Food Processing Equipment Market by Type (Meat, Poultry, and Seafood Processing Equipment, Bakery Processing Equipment, Beverage Processing Equipment, Dairy Processing Equipment, and Fruit and Vegetable Processing Equipment) - Global Forecast to 2027
The research report titled “Food Processing Equipment Market by Type (Meat, Poultry, and Seafood Processing Equipment, Bakery Processing Equipment, Beverage Processing Equipment, Dairy Processing Equipment, and Fruit and Vegetable Processing Equipment) - Global Forecasts to 2027” provides an in-depth analysis of the food processing equipment market across five major geographies and emphasizes on the current market trends, market size, market shares, recent developments, and forecast till 2027. In terms of value, the food processing equipment market is expected to grow at a CAGR of 7.2% from 2020 to reach USD 98.4 billion by 2027. In terms of volume, the market is expected to grow at a CAGR of 7.6% from 2020 to reach 56, 223.9 Thousand Units by 2027.
The growth of this market is mainly attributed to the increasing consumer demand for processed food, growing focus on food safety and safety of workers, growing need to increase productivity, increasing focus of food manufacturers to reduce production costs, and government support to promote the food processing sector are a few key factors driving the growth of the food processing equipment market.
The study offers a comprehensive analysis of the food processing equipment market with respect to the type and geography. The food processing equipment market is mainly segmented by type (meat, poultry, and seafood processing equipment {cutters and grinders, smokers, massagers, and tumblers, mixers, tenderizers, killing and defeathering equipment, slicers, evisceration equipment, cookers, roasters, and grillers, deheading and gutting equipment, filleting equipment, and others}, bakery processing equipment {ovens and proofers, dough mixers, molders and sheeters, dividers and rounders, depositors, and others}, beverage processing equipment {brewery equipment, filtration equipment, carbonation equipment, blenders and mixers, and others}, dairy processing equipment {pasteurizers, homogenizers, separators, evaporators and drying equipment, membrane filtration equipment, and others}, chocolate and confectionery processing equipment {depositors, formers, coating and spraying systems, mixers, coolers, and others}, fruits and vegetables processing equipment {juice extractors, peelers, cutters, and pulpers, dryers, evaporators, and others}, and other food processing equipment), and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on type, the food processing equipment market is mainly segmented into meat, poultry, & seafood processing equipment; bakery processing equipment; beverage processing equipment; dairy processing equipment; chocolate & confectionery processing equipment; fruits & vegetable processing equipment; and other food processing equipment. The meat, poultry, and seafood processing equipment accounted for the largest share of the food processing equipment market in 2020. The large share of this segment is mainly attributed to the increasing demand for processed meat products coupled with the growing global population, urbanization, and disposable income; and consumer preference for protein-rich food products and convenience food products. In addition, a growing middle-class population in developing countries, growing meat processing industry, and stringent food safety regulations have allowed consumers in developing markets to regularly incorporate meat into their diet. Thus, a growing inclination towards meat consumption across the globe is expected to boost the growth of the meat processing equipment market significantly in the next few years. However, the chocolate and confectionery processing equipment segment is expected to grow at the highest CAGR during the forecast period.
Based on type, the meat, poultry, and seafood processing equipment market is segmented into cutters & grinders; smokers, massagers, & tumblers; mixers; tenderizers; killing & defeathering equipment; slicers; evisceration equipment; cookers, roasters, & grillers; deheading & gutting equipment; filleting equipment; and others. The cutters and grinders segment commanded the largest share of the meat, poultry, and seafood processing equipment market in 2020. However, the tenderizing equipment segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing demand for value-added meat products.
Geographically, the market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific commanded the largest share of the food processing equipment market in 2020. The large share of this region is primarily attributed to the increasing demand for processed food products in India, China, Indonesia, and Thailand; increasing investments from major global food processors; and burgeoning F&B industry, primarily due to the increasing urbanization, a huge base of population, growing health awareness, and rising disposable income.
