The global food processing and handling equipment market stood at USD 168.75 billion in 2023 and will grow at a CAGR of 6.2% in the forecast period of 2024-2032 to achieve USD 289.65 billion by 2032.
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Historical Year
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The global food processing and handling equipment industry is driven by the innovation in processing technology, advancements in the food processing industry, and the constant growth in the demand for processed food.
Food processing and handling equipment refers to the components, processing machines, and systems used for handling, preparing, cooking, storing, and packaging food and food products. The food processing and handling equipment industry can be divided based on segments like end-product forms, equipment types, and applications.
The industry can be divided based on end product form as:
The industry can be divided on the basis of equipment types as:
The industry can be broadly categorised based on its application sectors into:
Looks into the regional markets of food processing and handling equipment like:
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The expansion of food production capacities in emerging economies and the growth of the food processing industry will support the growth of the food processing and handling equipment market. With the growing preference for healthy food and functional food, it is predicted that manufacturers will embrace the use of new equipment to meet the demand for healthy functional foods and beverages. The companies involved in food processing, food retail, and foodservice value chains have different opportunities to access or increase their equipment product penetration, either organically or through acquisition. The increasing awareness of health is driving the demand for healthy and convenient food products, which is also expected to drive the food processing and handling equipment market in the food industry. The bakery products demand facilitates the increasing use of food processing and handling equipment for bakery processing, which is aiding the growth of the market.
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The report presents a detailed analysis of the following key players in the global food processing and handling equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global food processing and handling equipment market attained a value of nearly USD 168.75 billion.
The market is projected to grow at a CAGR of 6.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 289.65 billion by 2032.
The major market drivers include the growing demand for processed food, rising disposable incomes, the growing food processing sector, changing lifestyle and dietary patterns, and increasing population.
The key trends guiding the growth of the market include the growth of foodservice chains and the growing technological advancements.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major end-product forms included in the market report are solid, liquid, and semi-solid.
The significant equipment types considered in the market report include pre-processing, primary processing, foodservice, and food packaging equipment.
Bakery and confectionery products, meat and poultry products, fish and seafood products, dairy products, alcoholic beverages, and non-alcoholic beverages, among others, are the major applications of the product.
The major players in the market are GEA Group AG, Bühler Holding AG, Alfa Laval AB, JBT Corporation, SPX Flow Inc., Robert Bosch GmbH, IMA- Industria Macchine Automatiche S.p.A., and Krones AG, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by End-Product Form |
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| Breakup by Equipment Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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