Food and Beverage Processing Equipment Market size was valued at USD 68.57 Billion in 2023 and is projected to reach USD 106.20 Billion by 2030, growing at a CAGR of 6.45% from 2023 to 2030.
Food and Beverage Processing Equipment Market Overview
Food and beverage processing equipment is used to create dairy, bakery, poultry, seafood, beverage, and confectionery goods. It does this by using physical and chemical processes to turn raw components into prepared food. Additionally, they are used to keep an eye on quality control and packaging and labeling procedures. In addition, processing equipment is utilized to automate many food and beverage industry processes, including heating, blanching, cooking, and pasteurization, to shorten production times and boost productivity. The demand for high-quality processing equipment has expanded globally in recent years due to the tight laws and guidelines governing the food and beverage industry.
The introduction of green technology has pushed producers to swap out their outdated machinery for processing food and beverages with more energy-efficient models that lower production costs and lower carbon emissions. To enhance the performance of the current processing equipment, the makers are also adding cutting-edge technology. For instance, they offer adaptable and configurable equipment in addition to combining machine learning and the Industrial Internet of Things (IIoT). Altering dietary tastes, an increase in quick-service restaurants (QSRs), and a rise in the need for wholesome, prepared foods are a few of the additional factors propelling the expansion of the global food and beverage processing equipment market.
The demand for the machinery needed to prepare food has increased as a result of customers’ rising demand for processed food products in numerous countries. The main driver behind the market’s expansion is an increase in demand. The rapid urbanization and industrialization of developing countries are other factors driving the expansion of this market. Due to their busy schedules and demanding work lives brought on by dual-income homes, these couples are more dependent on packaged foods and drinks. Even in underdeveloped countries, many consumers’ dietary habits have undergone a significant change. Because packaged and processed foods and drinks are so practical Both in affluent and developing economies, regular meals take their place.
Major market companies are spending a lot of money to develop cutting-edge machinery for this sector of the economy. Research and development are ongoing to expand the output capacity of this equipment. The output or production capacity of various industries has increased as a result of the employment of this equipment. does not raise awareness of the advantages of this equipment in emerging countries that are replacing outdated equipment with more cutting-edge equipment that needs little to no human involvement. There is no food or beverage contamination because there is less human intervention. Automation in this sector of the economy helps to preserve the quality of food and drink items. The market is expanding due to a rise in the demand for healthy beverages. All of these factors suggest that the market for equipment used in the production of food and beverages will expand significantly over the coming years.
Food and Beverage Treating Equipment Market:
By Mode of Operation Outlook (Revenue, USD Billion, 2017 – 2030)
By Type Outlook (Revenue, USD Billion, 2017 – 2030)
By Application Outlook (Revenue, USD Billion, 2017 – 2030)
- Bakery & Confectionaries
- Meat, Poultry, & Seafood
- Fruit, Nut, & Vegetable
Regional Outlook (Revenue, USD Billion, 2018 – 2030)
- North America
- Asia Pacific
- South Korea
- Central & South America
- Middle East & Africa
The Food and Beverage Processing Equipment market is studied across North America, Europe, Asia Pacific, Latin America and the Middle East and Africa
The Asia-Pacific market is expanding quickly as a result of expanding economies, a booming industrial base of food processing facilities brought on by fast urbanization, and rising disposable incomes and consumer spending power that are driving up demand for ready-to-eat meals. The demand for cutting-edge food processing equipment that shortens processing times and boosts production efficiency is anticipated to soar in the region. As the number of food processing facilities in the area is anticipated to rise, the supply and consumption of food and beverage processing equipment is anticipated to rise further. Food processing is the most significant industry in nations like China, India, Australia, and New Zealand because these nations are export-oriented. Because players here emphasize utilizing automation and technology. The market for food and beverage processing equipment in the area is anticipated to benefit from this.
Key Companies & Market Share Insights
- BAADER Group
- Bühler AG
- GEA Group Aktiengesellschaft
- The Middleby Corporation
- Tetra Laval International S.A.
- Alfa Laval
- Krones AG
- JBT Corporation
- SPX Flow Inc.
- Equipamientos Cárnicos, S.L. (MAINCA)
- FENCO Food Machinery s.r.l.
- Bigtem Makine A.S.
- TNA Australia Pty Limited
- SPX FLOW introduced homogenizer equipment in June 2021. The beverage sector will make use of a product called APV Pilot 4T that comes in the form of a single compact unit. This apparatus will aid in creating a consistent mixture of immiscible liquids. The market for equipment used to process beverages is anticipated to benefit from this product.
- Gea introduced its brand-new Xtru Twin 140 extruder in October 2021, rounding up its selection of high-capacity output machinery. The Gea Xtru twin extruders provided the versatility to make various goods, including breakfast cereals, dry pet food, die-cut, 2D, 3D, multilayer, square shape, punched, and direct expanded cereal-based snack pellets.