The key players operating in the food processing equipment market are Bühler AG (Switzerland), Marel HF (Iceland), GEA Group Aktiengesellschaft (Germany), Bucher Industries AG (Switzerland), John Bean Technologies Corporation (U.S.), The Middleby Corporation (U.S.), Heat and Control Inc. (U.S.), SPX Flow Inc. (U.S.), Alfa Laval AB (Sweden), Nichimo Co., Ltd. (Japan), Krones Group (Germany), Paul Mueller Company (U.S.), Key Technology Inc. (U.S.), Tetra Pak International S.A. (Switzerland), Baader Group (Germany), Meyer Industries Limited (Thailand), Dover Corporation (U.S.), Bigtem Makine A.S. (Turkey), and TNA Australia Pty Limited (Australia).
The research report titled “Food Processing Equipment Market by Type (Meat, Poultry, and Seafood Processing Equipment, Bakery Processing Equipment, Beverage Processing Equipment, Dairy Processing Equipment, and Fruit and Vegetable Processing Equipment) - Global Forecasts to 2027” provides an in-depth analysis of the food processing equipment market across five major geographies and emphasizes on the current market trends, market size, market shares, recent developments, and forecast till 2027. In terms of value, the food processing equipment market is expected to grow at a CAGR of 7.2% from 2020 to reach USD 98.4 billion by 2027. In terms of volume, the market is expected to grow at a CAGR of 7.6% from 2020 to reach 56, 223.9 Thousand Units by 2027.
The growth of this market is mainly attributed to the increasing consumer demand for processed food, growing focus on food safety and safety of workers, growing need to increase productivity, increasing focus of food manufacturers to reduce production costs, and government support to promote the food processing sector are a few key factors driving the growth of the food processing equipment market.
The study offers a comprehensive analysis of the food processing equipment market with respect to the type and geography. The food processing equipment market is mainly segmented by type (meat, poultry, and seafood processing equipment {cutters and grinders, smokers, massagers, and tumblers, mixers, tenderizers, killing and defeathering equipment, slicers, evisceration equipment, cookers, roasters, and grillers, deheading and gutting equipment, filleting equipment, and others}, bakery processing equipment {ovens and proofers, dough mixers, molders and sheeters, dividers and rounders, depositors, and others}, beverage processing equipment {brewery equipment, filtration equipment, carbonation equipment, blenders and mixers, and others}, dairy processing equipment {pasteurizers, homogenizers, separators, evaporators and drying equipment, membrane filtration equipment, and others}, chocolate and confectionery processing equipment {depositors, formers, coating and spraying systems, mixers, coolers, and others}, fruits and vegetables processing equipment {juice extractors, peelers, cutters, and pulpers, dryers, evaporators, and others}, and other food processing equipment), and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on type, the food processing equipment market is mainly segmented into meat, poultry, & seafood processing equipment; bakery processing equipment; beverage processing equipment; dairy processing equipment; chocolate & confectionery processing equipment; fruits & vegetable processing equipment; and other food processing equipment. The meat, poultry, and seafood processing equipment accounted for the largest share of the food processing equipment market in 2020. The large share of this segment is mainly attributed to the increasing demand for processed meat products coupled with the growing global population, urbanization, and disposable income; and consumer preference for protein-rich food products and convenience food products. In addition, a growing middle-class population in developing countries, growing meat processing industry, and stringent food safety regulations have allowed consumers in developing markets to regularly incorporate meat into their diet. Thus, a growing inclination towards meat consumption across the globe is expected to boost the growth of the meat processing equipment market significantly in the next few years. However, the chocolate and confectionery processing equipment segment is expected to grow at the highest CAGR during the forecast period.
Based on type, the meat, poultry, and seafood processing equipment market is segmented into cutters & grinders; smokers, massagers, & tumblers; mixers; tenderizers; killing & defeathering equipment; slicers; evisceration equipment; cookers, roasters, & grillers; deheading & gutting equipment; filleting equipment; and others. The cutters and grinders segment commanded the largest share of the meat, poultry, and seafood processing equipment market in 2020. However, the tenderizing equipment segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to the increasing demand for value-added meat products.
Geographically, the market is segmented into five major regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific commanded the largest share of the food processing equipment market in 2020. The large share of this region is primarily attributed to the increasing demand for processed food products in India, China, Indonesia, and Thailand; increasing investments from major global food processors; and burgeoning F&B industry, primarily due to the increasing urbanization, a huge base of population, growing health awareness, and rising disposable income.
