Increased preference toward processed food, rise in disposable income, and pressing need to replace old equipment drive the growth of the Southeast Asia food processing equipment market. However, high cost of machines and stringent regulations & international quality standards hamper the market growth. On the contrary, surge in demand for processed quality food across several developed Southeast Asian countries is expected to create lucrative opportunities for the market players in the near future.
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Major market players
The key players analyzed in the report include Alfa Laval AB, Baader Group, Buhler AG, Euroasia Food Equipment Sdn Bhd, Gold Peg International Pty Ltd, Keto Agricultural Engineering Sdn. Bhd., Krones AG, Marlen International, Inc., Paul Mueller Company, The Middleby Corporation, Yanagiya Machinery Co., Ltd., Auto Kinetics (M) Sdn Bhd, Bucher Industries AG, Emura Food Machine Co., Ltd., GEA Group AG, Heat and Control Inc., Key Technology Inc., Marel HF, Nichimo International Inc., Tetra Pak International S.A., and Topsteel Holdings Pte Ltd.
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