Posted by admin on 27th January 2012

It Slices, Dices, Bottles, Cans and Ices. A New Collection of Commercial Food Machinery Manufacturing Reports from IBISWorld

IBISWorld Market Research

(PRWEB) October 11, 2011

Commercial food product machinery manufacturing generated over billion in 2011. A number of consumer and environmental trends, as well as a pickup in consumer spending on processed food items, will lead to growing revenue for industry’s best companies. New technology and food safety concerns will continue to influence businesses investing in new machinery.

Moreover, as consumers spending begins to recover demand for food machinery from key downstream sectors will boom. According to IBISWorld revenue from the largest food manufacturing industry – meat, beef & poultry processing – will expand by 5.5% in 2012. The entire food manufacturing sector – 22 individual industries in all – will grow by 3.1 in 2012 to 3 billion. According to Industry Analyst Josh McBee “to meet the expected pickup in sales companies have started to invest in machinery through 2011 and will continue to do so over 2012. With food input costs rising, many food and beverage producers are seeking new machinery as a way to increase productivity and remain competitive against manufacturers in Asia and Europe. Most major food machinery companies invest heavily in R&D efforts.”

Another positive for the machinery manufacturers is that input prices are moderating. Manufacturers of commercial food machinery are highly sensitive to the price of steel, a major input in the manufacturing process. McBee adds “that while profit margins are relatively good for industrial machinery manufacturing, margins have been hit in recent years by buoyant steel prices. After two years of rising rapidly, the price of steel is projected to trend down in 2012 due to softer demand worldwide. This reversal of recent trends is partially due to a slower than expected recovery in the US economy. Nonetheless, while steel prices may ebb in the short term, the longer term trajectory is upwards. This puts more pressure on companies to innovate or lose market share.”

IBISWorld’s new collections include in-depth studies on the following commercial food machinery industries:

    Food Peeling & Slicing Machinery Manufacturing
    Bottling Machinery Manufacturing
    Batch Frying Machine Manufacturing
    Fruit Juice Extractor Manufacturing
    Canning Machinery Manufacturing
    Commercial Oven Manufacturing
    Commercial Freeze Dry Machinery Manufacturing
    Food Roasting Equipment Manufacturing
    Advanced Meat Recovery Machinery Manufacturing
    Pasteurizing Equipment Manufacturing
    Beverage Distilling Equipment Manufacturing
    Food Dehydrating Equipment Manufacturing
    Food Sieves & Screening Equipment Manufacturing
    Ice Cream Making Machinery Manufacturing
    Ice Making Machine Manufacturing
    Milking Machines Manufacturing

Major companies covered in these reports include: Illinois Tool Works, JBT Corporation, Manitowoc, SPX Corporation, Vulcan, BFD Corporation, APACKS, SWECO, Scotsman Group, Commercial Dehydrator Systems Inc. and Waring amongst others.

All reports can be viewed at IBISWorld’s Commercial Food Machinery Manufacturing page

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Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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