USD 127.1 Billion
Food Processing Equipment Market Size, Share, and Growth Analysis
Food Processing Equipment Market By Type (Pre-Processing, Processing), By Equipment (Size Reduction Equipment, Size Enlargement Equipment), By Operation (Automatic, Manual), By Application, By End-product (Solid, Liquid), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20E2054 |
Region:
Global |
Published Date: November, 2024
Pages:
165
|Tables:
90
|Figures:
76
Format -
Food Processing Equipment Market Insights
Food Processing Equipment Market size was valued at USD 127.1 Billion in 2023 and is poised to grow from USD 134.34 Billion in 2024 to USD 199.35 Billion by 2032, growing at a CAGR of 5.7% during the forecast period (2025-2032).
A food processing machine is a machine that converts raw food resources into consumable food items. This machinery is utilized in a variety of applications in the food and beverage industries. Bakery, meat and poultry, dairy, and a variety of other industries use custom food processing machinery to improve food product conditioning. Food processing machines provide easy, appealing, safe, and hygienic consumable food products, enhancing machine sales. Population growth, combined with rising per capita disposable income, is expected to increase demand for meat and poultry, as well as consumption of processed foods, boosting market growth over the forecast period. Because of their inherent advantages, such as quality control, durability, hygiene, and preservation, these systems are widely used in a variety of industries, including bakery and confectionery, meat, seafood, and poultry, dairy, and grains.
US Food Processing Equipment Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Poultry
Fastest Growth
Poultry
Growth Rate
5.7% CAGR
Global Food Processing Equipment Market ($ Bn)
Country Share for Aisa Pacific Region (%)
Country Share for North America Region (%)
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Food Processing Equipment Market Segments Analysis
Global Food Processing Equipment Market is segmented by type, Operation, Application, End-Product and region. Based on Type, the market is segmented into Pre-Processing, Processing. Based on Equipment, the market is segmented into Size Reduction Equipment, Size Enlargement Equipment, Homogenizers, Mixers & Blenders. Based on Operation, the market is segmented into Automatic, Semi-automatic, Manual. Based on application, the market is segmented into Bakery & Confectionery, Meat & Poultry, Fish & Seafood, Dairy Products, Alcoholic Beverages, Non-alcoholic Beverages, Other. Based on End-Product, the market is Solid, Liquid, Semi-solid. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by product
In 2021, the processing equipment segment dominated the global food processing equipment market, accounting for more than 50% of total revenue. Food pre-processing equipment is expected to generate significant market revenue due to rising demand for ready-to-eat foods. The machinery is used in the food business, specifically for the preparation of fruits and vegetables, meat, and poultry. The growing demand for perishable food products with health advantages is prompting the adoption of new market trends.
The sheer high demand for processed items and the growing popularity of healthy and packaged foods, this segment is predicted to grow the fastest throughout the forecast period. Pre-processing equipment is used in a variety of sectors for mixing, killing, and filleting. Demand for these systems is projected to arise from the Middle East, Central and South America, as a result of rising urbanization, industrialization, and changing consumer eating habits.
Global Food Processing Equipment Market By Application
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Food Processing Equipment Market Regional Insights
In 2021, Asia Pacific had the largest market share and is predicted to increase at an exponential rate throughout the forecast period due to India's and China's emerging food processing industries. According to the National Investment Promotion and Facilitation Agency of India (NIPFA), India's food processing industry is predicted to reach over USD 530 billion by 2027, providing several growth opportunities. Furthermore, rising demand for frozen food in China and Australia is propelling Asia Pacific market growth.
Rising demand for ready-to-eat and convenience food in the United Kingdom, Germany, and France will drive up demand in Europe throughout the anticipated period. The region's growing number of food processing facilities is also likely to generate chances for key players in this industry. Food manufacturers are making enormous expenditures to expand their production capacity in order to meet the fastest growing consumer needs. For example, in November 2019, Kellogg's announced a USD 121.5 million investment to expand its Pringles production in Poland. The plant is scheduled to begin operations in 2021.
