Food Processing And Handling Equipment Market Size, Share, Growth Analysis, By By type(Food Processing Equipment, Food Service Equipment, Food Packaging Equipment), By Equipment(Size Reduction Equipment, Size Enlargement Equipment, Homogenizers, Mixers & Blenders), By Operation(Automatic, Semi-automatic, Manual), By Application(Bakery & Confectionery, Meat & Poultry, Fish & Seafood, Dairy Products), By End-product(Solid, Liquid, Semi-solid), By Region - Industry Forecast 2024-2031

Food Processing And Handling Equipment Market size was valued at USD 130.6 billion in 2019 and is poised to grow from USD 138.44 billion in 2023 to USD 233.88 billion by 2031, growing at a CAGR of 6% in the forecast period (2024-2031).

Food processing and handling equipment demand is increasing as the food industry expands, owing to increased consumption of foods such as meat products, bakery and confectionery products, prepared food, and convenience food. Non-thermal processing is another new technology being developed to help the manufacturing process by reducing production time, ingredient and food waste, and overall cost. Food processing industry advancements, processing technology innovation, and continuous growth in processed food demand are some of the factors expected to support the growth of the food & food processing and handling equipment market. Manufacturers are expected to adopt new equipment to meet the demand for healthy functional foods and beverages due to the growing preference for healthy food and functional foods. The expansion of food manufacturing capacity and the expansion of the food processing industry in emerging economies will also support the growth of the food processing and handling equipment market.

US Food Processing And Handling Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.