Food Sorting Machines Market Size Reaching Close To US$ 2 Bn By 2032 | FMI
By 2022, the global market for food sorting machines is expected to exceed US$ 1.5 billion. Global demand for packaged food products is expected to grow at a 5% CAGR during the assessment period, with the market approaching US$ 2 billion by 2032.
Food sorting machines are becoming more popular as the world’s population grows and the food industry faces increased pressure to meet customer demands. The global food sorting machines market is expected to expand at a promising CAGR during the forecast period.
Optical sorting improves product quality, increases yields, and increases throughput while lowering 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.
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.
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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.
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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.