Global Food Processing Equipment Market By Region
- Largest
- Fastest
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Food Processing Equipment Market Dynamics
Driver
Rising demand for safe and hygienic processed convenience food products is likely to drive food processing equipment market growth
- Customers' evolving health concerns and dietary plans in both developing and developed regions are expected to drive market growth in the coming years. Governments and numerous food associations are pushing food processing machine manufacturers to spend in R&D, which will increase the revenue of the food processing technology and equipment market. For example, in the U.K. A food standards agency based in the United Kingdom provides several training sessions to food processing equipment manufacturers in order to maintain food hygiene and thus improve the dietary benefits of the food product. Food standards are intended to compel value chain partners to adhere to severe government requirements in order to ensure the safety of ready-to-eat meals.
Restraint
The food processing equipment market is hampered by a lack of skilled/trained labour
- The worldwide food processing equipment industry has major market challenges due to a lack of competent workforce. Lockdowns caused by the COVID-19 epidemic have shut down operations across economies, resulting in considerable market constraint. The incorporation of IoT Technology in the Food Processing area, such as BAADER revamping its Food Processing Equipment into modern digital solutions to create an automated food chain, is projected to drive the market positively in the coming years.
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Food Processing Equipment Market Competitive Landscape
The global food processing equipment market is highly competitive due the presence of both established multinational players and local/regional players. Mergers and acquisitions, new product launches, and licensing agreements are just a few of the strategies used by market participants to strengthen their market positions. The trading of equipment is influenced by a variety of government regulatory frameworks, tariffs, and regulations. As a result, various companies tend to opt for innovative and competitive market strategies in order to withstand competition and maintain market position.
Top Players in Food Processing Equipment Market
- Bühler AG (Switzerland)
- Tetra Pak International S.A. (Sweden)
- GEA Group (Germany)
- Krones AG (Germany)
- John Bean Technologies Corporation (JBT) (U.S.)
- Marel (Iceland)
- The Middleby Corporation (U.S.)
- SPX Flow, Inc. (U.S.)
- Alfa Laval AB (Sweden)
- Heat and Control, Inc. (U.S.)
- Hosokawa Micron Group (Japan/Netherlands)
- Satake Corporation (Japan)
- Anko Food Machine Co. Ltd. (Taiwan)
- Tomra Systems ASA (Norway)
- Paul Mueller Company (U.S.)
- Bigtem Makine A.S. (Turkey)
- Atlas Pacific Engineering Co. (U.S.)
- Nichimo Co., Ltd. (Japan)
- Bucher Industries AG (Switzerland)
- TNA Australia Pty Limited (Australia)
Recent Development
- In April 2022, Marel announced an agreement to acquire Wenger Manufacturing LLC (“Wenger”), a global leader in processing solutions focused on pet food, plant-based proteins, and aqua feed (“the Acquisition”). The acquisition of Wenger is a platform investment into new, complementary and attractive growth markets for Marel and will form the fourth business segment alongside poultry, meat and fish.
- In July 2022, Aldevra, a foodservice equipment and supplies dealership based in Kalamazoo, Michigan, acquired a bid-build division from a foodservice equipment designer, which it claims would allow it to extend its equipment and installation capabilities for federal, institutional, and commercial accounts.
Food Processing Equipment Key Market Trends
- Use of cutting-edge technology in processing equipment is a major trend in global food processing equipment market. Aside from raising food safety awareness, increased demand for processed food products has resulted in the adoption of advanced technology-based processing equipment, which is expected to boost the global food processing market in the near future. BAADER, for example, renamed its food processing machines as modern digital solutions that provide an automated food value chain. Concepts like the Internet of Things (IoT), Artificial Intelligence, and Industry 4.0 help businesses achieve the highest degree of food safety, increase traceability, and thereby reduce hazards associated with food processing procedures.
Food Processing Equipment Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
According to our analysis, worldwide use of processed foods has expanded substantially in recent decades. The expanding global population is a major contributor to this growth. According to the United Nations Department of Economic and Social Affairs, the world population reached 7.3 billion in 2015 and is expected to reach 9.7 billion by 2050. As a result, consumers in urban areas have a much broader selection and better food availability than those in rural areas. This urbanization trend adds significantly to higher living standards and rising incomes, which in turn has a stronger impact on the affordability of processed food products. As a result, food processors are constantly seeking and experimenting with novel processing and preservation procedures using technologically advanced equipment, fueling the global adoption of food processing equipment.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 127.1 Billion |
| Market size value in 2032 | USD 199.35 Billion |
| Growth Rate | 5.7% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Food Processing Equipment Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Food Processing Equipment Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Food Processing Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Food Processing Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Food Processing Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Food Processing Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Food Processing Equipment Market Report Snapshots
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