Food Processing Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Food and Beverage Processing Machinery Manufacturers and is segmented by Type (Processing Machinery and Equipment, Packaging Machinery and Equipment, and Utilities), By Application (Milk and Dairy, Meat and Poultry, Bakery and Confectionery, Beverage, Fruits, Vegetables and Nuts, and Others), and by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa).

Food Processing Equipment Market Size

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Food Processing Machinery Market Summary
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Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.50 %
Fastest Growing Market Asia Pacific
Largest Market Europe
Market Concentration Low

Major Players

Food Processing Machinery Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Food Processing Equipment Market Analysis

The global food processing machinery market is projected to register a CAGR of 5.5% during the forecast period 2022-2027.

The spread of Covid-19 created market uncertainty in the equipment manufacturing industry around the world. Despite the closure of key companies, the government is taking precautionary steps to control the spread of Covid-19, such as social distancing among civilians and workers, to reduce the risk of being impacted. Manufacturing of food processing equipment has decreased as a result of a hasty global lockdown. As a result, machine production and food processing procedures came to a halt.

Processed food demand and consumption have been steadily increasing, which is a major industry driver. Despite being a global phenomenon, this desire is particularly prevalent in underdeveloped countries. The food processing sector in nations like India and China has fundamentally evolved as a result of recent economic success and increased market openness to international commodities. The increase in meat-eating is one of the most significant consequences of this. One of the fastest expanding segments, especially in developing nations, is meat processing equipment.

The developed markets of Western Europe, the United States, and Canada are witnessing a strong demand for processing and packaging equipment for the bakery and beverage industry. The increasing popularity of functional beverages has escalated the demand for equipment that is utilized in the production of non-alcoholic drinks and dairy-based beverage products.

Food Processing Equipment Market Trends

This section covers the major market trends shaping the Food Processing Machinery Market according to our research experts:

Increasing Automation in Food and Beverage Processing

Advances in computerized food processing technology have solidified automation and autonomous equipment as essential components of the food production and processing business. Automation is helping to reduce production time while increasing output as demand and costs continue to rise. Food processors are increasingly aware of the value of data-driven insights in maximizing raw material utilization, improving food quality and safety, and ensuring traceability and support for constant improvement. The robotic butchery machine, which helps speed up the process, is one of the most common types of automation gear. This automated equipment also makes the facility safer since they reduce the influence on personnel who are handling potentially harmful tools and apparatus.

Automated Food Processing Machinery Market : Year-On-Year Growth Rate, (in %), 2018-2021

Europe Holds the Largest Market Share

Europe, one of the prominent regions, is likely to witness significant growth in the future owing to the demand for high-quality systems. Germany, Netherlands, and Denmark are the important regions in Europe. Firms belonging to Europe are also major exporters. Furthermore, Asia Pacific is expected to be the dominant regional market over the forecast period. The economic performance of China with large-scale investments in technology and research favors the region's growth. China is expected to undertake massive changes in its food and beverage industry with a view to overcoming the challenges, including economic disparity and increasing urbanization.

Food Processing Machinery Market - Market Size (%), By Region, Global, 2021

Food Processing Equipment Industry Overview

The global food processing machinery market has the presence of large regional and domestic players in different countries, where domestic companies have gained preference over multinationals due to their strong market power. Some of the major players in the global food processing machinery market include Anko Food Machine, Bühler AG, Atlas Pacific Engineering Co. Inc., Bean (John) Technologies Corp., Tetra Laval, and GEA.

Food Processing Equipment Market Leaders

  1. Anko Food Machine

  2. GEA

  3. Bühler AG

  4. Tomra Systems

  5. Krones

*Disclaimer: Major Players sorted in no particular order

Food Processing Machinery Market Concentration
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Food Processing Equipment Market News

In 2021, GEA launched the latest version of its SKIN thermoforming packaging technology: PowerPak SKIN.50.

In 2020, Tomra Systems marked the global launch of TOMRA Sorting Recycling's latest advanced sorting solutions to meet demand for faster, more efficient and smarter material sorting - both now and in the future. Under the theme of 'Symphony of all Sorts', TOMRA Sorting Recycling formally launched two brand new products - TOMRA's new generation technology AUTOSORT and AUTOSORT SPEEDAIR, and also outlined plans for the forthcoming launch of a third new solution, AUTOSORT CYBOT.

In 2020, Krones Inc. announced the launch of the Krones Process Group North America to provide a more cohesive offering to the beverage, dairy, and food industries in North America, Central America, and the Caribbean.

Food Processing Equipment Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Processing Machinery and Equipment

      2. 5.1.2 Packaging Machinery and Equipment

      3. 5.1.3 Utilities

    2. 5.2 By Application

      1. 5.2.1 Milk and Dairy

      2. 5.2.2 Meat and Poultry

      3. 5.2.3 Bakery and Confectionery

      4. 5.2.4 Beverage

      5. 5.2.5 Fruits, Vegetables and Nuts

      6. 5.2.6 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Anko Food Machine

      2. 6.4.2 Buhler AG

      3. 6.4.3 GEA

      4. 6.4.4 Krones

      5. 6.4.5 Tetra Laval

      6. 6.4.6 Atlas Pacific Engineering Co. Inc.

      7. 6.4.7 Bean (John) Technologies Corp.

      8. 6.4.8 Hosokawa Micron Corp.

      9. 6.4.9 Nichimo Co. Ltd.

      10. 6.4.10 Satake Corp.

      11. 6.4.11 Spx Corp.

      12. 6.4.12 Tomra Systems ASA

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19 ON THE MARKET

**Subject to Availability
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Food Processing Equipment Industry Segmentation

Food processing machinery is a large and complicated market that includes all of the machines and equipment used in commercial food production and packaging. The global food processing machinery market is segmented by type and application. By type, the market studied is segmented into processing machinery and equipment, packaging machinery and equipment, and utilities. By application, the market studied is segmented into milk and dairy, meat and poultry, bakery and confectionery, beverage, fruits, vegetables and nuts, and others. The report also provides an analysis of the emerging and established geographical regions by covering regions such as North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers market size and forecasts in value (USD million) for the above segments.

By Type
Processing Machinery and Equipment
Packaging Machinery and Equipment
Utilities
By Application
Milk and Dairy
Meat and Poultry
Bakery and Confectionery
Beverage
Fruits, Vegetables and Nuts
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle-East and Africa
South Africa
Saudi Arabia
Rest of Middle-East and Africa
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Food Processing Equipment Market Research FAQs

The Food Processing Machinery Market is projected to register a CAGR of 5.5% during the forecast period (2024-2029)

Anko Food Machine, GEA, Bühler AG, Tomra Systems and Krones are the major companies operating in the Food Processing Machinery Market.

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Europe accounts for the largest market share in Food Processing Machinery Market.

The report covers the Food Processing Machinery Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Food Processing Machinery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Food Processing Machinery Industry Report

Statistics for the 2024 Food Processing Machinery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Food Processing Machinery analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Food Processing Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)