Global food processing equipment market is expected to reach USD 78.30 billion by 2031 from USD 59.81 billion in 2023, growing at a CAGR of 3.5% during the forecast period of 2024 to 2031.
Market Segmentation
Global Food Processing Equipment Market, By Equipment Type (Cooling and Freezing Equipment, Cooking and Heating Equipment, Fillers, Sealers, Mixers, Grinders and Mills, Cutters and Slicers, Drying and Dehydration Equipment, Peelers, Separators, and Others), Automation Type (Automatic, Semi-Automatic, and Manual), Industry (Meat Poultry & Seafood, Dairy Products, Bakery, Processed Fruit & Vegetable, Confectionery, Grain Mill Products, and Others), Countries (U.S., Canada, Mexico, Brazil, Argentina, rest of South America, China, India, Japan, South Korea, Australia, Indonesia, Thailand, Vietnam, Philippines, Malaysia, rest of Asia-Pacific, Germany, France, Italy, U.K., Netherlands, Spain, Belgium, Switzerland, Poland, Sweden, Denmark, rest of Europe, South Africa, Egypt, U.A.E., Saudi Arabia, Israel, and rest of Middle East and Africa) - Industry Trends and Forecast to 2031
Overview of Global Food Processing Equipment Market Dynamics
- Drivers
- Rising government investments and supportive policies in the food processing sector
- Increasing food safety management concerns across the food industry
- Growing popularity of premium and innovative bakery products
- Restraints
- Regulations for manufacturing and commercialization of food processing equipment
- High initial investment and maintenance costs
- Opportunities
- Adoption of innovative technologies in the food processing industry
- Sustainable and eco-friendly processing solutions
- Challenges
- Changing consumer preference toward fresh and non-processed food
- Transportations and logistics challenges of heavy food processing equipment
Market Players
The key market players operating in the global food processing equipment market are listed below:
- JBT
- ALFA LAVAL
- Marel
- The Middleby Corporation
- Buhler AG
- GEA Group Aktiengesellschaft
- SPX FLOW
- Tetra Pak Group
- Bigtem Makine A.S.
- TNA Australia Pty Limited
- Schaaf Technologie GmbH
- ANKO FOOD MACHINE CO., LTD.
- Bettcher Industries, Inc.
- Baker Perkins
- Heat and Control, Inc.
- Key Technology
- Provisur Technologies, Inc.
- PROXES GMBH
- FME Food Machinery Europe Sp. z o.o
- Alto-Shaam, Inc.
TABLE OF CONTENTS
1 INTRODUCTION
- 1.1 OBJECTIVES OF THE STUDY
- 1.2 MARKET DEFINITION
- 1.3 OVERVIEW
- 1.4 LIMITATIONS
- 1.5 MARKETS COVERED
2 MARKET SEGMENTATION
- 2.1 MARKETS COVERED
- 2.2 GEOGRAPHICAL SCOPE
- 2.3 YEARS CONSIDERED FOR THE STUDY
