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PMMI releases results of several studies at PACK EXPO Las Vegas

Focusing on the trends and drivers for key industries, PMMI, the Association for Packaging and Processing Technologies, announced several findings from three recent studies at PACK EXPO Las Vegas, which ends on Sept. 25 at the Las Vegas Convention Center.

Among the newly released reports, highlights include robust growth and buying activity for the global dairy and confectionery industries and a decrease in overall U.S. packaging machinery shipments from 2011 to 2012.

“PMMI is committed to delivering insights that help the packaging and processing supplier community better meet their customers’ needs,” said Jorge Izquierdo, vice president of market development, PMMI. “These three reports offer rich, actionable data, and we’re happy to share them at PACK EXPO, where the markets the studies discuss are so well-represented.”

Below is a sampling of topline findings from each report:

2013 Dairy Industry – A Market Assessment

Based on conversations with professionals representing 50 dairy product manufacturers, the study reports that global milk production is expected to reach 827 million tons by 2020 —19 percent over 2010 — despite a decrease in fluid milk consumption by U.S. consumers. In efforts to optimize production, 80 percent of respondents reported that they are evaluating their machine needs; 75 percent of that group plans to purchase equipment in the next 12 to 24 months. Regulatory compliance, sustainability and exploration of aseptic shelf-stable packaging formats also ranked high among trends cited by the processors.

Confectionery Trends – Market Study

Following interviews with 72 representatives of the confectionery industry, the study found that, globally, the sector is growing rapidly as middle-class consumers in emerging markets gravitate toward sophisticated, yet affordable products. According to Symphony IRI and most participating retail channels, 2012 chocolate confectionery sales in the U.S. totaled $12.5 billion, a 3.8 percent increase over 2011. Non-chocolate candy sales were at $6.9 billion, growing 6.4 percent. However, participants cited a focus on chocolate production and tempering in their measures to advance their processing operations. The overall equipment investments are expected to increase by 4 percent to 5 percent annually for the industry as a whole.

PMMI 2013 Shipments Study

The in-depth market research study provides analyses for 27 packaging machinery categories. Overall, U.S. packaging machinery shipments and consumption decreased 4 percent in 2012 as compared to 2011. Machinery imports and exports also decreased, by 3 percent and 4 percent respectively. Backlog orders of packaging machinery dollar shipments increased by 3 percent in 2012 compared to 2011.

Copies of the Confectionery and Dairy Studies are available free to PMMI members and for $3,500 to nonmembers. PMMI’s Shipments Study is available to participating PMMI members only. The Executive Summaries of these reports are available online at PMMI.org under Research and Trends.

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