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Food Processing Equipment Market Size, Developments Status, Trends and Leading Players Analysis, Forecast 2027

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The global Food Processing Equipment market size is expected to surpass around US$ 89 billion by 2027 and the market is expected to garner growth at a CAGR of 6.2% over the forecast period 2021 to 2027.

The Food Processing Equipment market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.

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Growth Factors

Mounting pressure on the processing industry owing to the growing demand for packaged and processed food products as a result of the intensifying population is anticipated to contribute to the substantial market expansion in the near future. This is prompting a major percentage of the human population to rely on processed food. Moreover, as the percentage of working population upsurges, a marked transition to processed foods is seen. Some of the major influences supporting the widespread demand of food processing equipment in the emergent nations include augmented globalization, increasing income, and implementation of automated technologies among others. Additionally, escalating need for processed foods and improvement of novel foods and beverages that need innovative production approaches and related machinery are further flourishing the growth of the market. On the other hand, the presence of stringent regulatory compliances regarding the manufacturing of processed food may hamper the growth of this market in the near future.

The global food processing equipment industry is facing a number of challenges as it deals with the impact of the novel coronavirus (COVID-19) outbreak. The mainstream of the global populace is in lockdown on account of speedy proliferation of the COVID-19 epidemic. The contagion situation has led to a complete shutdown of numerous operations across the world. Numerous key industries are under the threat of a decline in their sales. In addition, the food & beverage sector is undergoing minor demise in its trades owing to the total lockdown of numerous nations across the globe. This has adversely influenced the global food processing equipment market as consumers are electing to purchase only indispensible products.

Market Report Scope

Report Highlights Details
Market Size USD 89 Billion by 2027
Growth Rate CAGR of 6.2% from 2021 to 2027
Fastest Growing Market North America
Largest Market Asia Pacific
Base Year 2021
Forecast Period 2021 to 2027

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Market Overview

A recent study by Precedence Research on the Food Processing Equipment market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the Food Processing Equipment market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Food Processing Equipment. The study also provides the dynamics that are responsible for influencing the future status of the Food Processing Equipment market over the forecast period.

A detailed assessment of the Food Processing Equipment market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Food Processing Equipment market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • Rising urbanization and snowballing disposable incomes are altering lifestyles across major cities in developing nations. This, in turn, boosts the growth of the food processing equipment market.
  • The food processing industry is progressively focusing on using energy-efficient equipment in a bid to condense operational costs.
  • A huge population base in Asia Pacific nations and frequent changes in food inclination amongst consumers augments demand for food products
  • Escalating investment by manufacturers in high-end automation, robotics, and innovative equipment seems to be the current trend in the food processing equipment market.

Regional Snapshots

The North America region is expected to dominate the global food processing equipment market by occupying the maximum market share. Furthermore, the European region is projected to witness significant growth during the forecast period owing to increasing awareness level regarding innovative food products. However, the Asia Pacific region is anticipated to be the fastest-growing market for food processing equipment over the projection period. The region is projected to experience a sharp growth in the demand for advanced food processing equipment that helps decrease the processing time and improve the efficiency of manufacturing operations. In addition, the food processing sectors in Asian countries such as China, India, Australia, and New Zealand are export-oriented; likewise, the processing sector is on high priority in these countries, as the companies here are focusing on technology adoption and automation. The estimated growth in the number of food processing units in the Asia Pacific region is further expected to propel the supply and consumption of food processing equipment.

OBJECTIVES OF THE STUDY

  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • GEA Group AG
  • Bettcher Industries Incorporated
  • Anko Food Machine Company Limited
  • Berkshire Hathaway Incorporated
  • Atlas Pacific Engineering Company Incorporated
  • Bucher Industries AG
  • Hosokawa Micron Corporation
  • Bibun Engineering
  • Others

Segments Covered in the Report

By Type

  • Processing
  • Pre-processing

By Mode of Operation

  • Semi-automatic
  • Automatic

By Application

  • Bakery & Confectionery
  • Meat, Poultry & Seafood
  • Dairy
  • Beverages
  • Others

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global Food Processing Equipment market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Food Processing Equipment are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Food Processing Equipment Market, By Type

7.1. Food Processing Equipment Market, by Type, 2020-2027
7.1.1. Processing
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Pre-processing
7.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Food Processing Equipment Market, By Application

8.1. Food Processing Equipment Market, by Application, 2020-2027
8.1.1. Bakery & Confectionery
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Meat, Poultry & Seafood
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Dairy
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Beverages
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Food Processing Equipment Market, By Mode of Operation

9.1. Food Processing Equipment Market, by Mode of Operation, 2020-2027
9.1.1. Semi-automatic
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Automatic
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Food Processing Equipment Market, Regional Estimates and Trend Forecast

10.1. North America
10.1.1. Market Revenue and Forecast, by Type (2016-2027)
10.1.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.1.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.6.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Type (2016-2027)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.2.7.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.6.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Type (2016-2027)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.3.7.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.6.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Type (2016-2027)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2027)
10.4.7.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Type (2016-2027)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.4.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Type (2016-2027)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2027)
10.5.5.3. Market Revenue and Forecast, by Mode of Operation (2016-2027)

Chapter 11. Company Profiles

11.1. GEA Group AG
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Bettcher Industries Incorporated
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Anko Food Machine Company Limited
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Berkshire Hathaway Incorporated
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Atlas Pacific Engineering Company Incorporated
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Bucher Industries AG
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Hosokawa Micron Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Bibun Engineering
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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