Food Processing Equipment Market Analysis - Global Industry Size, Share, Trends and Forecast 2018 - 2026

The global food processing equipment market is projected worth USD 87.3 Billion in 2026 and the market is projected to showcase 6.4% CAGR during the forecast period.

The market is driven by increasing demand for processed and (RTE) Ready-to-Eat food modes of operations across the world.

Report coverage

Market Dynamics

Speedily expanding food and beverage sector across the world is expected to drive the food processing equipment market. Factors for instance,increasing disposable income levels, speedy globalization, and acceptance of automated technologies, drives the growth of this food processing equipment market. Rising pressure on the processing industry owing to growing need for processed and packaged food modes of operations as a result of increasing populace is anticipated to boost the food processing equipment market during the forecast period.

Market Insights

Increasing health consciousness and dietary shifts in developed, as well as emerging regions are also projected to bolster food processing equipment market development in the coming years. In addition, numerous government organizations are encouraging the food processing equipment producers to improve their research and development capabilities, which is also expected to drives the food processing equipment market growth.

The automatic equipment have observed higher need in recent years as compared to semi-automatic machinery. Trends such as green revolution and Industry 4.0 in the manufacturing sector favours automation in the industry. This is also supporting the food processing equipment market growth. Food standards and safety are the ace target for the value chain player and they demand to follow stringent government guidelines and standards for it.

Market Classification

The global food processing equipment market is segmented into four major segment named modes of operation, type, application, and region. On the basis of modes of operation the food processing equipment market is segmented intosemi-automatic and automatic. On the basis of the type the global food processing equipment market is segmented into processing and pre-processing. On the basis of application, the food processing equipment market is segmented into Bakery & Confectionery, Meat, Poultry, & Seafood, Beverage, Dairy, Fruit, Nut, & Vegetable, Grains and Other. On the basis of region the global Food Processing Equipment market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Regional Insights

Europe region, one of the prominent regions, is expected to observer substantial development in future due to need for high-quality systems. Though, APAC is anticipated to be the dominant regional food processing equipment market during the forthcoming years. Economic performance of China with large-scale funds in technology and research favours the region’s development. China is anticipated to undertake massive changes in its food and beverage sector, with a view to overcome the challenges comprise economic disparity and growing urbanization. In terms of revenue, APAC captures 36.3% of the global share in 2018 and is anticipated to witness a CAGR of 9.1% in the forthcoming years.

Market Participants

The major players associated with the food processing equipment market are Ziemann International GmbH, Anko Food Machine Company Limited, Wenger Manufacturing Incorporated, Atlas Pacific Engineering Company Incorporated, Machine Corporation, Berkshire Hathaway Incorporated, Sinmag Bakery,Bettcher Industries Incorporated, Odenberg Engineering, Satake Corporation, Bibun Engineering, BMA Group, NordischerMaschinenbauRudBaader,Bongard, Nichimo Company Limited, Briggs of Burton plc, Meyer Industries Incorporated, Bucher Industries AG, Mecatherm SA, GEA Group AG, Marelhf, Hosokawa Micron Corporation, and JBT FoodTech.

Market Segmentation

Market ByModes of operation

• Semi-automatic
• Automatic

Market ByApplication

• Processing
• Pre-processing

Market ByType

• Bakery & Confectionery
• Meat, Poultry, & Seafood
• Beverage
• Dairy
• Fruit, Nut, & Vegetable
• Grains
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico

• Europe
  • UK
  • Germany
  • France
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of Latin America

• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA