Global 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
Report ID: 6630|No. of Pages: 202
Global 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 2023 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 is defined as machinery and instruments that convert raw components into food products through a variety of procedures such as cooking, freezing, drying, and packing.
- It is commonly used in the food and beverage industry for operations such as cutting, mixing, baking, and preserving food, assuring efficiency, consistency, and safety during production.
- With technological improvements such as automation and smart systems, food processing equipment will be more efficient, sustainable, and adaptable to changing customer needs and food safety standards.
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Global Food Processing Equipment Market Dynamics
The key market dynamics that are shaping the global Food Processing Equipment Market include:
Key Market Drivers:
- Technological Advancements: Automation, artificial intelligence, and Internet of Things integration are improving productivity and lowering labor costs in food production. For example, in April 2023, a large food processing company announced a cooperation with a technology firm to adopt AI-driven solutions in their processing plants, with the goal of increasing production efficiency by 20%.
- Government’s Investment In Food Safety Detail: Governments around the world are investing in food safety measures to improve the quality and safety of food products, increasing demand for advanced processing equipment. For example, in July 2023, the United States government spent $500 million to improve food safety regulations, which included grants for updating food processing plants.
- Growing Demand for Processed Foods. Detail: As consumer preferences for convenience foods rise, there is a greater need for efficient food processing technologies. Example: In January 2024, a major food producer reported a 15% growth in processed food sales, pushing them to invest in new processing lines to satisfy demand.
- Sustainability and Environmental Regulations Detail: Stricter environmental rules and a desire for sustainable practices are pushing advances in processing equipment that reduce waste and energy usage. For example, in March 2023, the European Union issued a new directive targeted at decreasing food waste by 50% by 2030, encouraging businesses to invest in energy-efficient processing equipment.
Key Challenges:
- High Initial Investment Costs: Acquiring innovative food processing equipment can be prohibitively expensive, particularly for small and medium-sized firms. This may impede their capacity to improve and grow operations.
- Regulatory Compliance: Food processing enterprises must traverse complicated and diverse rules governing food safety, environmental requirements, and equipment cleaning. Compliance can be resource-intensive and difficult to manage.
- Rapid Technological Change: The rapid rate of technology advancement makes it tough for businesses to keep their equipment up to date. This can lead to obsolescence and higher expenditures for future improvements.
- Supply Chain Disruptions: Global supply chain issues, exacerbated by events like the COVID-19 pandemic, can impact the availability of raw materials and essential components for processing equipment, leading to delays and increased production costs.
Key Trends:
- Automation and Smart Technologies: The food processing industry is increasingly adopting automation and smart technologies to enhance operational efficiency. Automation involves using machinery and systems to perform tasks traditionally done by humans, such as sorting, packing, and quality control.
- Sustainability and Energy Efficiency: Sustainability has become a critical focus for food processing companies, driven by consumer preferences and regulatory pressures. Companies are investing in energy-efficient technologies and processes to minimize environmental impact. This includes using machinery that consumes less energy, reducing water usage, and implementing waste management systems that recycle by-products.
- Health and Wellness Focus: The rising consumer demand for healthier food options is reshaping the food processing landscape. As people become more health-conscious, there is a significant shift toward organic, minimally processed, and nutrient-rich foods. This trend is driving the development of processing equipment that can maintain the integrity of natural ingredients while minimizing the use of additives and preservatives.
- Customization and Flexibility: The demand for product variety and personalization is rising, pushing manufacturers to adopt more customizable and flexible processing solutions. Traditional processing lines are often rigid, limiting the ability to produce diverse products. In response, companies are investing in modular equipment that can be easily reconfigured for different production runs.
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Global Food Processing Equipment Market Regional Analysis
Here is a more detailed regional analysis of the global Food Processing Equipment Market:
North America:
- North America dominates the Food Processing Equipment Market due to its superior technological infrastructure, strong manufacturing base, and significant investment in research & development. The region has a high demand for processed and convenience meals, prompting producers to invest in cutting-edge equipment to increase output and assure food safety. In April 2023, a large food processing corporation in the United States announced a $50 million investment to update its facilities with the most advanced automation and processing technologies. This initiative intends to streamline operations and address rising customer demand for high-quality food goods, strengthening North America’s market leadership.
- Furthermore, government actions are critical to promoting the expansion of North America’s food processing industry. In September 2023, the United States Department of Agriculture announced a new funding program to improve food processing capacities across the country, particularly in rural areas. This effort, which includes $40 million in grants and loans, promotes the use of novel processing technologies to increase efficiency and sustainability. Such government support, combined with large private sector expenditures, establishes North America as a leader in food processing equipment, establishing a competitive landscape that values quality, efficiency, and technical innovation.
Asia Pacific:
- The Asia Pacific region’s Food Processing Equipment Market is expanding rapidly, owing to increased urbanization, rising disposable incomes, and shifting dietary habits. Countries such as China and India are experiencing an increase in demand for processed and packaged foods, which is driving investment in contemporary food processing technologies. According to a January 2024 estimate, India’s food processing business is predicted to reach $470 billion by 2025, demonstrating the growing demand for efficient food production systems. The regional move toward processed foods has prompted businesses to invest in innovative processing technology to improve efficiency, quality, and safety.
