+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Food Processing Machinery and Equipment - Global Market Trajectory & Analytics

  • ID: 344111
  • Report
  • July 2020
  • Region: Global
  • 614 Pages
  • Global Industry Analysts, Inc
1 of 2
Global Food Processing Machinery and Equipment Market to Reach US$67.7 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Food Processing Machinery and Equipment estimated at US$57 Billion in the year 2020, is projected to reach a revised size of US$67.7 Billion by 2027, growing at a CAGR of 2.5% over the analysis period 2020-2027.Depositors, one of the segments analyzed in the report, is projected to grow at a 2.8% CAGR to reach US$19.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Extruding Machines segment is readjusted to a revised 3% CAGR for the next 7-year period. This segment currently accounts for a 22% share of the global Food Processing Machinery and Equipment market.

The U. S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 4.7% CAGR for the Period of 2020-2027

The Food Processing Machinery and Equipment market in the U. S. is estimated at US$15.4 Billion in the year 2020. The country currently accounts for a 27.04% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$13.5 Billion in the year 2027 trailing a CAGR of 4.7% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR while Rest of European market (as defined in the study) will reach US$13.5 Billion by the year 2027.

Mixers Segment Corners a 19.8% Share in 2020

In the global Mixers segment, USA, Canada, Japan, China and Europe will drive the 1.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.5 Billion in the year 2020 will reach a projected size of US$9.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.2 Billion by the year 2027, while Latin America will expand at a 2.8% CAGR through the analysis period. The publisher brings years of research experience to this 17th edition of our report. The 614-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others
  • 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.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
2 of 2

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Food Processing Machinery and Equipment

Recent Market Activity

Efficient, Reliable, and Robust Machinery to Simplify Food Processing Activities

Rising Importance of Automation & Technology Innovations in Food Processing Machinery

Meat/Poultry Processing Machinery - The Largest & Fastest Growing Product Group

Equipment to Process Solid Foods Lead the Market

Developing Economies Continue to Spearhead Market Growth

Challenges Confronting Food Processing Machinery Market

Key Competitive Elements

Competitive Landscape

A Highly Fragmented Marketplace

Price: A Competitive Variable

Global Competitor Market Shares

Food Processing Machinery and Equipment Competitor Market Share Scenario Worldwide (in %): 2018 & 2029

Impact of Covid-19 and a Looming Global Recession

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 - A Major Growth Driver for Meat/Processing Equipment Market

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 as Healthy Diet 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

Increasing Focus on Plant Modernization and Upgradation

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

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Food Processing Machinery and Equipment Market Share (in %) by Company: 2018 & 2025

Market Analytics

CANADA

JAPAN

CHINA

EUROPE

Market Facts & Figures

European Food Processing Machinery and Equipment Market: Competitor Market Share Scenario (in %) for 2018 & 2025

Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

Total Companies Profiled: 365

Note: Product cover images may vary from those shown
3 of 2

Loading
LOADING...

Adroll
adroll