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Food Processing Equipment Market Size By Type (Processing, Pre-processing), By Mode of Operation (Automatic, Semi-automatic), By Application (Bakery & Confectionaries, Meat, Poultry & Seafood, Beverage, Dairy, Fruit, Nut & Vegetable, Grains), By Geographic Scope And Forecast


Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Food Processing Equipment Market Size By Type (Processing, Pre-processing), By Mode of Operation (Automatic, Semi-automatic), By Application (Bakery & Confectionaries, Meat, Poultry & Seafood, Beverage, Dairy, Fruit, Nut & Vegetable, Grains), By Geographic Scope And Forecast

Food Processing Equipment Market Size And Forecast

Food Processing Equipment Market size was valued at USD 67.28 Billion in 2024 and is projected to reach USD 101.72 Billion by 2031, growing at a CAGR of 5.85% from 2024 to 2031.

  • Food processing equipment includes a variety of machines and instruments used in the preparation, handling, and packaging of food products.
  • These machines are intended to speed up the many steps of food production, from raw ingredient processing to finished product packing.
  • Food processing equipment includes mixers, blenders, slicers, grinders, cookers, and packaging machines, among others.
  • Their major goal is to improve productivity, consistency, and safety in food processing processes while ensuring product quality and regulatory compliance.
  • Furthermore, food processing equipment has a wide range of applications in the food business, including bakery, dairy, meat and poultry, drinks, confectionery, and frozen foods.

Global Food Processing Equipment Market Dynamics

The key market dynamics that are shaping the food processing equipment market include

Key Market Drivers

  • Growing Demand for Processed FoodsThe increasing global consumption of processed foods as a result of urbanization and changing dietary preferences is driving demand for modern food processing equipment to assure food production efficiency and quality.
  • Technological Advancements Technological innovations, such as automation and robots, are improving the efficiency of food processing equipment. These technologies minimize labor costs while improving the consistency and safety of food products, attracting investment from food processing corporations.
  • Stringent Food Safety RegulationsRegulatory authorities around the world are enforcing severe food safety rules to maintain food quality. To comply with these laws, food processing enterprises must use up-to-date, high-quality equipment, resulting in market growth.
  • Expansion of Food Processing CompaniesAs food processing companies expand globally, there is a great need to modernize and scale up their manufacturing capacities. This development raises the demand for new and upgraded food processing equipment to satisfy rising production demands and preserve a competitive advantage.

Key Challenges

  • High Initial Investment Costs The high cost of innovative food processing equipment creates a considerable barrier to entry for small and medium-sized businesses, limiting market growth and innovation.
  • Complexity in Maintenance and Operation Advanced food processing machinery frequently demands specialized knowledge for operation and maintenance, making it difficult for organizations without qualified workers, raising operational expenses and downtime.

Key Trends

  • Integration of IoT and Automation The increasing integration of the Internet of Things (IoT) and automated technologies in food processing equipment improves operating efficiency and so represents a key trend. It minimizes human mistakes and delivers real-time data to improve process management and decision-making.
  • Sustainable and Energy-Efficient Equipment There is an increasing trend of using more sustainable and energy-efficient machinery to reduce environmental effects and operational costs. Equipment that uses less energy and produces less trash is becoming increasingly popular.
  • Customization and Flexibility Manufacturers are working on developing versatile and adaptable equipment capable of handling several processing functions and accommodating a wide range of product kinds. This adaptability enables food producers to quickly respond to shifting customer preferences and market situations.
  • Rise of Hygienic and Sanitary EquipmentAs food safety concerns grow, there is a major trend toward creating equipment with improved sanitary and hygienic qualities. This includes easy-to-clean surfaces and features that avoid contamination, which are critical for meeting food safety standards.

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Global Food Processing Equipment Market Regional Analysis

Here is a more detailed regional analysis of the food processing equipment market

Asia Pacific

  • According to Market Research, Asia Pacific is estimated to dominate the food processing equipment market over the forecast period. Asia Pacific’s rapidly growing population and urbanization are increasing the demand for processed foods, resulting in a greater requirement for food processing equipment in the region.
  • As disposable incomes rise in Asia Pacific countries, consumers are spending more on convenience meals that require complex processing technology, driving the market for food processing equipment.
  • Food processing firms are growing their operations in the Asia Pacific region due to cheaper production costs and ample raw materials, necessitating the deployment of new food processing equipment.
  • Furthermore, governments in the Asia Pacific are encouraging the food processing industry through incentives, subsidies, and favorable regulations that stimulate the use of sophisticated food processing technology and equipment throughout the region.

North America

  • The North American region is estimated to exhibit substantial growth during the forecast period. North America is a leader in the adoption of modern food processing technology, such as automation and robots, which improve food industry efficiency and productivity.
  • North American customers have a strong preference for processed and ready-to-eat foods, necessitating the development of increasingly sophisticated and efficient food processing equipment to suit these market needs.
  • North America has severe food safety standards that require food processing industries to use advanced equipment to ensure compliance with safety and quality laws, resulting in increased equipment sales.
  • Furthermore, the region is experiencing a growing trend of sustainability, which has resulted in greater investment in energy-efficient and ecologically friendly food processing equipment, allowing businesses to lower their environmental effect and operational expenses.