- Governments around Asia Pacific are also taking strong initiatives to improve the food processing business. In August 2023, the Indian government established a new scheme that provides financial incentives for the creation of food processing units, with the goal of modernizing the sector and increasing exports. This program is likely to result in major investment in food processing equipment, opening up prospects for both domestic and international enterprises. The combination of high consumer demand and supporting government regulations is cementing Asia Pacific’s position as the fastest-growing market for food processing equipment, with manufacturers adjusting to changing customer expectations and technical improvements.
Global Food Processing Equipment Market: Segmentation Analysis
The Global Food Processing Equipment Market is segmented on the basis of Type, Application, Mode Of Operation, and By Geography.
Food Processing Equipment Market, By Type
- Processing
- Pre-Processing
Based on Type, the Global Food Processing Equipment Market is segmented into Processing, Pre-processing. The processing equipment segment is the dominant category in the global Food Processing Equipment Market, driven by the high demand for machinery that enhances food preparation, cooking, and packaging. The pre-processing equipment segment is the fastest growing category, fueled by the increasing focus on food safety, quality, and efficiency in the initial stages of food production. Innovations in cutting, washing, and sorting technologies are gaining traction as manufacturers aim to optimize their operations and reduce waste.
Food Processing Equipment Market, By Application
- Bakery & Confectionaries
- Meat
- Poultry & Seafood
- Beverage
- Dairy
- Fruit
- Nut & Vegetable
- Grains
Based on Application, the Global Food Processing Equipment Market is segmented into Bakery & Confectionaries, Meat, Poultry & Seafood, Beverage, Dairy, Fruit, Nut & Vegetable, Grains. The meat, poultry, and seafood segment is the dominant application in the global Food Processing Equipment Market, driven by the high demand for protein-rich food products. The dairy segment is the fastest growing application in the Food Processing Equipment Market, propelled by rising consumer demand for dairy products such as cheese, yogurt, and milk alternatives. Innovations in pasteurization, homogenization, and packaging technologies are enhancing production capabilities and catering to the growing health-conscious consumer base.
Food Processing Equipment Market, By Mode Of Operation
- Automatic
- Semi-automatic
Based on Mode Of Operation, the Global Food Processing Equipment Market is segmented into Automatic, Semi-automatic. The automatic segment is the dominant mode of operation in the global Food Processing Equipment Market, driven by the need for efficiency, consistency, and reduced labor costs. The semi-automatic segment is the fastest growing category, appealing to small and medium-sized enterprises looking for a balance between manual control and automation. This mode allows for flexibility in production processes, enabling manufacturers to adapt quickly to changing market demands while still benefiting from improved efficiency and lower operational costs.
Key Players
The “Global 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.
Global Food Processing Equipment Market: Recent Developments
- In August 2023, GEA Group has announced a new line of dairy processing equipment aimed at energy efficiency and sustainability. The revised systems make use of revolutionary heat recovery technologies, which can lower energy consumption by up to 30%. This launch seeks to assist dairy firms in meeting environmental laws while increasing production efficiency.
- In September 2023,Tetra Pak has announced a new line of processing equipment for plant-based drinks. This machine uses modern homogenization and pasteurization processes to improve product quality and shelf life. The innovation reflects increased customer demand for plant-based alternatives and demonstrates Tetra Pak’s dedication to sustainability and processing efficiency.
- In October, 2023, Marel showcased its most recent fish processing technologies at a global seafood exhibition. The new system has automated sorting and filleting equipment, which improve efficiency and yield. With developments in AI and machine learning, the technology can adapt to varied fish species, minimizing waste and increasing revenue for seafood processing companies.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2020-2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Period | 2020-2022 |
| 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, Urschel Laboratories Inc. |
| 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 Verified Market Research:
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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
• 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
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Frequently Asked Questions
TABLE OF CONTENT
1 INTRODUCTION OF GLOBAL FOOD PROCESSING EQUIPMENT MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL FOOD PROCESSING EQUIPMENT MARKET OVERVIEW
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL FOOD PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION
5.1 Overview
5.2 Automatic
5.3 Semi-Automatic
6 GLOBAL FOOD PROCESSING EQUIPMENT MARKET, BY TYPE
6.1 Overview
6.2 Processing
6.3 Pre-Processing
7 GLOBAL FOOD PROCESSING EQUIPMENT MARKET, BY APPLICATION
7.1 Overview
7.2 Bakery & Confectionaries
7.3 Meat, Poultry, & Seafood
7.4 Beverage
7.5 Dairy
7.6 Fruit
7.7 Nut, & Vegetable
7.8 Grains
8 GLOBAL FOOD PROCESSING EQUIPMENT MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL FOOD PROCESSING EQUIPMENT MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 Bühler Group
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Tetra Laval Group
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 GEA Group
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Krones AG
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Alfa Laval AB
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 John Bean Technologies Corporation
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Development
10.7 Mettler Toledo International Inc
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 CPW Ovens & Bakery Equipment
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Provisur Technologies LLC
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Development
10.10 Urschel Laboratories Inc
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Development
11 Appendix
11.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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