Government around the world recognize the vital role of the food processing industry in enhancing food security, reducing waste, and adding value to agricultural produce. Consequently, they are implementing policies and allocating funds to promote the growth and modernization of this sector.
In countries such as India, the government has launched initiatives such as the Pradhan Mantri Kisan Sampada Yojana (PMKSY) to provide financial assistance for setting up and upgrading food processing units. These initiatives aim to create infrastructure, enhance processing capabilities, and boost the efficiency of the food supply chain. Such supportive policies stimulate demand for advanced food processing equipment, driving market growth.
In the U.S., the Department of Agriculture (USDA) offers grants and loans to food processors for adopting new technologies and expanding their operations. These financial incentives encourage companies to invest in state-of-the-art equipment, thereby propelling the demand for innovative food processing solutions. The emphasis on modernizing the food processing sector aligns with the broader goals of ensuring food safety, enhancing product quality, and improving operational efficiencies.
Access Full Report @ https://www.databridgemarketresearch.com/de/reports/global-food-processing-equipment-market
Data Bridge Market Research analyzes that the Global Food Processing Equipment Market is expected to reach USD 78.30 billion by 2031 from USD 59.81 billion 2023, growing with CAGR of 3.5% during forecast period of 2024 to 2031.
Key Findings of the Study
Increasing Food Safety Management Concerns Across the Food Industry
The growing consciousness of food safety and quality has prompted stringent regulations and standards, compelling food manufacturers to adopt advanced processing equipment. This trend is driven by the necessity to ensure compliance with food safety regulations, maintain product consistency, and enhance operational efficiency.
One of the primary factors contributing to the rise in food management concerns is the heightened consumer demand for safe and high-quality food products. Consumers are progressively conscious of the potential health risks associated with contaminated food, leading to a greater emphasis on food safety. This has forced food processors to invest in advanced equipment that can effectively monitor and control various stages of food production, from raw material handling to packaging. The adoption of such equipment helps in minimizing contamination risks, ensuring traceability, and maintaining hygiene standards.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Billion
|
|
Segments Covered
|
Equipment Type (Cooling and Freezing Equipment, Cooking and Heating Equipment, Fillers, Sealers, Mixers, Grinders and Mills, Cutters and Slicers, Drying and Dehydration Equipment, Peelers, Separators, and Others), Automation Type (Automatic, Semi-Automatic, and Manual), Industry (Meat Poultry & Seafood, Dairy Products, Bakery, Processed Fruit & Vegetable, Confectionery, Grain Mill Products, and Others)
|
|
Countries Covered
|
U.S., Canada, Mexico, Brazil, Argentina, rest of South America, China, India, Japan, South Korea, Australia, Indonesia, Thailand, Vietnam, Philippines, Malaysia, rest of Asia-Pacific, Germany, France, Italy, U.K., Netherlands, Spain, Belgium, Switzerland, Poland, Sweden, Denmark, rest of Europe, South Africa, Egypt, U.A.E., Saudi Arabia, Israel, and rest of Middle East and Africa
|
|
Market Players Covered
|
JBT (U.S.), ALFA LAVAL (Sweden), Marel (Iceland), The Middleby Corporation (U.S.), Bühler AG (Switzerland), GEA Group Aktiengesellschaft (Germany), SPX FLOW (U.S.), Tetra Pak Group (Switzerland), Bigtem Makine A.S. (Turkey), TNA Australia Pty Limited (Switzerland), Schaaf Technologie GmbH (Germany), ANKO FOOD MACHINE CO., LTD. (Taiwan), Bettcher Industries, Inc. (U.S.), Baker Perkins (U.K.), Heat and Control, Inc. (U.S.), Key Technology (U.S.), Provisur Technologies, Inc. (U.S.), PROXES GMBH (Germany), FME Food Machinery Europe Sp. z o.o (Poland), and Alto-Shaam, Inc. (U.S.) among others
|
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand
|
Segment Analysis
Global food processing equipment market is segmented into three notable segments based on equipment type, automation type, and industry.
- On the basis of equipment type, the global food processing equipment market market is segmented into cooling and freezing equipment, cooking and heating equipment, fillers, sealers, mixers, grinders and mills, cutters and slicers, drying and dehydration equipment, peelers, separators, and others
In 2024, the cooling and freezing equipment segment is expected to dominate the Global Food Processing Equipment Market
In 2024, the cooling and freezing equipment segment is expected to dominate the market with a market share of 23.35% due to increasing food safety management concerns across the food industry.
- On the basis of automation type, the global food processing equipment market is segmented into automatic, semi-automatic, and manual
In 2024, the automatic segment is expected to dominate the Global Food Processing Equipment Market
In 2024, the automatic segment is expected to dominate the market with a market share of 56.67% due to its efficiency, consistency, and reduced labor costs. Automation enhances productivity, ensures uniform quality, and meets stringent hygiene standards, which are crucial for large-scale food production and processing, driving its widespread adoption.
- On the basis of industry, the global food processing equipment market is segmented into meat poultry & seafood, dairy products, bakery, processed fruit & vegetable, confectionery, grain mill products, and others. In 2024, meat poultry & seafood is expected to dominate with a market share of 30.04%
Major Players
Tetra Pak Group (Switzerland), Bühler AG (Switzerland), Marel (Iceland), GEA Group Aktiengesellschaft (Germany), SPX FLOW (U.S.) are the major players in the global food processing equipment market.
Market Developments
- In May 2024, Tetra Pak Group unveiled its ‘Factory Sustainable Solutions’ offering, a new comprehensive approach to optimizing energy, water, and cleaning-in-place (CIP) processes across factories. This initiative, part of Tetra Pak’s broader sustainability portfolio, will provide Food and Beverage (F&B) producers with a customized blend of advanced technologies and superior plant integration capabilities. The goal is to help F&B producers enhance their energy and resource efficiency, aiding them in achieving their sustainability targets while reducing operational costs
- In May 2024, GEA introduced Bakery Plug&Play, a new service for faster oven installation at customer plants. Preassembled modules were developed in Verona, Italy, reducing downtime during installation. Engineers estimated that a 65 m oven could be installed in 20 days instead of 45, without including commissioning. Benefits include lower labor costs and improved safety standards, as workers no longer handle insulation materials like rock wool, enhancing operational efficiency and reducing contamination risks
- In May 2024, SPX FLOW's APV Aseptic Rapid Recovery System (ARRS) won the Sustainable Product Award at the 2024 SEAL Business Sustainability Awards for cutting product waste by 87%. The technology reduced dairy product loss from 4% to 0.5% by recapturing leftovers in process piping. It also minimized water usage and cleaning time, enhancing sustainability in dairy and beverage production. The innovation aims to set a new standard in aseptic processing for improved environmental impact and consumer safety
- In April 2024, Givaudan, MISTA, and Bühler AG celebrated the launch of a new extrusion hub in San Francisco, enhancing MISTA's food innovation capabilities. This facility focuses on both high and low moisture extrusion, such as plant-based meats and snacks, respectively, with a potential output of 50 kilograms per hour. It forms part of the Global Innovation Network, aiming to support sustainable food solutions worldwide. The opening event, MISTA in Action, saw industry leaders discussing the future of food innovation. Collaboration among these companies is viewed as crucial for developing sustainable food practices to feed the growing global population
- In April 2024, Marel launched a pilot project using sustainably produced green steel, symbolized by presenting CEO Arni Sigurdsson with a scale made from this innovative material. This initiative aims to reduce Marel's environmental impact, particularly from stainless steel procurement, which historically contributes significantly to carbon emissions. Partnering with Outokumpu, known for its Circle Green stainless steel, Marel explored sustainable options despite challenges like limited availability and supply chain complexities. The pilot project provided valuable insights, paving the way for future sustainability efforts in manufacturing
Regional Analysis
On the basis of country, the market is segmented into U.S., Canada, Mexico, Brazil, Argentina, rest of South America, China, India, Japan, South Korea, Australia, Indonesia, Thailand, Vietnam, Philippines, Malaysia, rest of Asia-Pacific, Germany, France, Italy, U.K., Netherlands, Spain, Belgium, Switzerland, Poland, Sweden, Denmark, rest of Europe, South Africa, Egypt, U.A.E., Saudi Arabia, Israel, and rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
Asia-Pacific is the fastest growing and expected to be the dominating region in the Global Food Processing Equipment Market
Asia-Pacific is expected to dominate the market due to its large population, increasing urbanization, and rising income levels. The region has a growing demand for processed food, driven by changing lifestyles, dietary preferences, strong economic growth, and significant investments in the food processing industry further boost the market.
For more detailed information about the global food processing equipment market report, click here– https://www.databridgemarketresearch.com/de/reports/global-food-processing-equipment-market
