Food Processing Equipment Market Size, Share, Growth Analysis, By Mode of Operation(Automatic, Semi-automatic), By Type(Processing Equipment, Pre-processing Equipment), By Application(Bakery & Confectionaries; Meat, Poultry, & Seafood; Beverage; Dairy; Fruit, Nut), By Region - Industry Forecast 2024-2031

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.

Food Processing Equipment Market Top Player’s Company Profiles

• GEA Group AG
• Alfa Laval AB
• Bühler AG
• Tetra Pak International S.A.
• JBT Corporation
• Marel hf.
• SPX Corporation
• Bucher Industries AG
• Krones AG
• Middleby Corporation
• John Bean Technologies Corporation
• Paul Mueller Company
• Hosokawa Micron Corporation
• Key Technology, Inc.
• Heat and Control, Inc.
• Spx FLOW Inc.
• Baader Group
• Anko Food Machine Co., Ltd.
• Nichimo Co., Ltd.
• Tomra Systems ASA

Food Processing Equipment Market 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.