出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年4月
食品・飲料加工機器市場 : タイプ (加工、前処理)、用途 (ベーカリー & 菓子、肉 & 家禽、乳製品、アルコール & ノンアルコール飲料)、操作モード、最終製品の形態と地域別 – 2028年までの世界予測
Food & Beverage Processing Equipment Market by Type (Processing, Pre-Processing), Application (Bakery & Confectionery, Meat & Poultry, Dairy, Alcoholic & Non Alcoholic Beverages), Mode of Operation, End Product Form and Region – Global Forecast to 2028
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The global market for food and beverage processing equipment was valued at USD 64.6 Billion in 2023 and is projected to reach USD 84.9 Billion by 2028, at a CAGR of 5.6% during the forecast period.
The world’s population is expected to grow by more than 9.7 billion by 2050 according to IMF, leading to increased demand for food and beverages. As the population grows, the demand for food and beverages will also increase, which will lead to an increased demand for processing equipment to produce, process and pack food products. Food and beverage industries have been constantly investing on latest technologies, to meet the consumer demands. To provide latest technologies, food and beverage processing equipment companies are constantly innovating and introducing new technologies, leading to increased efficiency and cost-effectiveness in the production of processed foods.
Asia Pacific is projected to witness the growth of 6.2% CAGR during the forecast period.
The Asia Pacific region accounts USD 20.06 Billion of the market size in global market for food and beverage processing equipment in 2022. The food and beverage processing equipment market in the Asia Pacific region is projected to grow at the highest CAGR of 6.2% during forecasted period. The Asia Pacific region has a diverse range of food and beverage industries, from traditional products such as rice and tea to more modern products such as packaged snacks, dairy and beverages. This has created a large market for food and beverage processing equipment companies, as manufacturers seek to cater to the unique needs of different food and beverage industries. According to FAO (Food and Agriculture Organization of the United Nations), India ranks first in milk production in the world contributing 24% of global milk production. More stats from FAO also mentioned that China and India leading in grains, cereals and pulses production. Thus, creating business opportunities for food and beverage processing equipment companies in Asia Pacific region, to process these food commodities.
Bakery & confectionery is gaining rapid popularity in the food and beverage processing equipment market across the globe.
Bakery & confectionery industry includes one of the leading consumer food industries, globally. The bakery & confectionery products have now become essential food items of the vast majority of population. Urbanization has resulted in increased demand for ready to eat products at reasonable costs etc. Bread and biscuits are the major part of the bakery industry, according to USDA the total export value of Baked goods was estimated at USD 4.11 Billion in 2022, with a compound average growth of 1.5% (2013-2022). The bakery & confectionery industry’s growth and demand for its products have led to the dominance of its specialized equipment in the food and beverage processing equipment market.
The processing segment dominated the market for food & beverage processing equipment and was valued the largest at USD 40.8 billion in 2022.
The processing segment equipment’s includes machines that performs operations such as Forming, Extruding , Coating, Drying, Cooling, Freezing, Thermal Process, Homogenization, Filtration and Pressing. Processing equipment plays a critical role in food production, as it performs the majority of operations involved in formulating and cooking ingredients to create the desired products. Thermal processing and cooling operations are the most commonly used methods in the food industry for processing and safely storing food. Due to their significance and influence on food processing, these types of equipment are in great demand. Due to their influence, the food and beverage processing equipment companies is constantly innovating and introducing new technologies, to increase the process efficiency and cost-effectiveness in the production of processed foods.
The semi-automatic segment of the global food & beverage processing equipment market is projected to grow at a higher CAGR of 6.0% from 2023 to 2028.
Semi-automatic machines offer a balance between manual labor and fully automated systems, providing greater efficiency while still allowing for some level of human control and customization. Furthermore, semi-automatic machines tend to be more cost-effective than fully automated systems, making them more accessible to small and medium-sized businesses that may not have the resources to invest in large-scale automation. Thus, creating demand for Semi-automatic processing machines.
The break-up of the profile of primary participants in the food and beverage processing equipment market:
By Value Chain: Supply Side – 41.0%, Demand Side – 59.0%
By Designation: Managers – 24.0%, CXOs – 31.0%, and Executives- 45.0%
By Region: North America – 15%, Europe – 15%, Asia Pacific -40%, RoW – 30%
Prominent companies include Tetra Laval (Switzerland), GEA Group Aktiengesellschaft (Germany), JBT (US) and among others.
Research Coverage:
This research report categorizes the food and beverage processing equipment market by Type (processing , pre-processing ), by Application (Bakery & confectionery products, Meat & poultry ,Dairy products, Fish & seafood, Alcoholic beverages, Non-alcoholic beverages, Other applications), by End Product form (Solid, Liquid, Semi-solid), by Mode of Operation (Semi-automatic, Automatic), and region (North America, Europe, Asia pacific, the middle east & Africa, and South America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the food and beverage processing equipment market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products, and services; key strategies; contracts, partnerships, agreements. New product & service launches, mergers and acquisitions, and recent developments associated with the food and beverage processing equipment market. Competitive analysis of upcoming startups in the food and beverage processing equipment market ecosystem is covered in this report.
Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall food and beverage processing equipment market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Growth in demand for convenience foods), restraints (Several rules and regulations implemented by governments globally), opportunities (New technological trends in food processing), and challenges (Infrastructural challenges in emerging economies) influencing the growth of the food and beverage processing equipment market.
• Product Development/Innovation: Detailed insights on research & development activities, and new product & service launches in the food and beverage processing equipment market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the food and beverage processing equipment market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the food and beverage processing equipment market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Tetra Laval (Switzerland), Marel (Iceland), GEA Group Aktiengesellschaft (Germany), JBT (US) and Bühler (Switzerland), among others in the food and beverage processing equipment market strategies.
目次
1 INTRODUCTION 39
1.1 STUDY OBJECTIVES 39
1.2 MARKET DEFINITION 40
1.3 STUDY SCOPE 40
FIGURE 1 MARKET SEGMENTATION 40
1.3.1 REGIONS COVERED 41
1.3.2 INCLUSIONS & EXCLUSIONS 41
1.3.3 YEARS CONSIDERED 43
1.4 CURRENCY CONSIDERED 43
TABLE 1 USD EXCHANGE RATES, 2018–2022 44
1.5 STAKEHOLDERS 44
1.6 SUMMARY OF CHANGES 45
1.6.1 RECESSION IMPACT ANALYSIS 45
2 RESEARCH METHODOLOGY 46
2.1 RESEARCH DATA 46
FIGURE 2 RESEARCH DESIGN 46
2.1.1 SECONDARY DATA 47
2.1.1.1 Key data from secondary sources 47
2.1.2 PRIMARY DATA 47
2.1.2.1 Key data from primary sources 48
2.1.2.2 Key industry insights 48
2.1.2.3 Breakdown of primary interviews 49
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS 49
2.2 MARKET SIZE ESTIMATION 49
2.2.1 TOP-DOWN APPROACH 49
2.2.2 BOTTOM-UP APPROACH 50
2.2.3 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 50
FIGURE 4 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 51
FIGURE 5 FOOD & BEVERAGE EQUIPMENT PROCESSING MARKET SIZE ESTIMATION (DEMAND SIDE) 51
2.2.4 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 52
FIGURE 6 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 52
FIGURE 7 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION, BY TYPE (SUPPLY SIDE) 53
2.3 GROWTH RATE FORECAST ASSUMPTIONS 53
2.4 DATA TRIANGULATION 54
FIGURE 8 DATA TRIANGULATION 54
2.5 RESEARCH ASSUMPTIONS 55
TABLE 2 RESEARCH ASSUMPTIONS 55
2.6 LIMITATIONS AND RISK ASSESSMENT 56
TABLE 3 LIMITATIONS AND RISK ASSESSMENT 56
2.7 RECESSION IMPACT ANALYSIS 56
2.7.1 MACROECONOMIC INDICATORS OF RECESSION 56
FIGURE 9 INDICATORS OF RECESSION 56
FIGURE 10 WORLD INFLATION RATE, 2011–2021 57
FIGURE 11 GLOBAL GDP, 2011–2021 (USD TRILLION) 58
FIGURE 12 RECESSION INDICATORS AND THEIR IMPACT ON FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET 59
FIGURE 13 GLOBAL FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: PREVIOUS FORECAST VS. RECESSION IMPACT FORECAST 59
3 EXECUTIVE SUMMARY 61
3.1 INTRODUCTION 61
TABLE 4 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SNAPSHOT, 2023 VS. 2028 62
FIGURE 14 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2023 VS. 2028 (USD MILLION) 63
FIGURE 15 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2023 VS. 2028 (USD MILLION) 63
FIGURE 16 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2023 VS. 2028 (USD MILLION) 64
FIGURE 17 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023 VS. 2028 (USD MILLION) 65
FIGURE 18 GLOBAL SHARE OF FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET IN 2023 66
4 PREMIUM INSIGHTS 67
4.1 OPPORTUNITIES FOR FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET PLAYERS 67
FIGURE 19 RISE IN FOOD DEMAND TO DRIVE MARKET GROWTH 67
4.2 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE 68
FIGURE 20 ASIA PACIFIC TO ACCOUNT FOR LARGEST SHARE IN 2023 AND 2028 68
4.3 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION AND COUNTRY 69
FIGURE 21 AUTOMATIC SEGMENT AND CHINA TO ACCOUNT FOR SIGNIFICANT RESPECTIVE SHARES IN 2023 69
4.4 GLOBAL MARKET FOR FOOD & BEVERAGE PROCESSING MARKET 70
FIGURE 22 INDIA ACCOUNTED FOR LARGEST SHARE IN 2023 70
5 MARKET OVERVIEW 71
5.1 INTRODUCTION 71
5.2 MACROECONOMIC INDICATORS 72
5.2.1 RISE IN DEMAND FOR MEAT, POULTRY, AND BAKERY PRODUCTS 72
FIGURE 23 MEAT PRODUCTION, BY REGION, 2019–2021 (MILLION TONNES) 72
FIGURE 24 POULTRY PRODUCTION, BY REGION, 2021 (MILLION TONNES) 73
5.2.2 INCREASE IN CONSUMPTION OF SAFE AND HYGIENIC PROCESSED FOODS 73
5.3 MARKET DYNAMICS 74
FIGURE 25 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET DYNAMICS 74
5.3.1 DRIVERS 74
5.3.1.1 Growth in demand for convenience foods 74
5.3.1.2 Restaurants generate profits through automation in food & beverage industry 75
5.3.2 RESTRAINTS 76
5.3.2.1 Several rules and regulations implemented by governments globally 76
5.3.3 OPPORTUNITIES 77
5.3.3.1 Government initiatives toward meat & processed food industry 77
5.3.3.2 New technological trends in food processing 78
5.3.4 CHALLENGES 78
5.3.4.1 Infrastructural challenges in emerging economies 78
6 INDUSTRY TRENDS 79
6.1 INTRODUCTION 79
6.2 REGULATORY FRAMEWORK 80
6.2.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80
TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 81
6.2.2 REGULATORY FRAMEWORK 81
6.2.3 COUNTRY-WISE REGULATORY AUTHORITIES FOR FOOD & BEVERAGE PROCESSING EQUIPMENT 82
6.2.3.1 North America 82
6.2.3.1.1 US 82
