Food and Beverage Processing Equipment Market, By Equipment Type, By End User, By Geography

Description

Global food and beverage processing equipment market is estimated to be valued at USD 68.23 Bn in 2024 and is expected to reach USD 99.25 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 68.23 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	5.50%	2031 Value Projection:	US$ 99.25 Bn

Figure. Food and Beverage Processing Equipment Market Share (%), By Region, 2024

Food and Beverage Processing Equipment Market - IMG1

Various factors have contributed to this growth including rising population, rapidly changing dietary habits, and food consumption patterns across the world. Advanced and automated equipment are being utilized extensively in food processing industries to meet the growing demand for processed and packaged food items in an efficient and cost-effective manner. From raw material handling and mixing to portioning, filling and end of line packaging, modern food processing equipment performs complex operations at high speeds with marginal human interventions. Innovation in food processing technology has enabled manufacturers to offer products with higher shelf life and better food safety. With growing health awareness as well, equipment supporting production of nutrient-rich, low calorie food variants are gaining more prominence.

Market Dynamics:

Population growth, urbanization, and rising disposable incomes in developing economies are some of the key drivers propelling the demand for food and beverage processing equipment globally. However, high initial investment costs associated with automation equipment as well as fluctuations in raw material prices pose challenges to industry players. On the positive side, there exists immense opportunities for equipment manufacturers in the growing segments of bakery & confectionery, dairy, beverages and packaged food. Ongoing technological advancements focused on yield optimization, traceability and sustainability are also expanding the scope of the food processing equipment industry.

Key Features of the Study:

This report provides in-depth analysis of the global food and beverage processing equipment market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global food and beverage processing equipment market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include JBT Corporation, Buhler Group, Tetra Pak, GEA Group, Alfa Laval, SPX Flow, Marel, Multivac, Hobart Corporation, Krones AG, Clextral, Schott AG, Sidel Group, Heat and Control, KHS GmbH, Promach, Berry Global, Odenberg Engineering, Fritsch GmbH, and Festo AG & Co. KG
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global food and beverage processing equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global food and beverage processing equipment market

Detailed Segmentation-

By Equipment Type Insights (Revenue, USD Bn, 2019 - 2031)
- Mixers
- Ovens and Baking Equipment
- Refrigeration Equipment
- Conveyors
- Packaging Equipment
- Others
By End User Insights (Revenue, USD Bn, 2019 - 2031)
- Food Processing
- Beverage Processing
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- JBT Corporation
- Buhler Group
- Tetra Pak
- GEA Group
- Alfa Laval
- SPX Flow
- Marel
- Multivac
- Hobart Corporation
- Krones AG
- Clextral
- Schott AG
- Sidel Group
- Heat and Control
- KHS GmbH
- Promach
- Berry Global
- Odenberg Engineering
- Fritsch GmbH
- Festo AG & Co. KG

Product Code: CMI7428

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Equipment Type
- Market Snippet, By End User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend

4. Global Food and Beverage Processing Equipment Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Food And Beverage Processing Equipment Market - COVID-19
Impact Analysis

5. Global Food and Beverage Processing Equipment Market, By Equipment Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Mixers
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Ovens and Baking Equipment
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Refrigeration Equipment
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Conveyors
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Packaging Equipment
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

6. Global Food and Beverage Processing Equipment Market, By End User, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Food Processing
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Beverage Processing
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends

7. Global Food and Beverage Processing Equipment Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Equipment Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - U.S.
  - Canada
Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Equipment Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Equipment Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Equipment Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Equipment Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019- 2031, (US$ Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020 - 2031
- Market Size and Forecast, By Equipment Type, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019- 2031, (US$ Bn)
- Market Size and Forecast, By Country/Region, 2019- 2031, (US$ Bn)
  - South Africa
  - North Africa
  - Central Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
- JBT Corporation
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Buhler Group
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Tetra Pak
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- GEA Group
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Alfa Laval
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- SPX Flow
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Marel
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Multivac
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Hobart Corporation
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Krones AG
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Clextral
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Schott AG
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Sidel Group
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Heat and Control
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- KHS GmbH
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Promach
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Berry Global
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Odenberg Engineering
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Fritsch GmbH
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates
- Festo AG & Co. KG
  - Company Overview
  - Equipment Type Portfolio
  - Recent Developments/Updates

9. Analyst Recommendation

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
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