Food Processing & Handling Equipment Market - Forecast(2023 - 2028)
Food Processing & Handling Equipment Market Overview
Report Coverage
By Equipment Type: Food Processing Equipment, Foodservice Equipment, and Food Packaging Equipment.
Key Takeaways
- Geographically, North America Food Processing & Handling Equipment Market accounted for the highest revenue share in 2020 and it is poised to dominate over the period 2021-2026 owing to the growing awareness among the food manufacturers about the importance of pasteurization.
- The rise in the commercial availability of homogenizer equipment for alcoholic beverages is driving the Food Processing Equipment segment. However, the lack of awareness about the regulations of food safety is one of the major factors that are said to reduce the growth of the Food Processing & Handling Equipment Market.
- Detailed analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Food Processing & Handling Equipment Market report.
Food Processing & Handling Equipment Market Size, By Equipment Type, 2020-2026 (USD billion)
Food Processing & Handling Equipment Market Segment Analysis-By Equipment Type
The Food Processing & Handling Equipment Market based on the Equipment Type can be further segmented into Food Processing Equipment, Foodservice Equipment, and Food Packaging Equipment. The Food Processing Equipment segment held the largest share in 2020 and is also estimated to be the fastest growing segment with a CAGR of 6.7% over the period 2021-2026 . This growth is owing to the factors such as the increase in the commercial availability of homogenizer equipment for alcoholic beverages and the growing product innovations to provide advanced and efficient technologies for food manufacturers. The rise in the adoption of new technologies in forming, extruding, and coating is driving the growth of the Food Processing & Handling Equipment Market. The Foodservice Equipment segment held the second largest share in 2020 owing to the factors such as the growing demand for refrigeration and storage equipment and the rise in the requirement of food processing and handling equipment for commercial kitchens, restaurants, and hotels.
Food Processing & Handling Equipment Market Segment Analysis-By Geography
North America held the largest share with 34.9% of the overall market in 2020. The growth in this segment is owing to the factors such as the growing awareness among the food manufacturers about the importance of pasteurization and an increase in demand for filters and pressing equipment for dairy products. The rise in the commercial availability of homogenizer equipment for alcoholic beverages is driving the growth of the Food Processing & Handling Equipment Market. Asia-Pacific segment is estimated to be the fastest growing segment over the period 2021-2026. The growth in this segment is owing to the factors such as the rise in the requirement of food processing and handling equipment for commercial kitchens, restaurants, and hotels and growing investment by the key players to develop advanced food processing & handling equipment.Food Processing & Handling Equipment Market Drivers
Rise in the Demand for Hygienic and Convenience Food Products
Customers across the world are rapidly shifting towards hygienic and convenience food products owing to their busy lifestyles and rise in the standard of living. This growing inclination towards hygienic and convenience products, such as bakery and confectionery products, dairy products, and alcoholic beverages has increased the demand for homogenizer and other thermal equipment, which is further propelling the growth of the Food Processing & Handling Equipment Market.Increase in the Adoption of Robotic and Automated Technologies
Robotics and automated technologies are increasingly being adopted across the world owing to their ability to improve food safety and also to track food over the entire value chain. The rise in awareness about the importance of pasteurization has further propelled the demand for these technologies as they easily monitor the potential status of any product, which is one of the major factors driving the growth of the Food Processing & Handling Equipment Market.Food Processing & Handling Equipment Market Challenges
Lack of Awareness About the Regulations of Food Safety
The governments and various food safety organizations across the world are increasingly imposing strict regulations on food processing and handling equipment owing to the rise in the prevalence of foodborne diseases. However, the lack of awareness about the regulations of food safety is one of the major factors that is estimated to reduce the growth of the Food Processing & Handling Equipment Market.Food Processing & Handling Equipment Market Competitive Landscape:
Product launches, mergers and
acquisitions, joint ventures, and geographical expansions are key strategies
adopted by players in the Food Processing & Handling Equipment Market. Key
companies of this market are GEA, Middleby Corporation, Buhler Ag, JBT
Corporation, Alfa Laval, IMA Group, Multivac, Tetra Pak, Dover Corporation, and
Robert Bosch among others.
Acquisitions/Product Launches:
- In July 2020, JBT Corporation has launched ReadyGo Liquifusion equipment to combine food and beverage processing operations in a single system for handling a range of products, such as condiments, juices, cheese, and purees.