6.2.3.1.2 Canada 83
6.2.3.2 Europe 84
6.2.3.3 Asia Pacific 86
6.2.3.3.1 China 86
6.2.3.3.2 Japan 87
6.2.3.3.3 Australia & New Zealand 87
6.3 PATENT ANALYSIS 88
FIGURE 26 NUMBER OF PATENTS APPROVED FOR FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, 2012–2022 88
TABLE 8 LIST OF MAJOR PATENTS PERTAINING TO FOOD & BEVERAGE PROCESSING EQUIPMENT, 2012–2022 89
FIGURE 27 JURISDICTIONS WITH HIGHEST PATENT APPROVALS FOR FOOD & BEVERAGE PROCESSING EQUIPMENT, 2012–2022 90
6.4 VALUE CHAIN ANALYSIS 91
6.4.1 RESEARCH & PRODUCT DEVELOPMENT 91
6.4.2 INPUTS 91
6.4.3 FOOD & BEVERAGE PROCESSING EQUIPMENT MANUFACTURING 92
6.4.4 DISTRIBUTION & SALES MANAGEMENT 92
6.4.5 END-USER INDUSTRY 92
6.5 TRENDS/DISRUPTIONS IMPACTING BUYERS OF FOOD & BEVERAGE PROCESSING EQUIPMENT 92
6.5.1 PELLET FRYING LINE 93
6.5.2 ROBOT GRIPPERS 93
6.6 MARKET ECOSYSTEM 95
6.6.1 UPSTREAM 95
6.6.1.1 Equipment manufacturers 95
6.6.1.2 Technology providers 95
6.6.1.3 End users 95
6.6.2 DOWNSTREAM 96
6.6.2.1 Startups/Emerging companies 96
TABLE 9 FOOD & BEVERAGE PROCESSING EQUIPMENT: ECOSYSTEM VIEW 96
6.7 TRADE ANALYSIS 97
TABLE 10 IMPORT VALUE OF INDUSTRIAL FOOD PREPARATION MACHINERY FOR KEY COUNTRIES, 2021 (USD MILLION) 97
TABLE 11 EXPORT VALUE OF INDUSTRIAL FOOD PREPARATION MACHINERY FOR KEY COUNTRIES, 2021 (USD MILLION) 98
6.8 KEY CONFERENCES & EVENTS 99
TABLE 12 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: CONFERENCES & EVENTS, 2023–2024 99
6.9 CASE STUDY ANALYSIS 101
6.9.1 INSTALLATION OF FASTER PACKAGING LINE AT MEAT PRODUCTION FACILITIES 101
6.9.2 PRODUCTION LINE AUTOMATION NEEDED AT FROZEN FOOD AND MEAT PRODUCT FACILITIES IN CHINA 102
6.9.3 BISCUIT MANUFACTURING WITH EFFICIENT, COMPACT PACKAGING EQUIPMENT 102
6.10 TECHNOLOGY ANALYSIS 103
6.10.1 ISOCHORIC FREEZING 103
6.10.2 HIGH-VOLTAGE ATMOSPHERIC COLD PLASMA 103
6.10.3 ELECTROHYDRODYNAMIC DRYING 104
6.11 PORTER’S FIVE FORCES ANALYSIS 104
TABLE 13 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS 104
6.11.1 THREAT FROM NEW ENTRANTS 105
6.11.2 THREAT FROM SUBSTITUTES 105
6.11.3 BARGAINING POWER OF SUPPLIERS 105
6.11.4 BARGAINING POWER OF BUYERS 106
6.11.5 INTENSITY OF COMPETITIVE RIVALRY 106
6.12 KEY STAKEHOLDERS & BUYING CRITERIA 106
6.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 106
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY MODE OF OPERATION 107
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY MODE OF OPERATION 107
6.13 BUYING CRITERIA 108
FIGURE 32 KEY BUYING CRITERIA FOR MODE OF OPERATION OF FOOD & BEVERAGE PROCESSING EQUIPMENT 108
TABLE 15 KEY BUYING CRITERIA FOR MODE OF OPERATION 108
7 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION 109
7.1 INTRODUCTION 110
FIGURE 33 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2023 VS. 2028 (USD BILLION) 110
TABLE 16 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2018–2022 (USD MILLION) 110
TABLE 17 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2023–2028 (USD MILLION) 111
7.2 SEMI-AUTOMATIC 111
7.2.1 LOWER INSTALLATION AND MAINTENANCE COSTS FUEL MARKET IN EMERGING ECONOMIES 111
TABLE 18 SEMI-AUTOMATIC FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 112
TABLE 19 SEMI-AUTOMATIC FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 112
7.3 AUTOMATIC 112
7.3.1 ACCURACY, TIME-SAVING, AND EFFICIENCY OFFERED BY AUTOMATION 112
TABLE 20 AUTOMATIC FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 113
TABLE 21 AUTOMATIC FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION 2023–2028 (USD MILLION) 113
8 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM 114
8.1 INTRODUCTION 115
FIGURE 34 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2023 VS. 2028 (USD BILLION) 115
TABLE 22 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2022 (USD MILLION) 116
TABLE 23 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2023–2028 (USD MILLION) 116
8.2 SOLID 116
8.2.1 INCREASING CONSUMPTION OF ULTRA-PROCESSED SOLID FOOD PRODUCTS 116
TABLE 24 SOLID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 117
TABLE 25 SOLID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION 2023–2028 (USD MILLION) 117
8.3 LIQUID 117
8.3.1 GROWTH IN HEALTH AWARENESS AND DEMAND FOR FRUIT & VEGETABLE JUICES 117
TABLE 26 LIQUID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 118
TABLE 27 LIQUID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION 2023–2028 (USD MILLION) 118
8.4 SEMI-SOLID 119
8.4.1 WIDE RANGE OF APPLICATIONS IN DIPS, SAUCES, SPREADS, AND DRESSINGS 119
TABLE 28 SEMI-SOLID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 119
TABLE 29 SEMI-SOLID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 120
9 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION 121
9.1 INTRODUCTION 122
FIGURE 35 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023 VS. 2028 (USD BILLION) 122
TABLE 30 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 123
TABLE 31 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 123
9.2 BAKERY & CONFECTIONERY PRODUCTS 123
