Market Insights
The global food and beverage industry is growing at a robust pace, which has strengthened the demand for food processing equipment over the past few years. The food processing machines come in varied sizes and shapes in order to meet the requisite needs of conglomerates operating in drinks, confectionery, frozen foods, poultry, dairy foods, vegetables, and others.
The global food processing machinery market is currently growing at a significant pace and is anticipated to observe stupendous growth over the next seven years until 2023. Escalating awareness among people regarding processed food and increasing personal disposable income in households are likely to fuel the growth of the food processing machinery market over the forecast period. Apart from this, rising demand for packaged foods is further anticipated to propel the growth of the market until 2023.
At present, Asia-Pacific was the largest market for food processing machinery in 2015. Following it, Europe grabbed the second-largest share in the total revenue of the food processing machinery market. The Asia Pacific region is expected to be dominant over the forecast period due to the availability of a large number of poultry, meat, and seafood equipment manufacturing vendors in the region.
The global food processing machinery market is mainly concentrated in Europe and Asia. Major players are adopting different market strategies to enter and enhance their market position and distribution network.
The global food processing machinery market is segmented on the following basis:
By Application
- Dairy
- Meat and poultry
- Seafood
- Bakery
- Others
By Techniques
- Pasteurization
- Blending
- Homogenization
- Filling
By Equipment Type
- Chillers
- Feeders
- Dryers
- Homogenizers
- Roasters
- Mixers
- Slicers
- Ovens
- Separators
- Others
By Geography
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified across the value chain in the food processing machinery market include, but are not limited to:
Atlas Pacific Engineering Co., Inc., Bucher Industries, Anko Food Machines, Meyer Industries, Buhler AG, Tetra Laval, GEA Group, Krones AG, and others
This report offers the following:
- An overview of the global food processing machinery market
- Market trends assessment for the period 2016-2023, with historical information for 2013 and 2014 and projections through 2023, with respective CAGRs during 2016-2023 and 2015 as the base year
- Qualitative assessment tools such as market drivers, challenges, and future prospects, and competitive analysis: market positioning of key market players
- Focus on each level of market segmentation based on product approvals, launches, and current and anticipated market dynamics.
- A general overview of the industry structure
- Company profiles, highlighting key information about the major players operating in the global food processing machinery market,
- This report includes an estimation of market sizes for value. Both top-down and bottom-up approaches have been used to estimate and validate the size of the food processing machinery market.