- In June 2020, GEA has launched Whitebloc Filling System Aero that was specially designed for Extended Shelf Life (ESL) beverages for handling the process from raw material reception to final palletization and bottling.
- In May 2020, Tetra Pak has launched its complete processing equipment for feta-type white cheese products. This equipment has a fully automated and integrated solution to ensure a high level of standard of food safety to market.
Relevant Links:
Prepared Food Equipment Market - Forecast
(2021 - 2026)
Report
Code: FBR 37895
Food Service Equipment Market - Industry
Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast
2021 - 2026
Report
Code: FBR 37064
For more Food and Beverage Market reports, please click here
LIST OF TABLES
1.Global Food Processing & Handling Market, By Form Market 2019-2024 ($M)1.1 Solid Market 2019-2024 ($M) - Global Industry Research
1.1.1 Rising Consumption of Processed Foods is Driving the Solid Segment Market 2019-2024 ($M)
1.2 Liquid Market 2019-2024 ($M) - Global Industry Research
1.2.1 The Rising Consumption of Non-Alcoholic Beverages Due to Increasing Health-Consciousness is Projected to Increase the Equipment Investments Market 2019-2024 ($M)
1.3 Semi-Solid Market 2019-2024 ($M) - Global Industry Research
1.3.1 Increasing Preference for Semi-Solid Foods Such as Yogurt, Jellies, Pudding, and Spreads in the Regular Diet is Driving the Demand for the Semi-Solid Segment Market 2019-2024 ($M)
2.Global Food Processing & Handling Equipment Market, By Equipment Type Market 2019-2024 ($M)
2.1 Food Service Equipment Market 2019-2024 ($M) - Global Industry Research
2.1.1 Cooking Equipment Market 2019-2024 ($M)
2.2 Food Packaging Equipment Market 2019-2024 ($M) - Global Industry Research
2.2.1 Form-Fill-Seal Market 2019-2024 ($M)
2.2.2 Filling & Dosing Market 2019-2024 ($M)
2.2.3 Cartoning Market 2019-2024 ($M)
2.2.4 Case Packing Market 2019-2024 ($M)
2.2.5 Wrapping & Bundling Market 2019-2024 ($M)
2.2.6 Labeling & Coding Market 2019-2024 ($M)
2.2.7 Inspecting, Detecting, and Check-Weighing Machines Market 2019-2024 ($M)
3.Global Food Processing & Handling Market, By Form Market 2019-2024 (Volume/Units)
3.1 Solid Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Rising Consumption of Processed Foods is Driving the Solid Segment Market 2019-2024 (Volume/Units)
3.2 Liquid Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 The Rising Consumption of Non-Alcoholic Beverages Due to Increasing Health-Consciousness is Projected to Increase the Equipment Investments Market 2019-2024 (Volume/Units)
3.3 Semi-Solid Market 2019-2024 (Volume/Units) - Global Industry Research
3.3.1 Increasing Preference for Semi-Solid Foods Such as Yogurt, Jellies, Pudding, and Spreads in the Regular Diet is Driving the Demand for the Semi-Solid Segment Market 2019-2024 (Volume/Units)
4.Global Food Processing & Handling Equipment Market, By Equipment Type Market 2019-2024 (Volume/Units)
4.1 Food Service Equipment Market 2019-2024 (Volume/Units) - Global Industry Research
4.1.1 Cooking Equipment Market 2019-2024 (Volume/Units)
4.2 Food Packaging Equipment Market 2019-2024 (Volume/Units) - Global Industry Research
4.2.1 Form-Fill-Seal Market 2019-2024 (Volume/Units)
4.2.2 Filling & Dosing Market 2019-2024 (Volume/Units)
4.2.3 Cartoning Market 2019-2024 (Volume/Units)
4.2.4 Case Packing Market 2019-2024 (Volume/Units)
4.2.5 Wrapping & Bundling Market 2019-2024 (Volume/Units)
4.2.6 Labeling & Coding Market 2019-2024 (Volume/Units)
4.2.7 Inspecting, Detecting, and Check-Weighing Machines Market 2019-2024 (Volume/Units)
5.North America Food Processing & Handling Market, By Form Market 2019-2024 ($M)
5.1 Solid Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Rising Consumption of Processed Foods is Driving the Solid Segment Market 2019-2024 ($M)
5.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
5.2.1 The Rising Consumption of Non-Alcoholic Beverages Due to Increasing Health-Consciousness is Projected to Increase the Equipment Investments Market 2019-2024 ($M)
5.3 Semi-Solid Market 2019-2024 ($M) - Regional Industry Research
5.3.1 Increasing Preference for Semi-Solid Foods Such as Yogurt, Jellies, Pudding, and Spreads in the Regular Diet is Driving the Demand for the Semi-Solid Segment Market 2019-2024 ($M)
