PUBLISHER: IMARC | PRODUCT CODE: 1701855
PUBLISHER: IMARC | PRODUCT CODE: 1701855
The global food packaging equipment market size reached USD 19.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 28.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.44% during 2025-2033.
Food packaging equipment refers to advanced processing machines designed to preserve and pack semi-processed and processed beverages and food products. They perform multiple operations, including filling, bagging, sealing, wrapping, over-capping, lidding, bundling, coding, cartoning, conveying, and palletizing. This, in turn, assists manufacturers in eliminating contamination risks and maintaining product quality while ensuring stability, avoiding goods damage, and extending their shelf-life. On account of these properties, food packaging equipment is extensively used across the food and beverage (F&B) sector to regulate the temperature of several commodities, such as fruits, vegetables, dairy products, meat, and seafood. At present, it is commercially available in varying technology and material types.
With the substantial expansion in the food and beverage (F&B) sector, there has been an increasing demand for hygienic ready-to-eat (RTE) and ready-to-drink (RTD) consumables. This, in turn, has facilitated the widespread adoption of food packaging equipment to pack various perishable and non-perishable products, which is primarily driving the market growth. Additionally, the rising requirement for convenient packaging solutions to ensure product quality, safety, and efficacy while increasing their shelf-life is acting as another growth-inducing factor. In line with this, the growing health concerns and awareness amongst consumers regarding food-borne diseases have prompted the uptake of food packaging equipment to eliminate the accumulation of agents, such as bacteria, viruses, parasites, and fungus, which is propelling the market growth. Moreover, rapid automation in the packaging process and the large-scale integration of the Internet of Things (IoT) with sensors to track environmental conditions and products throughout the supply chain are contributing to the market growth. Other factors, such as the widespread adoption of e-commerce platforms by consumers to order food commodities and strategic collaborations amongst key players to engineer advanced food packaging solutions and optimize workflow, are creating a positive outlook for the market.
The competitive landscape of the industry has also been examined along with the profiles of the key players being ARPAC LLC (Duravant LLC), GEA Group Aktiengesellschaft, Illinois Tool Works Inc., IMA group, ISHIDA CO.LTD, Krones AG, MULTIVAC, Omori Machinery Co. Ltd., OPTIMA packaging group GmbH and Tetra Laval International SA.