Market Observations
Market by Country: Japan
Macroeconomic Characteristics
Market Observations
Market by Country: India
Macroeconomic Characteristics
Market Observations
Chapter 11 Patent Analysis
Introduction
Trends by Functional Category
Trends by Year
Trends by Country
Trends by Assignee
Chapter 12 Company Profiles
Overview of the Food Processing and Packaging Landscape
ADELPHI MASTERFIL LTD.
AGFA GRAPHICS NV
AMF BAKERY SYSTEMS
ANKO FOOD MACHINE CO. LTD.
ATLAS PACIFIC ENGINEERING CO. INC.
BAADER GMBH & CO. KG
BAKER PERKINS LTD.
BEMIS
BETTCHER INDUSTRIES INC.
BOSCH PACKAGING TECHNOLOGY INC.
BRADMAN LAKE LTD.
BRIGGS OF BURTON PLC
BUHLER AG
CFR INC.
CIMBRIA A/S
COESIA SPA
CTB INC.
DOVER CORP.
ECOLAB USA INC.
EDL PACKAGING ENGINEERS INC.
FRONTMATEC
GEA GROUP
GPE PROCESS EQUIPMENT INC.
GRAPHIC PACKAGING HOLDING CO.
HAAS FOOD EQUIPMENT GMBH
HAVER AND BOECKER OHG
HEAT AND CONTROL INC.
ILLINOIS TOOL WORKS INC.
ISHIDA CO. LTD.
JOHN BEAN TECHNOLOGIES CORP.
KEY TECHNOLOGY INC.
KHS GMBH
KRONES AG
LYCO MANUFACTURING INC.
MAREL
MAVERICK TECHNOLOGIES
MEYN FOOD PROCESSING TECHNOLOGY BV
MIDDLEBY CORP.
MULTIVAC INC.
OSAW AGRO INDUSTRIES PVT. LTD.
PIGO SRL
PRATER INDUSTRIES INC.
READING BAKERY SYSTEMS
RHEON AUTOMATIC MACHINERY CO. LTD.
SATAKE CORP.
SEALED AIR CORP.
SIDEL GROUP
SOLBERN
SPX FLOW INC.
TETRA PAK
TOYO SEIKAN KAISHA LTD.
TROMP BAKERY EQUIPMENT
VANMARK EQUIPMENT LLC
WELBILT
WENGER MANUFACTURING INC.
List of Tables
Summary Table : Global Market for Food Processing and Packaging Equipment, by Type, Through 2023
Table 1 : Materials Used for Food Packaging
Table 2 : Global Market for Food Processing Equipment, by Type, Through 2023
Table 3 : Global Market for Food Packaging Equipment, by Type, Through 2023
Table 4 : Global Market for Food Processing Equipment, by Region, Through 2023
Table 5 : Global Market for Food Packaging Equipment, by Region, Through 2023
Table 6 : Global Market for Bakery Processing Equipment, by Type, Through 2023
Table 7 : Global Market for Bakery Packaging Equipment, by Type, Through 2023
Table 8 : Global Market for Bakery Processing Equipment, by Region, Through 2023
Table 9 : Global Market for Bakery Packaging Equipment, by Region, Through 2023
Table 10 : Global Market for Beverage Processing Equipment, by Type, Through 2023
Table 11 : Global Market for Beverage Packaging Equipment, by Type, Through 2023
Table 12 : Global Market for Beverage Processing Equipment, by Region, Through 2023
Table 13 : Global Market for Beverage Packaging Equipment, by Region, Through 2023
Table 14 : Global Market for Fruit and Vegetable Processing Equipment, by Type, Through 2023
Table 15 : Global Market for Fruit and Vegetable Packaging Equipment, by Type, Through 2023
Table 16 : Global Market for Fruit and Vegetable Processing Equipment, by Region, Through 2023
Table 17 : Global Market for Fruit and Vegetable Packaging Equipment, by Region, Through 2023
Table 18 : Global Market for Grain Processing Equipment, by Type, Through 2023
Table 19 : Global Market for Grain Packaging Equipment, by Type, Through 2023
Table 20 : Global Market for Grain Processing Equipment, by Region, Through 2023
Table 21 : Global Market for Grain Packaging Equipment, by Region, Through 2023
Table 22 : Global Market for Meat, Fish and Poultry Processing Equipment, by Type, Through 2023
Table 23 : Global Market for Meat, Fish and Poultry Packaging Equipment, by Type, Through 2023
Table 24 : Global Market for Meat, Fish and Poultry Processing Equipment, by Region, Through 2023
Table 25 : Global Market Revenue of Meat, Fish and Poultry Packaging Equipment, by Region, Through 2023
Table 26 : Global Market for Milk Processing Equipment, by Type, Through 2023
Table 27 : Global Market for Milk Packaging Equipment, by Type, Through 2023
Table 28 : Global Market for Milk Processing Equipment, by Region, Through 2023
Table 29 : Global Market for Milk Packaging Equipment, by Region, Through 2023
Table 30 : Americas Market for Food Processing Equipment, by Type, Through 2023
Table 31 : Americas Market for Food Packaging Equipment, by Type, Through 2023
Table 32 : EMEA Market for Food Processing Equipment, by Type, Through 2023
Table 33 : EMEA Market for Food Packaging Equipment, by Type, Through 2023
Table 34 : APAC Market for Food Processing Equipment, by Type, Through 2023
Table 35 : APAC Markets for Food Packaging Equipment, by Type, Through 2023
Table 36 : U.S. Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 37 : Brazilian Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 38 : Canadian Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 39 : German Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 40 : U.K. Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 41 : French Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 42 : Italian Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 43 : Chinese Market for Food Processing and Food Packaging Equipment, by Type, Through 2023
Table 44 : Japanese Market for Food Processing and Food Packaging, by Type, Through 2023
Table 45 : Indian Market for Food Processing and Food Packaging, by Type, Through 2023
Table 46 : U.S. Patents on Food Processing and Food Packaging, by Patent Category, 2010 Through July 2018
Table 47 : U.S. Patents Granted on Food Processing and Food Packaging, by Year, 2010 Through July 2018
Table 48 : U.S. Patent Shares of Food Processing and Food Packaging, by Assignee's Country, 2010 Through July 2018
Table 49 : U.S. Assignees of Patents on Food Processing and Food Packaging, 2010 Through July 2018
Table 50 : Assignees of Three or More U.S. Patents on Food Processing and Food Packaging, 1976 Through July 2018
RESEARCH METHODOLOGY
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Secondary Research Model
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Primary Insights
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
Market Estimation
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
Final Presentation
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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