The Food processing equipment market size was USD 50.80 billion in 2022. Covid-19's impacts have been unprecedented and staggering on a global scale, with the pandemic leading to positive demand shocks for the Food processing equipment market across all domains and regions. Between 2023 and 2031, the market is projected to grow at a CAGR of 4.2% from USD 46.8 billion in 2021 to USD 68.7 billion in 2031. The sudden rise in CAGR is attributed to this market growth returning to the pre-pandemic level once the pandemic is over.
The food processing equipment market refers to the industry that manufactures and supplies equipment used for processing and packaging food products. This equipment includes a wide range of machinery, such as mixers, blenders, slicers, cutters, fillers, and packaging machines, among others.
The food processing equipment market has been growing steadily over the years, driven by factors such as increasing demand for processed and packaged foods, growing awareness about food safety and hygiene, and advancements in technology that have made food processing more efficient and cost-effective.
The market can be segmented based on the type of equipment, application, and geography. Types of food processing equipment include thermal processing equipment, mixing and blending equipment, cutting and slicing equipment, and refrigeration and freezing equipment, among others. Applications of food processing equipment include meat and poultry processing, dairy processing, bakery and confectionery processing, and beverage processing.
The food processing equipment market is highly competitive, with a large number of players operating globally. Some of the key players in the market include Bühler Group, GEA Group, Tetra Pak International S.A., and Alfa Laval AB, among others. The market is also characterized by high levels of innovation, with companies constantly developing new and advanced equipment to meet the evolving needs of the food processing industry.
Rising disposable income leading to increasing demand for processed food:
In this case, the driver is rising disposable income leading to increasing demand for processed food. As disposable incomes of individuals increase, they tend to spend more on convenience and processed foods. These foods are usually ready-to-eat or require minimal preparation, and are often packaged for longer shelf life.
This trend has led to a surge in demand for food processing equipment that can handle the processing and packaging of various types of processed foods. For example, equipment such as fillers, packaging machines, and thermal processing equipment are increasingly being used to process and package a wide range of convenience foods, including frozen meals, ready-to-eat snacks, and canned foods.
Increasing Automation in Food and Beverage Processing:
The trend of increasing automation in food and beverage processing refers to the growing use of automated systems and machines in the food and beverage industry to increase efficiency, reduce costs, and improve product quality.
Automation in food and beverage processing can take many forms, from simple conveyor belts and sensors to complex robotic systems and artificial intelligence (AI)-driven machines. This trend is driven by various factors, including the need for increased productivity, improved food safety and quality, and a shortage of skilled labor in the industry.
One example of automation in food and beverage processing is the use of automated filling and packaging machines. These machines can fill and package products quickly and accurately, reducing the need for manual labor and increasing efficiency. Another example is the use of sensors and data analytics to monitor food processing and ensure consistent quality and safety.
Moreover, robotic systems are being increasingly used in food and beverage processing, such as autonomous mobile robots (AMRs) and collaborative robots (cobots). These robots can perform tasks such as ingredient handling, sorting, and packaging, and can work alongside human workers in a safe and efficient manner.
Market Restraining Factors:
High cost of food processing equipment remains a longstanding challenge for small and medium sized food processors:
Food processing equipment can be expensive to purchase, install, and maintain, which can make it difficult for smaller players in the industry to invest in the latest technology and equipment. The cost of equipment can also be a barrier to entry for new players, leading to limited competition and innovation in the market.
In addition to the cost of equipment, other factors such as regulatory compliance, lack of skilled labor, and limited access to financing can also be barriers to investment in food processing equipment.
Furthermore, smaller food processors may not have the resources or expertise to effectively operate and maintain the equipment, leading to a higher risk of equipment breakdowns and downtime, which can impact productivity and profitability.
The Food Processing Equipment market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the Food Processing Equipment market.
Scope of Food Processing Equipment Market Report:
A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Food Processing Equipment Market. On the basis of historic growth analysis and current scenario of Food Processing Equipment market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Food Processing Equipment market. This further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Food Processing Equipment market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Food Processing Equipment market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.
The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
Food Processing Equipment Market Players Analysis:
The following is a list of companies that have been profiled in the Food processing equipment market report:
• Anko Food Machine
• BAADER Group
• Tomra Systems
• Bühler AG
• GEA Group Aktiengesellschaft
• The Middleby Corporation
• Tetra Laval International S.A.
• Alfa Laval
• Krones AG
• JBT Corporation
• SPX Flow Inc.
• Equipamientos Cárnicos, S.L. (MAINCA)
• FENCO Food Machinery s.r.l.
• Bigtem Makine A.S.
• TNA Australia Pty Limited
Food Processing Equipment Market Players & Competitor Analysis:
The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2023-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Food Processing Equipment Market Segmentation Analysis:
By Mode of Operation
Automatic Food Processing Equipment: Automatic food processing equipment refers to equipment that is fully automated and does not require manual intervention during operation. These machines are capable of handling large volumes of raw materials and can perform complex processing and packaging tasks with a high degree of precision and speed.
Some examples of automatic food processing equipment include automatic filling and packaging machines, automated cutting and slicing machines, and robotic systems. Automatic equipment can help food processors to increase efficiency, reduce labor costs, and improve product consistency.
Semi-Automatic Food Processing Equipment: Semi-automatic food processing equipment refers to equipment that requires some manual intervention during operation, but still automates some parts of the process. These machines are often used in small to medium-sized food processing facilities and can be more cost-effective than fully automatic equipment.
