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Food Processing Machinery and Equipment: Global Strategic Business Report

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    Report

  • 289 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 344111

Global Food Processing Machinery and Equipment Market to Reach $102.8 Billion by 2030

The global market for Food Processing Machinery and Equipment estimated at US$64.3 Billion in the year 2022, is projected to reach a revised size of US$102.8 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Depositors, one of the segments analyzed in the report, is projected to record 7% CAGR and reach US$31.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Extruding Machines segment is readjusted to a revised 7.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $17.5 Billion, While China is Forecast to Grow at 10.8% CAGR

The Food Processing Machinery and Equipment market in the U.S. is estimated at US$17.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$24.6 Billion by the year 2030 trailing a CAGR of 10.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.

Select Competitors (Total 234 Featured) -

  • Alfa Laval
  • Atlas Pacific Engineering Company Inc.
  • Bucher Industries AG
  • Bühler AG
  • GEA Group AG
  • Heat and Control Inc.
  • John Bean Technologies Corporation
  • Key Technology Inc.
  • Marel
  • Marlen International
  • Meyn Food Processing Technology B.V
  • Rheon Automatic Machinery Co. Ltd.
  • Satake Corporation
  • SPX Flow Inc.
  • Tetra Laval International S.A.
  • The Middleby Corporation
  • Wenger Manufacturing Inc.

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Frequently Asked Questions about the Global Market for Food Processing Machinery and Equipment

What is the estimated value of the Global Market for Food Processing Machinery and Equipment?

The Global Market for Food Processing Machinery and Equipment was estimated to be valued at $58.2 Billion in 2020.

What is the growth rate of the Global Market for Food Processing Machinery and Equipment?

The growth rate of the Global Market for Food Processing Machinery and Equipment is 5.5%, with an estimated value of $84.8 Billion by 2027.

What is the forecasted size of the Global Market for Food Processing Machinery and Equipment?

The Global Market for Food Processing Machinery and Equipment is estimated to be worth $84.8 Billion by 2027.

Who are the key companies in the Global Market for Food Processing Machinery and Equipment?