- 2.4 CURRENCY AND PRICING
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL
- 2.6 MULTIVARIATE MODELING
- 2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
- 2.8 DBMR MARKET POSITION GRID
- 2.9 DBMR VENDOR SHARE ANALYSIS
- 2.10 SECONDARY SOURCES
- 2.11 ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
- 4.1 PESTLE ANALYSIS
- 4.1.1 POLITICAL FACTORS
- 4.1.2 ECONOMIC FACTORS
- 4.1.3 SOCIAL FACTORS
- 4.1.4 TECHNOLOGICAL FACTORS
- 4.1.5 ENVIRONMENTAL FACTORS
- 4.1.6 LEGAL FACTORS
- 4.2 PORTER'S FIVE FORCES
- 4.2.1 THREAT OF NEW ENTRANTS
- 4.2.2 THREAT OF SUBSTITUTES
- 4.2.3 CUSTOMER BARGAINING POWER
- 4.2.4 SUPPLIER BARGAINING POWER
- 4.2.5 INTERNAL COMPETITION
- 4.3 IMPORT EXPORT SCENARIO
- 4.4 PRODUCTION CONSUMPTION ANALYSIS
- 4.5 VENDOR SELECTION CRITERIA
- 4.5.1 QUALITY AND CONSISTENCY
- 4.5.2 TECHNICAL EXPERTISE
- 4.5.3 SUPPLY CHAIN RELIABILITY
- 4.5.4 COMPLIANCE AND SUSTAINABILITY
- 4.5.5 COST AND PRICING STRUCTURE
- 4.5.6 FINANCIAL STABILITY
- 4.5.7 FLEXIBILITY AND CUSTOMIZATION
- 4.5.8 RISK MANAGEMENT AND CONTINGENCY PLANS
- 4.6 CLIMATE CHANGE SCENARIO
- 4.6.1 ENVIRONMENTAL CONCERNS
- 4.6.2 INDUSTRY RESPONSE
- 4.6.3 GOVERNMENT'S ROLE
- 4.6.4 ANALYST RECOMMENDATION
- 4.7 RAW MATERIAL COVERAGE
- 4.8 SUPPLY CHAIN ANALYSIS
- 4.8.1 OVERVIEW
- 4.8.2 LOGISTIC COST SCENARIO
- 4.8.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS
- 4.9 TECHNOLOGICAL ADVANCEMENTS BY MANUFACTURERS
- 4.9.1 AUTOMATION AND ROBOTICS:
- 4.9.2 INTERNET OF THINGS (IOT) INTEGRATION:
- 4.9.3 ADVANCED HYGIENIC DESIGN:
- 4.9.4 ENERGY EFFICIENCY AND SUSTAINABILITY:
- 4.9.5 DIGITAL TWIN TECHNOLOGY:
- 4.9.6 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING:
5 REGULATION COVERAGE
6 MARKET OVERVIEW
- 6.1 DRIVERS
- 6.1.1 RISING GOVERNMENT INVESTMENTS AND SUPPORTIVE POLICIES IN THE FOOD PROCESSING SECTOR
- 6.1.2 INCREASING FOOD SAFETY MANAGEMENT CONCERNS ACROSS THE FOOD INDUSTRY
- 6.1.3 GROWING POPULARITY FOR PREMIUM AND INNOVATIVE BAKERY PRODUCTS
- 6.2 RESTRAINTS
- 6.2.1 REGULATIONS FOR MANUFACTURING AND COMMERCIALIZATION OF FOOD PROCESSING EQUIPMENT
- 6.2.2 HIGH INITIAL INVESTMENT AND MAINTENANCE COST
- 6.3 OPPORTUNITIES
- 6.3.1 ADOPTION OF INNOVATIVE TECHNOLOGIES IN THE FOOD PROCESSING INDUSTRY
- 6.3.2 SUSTAINABLE AND ECO-FRIENDLY FOOD PROCESSING SOLUTIONS
- 6.4 CHALLENGES
- 6.4.1 CHANGING CONSUMER PREFERENCE TOWARD FRESH AND NON-PROCESSED FOOD
- 6.4.2 TRANSPORTATION AND LOGISTICS CHALLENGES OF HEAVY FOOD PROCESSING EQUIPMENT
7 GLOBAL FOOD PROCESSING EQUIPMENT MARKET, BY EQUIPMENT TYPE
- 7.1 OVERVIEW
- 7.2 COOLING AND FREEZING EQUIPMENT l
- 7.3 COOKING AND HEATING EQUIPMENT
- 7.3.1 OVENS
- 7.3.2 STEAMERS
- 7.4 FILLERS
- 7.5 SEALERS
- 7.6 MIXERS
- 7.7 GRINDERS AND MILLS
- 7.8 CUTTERS AND SLICERS
- 7.9 DRYING AND DEHYDRATION EQUIPMENT
- 7.10 PEELERS
- 7.11 SEPARATORS
- 7.12 OTHERS
8 GLOBAL FOOD PROCESSING EQUIPMENT MARKET, BY AUTOMATION TYPE
- 8.1 OVERVIEW
- 8.2 AUTOMATIC
- 8.3 SEMI-AUTOMATIC
- 8.4 MANUAL
9 GLOBAL FOOD PROCESSING EQUIPMENT MARKET, BY INDUSTRY
- 9.1 OVERVIEW
- 9.2 MEAT POULTRY & SEAFOOD
- 9.3 DAIRY PRODUCTS
- 9.4 BAKERY
- 9.5 PROCESSED FRUIT & VEGETABLE
- 9.6 CONFECTIONERY
- 9.7 GRAIN MILL PRODUCTS
- 9.8 OTHERS
10 GLOBAL FOOD PROCESSING EQUIPMENT MARKET, BY REGION
- 10.1 OVERVIEW
- 10.2 ASIA-PACIFIC
- 10.2.1 CHINA
- 10.2.2 INDIA
- 10.2.3 JAPAN
- 10.2.4 SOUTH KOREA
- 10.2.5 AUSTRALIA
- 10.2.6 INDONESIA
- 10.2.7 THAILAND
- 10.2.8 VIETNAM
- 10.2.9 PHILIPPINES
- 10.2.10 MALAYSIA
- 10.2.11 REST OF ASIA-PACIFIC
- 10.3 NORTH AMERICA
- 10.3.1 U.S.
- 10.3.2 CANADA
- 10.3.3 MEXICO
- 10.4 EUROPE
- 10.4.1 GERMANY
- 10.4.2 FRANCE
- 10.4.3 ITALY
- 10.4.4 U.K.
- 10.4.5 NETHERLANDS
- 10.4.6 SPAIN
- 10.4.7 BELGIUM
- 10.4.8 SWITZERLAND
- 10.4.9 POLAND
- 10.4.10 SWEDEN
- 10.4.11 DENMARK
- 10.4.12 REST OF EUROPE
- 10.5 SOUTH AMERICA
- 10.5.1 BRAZIL
- 10.5.2 ARGENTINA
- 10.5.3 REST OF SOUTH AMERICA
- 10.6 MIDDLE EAST AND AFRICA
- 10.6.1 SOUTH AFRICA
- 10.6.2 EGYPT
- 10.6.3 U.A.E.
- 10.6.4 SAUDI ARABIA
- 10.6.5 ISRAEL
- 10.6.6 REST OF MIDDLE EAST AND AFRICA
11 GLOBAL FOOD PROCESSING EQUIPMENT MARKET: COMPANY LANDSCAPE
- 11.1 COMPANY SHARE ANALYSIS: GLOBAL
- 11.2 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
- 11.3 COMPANY SHARE ANALYSIS: EUROPE
- 11.4 COMPANY SHARE ANALYSIS: NORTH AMERICA
12 SWOT ANALYSIS
13 COMPANY PROFILES
- 13.1 TETRA PAK GROUP
- 13.1.1 COMPANY SNAPSHOT
- 13.1.2 COMPANY SHARE ANALYSIS
- 13.1.3 PRODUCT PORTFOLIO
- 13.1.4 RECENT DEVELOPMENTS
- 13.2 BUHLER AG
- 13.2.1 COMPANY SNAPSHOT
- 13.2.2 REVENUE ANALYSIS
- 13.2.3 COMPANY SHARE ANALYSIS
- 13.2.4 PRODUCT PORTFOLIO
- 13.2.5 RECENT DEVELOPMENTS
- 13.3 MAREL
- 13.3.1 COMPANY SNAPSHOT
- 13.3.2 REVENUE ANALYSIS
- 13.3.3 COMPANY SHARE ANALYSIS
- 13.3.4 PRODUCT PORTFOLIO
- 13.3.5 RECENT DEVELOPMENTS
- 13.4 GEA GROUP AKTIENGESELLSCHAFT
- 13.4.1 COMPANY SNAPSHOT
- 13.4.2 REVENUE ANALYSIS
- 13.4.3 COMPANY SHARE ANALYSIS
- 13.4.4 PRODUCT PORTFOLIO
- 13.4.5 RECENT DEVELOPMENTS
- 13.5 SPX FLOW
- 13.5.1 COMPANY SNAPSHOT
- 13.5.2 COMPANY SHARE ANALYSIS
- 13.5.3 PRODUCT PORTFOLIO
- 13.5.4 RECENT DEVELOPMENTS
- 13.6 ALFA LAVAL
- 13.6.1 COMPANY SNAPSHOT
- 13.6.2 REVENUE ANALYSIS
- 13.6.3 PRODUCT PORTFOLIO
- 13.6.4 RECENT DEVELOPMENTS
- 13.7 ALTO-SHAAM, INC.