9.2.1 HIGH DEMAND FOR PROCESSED AND PREMIUM BAKERY PRODUCTS IN DEVELOPED COUNTRIES 123
TABLE 32 BAKERY & CONFECTIONERY PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 125
TABLE 33 BAKERY & CONFECTIONERY PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 125
9.3 MEAT & POULTRY 125
9.3.1 INCREASED CONSUMPTION OF PROCESSED AND FROZEN MEAL PRODUCTS 125
TABLE 34 MEAT & POULTRY PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 126
TABLE 35 MEAT & POULTRY PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 126
9.4 DAIRY PRODUCTS 127
9.4.1 AUTOMATED PROCESSING LINES CURATED BY MANY DAIRY PRODUCT MANUFACTURERS TO INCREASE PRODUCTION 127
TABLE 36 DAIRY PRODUCT PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 127
TABLE 37 DAIRY PRODUCT PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 128
9.5 FISH & SEAFOOD 128
9.5.1 USAGE OF AUTOMATION PROCESSING EQUIPMENT FOR FISH & SEAFOOD TO INCREASE SHELF LIFE 128
TABLE 38 FISH & SEAFOOD PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 129
TABLE 39 FISH & SEAFOOD PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 129
9.6 ALCOHOLIC BEVERAGES 129
9.6.1 INCREASE IN NUMBER OF BREWERIES 129
TABLE 40 ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 130
TABLE 41 ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 130
9.7 NON-ALCOHOLIC BEVERAGES 131
9.7.1 RISE IN AWARENESS TOWARD HEALTHY AND FUNCTIONAL DRINKS 131
TABLE 42 NON-ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 131
TABLE 43 NON-ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 132
9.8 OTHER APPLICATIONS 132
TABLE 44 OTHER FOOD & BEVERAGE PROCESSING EQUIPMENT APPLICATIONS MARKET, BY REGION, 2018–2022 (USD MILLION) 133
TABLE 45 OTHER FOOD & BEVERAGE PROCESSING EQUIPMENT APPLICATIONS MARKET, BY REGION, 2023–2028 (USD MILLION) 133
10 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE 134
10.1 INTRODUCTION 135
FIGURE 36 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2023 VS. 2028 (USD BILLION) 136
TABLE 46 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 136
TABLE 47 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 136
10.2 PRE-PROCESSING 137
TABLE 48 PRE-PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 137
TABLE 49 PRE-PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 137
TABLE 50 PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 138
TABLE 51 PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 138
10.2.1 SORTING & GRADING 138
10.2.1.1 Reduced wastage, food safety assurance, and improved quality of sorted food products 138
TABLE 52 SORTING & GRADING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 139
TABLE 53 SORTING & GRADING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 139
10.2.2 CUTTING, PEELING, GRINDING, SLICING, AND WASHING 139
10.2.2.1 Improved hygiene and consistency of cut fruits and vegetables 139
TABLE 54 CUTTING, PEELING, GRINDING, SLICING, AND WASHING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 140
TABLE 55 CUTTING, PEELING, GRINDING, SLICING, AND WASHING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 140
10.2.3 MIXING & BLENDING 141
10.2.3.1 Easy and consistent mixing of ingredients in bakery & confectionery, beverage, and dairy industries 141
TABLE 56 MIXING & BLENDING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 141
TABLE 57 MIXING & BLENDING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 142
10.3 PROCESSING 142
TABLE 58 PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 142
TABLE 59 PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 143
TABLE 60 PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 143
TABLE 61 PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 143
10.3.1 FORMING 144
10.3.1.1 Consistent quality, quick processing, and errors associated with manual operations avoided by forming equipment 144
TABLE 62 FORMING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 144
TABLE 63 FORMING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 145
10.3.2 EXTRUDING 145
10.3.2.1 High efficiency of extrusion in production of breakfast cereals 145
TABLE 64 EXTRUDING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 146
TABLE 65 EXTRUDING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 146
10.3.3 COATING 147
10.3.3.1 Increase in demand for healthier snack products and premium coated confectionery products 147
TABLE 66 COATING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 147
TABLE 67 COATING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 148
10.3.4 DRYING, COOLING, AND FREEZING 148
10.3.4.1 Freeze and spray drying find major applications in processing seasonal and perishable food products 148
TABLE 68 DRYING, COOLING, AND FREEZING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 149
TABLE 69 DRYING, COOLING, AND FREEZING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 149
10.3.5 THERMAL 150
10.3.5.1 Prevention of food spoilage due to heat treatment 150
TABLE 70 THERMAL EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 150
