Food Processing Machinery Market Size was valued at USD 61.6 Billion in 2022. The food processing machinery market industry is projected to grow from USD 64.18 Billion in 2023 to USD 89.205 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.20% during the forecast period (2024 - 2032). The primary market drivers of the expansion of the global market for food processing machinery are an increase in people's perception of the use of processed foods and disposable income.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
In the upcoming years, it is anticipated that customers' growing health concerns and dietary plans in both developing and developed regions will propel market expansion. Governments and numerous food associations are enticing manufacturers of food processing equipment to spend money on research and development, which would boost the market's revenue. For instance, a food standards organization with a base in the United Kingdom provides various training sessions to the producers of food processing equipment in order to preserve food cleanliness and so increase the dietary advantages of the food product. To force companies to adhere to strict government requirements for preserving the safety of ready-to-eat meals, food standards specifically target the value chain participants. With a total of USD 31 billion spent on convenience meals in 2017, Europe had the highest consumption rate. Thus, it is anticipated that emerging countries will see a growth in the need for safe and hygienic processed food products.
Automation and autonomous machinery have been firmly established as vital elements of the food production and processing industry thanks to developments in computerized food processing technology. Due to rising demand and expenses, automation is assisting in reducing production time while increasing productivity. Food processors are becoming more and more conscious of the importance of data-driven insights in maximizing raw material usage, enhancing food quality and safety, assuring traceability, and supporting continuous improvement. One of the most popular designs of automation equipment, the robotic butchery machine helps speed up the procedure. The facility is also safer thanks to the automated equipment because it lessens the strain on staff members handling potentially dangerous tools and equipment.
The global market for food processing equipment is characterized by a strong tendency toward the use of cutting-edge technologies in processing equipment. Beyond increasing consumer awareness of food safety, rising demand for processed food products has led to the adoption of cutting-edge technology-based processing equipment, which is anticipated to enhance the worldwide food processing market in the near future. BAADER, for instance, renamed its food processing equipment as contemporary digital solutions that offer an automated food value chain. Concepts like the Artificial Intelligence, Internet of Things (IoT), and Industry 4.0 assist companies in achieving the highest level of food safety, enhancing traceability, and lowering the risks connected with food processing methods. Thus, driving the Food Processing Equipment market revenue.
The Food Processing Machinery Market segmentation, based on type includes Depositor, Extruding Machines, Mixers, Refrigeration, Slicers & Dicers and Others. The depositor segment dominated the market. Depositing devices increase efficiency and reduce operating costs in a facility that manufactures food by enabling continuous processing and more precise product packing. This market sector is predicted to benefit from such advantages during the projection period.
The Food Processing Machinery Market segmentation, based on application, includes Bakery & Confectionery, Meat, Poultry & Seafood, Dairy, Beverages and Others. The meat, poultry & seafood category generated the most income because commercial restaurants, hotels, and the foodservice industry are increasingly demanding clean and hygienic meat products. Additionally, it is anticipated that the market for meat and poultry processing equipment would grow due to the ongoing changes in lifestyles and eating patterns.
The Food Processing Machinery Market segmentation, based on mode of operation, includes Semiautomatic and Fully Automatic. The semiautomatic category generated the most income. The major reasons for the relatively significant market presence of this segment are the low cost of the semi-automatic machinery and the accessibility of manpower.