- 13.7.1 COMPANY SNAPSHOT
- 13.7.2 PRODUCT PORTFOLIO
- 13.7.3 RECENT DEVELOPMENT
- 13.8 ANKO FOOD MACHINE CO., LTD.
- 13.8.1 COMPANY SNAPSHOT
- 13.8.2 PRODUCT PORTFOLIO
- 13.8.3 RECENT DEVELOPMENTS
- 13.9 BAKER PERKINS
- 13.9.1 COMPANY SNAPSHOT
- 13.9.2 PRODUCT PORTFOLIO
- 13.9.3 RECENT DEVELOPMENTS
- 13.10 BETTCHER INDUSTRIES, INC.
- 13.10.1 COMPANY SNAPSHOT
- 13.10.2 PRODUCT PORTFOLIO
- 13.10.3 RECENT DEVELOPMENTS
- 13.11 BIGTEM MAKINE A.S.
- 13.11.1 COMPANY SNAPSHOT
- 13.11.2 PRODUCT PORTFOLIO
- 13.11.3 RECENT DEVELOPMENTS
- 13.12 FME FOOD MACHINERY EUROPE SP. Z O.O
- 13.12.1 COMPANY SNAPSHOT
- 13.12.2 PRODUCT PORTFOLIO
- 13.12.3 RECENT DEVELOPMENT
- 13.13 HEAT AND CONTROL, INC.
- 13.13.1 COMPANY SNAPSHOT
- 13.13.2 PRODUCT PORTFOLIO
- 13.13.3 RECENT DEVELOPMENTS
- 13.14 JBT
- 13.14.1 COMPANY SNAPSHOT
- 13.14.2 REVENUE ANALYSIS
- 13.14.3 PRODUCT PORTFOLIO
- 13.14.4 RECENT DEVELOPMENTS
- 13.15 KEY TECHNOLOGY
- 13.15.1 COMPANY SNAPSHOT
- 13.15.2 PRODUCT PORTFOLIO
- 13.15.3 RECENT DEVELOPMENTS
- 13.16 PROVISUR TECHNOLOGIES, INC.
- 13.16.1 COMPANY SNAPSHOT
- 13.16.2 PRODUCT PORTFOLIO
- 13.16.3 RECENT DEVELOPMENTS
- 13.17 PROXES GMBH
- 13.17.1 COMPANY SNAPSHOT
- 13.17.2 PRODUCT PORTFOLIO
- 13.17.3 RECENT DEVELOPMENT
- 13.18 SCHAAF TECHNOLOGIE GMBH
- 13.18.1 COMPANY SNAPSHOT
- 13.18.2 PRODUCT PORTFOLIO
- 13.18.3 RECENT DEVELOPMENTS
- 13.19 THE MIDDLEBY CORPORATION
- 13.19.1 COMPANY SNAPSHOT
- 13.19.2 REVENUE ANALYSIS
- 13.19.3 PRODUCT PORTFOLIO
- 13.19.4 RECENT DEVELOPMENTS
- 13.20 TNA AUSTRALIA PTY LIMITED
- 13.20.1 COMPANY SNAPSHOT
- 13.20.2 PRODUCT PORTFOLIO
- 13.20.3 RECENT DEVELOPMENTS
14 QUESTIONNAIRE
15 RELATED REPORTS