TABLE 71 THERMAL EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 150
10.3.6 HOMOGENIZATION 151
10.3.6.1 High-volume processing, along with low energy costs of dairy products 151
TABLE 72 HOMOGENIZATION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 151
TABLE 73 HOMOGENIZATION EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 151
10.3.7 FILTRATION 152
10.3.7.1 Demand for high quality and extended shelf life of filtered alcoholic and non-alcoholic beverages 152
TABLE 74 FILTRATION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 152
TABLE 75 FILTRATION EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 153
10.3.8 PRESSING 153
10.3.8.1 High efficiency and ease of sap extraction in wine and fruit juice industries 153
TABLE 76 PRESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 154
TABLE 77 PRESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 154
11 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION 155
11.1 INTRODUCTION 156
FIGURE 37 GEOGRAPHICAL SNAPSHOT (2023–2028): ASIA PACIFIC EMERGING AS NEW HOTSPOT FOR FOOD & BEVERAGE PROCESSING EQUIPMENT 156
TABLE 78 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 157
TABLE 79 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2023–2028 (USD MILLION) 157
11.2 NORTH AMERICA 157
11.2.1 NORTH AMERICA: RECESSION IMPACT ANALYSIS 158
FIGURE 38 NORTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2017–2021 159
FIGURE 39 NORTH AMERICA: RECESSION IMPACT ANALYSIS, 2023 160
TABLE 80 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 160
TABLE 81 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 160
TABLE 82 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 161
TABLE 83 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 161
TABLE 84 NORTH AMERICA: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 161
TABLE 85 NORTH AMERICA: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 161
TABLE 86 NORTH AMERICA: PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 162
TABLE 87 NORTH AMERICA: PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2023–2028 (USD MILLION) 162
TABLE 88 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 163
TABLE 89 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 163
TABLE 90 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2018–2022 (USD MILLION) 163
TABLE 91 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2023–2028 (USD MILLION) 164
TABLE 92 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2022 (USD MILLION) 164
TABLE 93 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2023–2028 (USD MILLION) 164
11.2.2 US 164
11.2.2.1 Strong presence of key market players and increasing use of automation in US 164
TABLE 94 US: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 166
TABLE 95 US: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 166
11.2.3 CANADA 167
11.2.3.1 Increase in processed food & beverage consumption in Canada 167
TABLE 96 CANADA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 168
TABLE 97 CANADA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 168
11.2.4 MEXICO 169
11.2.4.1 Presence of established processed food manufacturers in Mexico 169
TABLE 98 MEXICO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 169
TABLE 99 MEXICO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 170
11.3 ASIA PACIFIC 170
11.3.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 171
FIGURE 41 ASIA PACIFIC: RECESSION IMPACT ANALYSIS, 2023 172
FIGURE 42 ASIA PACIFIC: MARKET SNAPSHOT 173
TABLE 100 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 173
TABLE 101 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 174
TABLE 102 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 174
TABLE 103 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 174
TABLE 104 ASIA PACIFIC: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 174
TABLE 105 ASIA PACIFIC: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 175
TABLE 106 ASIA PACIFIC: PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 175
TABLE 107 ASIA PACIFIC: PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 175
TABLE 108 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 176
TABLE 109 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 176
TABLE 110 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2018–2022 (USD MILLION) 176
TABLE 111 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2023–2028 (USD MILLION) 177
TABLE 112 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2022 (USD MILLION) 177
TABLE 113 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2023–2028 (USD MILLION) 177
11.3.2 CHINA 178
11.3.2.1 High preference for fortified food & beverage products in China 178
TABLE 114 CHINA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 179
TABLE 115 CHINA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 179
11.3.3 JAPAN 180
11.3.3.1 Westernized food consumption patterns, along with inclination toward balanced and healthy diets in Japan 180