By Equipment Type
Processing Equipment: Processing equipment refers to equipment used in the main processing stage of food production, such as cooking, mixing, blending, and packaging. These machines are used to convert raw materials into finished products and can range from simple machines to complex systems.
Examples of processing equipment include mixers, grinders, cookers, ovens, fryers, filling and packaging machines, and thermal processing equipment like pasteurizers and sterilizers.
Pre-Processing Equipment: Pre-processing equipment refers to equipment used in the initial stages of food production, such as cleaning, sorting, and grading of raw materials. Pre-processing equipment is designed to remove any unwanted elements from raw materials, such as dirt, debris, or foreign objects, before the main processing stage begins.
Examples of pre-processing equipment include washing machines, sorting and grading machines, peeling machines, and trimming machines.
Bakery & Confectionaries: This application segment includes equipment used in the production of baked goods, cakes, cookies, pastries, and other confectionery products. Examples of equipment used in this segment include mixers, ovens, dough handling equipment, and packaging machines.
Meat, Poultry, & Seafood: This segment includes equipment used in the processing of meat, poultry, and seafood products, such as grinders, slicers, de-boning machines, packaging machines, and thermal processing equipment like smokers and cookers.
Beverage: This segment includes equipment used in the production of various beverages, such as bottling machines, canning machines, carbonation equipment, and pasteurizers.
Dairy: This segment includes equipment used in the production of dairy products, such as milk, cheese, yogurt, and butter. Examples of equipment used in this segment include separators, homogenizers, pasteurizers, and filling machines.
Fruit, Nut, & Vegetable: This segment includes equipment used in the processing of fruits, nuts, and vegetables, such as washers, slicers, peelers, and packaging machines.
Grains: This segment includes equipment used in the processing of various grains, such as milling machines, mixing machines, and packaging machines.
Other: This segment includes equipment used in the processing of other food products, such as snacks, sauces, dressings, and pet food.
Here are some regional snapshots of the Food processing equipment market:
North America: North America is a major market for food processing equipment, driven by factors such as a growing demand for processed food, increasing adoption of automation in food processing, and the presence of several large food processing companies in the region. The United States is the largest market in this region, followed by Canada.
Europe: Europe is another significant market for food processing equipment, with factors such as strict food safety regulations and a well-established food processing industry driving growth. Germany, France, and the United Kingdom are the largest markets in this region.
Asia Pacific: Asia Pacific is a rapidly growing market for food processing equipment, driven by factors such as a large population, rising disposable incomes, and changing food consumption patterns. China, India, Japan, and Australia are the major markets in this region.
Latin America: Latin America is a growing market for food processing equipment, with factors such as a growing population, increasing urbanization, and a rising demand for convenience food driving growth. Brazil and Mexico are the largest markets in this region.
Middle East & Africa: The Middle East & Africa is a developing market for food processing equipment, with factors such as a growing population, increasing investment in food processing infrastructure, and a rising demand for packaged and processed food driving growth. South Africa and Saudi Arabia are the largest markets in this region.
Key Players Strategies in the Market:
The market actors use a variety of tactics to bolster their positions, including mergers and acquisitions, the introduction of new products, and licensing agreements. The trading of equipment is impacted by a number of governmental rules, tariffs, and regulatory frameworks. Thus, in order to survive the competition and hold their position in the market, a variety of businesses frequently choose innovative and aggressive business strategies.
Global Food Processing Equipment Market Regional Analysis:
North America accounted for the highest xx% market share in terms of revenue in the Food Processing Equipment market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Food Processing Equipment. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Food Processing Equipment companies in economies such as Japan and China.
The objective of the report is to present comprehensive analysis of Global Food Processing Equipment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
Food Processing Equipment Market Report is also available for below Regions and Country Please Ask for that
- Rest of Europe
- South Korea
- Rest Of APAC
- Rest of South America
Middle East and Africa
- Saudi Arabia
- South Africa
- Rest Of MEA
Key Industry Developments:
- In February 2022: Bühler (all three business segments) has contributed to successful results in 2021, including a 16% increase in order intake to more than USD 3.2 billion.
- In June 2021: JBT Corporation had announced, it had signed a definitive agreement to acquire Prevenio, a leading provider of innovative food safety solutions primarily for the poultry industry.
- In 2021: Italy launched its first-ever mega food park project in India involving food processing facilities as the two sides plan to expand ties in the backdrop of PM Narendra Modi’s proposed visit there.
The report will cover the qualitative and quantitative data on the Food processing equipment market. The qualitative data includes latest trends, market player’s analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Report Scope and Segmentations:
Estimated Forecast Year
CAGR of 4.2%from 2023 to 2031.
By Mode of Operation, By Equipment Type, By Application, By Region
By Mode of Operation
By Equipment Type
- Bakery & Confectionaries
- Meat, Poultry, & Seafood
- Fruit, Nut, & Vegetable
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, ASEAN, Rest of Asia-Pacific)
- Latin America
- Middle East and Africa
Points Covered in the Report:
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 12 years data history and forecast.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Key Reasons to Purchase:
To gain insightful analyses of the Food Processing Equipment market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the Food Processing Equipment market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the Food Processing Equipment market. Besides the standard structure reports, we also provide custom research according to specific requirements.
Research Scope of Specialty Coffee Market:
- Historic year: 2018- 2021
- Base year: 2022
- Forecast: 2023 to 2031
- Representation of Market revenue in USD Million
Food Processing Equipment Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends: