Food Processing & Handling Equipment Market size, share & Forecast

 

The Food Processing & Handling Equipment Market is expected to reach USD 200 billion by 2026, growing at a CAGR of 6.2% over the forecast period (2019-2026).

The factors driving growth of the Food Processing & Handling Equipment Market includes growing demand for meats and confectionary products, increasing consumers inclination towards adopting healthy lifestyles, expansion of the processing industry and improvements in the living standards. Moreover, growing adoption of automated processing technology by manufacturers, increasing popularity of ready-to-eat food products, rise in the launch of innovative products and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, strategic mergers, and collaborations between key industry players, rising disposable incomes and growing population growth rates, are further contributing towards the market growth.

However, growth of the Food Processing & Handling Equipment Market is hindered due to strict environmental regulations.

The major players operating in the market Food Processing & Handling Equipment Market are IMA Group, JBT Corporation, Middle by Corporation, Dover Corporation, Buhler Ag, Alfa Laval, GEA, Robert Bosch, Multivac, and Tetra Laval, among others.

Based on Type, the Food Processing equipment segment is predicted to capture the largest market share during the forecast period

Rising consumers for healthy and nutritious food and growing focus of manufacturers on expanding the processing capabilities, are pushing growth of the segment.

Based on Form, the Solid segment is projected to hold the highest market share over the forecast period

According to the Global Food Processing & Handling Equipment Market Analysis, growing demand for processed fruit and vegetable products, growing adoption of advanced technologies and innovation in bakery and dessert industries, are propelling growth of the segment.

Based on Region, Asia-Pacific region emerged as the fastest growing segment during the forecast period

As per the Food Processing and Handling Equipment Market Research, growing demand for confectionary and snacks items, rise in the launch of new products, rapid urbanization, increasing per capita incomes and high population size, are factors expanding the market growth in the Asia-Pacific region.

Market Segmentation

Segmentation by Type

• Food Processing equipment

o Pre-processing equipment
o Sorting & grading
o Cutting, peeling, grinding, slicing, and washing
o Mixing and blending

• Primary processing equipment

o Forming equipment
o Extruding equipment
o Coating equipment
o Drying, cooling, and freezing
o Thermal equipment
o Homogenizer
o Filters
o Pressing

• Foodservice equipment

o Cooking equipment
o Refrigeration & storage equipment
o Food preparation equipment
o Warewashing equipment
o Serving equipment

• Food Packaging equipment

o Form-fill-seal
o Filling & dosing
o Cartoning
o Case packing
o Wrapping & bundling
o Labeling & coding
o Inspecting, detecting, and check weighing machines

Segmentation by Application

• Bakery & confectionery products
  • Meat & poultry products
  • Dairy products
  • Alcoholic beverages
  • Non-alcoholic beverages
  • Fish & seafood products
  • Others

Segmentation by Form

• Solid
  • Liquid
  • Semi-solid

Segmentation by Region

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
• North America
  • United States of America
  • Canada
• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

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