TABLE 116 JAPAN: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 181
TABLE 117 JAPAN: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 181
11.3.4 INDIA 182
11.3.4.1 Supportive government policies and growing consumer awareness regarding healthy diet in India 182
TABLE 118 INDIA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 183
TABLE 119 INDIA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 183
11.3.5 AUSTRALIA & NEW ZEALAND 184
11.3.5.1 Consumer preference to spend on nutritional food products in Australia & New Zealand 184
TABLE 120 AUSTRALIA & NEW ZEALAND: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 185
TABLE 121 AUSTRALIA & NEW ZEALAND: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 185
11.3.6 REST OF ASIA PACIFIC 186
TABLE 122 REST OF ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 186
TABLE 123 REST OF ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 187
11.4 EUROPE 187
11.4.1 EUROPE: RECESSION IMPACT ANALYSIS 188
FIGURE 43 EUROPE: INFLATION RATES, BY KEY COUNTRY, 2017–2021 189
FIGURE 44 EUROPE: RECESSION IMPACT ANALYSIS, 2023 189
TABLE 124 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 189
TABLE 125 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 190
TABLE 126 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 190
TABLE 127 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 190
TABLE 128 EUROPE: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 190
TABLE 129 EUROPE: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 191
TABLE 130 EUROPE: PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 191
TABLE 131 EUROPE: PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 191
TABLE 132 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 192
TABLE 133 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 192
TABLE 134 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2018–2022 (USD MILLION) 192
TABLE 135 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2023–2028 (USD MILLION) 193
TABLE 136 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2022 (USD MILLION) 193
TABLE 137 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2023–2028 (USD MILLION) 193
11.4.2 UK 193
11.4.2.1 Increased preference for frozen convenience food & beverages in UK 193
TABLE 138 UK: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 194
TABLE 139 UK: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 195
11.4.3 GERMANY 195
11.4.3.1 Small and medium-scale companies dominate food processing industry in Germany 195
TABLE 140 GERMANY: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 196
TABLE 141 GERMANY: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 196
11.4.4 ITALY 197
11.4.4.1 Focus on food processing and export of food machinery in Italy 197
TABLE 142 ITALY: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 197
TABLE 143 ITALY: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 198
11.4.5 SPAIN 198
11.4.5.1 Significantly large meat and seafood industry in Spain 198
TABLE 144 SPAIN: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 199
TABLE 145 SPAIN: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 199
11.4.6 FRANCE 200
11.4.6.1 Investment by French companies in Asia Pacific to produce dairy, bakery & confectionery products, and beverages 200
TABLE 146 FRANCE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 200
TABLE 147 FRANCE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 201
11.4.7 REST OF EUROPE 201
TABLE 148 REST OF EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 202
TABLE 149 REST OF EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 202
11.5 SOUTH AMERICA 203
11.5.1 SOUTH AMERICA: RECESSION IMPACT ANALYSIS 203
FIGURE 45 SOUTH AMERICA: INFLATION RATES, BY KEY COUNTRY, 2017–2021 204
FIGURE 46 SOUTH AMERICA: RECESSION IMPACT ANALYSIS, 2023 204
FIGURE 47 SOUTH AMERICA: MARKET SNAPSHOT 205
TABLE 150 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 205
TABLE 151 SOUTH AMERICA: FOOD & BEVERAGE PRODUCT PROCESSING EQUIPMENT MARKET, BY REGION 2023–2028 (USD MILLION) 206
TABLE 152 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 206
TABLE 153 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 206
TABLE 154 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 207
TABLE 155 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 207
TABLE 156 SOUTH AMERICA: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 207
TABLE 157 SOUTH AMERICA: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 207
TABLE 158 SOUTH AMERICA: PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 208
TABLE 159 SOUTH AMERICA: PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 208
TABLE 160 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2018–2022 (USD MILLION) 208
TABLE 161 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2023–2028 (USD MILLION) 209
TABLE 162 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2022 (USD MILLION) 209
TABLE 163 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2023–2028 (USD MILLION) 209
11.5.2 BRAZIL 210
11.5.2.1 Rise in demand for bakery & confectionery and investments in processed food & beverages in Brazil 210
TABLE 164 BRAZIL: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 210
TABLE 165 BRAZIL: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 211
11.5.3 ARGENTINA 211
11.5.3.1 Increase in meat consumption to drive processing in Argentina 211
TABLE 166 ARGENTINA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 212
TABLE 167 ARGENTINA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 212
11.5.4 REST OF SOUTH AMERICA 213
TABLE 168 REST OF SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 213
TABLE 169 REST OF SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 214
11.6 REST OF THE WORLD (ROW) 214
11.6.1 ROW: RECESSION IMPACT ANALYSIS 214
FIGURE 48 ROW: INFLATION RATES, BY KEY COUNTRY, 2017–2021 215
FIGURE 49 ROW: RECESSION IMPACT ANALYSIS, 2022–2023 215
TABLE 170 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 215
TABLE 171 ROW: FOOD & BEVERAGE PRODUCT PROCESSING EQUIPMENT MARKET, BY REGION 2023–2028 (USD MILLION) 216
TABLE 172 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 216
TABLE 173 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 216
TABLE 174 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 217
TABLE 175 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 217
TABLE 176 ROW: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 217
TABLE 177 ROW: PRE-PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 217
TABLE 178 ROW: PROCESSING EQUIPMENT MARKET, BY TYPE, 2018–2022 (USD MILLION) 218
TABLE 179 ROW: PROCESSING EQUIPMENT MARKET, BY TYPE, 2023–2028 (USD MILLION) 218
TABLE 180 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2018–2022 (USD MILLION) 218
TABLE 181 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2023–2028 (USD MILLION) 219
TABLE 182 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2018–2022 (USD MILLION) 219
TABLE 183 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2023–2028 (USD MILLION) 219
11.6.2 MIDDLE EAST 220
11.6.2.1 Rise in demand for dairy products and increase in investments in Middle Eastern processed food & beverage industry 220
TABLE 184 MIDDLE EAST: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 220
TABLE 185 MIDDLE EAST: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 221
11.6.3 AFRICA 221
11.6.3.1 Consumer preference to drive African bakery & confectionery industry 221
TABLE 186 AFRICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 222
TABLE 187 AFRICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 222
12 COMPETITIVE LANDSCAPE 223
12.1 OVERVIEW 223
12.2 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS 223
FIGURE 50 SEGMENTAL REVENUE ANALYSIS OF KEY PLAYERS IN MARKET, 2018–2022 (USD BILLION) 223
12.3 MARKET SHARE ANALYSIS 224
TABLE 188 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: DEGREE OF COMPETITION (COMPETITIVE) 225
12.4 KEY PLAYER STRATEGIES 225
12.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS) 228
12.5.1 STARS 228
12.5.2 EMERGING LEADERS 228
12.5.3 PERVASIVE PLAYERS 228
12.5.4 PARTICIPANTS 229
FIGURE 51 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2022 (KEY PLAYERS) 229
12.5.5 PRODUCT FOOTPRINT 230
TABLE 189 COMPANY FOOTPRINT, BY PRODUCT TYPE 230
TABLE 190 COMPANY FOOTPRINT, BY APPLICATION 231
TABLE 191 COMPANY FOOTPRINT, BY REGION 232
TABLE 192 OVERALL COMPANY FOOTPRINT 233
12.6 COMPANY EVALUATION QUADRANT (STARTUPS/SMES) 234
12.6.1 PROGRESSIVE COMPANIES 234
12.6.2 STARTING BLOCKS 234
12.6.3 RESPONSIVE COMPANIES 234
12.6.4 DYNAMIC COMPANIES 234
FIGURE 52 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2022 (STARTUP/SME) 235
12.6.5 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 236
TABLE 193 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: DETAILED LIST OF KEY STARTUPS/SMES 236
TABLE 194 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES 237
12.7 COMPETITIVE SCENARIO 238
12.7.1 PRODUCT LAUNCHES 238
TABLE 195 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: PRODUCT LAUNCHES, JUNE 2021–FEBRUARY 2023 238
12.7.2 DEALS 241
TABLE 196 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: DEALS, DECEMBER 2020–APRIL 2023 241
12.7.3 OTHERS 244
TABLE 197 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: OTHERS, MAY 2020–JULY 2022 244
13 COMPANY PROFILES 249
(Business overview, Products offered, Recent Developments, MNM view)*
13.1 KEY PLAYERS 249
13.1.1 TETRA LAVAL 249
TABLE 198 TETRA LAVAL: BUSINESS OVERVIEW 249
FIGURE 53 TETRA LAVAL: COMPANY SNAPSHOT 250
TABLE 199 TETRA LAVAL: PRODUCT OFFERINGS 250
TABLE 200 TETRA LAVAL: OTHERS 253
13.1.2 MAREL 255
TABLE 201 MAREL: BUSINESS OVERVIEW 255
FIGURE 54 MAREL: COMPANY SNAPSHOT 256
TABLE 202 MAREL: PRODUCT OFFERINGS 256
TABLE 203 MAREL: PRODUCT LAUNCHES 257
TABLE 204 MAREL: DEALS 258
TABLE 205 MAREL: OTHERS 260
13.1.3 GEA GROUP AKTIENGESELLSCHAFT 262
TABLE 206 GEA GROUP AKTIENGESELLSCHAFT: BUSINESS OVERVIEW 262