Figure 1: Food Processing Machinery Market by Distribution channel, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American food processing machinery market area will dominate this market. In North American nations, the number of facilities that produce food and drinks is rising quickly. The market size for food processing technology and equipment is also growing as American consumers' preferences for healthy food change. In order to process food quickly and in big quantities, these devices are employed in food processing machinery.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Food Processing Machinery Market Share By Region 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe food processing machinery market accounts for the second-largest market share. The demand in Europe will rise during the anticipated period due to the growing popularity of convenience and ready-to-eat foods in the U.K., Germany, and France. The leading businesses operating in this market should also have opportunities as a result of the region's growing number of food processing facilities. Further, the German food processing machinery market held the largest market share, and the UK food processing machinery market was the fastest growing market in the European region
The Asia-Pacific Food Processing Machinery Market is expected to grow at the fastest CAGR from 2023 to 2032. The creation of cutting-edge machinery that will aid in boosting these industries' production capacity is receiving more attention. The Asia Pacific area is home to numerous significant industry participants. The demand for processed foods is rising in countries like Australia, India, China, and New Zealand, which is fueling the market's expansion. Moreover, China’s food processing machinery market held the largest market share, and the Indian food processing machinery market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Industrial Food Processing Equipment market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, food processing machinery industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global food processing machinery industry to benefit clients and increase the market sector. In recent years, the food processing machinery industry has offered some of the most significant advantages to medicine. Major players in theIndustrial Food Processing Equipment market are attempting to increase market demand by investing in research and development operations includes SPX Corporation, Anko Food Machine Co. Ltd., Berkshire Hathaway Inc., Mallet & Company, Inc., John Bean Technologies Corporation (JBT), Bucher Industries, Hosokawa Micron Corp., GEA Group, NICHIMO CO., LTD., and Tetra Laval International S.A.
The holding company known as Berkshire Hathaway Inc. Through its subsidiaries, Berkshire concentrates on businesses related to energy generation and distribution, utility and reinsurance, insurance, and freight rail transportation. In addition to life, health, and accident reinsurance, it also provides products for property and liability insurance and reinsurance. The company manages railroad networks in North America that connect ports and areas in the US's Midwest, Southeastern, Southwestern, and Western regions. In addition, Berkshire concentrates on business operations in the areas of manufacturing, services and retail, money and financial products.
Tetra Laval International SA (TLI) is a company that offers packaging services. It creates, produces, and sells machinery and full systems for milk production and animal husbandry. The business develops solutions for the packaging and distribution of food through its group firms, Tetra Pak, Sidel, and DeLaval. Tetra Pak provides solutions for food processing and packaging, DeLaval creates and provides tools and systems for animal husbandry, and Sidel provides tools for packaging liquid foods.
May 2019: Manufacturers of chicken and beef have access to the SmartPacker CX400 from GEA, which features an induction sealing capability.
May 2019: Pack 403 was released to the European and Asian markets by Syntegon Technology GmbH. Pack 403 is a horizontal flow wrapper that is fully automated and made to be used in unforgiving conditions.
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 61.6 Billion |
| Market Size 2023 | USD 64.18 Billion |
| Market Size 2032 | USD 89.205 Billion |
| Compound Annual Growth Rate (CAGR) | 4.20% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018- 2023 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Mode of Operation, Application, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | SPX Corporation, Anko Food Machine Co. Ltd., Berkshire Hathaway Inc., Mallet & Company, Inc., John Bean Technologies Corporation (JBT), Bucher Industries, Hosokawa Micron Corp., GEA Group, NICHIMO CO., LTD., Tetra Laval International S.A. |
| Key Market Opportunities | Changing demographics and lifestyles around the world, including a rise in the popularity of non-vegetarian meals |
| Key Market Dynamics | Rise in the consumption of healthy foods among the world's health-conscious population Affordability of processed food has increased due to rising disposable income in many nations |
Frequently Asked Questions (FAQ) :
The Food Processing Machinery Market size was valued at USD 61.6 Billion in 2022.
The global market is projected to grow at a CAGR of 4.20% during the forecast period, 2024-2032.
North America had the largest share in the global market
The key players in the market are SPX Corporation, Anko Food Machine Co. Ltd., Berkshire Hathaway Inc., Mallet & Company, Inc., John Bean Technologies Corporation (JBT), Bucher Industries, Hosokawa Micron Corp., GEA Group, NICHIMO CO., LTD., Tetra Laval International S.A.
The depositor category dominated the market in 2022.
The semiautomatic category had the largest share in the global market.
Research Analyst Harshita post graduate mba in business administration from welingkar institute, mumbai and 5 years of experience in the field of product market research. as a research analyst, i have cross-domain experience in packaging, and industrial automation & equipment. i am currently looking after the research process of packaging, logistics & transportation, and industrial automation & equipment at market research future reports. my responsibilities at the organization involve handling syndicate and custom reports as well as responding to client inquiries, and organize, co-ordinate with a group of 5 to 6 persons to manage all workflows.
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