6.North America Food Processing & Handling Equipment Market, By Equipment Type Market 2019-2024 ($M)
6.1 Food Service Equipment Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Cooking Equipment Market 2019-2024 ($M)
6.2 Food Packaging Equipment Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Form-Fill-Seal Market 2019-2024 ($M)
6.2.2 Filling & Dosing Market 2019-2024 ($M)
6.2.3 Cartoning Market 2019-2024 ($M)
6.2.4 Case Packing Market 2019-2024 ($M)
6.2.5 Wrapping & Bundling Market 2019-2024 ($M)
6.2.6 Labeling & Coding Market 2019-2024 ($M)
6.2.7 Inspecting, Detecting, and Check-Weighing Machines Market 2019-2024 ($M)
7.South America Food Processing & Handling Market, By Form Market 2019-2024 ($M)
7.1 Solid Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Rising Consumption of Processed Foods is Driving the Solid Segment Market 2019-2024 ($M)
7.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
7.2.1 The Rising Consumption of Non-Alcoholic Beverages Due to Increasing Health-Consciousness is Projected to Increase the Equipment Investments Market 2019-2024 ($M)
7.3 Semi-Solid Market 2019-2024 ($M) - Regional Industry Research
7.3.1 Increasing Preference for Semi-Solid Foods Such as Yogurt, Jellies, Pudding, and Spreads in the Regular Diet is Driving the Demand for the Semi-Solid Segment Market 2019-2024 ($M)
8.South America Food Processing & Handling Equipment Market, By Equipment Type Market 2019-2024 ($M)
8.1 Food Service Equipment Market 2019-2024 ($M) - Regional Industry Research
8.1.1 Cooking Equipment Market 2019-2024 ($M)
8.2 Food Packaging Equipment Market 2019-2024 ($M) - Regional Industry Research
8.2.1 Form-Fill-Seal Market 2019-2024 ($M)
8.2.2 Filling & Dosing Market 2019-2024 ($M)
8.2.3 Cartoning Market 2019-2024 ($M)
8.2.4 Case Packing Market 2019-2024 ($M)
8.2.5 Wrapping & Bundling Market 2019-2024 ($M)
8.2.6 Labeling & Coding Market 2019-2024 ($M)
8.2.7 Inspecting, Detecting, and Check-Weighing Machines Market 2019-2024 ($M)
9.Europe Food Processing & Handling Market, By Form Market 2019-2024 ($M)
9.1 Solid Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Rising Consumption of Processed Foods is Driving the Solid Segment Market 2019-2024 ($M)
9.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
9.2.1 The Rising Consumption of Non-Alcoholic Beverages Due to Increasing Health-Consciousness is Projected to Increase the Equipment Investments Market 2019-2024 ($M)
9.3 Semi-Solid Market 2019-2024 ($M) - Regional Industry Research
9.3.1 Increasing Preference for Semi-Solid Foods Such as Yogurt, Jellies, Pudding, and Spreads in the Regular Diet is Driving the Demand for the Semi-Solid Segment Market 2019-2024 ($M)
10.Europe Food Processing & Handling Equipment Market, By Equipment Type Market 2019-2024 ($M)
10.1 Food Service Equipment Market 2019-2024 ($M) - Regional Industry Research
10.1.1 Cooking Equipment Market 2019-2024 ($M)
10.2 Food Packaging Equipment Market 2019-2024 ($M) - Regional Industry Research
10.2.1 Form-Fill-Seal Market 2019-2024 ($M)
10.2.2 Filling & Dosing Market 2019-2024 ($M)
10.2.3 Cartoning Market 2019-2024 ($M)
10.2.4 Case Packing Market 2019-2024 ($M)
10.2.5 Wrapping & Bundling Market 2019-2024 ($M)
10.2.6 Labeling & Coding Market 2019-2024 ($M)
10.2.7 Inspecting, Detecting, and Check-Weighing Machines Market 2019-2024 ($M)
11.APAC Food Processing & Handling Market, By Form Market 2019-2024 ($M)
11.1 Solid Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Rising Consumption of Processed Foods is Driving the Solid Segment Market 2019-2024 ($M)
11.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
11.2.1 The Rising Consumption of Non-Alcoholic Beverages Due to Increasing Health-Consciousness is Projected to Increase the Equipment Investments Market 2019-2024 ($M)
11.3 Semi-Solid Market 2019-2024 ($M) - Regional Industry Research
11.3.1 Increasing Preference for Semi-Solid Foods Such as Yogurt, Jellies, Pudding, and Spreads in the Regular Diet is Driving the Demand for the Semi-Solid Segment Market 2019-2024 ($M)
12.APAC Food Processing & Handling Equipment Market, By Equipment Type Market 2019-2024 ($M)
12.1 Food Service Equipment Market 2019-2024 ($M) - Regional Industry Research
12.1.1 Cooking Equipment Market 2019-2024 ($M)
