Food and Beverage Processing Equipment: Global Strategic Business Report

Global Food and Beverage Processing Equipment Market to Reach $84.5 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Food and Beverage Processing Equipment estimated at US$52.4 Billion in the year 2020, is projected to reach a revised size of US$84.5 Billion by 2027, growing at a CAGR of 7% over the analysis period 2020-2027. Semi-Automatic, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$47.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Automatic segment is readjusted to a revised 8.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $14.3 Billion, While China is Forecast to Grow at 11.1% CAGR

The Food and Beverage Processing Equipment market in the U.S. is estimated at US$14.3 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$17.9 Billion by the year 2027 trailing a CAGR of 10.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 5.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

Select Competitors (Total 42 Featured) -

• Alfa Laval
• Bigtem Makine
• Bucher Industries
• Bühler
• Clextral
• Equipamientos Cárnicos, S.L.
• etra Pak International S.A. Fenco Food Machinery
• GEA Group
• JBT Corporation
• Krones Group
• Lehui Group
• Marel
• Nordic Engineering Rud. Baader GmbH + Co. KG
• SPX Flow
• TNA Australia Solutions

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• Global competitiveness and key competitor percentage market shares
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