Food and Beverage Processing Equipment Market size was valued at US$ 55.15 Bn in 2022 and the total revenue is expected to grow at 5 % through 2023 to 2029, reaching nearly US$ 77.61 Bn.Food and Beverage Processing Equipment Market Overview:
The global food and beverage processing equipment market was estimated at US$ 55.15 Billion in 2022, and it is expected to reach US$ 77.61 Billion by 2029, growing at a CAGR of 5% over the forecasting period. The growing consumer awareness in food selection, the food and beverage industry is expected to undergo certain structural changes in 2022. The trend toward more sustainable, regenerative, plant-based, and immunity-boosting foods and beverages is driving up demand for the category.To know about the Research Methodology :- Request Free Sample Report The market is forecasted from 2023 to 2029 using 2022 as a base year. The market size for 2020 is based on actual figures and outputs from key companies and big players around the world. Previous five-year trends are considered while forecasting the market until 2026. 2020 is a year of exception, with the impact of lockdown broken out by area.
Food and Beverage Processing Equipment Market Dynamics:
The global food and beverage processing equipment market is expected to grow at CAGR of 5% during the forecast period, owing to the strong demand for pre-packaged and processed foods, and thus the target market is expected to have positive growth. In addition, constantly changing and busy lifestyles, especially working women, are expected to generate demand for ready-to-eat and processed foods, which are expected to drive the growth of the food and beverage processing equipment market. The supply of raw materials, changes in lifestyle and the increase in disposable income are some of the factors driving the demand for ready-to-eat foods such as processed meat and seafood, which are expected to affect the growth of the global food and beverage processing equipment market during the forecast period. The exponential growth of the food and beverage industry is also one of the most impotent driving factors which affect the growth of food and beverage processing equipment market. The major restraint of the global market is increasing costs of production, owing to rising energy and labour costs is expected to hamper the growth of market.Food and Beverage Processing Equipment Market Segment Analysis:
Based on the equipment type, the global market is sub-segmented into Pre-Processing, and Processing. The processing segment held largest share of xx% in 2022, owing to high demand of processed food industry, food and beverage processing machine maintain hygiene, safety and quality, this machines helps to provide accuracy of controlling pressure and temperature of food products. Additionally, increasing demand of perishable food products providing the health benefit this factor is drives the growth of global market. Based on the automation type, the global market is sub-segmented into Semi-Automatic, and Automatic. The automatic segment held large share of xx% in 2022, owing to better quality control, end-to-end traceability, improved worker safety, efficiency boost. The use of automated production lines lowers production costs and labour costs while also reducing human error and assuring consistency in output. Based on the application, the global market is sub-segmented into bakery & confectionery products, meat & poultry products, dairy products, alcoholic beverages, non-alcoholic beverages, fish & seafood products, and others. The bakery & confectionery segment held 31% share of the total industry in 2022. The demand of bakery and confectionery segment is increases due to easy availability of products, low cost, variety of flavors, changing lifestyle and increasing demand of fast food. Dairy product is second dominant segment with CAGR of 11.2% during forecasting period 2023-2029. Increasing competition for dairy products in countries like the United States, China, and India is moving the dairy industry forward. Butter demand is growing at a quick rate of roughly 7.2 percent in the United States, and it is continue to grow during the forecast period.Regional Insights:
The Asia-Pacific region held largest market share of xx% in 2022, due to increased demand from the processed food industry. The food processing industry in emerging countries such as India and China often involves the export of processed food, so manufacturers in the region are focusing on the adoption of advanced technology and automation. In addition, due to the increasing demand for high-end food processing equipment, which can shorten processing time and improve the fluency of manufacturing operations, it is expected that the market in this region experience significant growth of xx% during the forecast period. The North America is the second dominant region. It held xx% of share in 2022, owing to increasing awareness regarding new food products. In addition, growing investments in research and development efforts to develop new technologies, which are expected to drive the growth of market in the region.Recent development:
• Tetra Pak launched a connected packaging platform in April 2021, which aims to turn juice and milk cartons into interactive information channels, digital tools, and full-scale data carriers. • June 2021, Hobart launched new cost-effective and standard heavy duty mixer, Centerline HMM20 for multiple kitchen applications. The objective of the report is to present a comprehensive analysis of the global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and projects the global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.Food and Beverage Processing Equipment Market Scope: Inquire before buying
Food and Beverage Processing Equipment Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 55.15 Bn. Forecast Period 2023 to 2029 CAGR: 5% Market Size in 2029: US $ 77.61Bn. Segments Covered: by Equipment type Pre-Processing Processing by Automation type Semi-Automatic Automatic by Application Bakery & confectionery products Meat & poultry products Dairy products Alcoholic beverages Non-alcoholic beverages Fish & seafood products Others Food and Beverage Processing Equipment Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (razil, Argentina Rest of South America)Key Players:
1. Alfa Laval 2. GEA Group 3. Buhler 4. Clextral 5. Marel 6. JBT Corporation 7. TNA Australia Solutions 8. Bucher industries 9. SPX Flow 10. Bigtem Makine 11. Krones Group 12. Fenco Food Machinery 13. Equipamientos Carnicos 14. S.L 15. Praj Industries 16. KHS GmbH 17. Welbil Inc 18. Electrolux 19. Tetra Laval 20. IMA GroupFrequently Asked Questions:
1. Which region has the largest share in Global Food and Beverage Processing Equipment Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Food and Beverage Processing Equipment Market? Ans: The Global Food and Beverage Processing Equipment Market is growing at a CAGR of 5% during forecasting period 2023-2029. 3. What segments are covered in Global Food and Beverage Processing Equipment market? Ans: Global Food and Beverage Processing Equipment market is segmented into equipment type, automation type, application, and Region. 4. Who are the key players in Global Food and Beverage Processing Equipment market? Ans: The important key players in the Global Food and Beverage Processing Equipment market are Alfa Laval, GEA Group, Buhler, Clextral, Marel, JBT Corporation, TNA Australia Solutions, Bucher industries, SPX Flow, Bigtem Makine, Krones Group, Fenco Food Machinery, Equipamientos Carnicos, 5. What is the study period of this market? Ans: The Global Food and Beverage Processing Equipment market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Food and Beverage Processing Equipment Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Food and Beverage Processing Equipment Market 3.4. Geographical Snapshot of the Food and Beverage Processing Equipment Market, By Manufacturer share 4. Global Food and Beverage Processing Equipment Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Food and Beverage Processing Equipment Market 5. Supply Side and Demand Side Indicators 6. Global Food and Beverage Processing Equipment Market Analysis and Forecast, 2022-2029 6.1. Global Food and Beverage Processing Equipment Market Size & Y-o-Y Growth Analysis. 7. Global Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 7.1.1. Pre-Processing 7.1.2. Processing 7.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 7.2.1. Semi-Automatic 7.2.2. Automatic 7.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.3.1. Bakery & confectionery products 7.3.2. Meat & poultry products 7.3.3. Dairy products 7.3.4. Alcoholic beverages 7.3.5. Non-alcoholic beverages 7.3.6. Fish & seafood products 7.3.7. Others 8. Global Food and Beverage Processing Equipment Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 9.1.1. Pre-Processing 9.1.2. Processing 9.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 9.2.1. Semi-Automatic 9.2.2. Automatic 9.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.3.1. Bakery & confectionery products 9.3.2. Meat & poultry products 9.3.3. Dairy products 9.3.4. Alcoholic beverages 9.3.5. Non-alcoholic beverages 9.3.6. Fish & seafood products 9.3.7. Others 10. North America Food and Beverage Processing Equipment Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Food and Beverage Processing Equipment Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Food and Beverage Processing Equipment Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Food and Beverage Processing Equipment Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Food and Beverage Processing Equipment Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Food and Beverage Processing Equipment Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Equipment type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Automation type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Food and Beverage Processing Equipment Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Alfa Laval 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. GEA Group 45.3.3. Buhler 45.3.4. Clextral 45.3.5. Marel 45.3.6. JBT Corporation 45.3.7. TNA Australia Solutions 45.3.8. Bucher industries 45.3.9. SPX Flow 45.3.10. Bigtem Makine 45.3.11. Krones Group 45.3.12. Fenco Food Machinery 45.3.13. Equipamientos Carnicos 45.3.14. S.L 45.3.15. Praj Industries 45.3.16. KHS GmbH 45.3.17. Welbil Inc 45.3.18. Electrolux 45.3.19. Tetra Laval 45.3.20. IMA Group 46. Primary Key Insights