12.2 Food Packaging Equipment Market 2019-2024 ($M) - Regional Industry Research
12.2.1 Form-Fill-Seal Market 2019-2024 ($M)
12.2.2 Filling & Dosing Market 2019-2024 ($M)
12.2.3 Cartoning Market 2019-2024 ($M)
12.2.4 Case Packing Market 2019-2024 ($M)
12.2.5 Wrapping & Bundling Market 2019-2024 ($M)
12.2.6 Labeling & Coding Market 2019-2024 ($M)
12.2.7 Inspecting, Detecting, and Check-Weighing Machines Market 2019-2024 ($M)
13.MENA Food Processing & Handling Market, By Form Market 2019-2024 ($M)
13.1 Solid Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Rising Consumption of Processed Foods is Driving the Solid Segment Market 2019-2024 ($M)
13.2 Liquid Market 2019-2024 ($M) - Regional Industry Research
13.2.1 The Rising Consumption of Non-Alcoholic Beverages Due to Increasing Health-Consciousness is Projected to Increase the Equipment Investments Market 2019-2024 ($M)
13.3 Semi-Solid Market 2019-2024 ($M) - Regional Industry Research
13.3.1 Increasing Preference for Semi-Solid Foods Such as Yogurt, Jellies, Pudding, and Spreads in the Regular Diet is Driving the Demand for the Semi-Solid Segment Market 2019-2024 ($M)
14.MENA Food Processing & Handling Equipment Market, By Equipment Type Market 2019-2024 ($M)
14.1 Food Service Equipment Market 2019-2024 ($M) - Regional Industry Research
14.1.1 Cooking Equipment Market 2019-2024 ($M)
14.2 Food Packaging Equipment Market 2019-2024 ($M) - Regional Industry Research
14.2.1 Form-Fill-Seal Market 2019-2024 ($M)
14.2.2 Filling & Dosing Market 2019-2024 ($M)
14.2.3 Cartoning Market 2019-2024 ($M)
14.2.4 Case Packing Market 2019-2024 ($M)
14.2.5 Wrapping & Bundling Market 2019-2024 ($M)
14.2.6 Labeling & Coding Market 2019-2024 ($M)
14.2.7 Inspecting, Detecting, and Check-Weighing Machines Market 2019-2024 ($M)
LIST OF FIGURES
1.US Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)2.Canada Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
3.Mexico Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
4.Brazil Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
5.Argentina Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
6.Peru Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
7.Colombia Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
8.Chile Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
9.Rest of South America Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
10.UK Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
11.Germany Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
12.France Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
13.Italy Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
14.Spain Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
15.Rest of Europe Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
16.China Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
17.India Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
18.Japan Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
19.South Korea Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
20.South Africa Food Processing & Handling Equipment Market Revenue, 2019-2024 ($M)
21.North America Food Processing & Handling Equipment By Application
22.South America Food Processing & Handling Equipment By Application
23.Europe Food Processing & Handling Equipment By Application
24.APAC Food Processing & Handling Equipment By Application
25.MENA Food Processing & Handling Equipment By Application
26.GEA Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Buhler Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Alfa Laval, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.JBT Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.SPX FLOW, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Robert Bosch, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.IMA Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Multivac, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Krones Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Tetra Laval International S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Middleby Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Dover Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Ali Group S.R.L., Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Electrolux, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Hoshizaki, Sales /Revenue, 2015-2018 ($Mn/$Bn)