FIGURE 55 GEA GROUP AKTIENGESELLSCHAFT: COMPANY SNAPSHOT 263
TABLE 207 GEA GROUP AKTIENGESELLSCHAFT: PRODUCT OFFERINGS 263
TABLE 208 GEA GROUP AKTIENGESELLSCHAFT: PRODUCT LAUNCHES 266
TABLE 209 GEA GROUP AKTIENGESELLSCHAFT: OTHERS 267
13.1.4 JBT 269
TABLE 210 JBT: BUSINESS OVERVIEW 269
FIGURE 56 JBT: COMPANY SNAPSHOT 270
TABLE 211 JBT: PRODUCT OFFERINGS 270
TABLE 212 JBT: PRODUCT LAUNCHES 273
TABLE 213 JBT: OTHERS 274
13.1.5 BÜHLER 275
TABLE 214 BÜHLER: BUSINESS OVERVIEW 275
FIGURE 57 BÜHLER: COMPANY SNAPSHOT 276
TABLE 215 BÜHLER: PRODUCT OFFERINGS 276
TABLE 216 BÜHLER: PRODUCT LAUNCHES 277
TABLE 217 BÜHLER: DEALS 278
TABLE 218 BÜHLER: OTHERS 279
13.1.6 ALFA LAVAL 281
TABLE 219 ALFA LAVAL: BUSINESS OVERVIEW 281
FIGURE 58 ALFA LAVAL: COMPANY SNAPSHOT 282
TABLE 220 ALFA LAVAL: PRODUCT OFFERINGS 282
TABLE 221 ALFA LAVAL: OTHERS 284
13.1.7 BUCHER INDUSTRIES AG 285
TABLE 222 BUCHER INDUSTRIES AG: BUSINESS OVERVIEW 285
FIGURE 59 BUCHER INDUSTRIES AG: COMPANY SNAPSHOT 286
TABLE 223 BUCHER INDUSTRIES AG: PRODUCT OFFERINGS 286
13.1.8 SPX FLOW, INC. 289
TABLE 224 SPX FLOW INC.: BUSINESS OVERVIEW 289
FIGURE 60 SPX FLOW INC.: COMPANY SNAPSHOT 290
TABLE 225 SPX FLOW INC.: PRODUCT OFFERINGS 290
TABLE 226 SPX FLOW INC.: PRODUCT LAUNCHES 291
TABLE 227 SPX FLOW INC.: DEALS 292
TABLE 228 SPX FLOW INC.: OTHERS 293
13.1.9 THE MIDDLEBY CORPORATION 295
TABLE 229 THE MIDDLEBY CORPORATION: BUSINESS OVERVIEW 295
FIGURE 61 THE MIDDLEBY CORPORATION: COMPANY SNAPSHOT 296
TABLE 230 THE MIDDLEBY CORPORATION: PRODUCT OFFERINGS 296
TABLE 231 THE MIDDLEBY CORPORATION: DEALS 298
TABLE 232 THE MIDDLEBY CORPORATION: OTHERS 299
13.1.10 KRONES AG 300
TABLE 233 KRONES AG: BUSINESS OVERVIEW 300
FIGURE 62 KRONES AG: COMPANY SNAPSHOT 301
TABLE 234 KRONES AG: PRODUCT OFFERINGS 301
TABLE 235 KRONES AG: OTHERS 303
13.1.11 BIGTEM MAKINE A.S. 305
TABLE 236 BIGTEM MAKINE A.S.: BUSINESS OVERVIEW 305
TABLE 237 BIGTEM MAKINE A.S.: PRODUCT OFFERINGS 305
13.1.12 EQUIPAMIENTOS CÁRNICOS, S.L. 308
TABLE 238 EQUIPAMIENTOS CÁRNICOS, S.L.: BUSINESS OVERVIEW 308
TABLE 239 EQUIPAMIENTOS CÁRNICOS, S.L.: PRODUCT OFFERINGS 308
13.1.13 TNA AUSTRALIA PTY LIMITED 310
TABLE 240 TNA AUSTRALIA PTY LIMITED: BUSINESS OVERVIEW 310
TABLE 241 TNA AUSTRALIA PTY LIMITED: PRODUCT OFFERINGS 310
13.1.14 FENCO FOOD MACHINERY S.R.L. 312
TABLE 242 FENCO FOOD MACHINERY S.R.L.: BUSINESS OVERVIEW 312
TABLE 243 FENCO FOOD MACHINERY S.R.L.: PRODUCT OFFERINGS 312
13.1.15 KHS GROUP 314
TABLE 244 KHS GROUP: BUSINESS OVERVIEW 314
TABLE 245 KHS GROUP: PRODUCT OFFERINGS 314
TABLE 246 KHS GROUP: OTHERS 315
13.2 OTHER PLAYERS 316
13.2.1 CLEXTRAL 316
TABLE 247 CLEXTRAL: BUSINESS OVERVIEW 316
TABLE 248 CLEXTRAL: PRODUCT OFFERINGS 316
13.2.2 GOMA 318
TABLE 249 GOMA: BUSINESS OVERVIEW 318
TABLE 250 GOMA: PRODUCT OFFERINGS 318
13.2.3 NEOLOGIC ENGINEERS PVT. LTD 320
TABLE 251 NEOLOGIC ENGINEERS PVT. LTD: BUSINESS OVERVIEW 320
TABLE 252 NEOLOGIC ENGINEERS PVT. LTD: PRODUCT OFFERINGS 320
13.2.4 FINIS FOOD PROCESSING EQUIPMENT B.V. 322
TABLE 253 FINIS FOOD PROCESSING EQUIPMENT B.V.: BUSINESS OVERVIEW 322
TABLE 254 FINIS FOOD PROCESSING EQUIPMENT B.V.: PRODUCT OFFERINGS 322
13.2.5 ANDERSON DAHLEN 324
TABLE 255 ANDERSON DAHLEN: BUSINESS OVERVIEW 324
TABLE 256 ANDERSON DAHLEN: PRODUCT OFFERINGS 324
13.2.6 HEAT AND CONTROL, INC. 326
13.2.7 ANKO FOOD MACHINE CO., LTD 327
13.2.8 BAADER 328
13.2.9 DOVER CORPORATION 328
13.2.10 BETTCHER INDUSTRIES, INC 329
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
14 ADJACENT & RELATED MARKETS 330
14.1 INTRODUCTION 330
14.2 BEVERAGE PROCESSING EQUIPMENT MARKET 330
14.2.1 LIMITATIONS 330
14.2.2 MARKET DEFINITION 330
14.2.3 MARKET OVERVIEW 331
14.2.4 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE 331
TABLE 257 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE, 2017–2020 (USD MILLION) 331
TABLE 258 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE, 2021–2026 (USD MILLION) 331
14.2.5 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION 332
TABLE 259 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2017–2020 (USD MILLION) 332
TABLE 260 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2021–2026 (USD MILLION) 332
14.3 BAKERY PROCESSING EQUIPMENT MARKET 333
14.3.1 MARKET DEFINITION 333
14.3.2 MARKET OVERVIEW 333
14.3.3 BAKERY PROCESSING EQUIPMENT MARKET, BY TYPE 333
TABLE 261 BAKERY PROCESSING EQUIPMENT MARKET, BY TYPE, 2020–2025 (USD MILLION) 334
14.3.4 BAKERY PROCESSING EQUIPMENT MARKET, BY REGION 334
TABLE 262 BAKERY PROCESSING EQUIPMENT MARKET, BY REGION, 2020–2025 (USD MILLION) 335
14.4 DAIRY PROCESSING EQUIPMENT MARKET 335
14.4.1 LIMITATIONS 335
14.4.2 MARKET DEFINITION 336
14.4.3 MARKET OVERVIEW 336
TABLE 263 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE, 2016–2020 (USD MILLION) 336
TABLE 264 DAIRY PROCESSING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION) 337
15 APPENDIX 338
15.1 DISCUSSION GUIDE 338
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 345
15.3 CUSTOMIZATION OPTIONS 347
15.4 RELATED REPORTS 347
15.5 AUTHOR DETAILS 348