Key companies in the Global Market for Food Processing Machinery and Equipment include Alfa Laval, Atlas Pacific Engineering Company Inc., Bucher Industries AG, Bühler AG, GEA Group AG, Heat and Control Inc., John Bean Technologies Corporation, Key Technology Inc., Marel and Marlen International.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Food Processing Machinery and Equipment: Overview & Outlook
  • Rising Importance of Automation & Technology Innovations in Food Processing Machinery
  • Increasing Focus on Plant Modernization and Upgradation
  • Meat/Poultry Processing Machinery: Dominant Product Group
  • Equipment to Process Solid Foods Lead the Market
  • Developing Economies Continue to Spearhead Market Growth
  • Key Competitive Elements
  • Competitive Landscape
  • A Highly Fragmented Marketplace
  • Price: A Competitive Variable
  • Food Processing Machinery and Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
  • Alfa Laval (Sweden)
  • Atlas Pacific Engineering Company, Inc. (USA)
  • Bucher Industries AG (Switzerland)
  • Bühler AG (Switzerland)
  • GEA Group AG (Germany)
  • Heat and Control, Inc. (USA)
  • John Bean Technologies Corporation (USA)
  • Key Technology, Inc. (USA)
  • Marel (Iceland)
  • Marlen International (USA)
  • Meyn Food Processing Technology B.V (The Netherlands)
  • Rheon Automatic Machinery Co., Ltd. (Japan)
  • Satake Corporation (Japan)
  • SPX Flow, Inc. (USA)
  • Tetra Laval International S.A. (Switzerland)
  • The Middleby Corporation (USA)
  • Wenger Manufacturing, Inc. (USA)
3. MARKET TRENDS & DRIVERS
  • Increasing Demand for Processed Meat Products: Major Growth Driver
  • Opportunity Indicators
  • Growing Consumption of Pork Bodes Well for Market Growth
  • Rising Demand for Processed Poultry Bodes Well for Equipment Market
  • Growing Consumer Preference for Processed Seafood to Drive Demand for Processing Equipment
  • HPP Finds Use in Seafood Processing
  • Dairy Products: Churning Out New Opportunities
  • Opportunity Indicators
  • HPP Equipment Gains Popularity in Producing Dairy Products
  • Strong Demand for Beverages Spurs Growth of Beverage Processing Machinery
  • Functional Beverages Fuel Growth in Carbonated Beverage Processing Equipment Market
  • HPP Technology Unlocks New Growth Opportunities for Beverage Industry
  • Liquid Filling Machines: A Review of Key Factors Influencing Purchase Decisions
  • Equipment Accuracy: A Key Consideration for Beverage Companies
  • Simplifying Changeovers and Waste Efficiency
  • Need for Product Versatility Reigns Supreme
  • Strong Frozen Food Demand Spurs Processing Equipment Market Growth
  • Freeze Drying Equipment Rise in Popularity
  • Rising Demand for Processed Fruits & Vegetables Drive Sales of Processing Equipment
  • Primary Food Processing Machinery Market - Need for Advanced Machinery Drives Growth
  • Streamlining of Equipment Design and Production Processes
  • Energy Efficient Food Processing Equipment Finds Favor among Food Processors
  • Technology Advancements Foster Growth in Food Processing Machinery Market
  • Continuous Processing & HPP Technology - Notable Developments in Food Processing Machinery Market
  • Robotics Creating New Frontiers
  • Growing Prominence of Automation in Meat Processing Operations
  • HPP: A New Paradigm for the Food and Beverage Processing Industry
  • HPP Emerges as the Most Promising of Non-thermal Pasteurization Technologies
  • HPP Technique Causes Minimal Impact on Sensory Characteristics of Foodstuffs
  • Rising Demand for Healthier Convenience Foods Catalyzes HPP Equipment Market
  • New Applications, Ongoing Commercialization of HPP Foodstuffs Spur Adoption of HPP Equipment
  • Food Safety Issue Throws Spotlight on Product Quality & Design, to Drive Replacement Demand
  • Favorable Megatrends Strengthen Market Prospects
  • Rising Global Population Offers Significant Growth Opportunities
  • Urbanization: A Mega Trend with Significant Implications for the Food Processing Industry
  • Growing Middle Class Population in Developing Countries to Drive Demand
  • Challenges Confronting Food Processing Machinery Market
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Food Processing Machinery and Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World Historic Review for Food Processing Machinery and Equipment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 3: World 16-Year Perspective for Food Processing Machinery and Equipment by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Depositors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 5: World Historic Review for Depositors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 6: World 16-Year Perspective for Depositors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Extruding Machines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World Historic Review for Extruding Machines by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 9: World 16-Year Perspective for Extruding Machines by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Mixers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 11: World Historic Review for Mixers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 12: World 16-Year Perspective for Mixers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Refrigeration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 14: World Historic Review for Refrigeration by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 15: World 16-Year Perspective for Refrigeration by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 17: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 18: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Meat, Poultry, & Seafood by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 20: World Historic Review for Meat, Poultry, & Seafood by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 21: World 16-Year Perspective for Meat, Poultry, & Seafood by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Bakery & Confectionery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: World Historic Review for Bakery & Confectionery by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 24: World 16-Year Perspective for Bakery & Confectionery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Dairy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 26: World Historic Review for Dairy by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 27: World 16-Year Perspective for Dairy by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 29: World Historic Review for Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 30: World 16-Year Perspective for Beverages by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 32: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • Table 33: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • Table 34: World Food Processing Machinery and Equipment Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
CANADA
JAPAN
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
CHINA
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
EUROPE
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
FRANCE
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
GERMANY
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
ITALY
UNITED KINGDOM
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
AUSTRALIA
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2023 (E)
INDIA
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2023 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2023 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2023 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Food Processing Machinery and Equipment Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2023 (E)
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Alfa Laval
  • Atlas Pacific Engineering Company Inc.
  • Bucher Industries AG
  • Bühler AG
  • GEA Group AG
  • Heat and Control Inc.
  • John Bean Technologies Corporation
  • Key Technology Inc.
  • Marel
  • Marlen International
  • Meyn Food Processing Technology B.V
  • Rheon Automatic Machinery Co. Ltd.
  • Satake Corporation
  • SPX Flow Inc.
  • Tetra Laval International S.A.
  • The Middleby Corporation
  • Wenger Manufacturing Inc.