rding to the recent FMI report, the sales of the food processing equipment market are expected to surpass a value of US$ 69.8 Bn in 2032, rising at a CAGR of around 4.5% through the end of 2032.
Rising customer demands for clean, healthy, and safe meals have fuelled the emergence of packing solutions that are strong enough to withstand the rigours of manufacture and transportation.
Bagging, filling, wrapping, conveying, sealing, and other all-purpose operations are becoming more popular. The market has also witnessed an increase in the for shelf-stable food goods, increasing the adoption of aseptic packaging and forming machines.
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Increased demand for dairy, meat, poultry, and seafood products, as well as rising food safety awareness, are other factors impacting the food processing equipment market. Food processing is the chemical or physical transformation of basic components into acceptable food items. These machines can be automated completely or partially.
These instruments are utilized in a variety of sectors, including seafood and meat processing, poultry farming, dairy, chocolate, vegetable and beverage processing. High-speed packaging and labelling machines are used in the dairy and meat industries. There are three types of end products: liquid, solid, and semi-solid.
Key Takeaways from the Food Processing Equipment Market Study:
- Europe & North America hold majority in the food processing equipment manufacturing global share
- The meat, poultry, and seafood industries will account for the bulk of market share and will continue to do so for the foreseeable future.
- India is estimated to be the lucrative food processing equipment market in South Asia over the forecast period
“Key players in the food processing equipment market are focusing on developments and opportunities for manufacturing of ready-to-eat food. In order to gain competitive edge, market players are spending extensively in R&D to develop novel products. Manufacturers are also concentrating on incorporating technical advancements in order to boost manufacturing efficiency.” said a lead analyst at FMI.
Who is winning?
Some of the leading companies operating in food processing equipment manufacturing are Tetra Pak, HOSHIZAKI Corp., Gea Group, Alfa Lavel, Krones, Middleby ,Buhler, Marel, Atlas, Pacific engineering co. inc., Welbilt, Inc., Dover, Rational AG, and others.
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Food Processing Equipment Market By Category
By Automation type:
- Automatic
- Semi-Automatic
- Manual
By Application:
- Storage Tank
- Chiller
- Pasteurizer
- Filters
- CIP Unit
- Cream Separators
- Spray Dryer
- Homogenizer
- Batch Collectors & Feeders
- Pulverizing and Mixing
- Melting, Heating & Cooking
- Flaking, Chipping & Cutting
- Molding
- Cooling & Chilling
- Flavoring and Seasoning
- Washer/ Crushing
- Pulping/ Milling/ Slicing
- Tanks & Storage
- Fermenting
- Filtering
- Distillation/ Sanitizing
- Bottling/ Filling
- Washing
- Shorting/ Segregating
- Pealing & Slicing
- Cooling/ Freezing
- Drying/ Frying / Cooking
- Others Applications
By Region, Food Processing Equipment Market is Segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Frequently Asked Questions
- How big is the food processing equipment market?
- What is the North America food processing equipment market outlook?
- At what rate will food processing equipment demand grow in Europe?
- What are the key trends shaping food processing equipment?
- How much is the current worth of food processing equipment market?
- How was the performance in the last five years?
- What is the demand outlook forecast for the food processing equipment market?
- Who are the top 5 players operating in the market?
- How are market players reacting to the new developments in the market?
- Which are the major countries driving demand for food processing equipment?
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About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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