The key players operating in the food processing equipment market are Bühler AG (Switzerland), Marel HF (Iceland), GEA Group Aktiengesellschaft (Germany), Bucher Industries AG (Switzerland), John Bean Technologies Corporation (U.S.), The Middleby Corporation (U.S.), Heat and Control Inc. (U.S.), SPX Flow Inc. (U.S.), Alfa Laval AB (Sweden), Nichimo Co., Ltd. (Japan), Krones Group (Germany), Paul Mueller Company (U.S.), Key Technology Inc. (U.S.), Tetra Pak International S.A. (Switzerland), Baader Group (Germany), Meyer Industries Limited (Thailand), Dover Corporation (U.S.), Bigtem Makine A.S. (Turkey), and TNA Australia Pty Limited (Australia).
Key questions answered in the report:
- Which are the high-growth market segments in terms of type and geography?
- What is the historical market size for the food processing equipment market?
- What are the market forecasts and estimates for the period 2020-2027?
- What are the major drivers, restraints, opportunities, and challenges in the food processing equipment market?
- Who are the major players in the global market, and what share of the market do they hold?
- Who are the major players in various countries, and what share of the market do they hold?
- How is the competitive landscape for the food processing equipment market?
- What are the recent developments in the food processing equipment market?
- What are the different strategies adopted by the major players in the market?
- What are the key geographic trends, and which are the high-growth countries?
- Who are the local emerging players in the food processing equipment market, and how do they compete with the other players?
Scope of the Report
Food Processing Equipment Market, by Type
- Meat, Poultry, and Seafood Processing Equipment
- Cutters and Grinders
- Smokers, Massagers, and Tumblers
- Mixers
- Tenderizers
- Killing and Defeathering Equipment
- Slicers
- Evisceration Equipment
- Cookers, Roasters, and Grillers
- Deheading and Gutting Equipment
- Filleting Equipment
- Other Meat, Poultry, and Seafood Processing Equipment
- Bakery Processing Equipment
- Ovens and Proofers
- Dough Mixers
- Molders and Sheeters
- Dividers and Rounders
- Depositors
- Other Bakery Processing Equipment
- Beverage Processing Equipment
- Brewery Equipment
- Filtration Equipment
- Carbonation Equipment
- Blenders and Mixers
- Other Beverage Processing Equipment
- Dairy Processing Equipment
- Pasteurizers
- Homogenizers
- Separators
- Evaporators and Drying Equipment
- Membrane Filtration Equipment
- Other Dairy Processing Equipment
- Chocolate and Confectionery Processing Equipment
- Depositors
- Former
- Coating and Spraying Systems
- Mixers
- Coolers
- Other Chocolate and Confectionery Processing Equipment
- Fruits and Vegetables Processing Equipment
- Juice Extractors
- Peelers, Cutters, and Pulpers
- Dryers
- Evaporators
- Other Fruits and Vegetables Processing Equipment
- Other Food Processing Equipment
Food Processing Equipment Market, by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- U.K.
- Spain
- The Netherlands
- Rest of Europe (RoE)
- Asia-Pacific (APAC)
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific (RoAPAC)
- Rest of the World
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America (RoLATAM)
- Middle East & Africa
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
5. Global Food Processing Equipment Market, by Type
6. Food Processing Equipment Market, by Geography
7. Competitive Landscape
8. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
9. Appendix
List of Tables
List of Figures
Companies Mentioned
- Bühler AG (Switzerland)
- Marel HF (Iceland)
- GEA Group Aktiengesellschaft (Germany)
- Bucher Industries AG (Switzerland)
- John Bean Technologies Corporation (U.S.)
- The Middleby Corporation (U.S.)
- Heat and Control Inc. (U.S.)
- SPX Flow Inc. (U.S.)
- Alfa Laval AB (Sweden)
- Nichimo Co. Ltd. (Japan)
- Krones Group (Germany)
- Paul Mueller Company (U.S.)
- Key Technology Inc. (U.S.)
- Tetra Pak International S.A. (Switzerland)
- Baader Group (Germany)
- Meyer Industries Limited (Thailand)
- Dover Corporation (U.S.)
- Bigtem Makine A.S. (Turkey)
- TNA Australia Pty Limited (Australia).