Europe

  • Europe’s strong emphasis on research and development results in ongoing developments in food processing technologies. This invention encourages food makers to invest in new equipment with greater capabilities.
  • The demand for convenience foods among European customers is increasing, necessitating the use of food processing equipment capable of producing different and high-quality food products efficiently.
  • Furthermore, European manufacturers are rapidly implementing sustainable practices, such as the use of energy-efficient and eco-friendly equipment, to reduce environmental effects and meet regulatory requirements, which is driving the regional market.

Global Food Processing Equipment Market Segmentation Analysis

The Food Processing Equipment Market is segmented based on Type, Mode of Operation, Application, and Geography.

Food Processing Equipment Market, By Type

  • Processing
    1. Extruders and Forming Machines
    2. Ovens and Dryers
    3. Refrigeration and Freezing Equipment
    4. Coating Equipment
    5. Others
  • Pre-processing
    1. Sorting & Grading
    2. Cutting and Peeling Equipment
    3. Washing Equipment
    4. Mixing and Blending Equipment

Based on the Type, the market is segmented into Processing and Pre-processing. The processing segment is estimated to dominate the food processing equipment market. Equipment in the “Processing” segment, such as ovens and dryers, refrigeration and freezing equipment, and extruders and forming machines, is vital for transforming raw materials into final goods. These equipment are vital in all stages of food production, from baking and drying to forming and shaping items. The strong demand for this type of equipment stems from its critical role in guaranteeing food safety, increasing shelf life, and improving product consistency, all of which are major problems in the food industry.

Food Processing Equipment Market, By Mode of Operation

  • Automatic
  • Semi-automatic

Based on the Mode of Operation, the Food Processing Equipment Market is segmented into Automatic and Semi-automatic. The automatic segment dominated the food processing equipment market. Automatic food processing technology provides substantial benefits in terms of efficiency and uniformity, which is critical in large-scale production situations. These devices eliminate the need for manual labor, lowering human error and increasing production. Furthermore, the integration of new technologies such as IoT and AI has enabled automatic equipment to perform more complicated duties such as real-time monitoring and process optimization.

Food Processing Equipment Market, By Application

  • Bakery & Confectionaries
  • Meat, Poultry & Seafood
  • Beverage
  • Dairy
  • Fruit, Nut & Vegetable
  • Grains
  • Others

Based on Application, the market is segmented into Bakery & Confectionaries, Meat, Poultry & Seafood, Beverage, Dairy, Fruit, Nut & Vegetable, Grains, and Others. The bakery & confectionaries segment is estimated to lead this segment in the forecast period due to increased global consumption of bakery and confectionery products, spurred by shifting consumer tastes for convenient, ready-to-eat food options. This segment’s growth is further aided by advancements in processing technology that increase productivity and efficiency in baking and confectionery operations. Furthermore, the growing emphasis on artisanal and luxury baked goods, which require specialized equipment, contributes significantly to demand in this segment of the market.

Food Processing Equipment Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Food Processing Equipment Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific region is estimated to hold the largest share of the food processing equipment market. The region is experiencing fast urbanization and population growth, which is driving up demand for processed goods. Second, rising disposable incomes in Asia Pacific countries allow more consumers to choose convenience foods that require advanced processing methods. Furthermore, many food processing companies are expanding their operations in this region to capitalize on cheaper production costs and ample raw materials, increasing demand for innovative food processing equipment.

Key Players

The “Food Processing Equipment Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Bühler Group, Tetra Laval Group, GEA Group, Krones AG, Alfa Laval AB, John Bean Technologies Corporation, Mettler Toledo International Inc., CPW Ovens & Bakery Equipment, Provisur Technologies LLC, Urschel Laboratories Inc., Heat and Control, Mazen Bakeries Machinery S.p.A., Sammic SL, Evergreen Machinery Co., and Inner Mongolia Liancheng Machinery Co.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Food Processing Equipment Market Recent Developments

  • In April 2024, McCain Foods increased its investment in Strong Roots, an Ireland-based frozen vegetable company, with aspirations to grow these health-conscious products into new worldwide markets.
  • In April 2024, Utz Brands sold two more processing factories to Our Home after acquiring brands and assets in February. This transaction is part of Utz’s continuing reorganization of business.
  • In April 2024, Firehook Bakery was acquired by Forward Consumer Partners. This move is expected to herald a new phase of expansion for the bakery, which will be supported by strategic leadership appointments.
  • In March 2024, Probat, a German coffee roasting equipment behemoth, expanded its reach by acquiring two food processing equipment companies. Probat’s acquisitions of AC Horn Manufacturing in Dallas, Texas, and Royal Duyvis Wiener, a Dutch firm specializing in cocoa and chocolate processing equipment, represent the company’s foray into new food industry categories.

Report Scope

Report AttributesDetails
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Billion)

Key Companies Profiled

Bühler Group, Tetra Laval Group, GEA Group, Krones AG, Alfa Laval AB, John Bean Technologies Corporation, Mettler Toledo International Inc., CPW Ovens & Bakery Equipment, Provisur Technologies LLC

Segments Covered

By Type, By Mode of Operation, By Application, and By Geography.

Customization scope

Free report customization (equivalent up to 4 analyst’s working days)  with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• The competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post sales analyst support

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Table of Content

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