Food Processing and Handling Equipment Market Size, Share, Growth, and Industry Analysis, By Types (Food Processing Equipment, Food Packaging Equipment, Food Service Equipment), Applications (Solid Food, Liquid Food, Semi-Solid Food) Regional Insights and Forecast to 2033

Despite growth opportunities, developing countries often grapple with infrastructural deficiencies that hinder the adoption of advanced food processing equipment. Issues such as inadequate cold storage facilities, unreliable electricity supply, and poor transportation networks pose significant challenges. Addressing these infrastructural gaps requires substantial investments and coordinated efforts from both governments and industry stakeholders to fully realize the market's potential in these regions.

SEGMENTATION ANALYSIS OF THE FOOD PROCESSING AND HANDLING EQUIPMENT MARKET

The food processing and handling equipment market is segmented based on equipment type and application, each playing a pivotal role in meeting the diverse needs of the food and beverage industry.

By Type

• Food Processing Equipment: Food processing equipment is integral to transforming raw ingredients into consumable food products through various operations such as cutting, grinding, mixing, and cooking. This segment dominates the market, accounting for approximately 68% of the global share in 2024. The prominence of this segment is attributed to technological advancements that enhance efficiency, productivity, and product quality. The integration of automation, robotics, IoT technologies, artificial intelligence, and data analytics has become increasingly prevalent, enabling manufacturers to streamline operations and optimize production processes.

• Food Packaging Equipment: Food packaging equipment is essential for preserving food quality, extending shelf life, and ensuring safe transportation. This segment is projected to experience a growth rate of approximately 7% during the forecast period from 2024 to 2029. The accelerated growth is primarily driven by the increasing demand for automated and efficient packaging solutions across the food and beverage industry. Technological advancements, including the integration of smart technologies, improved hygiene standards, and enhanced flexibility in handling various packaging materials and formats, further support this segment's expansion.

• Food Service Equipment: Food service equipment encompasses tools and machinery used in commercial kitchens, hotels, and restaurants, such as cooking appliances, refrigeration units, and storage solutions. This segment is projected to have a remarkable market share owing to the growing demand for refrigerators and ovens. The equipment used in the food service industry is generating revenues from sales, post-purchase service, and equipment replacement.

By Application

• Solid Food: Solid food applications involve processing equipment for items like meat, fruits, vegetables, and cheese. This segment holds the largest share in the market as of 2020 and is projected to grow at the fastest rate during the forecast period of 2021 to 2026. The growth is driven by increasing urbanization and demand for ready-to-cook bakery items.

• Liquid Food: Liquid food applications include processing equipment for products such as packaged drinking water, oil, sugar syrups, and puddings. The demand for liquid food processing equipment is rising due to the increasing consumption of beverages and the need for efficient processing solutions to maintain product quality and safety.

• Semi-Solid Food: Semi-solid food applications cover products like yogurt, salad dressings, butter spreads, and sauces. This segment requires specialized equipment to handle the unique viscosity and consistency of semi-solid foods, ensuring proper mixing, filling, and packaging processes. The growing popularity of products like yogurt and sauces has led to increased demand for equipment tailored to semi-solid food processing.

REGIONAL INSIGHTS OF THE FOOD PROCESSING AND HANDLING EQUIPMENT MARKET

The food processing and handling equipment market exhibits significant variations across different regions, influenced by factors such as industrialization, consumer preferences, technological advancements, and regulatory frameworks.

North America

North America maintains a dominant position in the global food processing and handling equipment market, holding an estimated 38.7% share in 2024. This prominence is attributed to the presence of major food and beverage companies and robust demand from sectors like dairy, meat, bakery, and snacks. Governments in the U.S. and Canada have implemented initiatives to modernize food processing infrastructure through incentives and subsidies, fostering the adoption of new technologies and equipment upgrades. Major equipment suppliers in the region have invested heavily in research and development facilities and production capabilities, enabling them to cater to the specific needs of their clients. The customization abilities of these suppliers have led to securing large contracts from leading food brands.

Europe

Europe is anticipated to witness significant growth in the food processing and handling equipment market due to increasing investments in expanding production facilities across the region. Germany holds a prominent position, with the U.K. and France following the growth trend, owing to the availability of advanced machine manufacturing facilities. The region's focus on sustainability has led food producers to invest in energy-efficient and eco-friendly processing equipment to comply with regulatory standards and address consumer demand for greener practices. The growing popularity of processed foods and continuous innovations in food production further bolster Europe’s position as a key player in the global market.

Asia-Pacific

The Asia-Pacific region is projected to show dynamic growth in the global food processing and handling equipment market. Rising disposable incomes and shifting consumer preferences toward convenience foods and instantly processed foods are major factors influencing industry growth in this region. China, being the most populous country globally, stands as the number one importer of agricultural products and is a significant contributor to the food and beverages industry. In 2019, China's imports of agricultural products were pegged at USD 133.1 billion. The rapidly developing food products manufacturing industry across India and China further enhances the market share.

Middle East & Africa

The Middle East and Africa region is expected to experience substantial growth in the food processing and handling equipment market. Robust infrastructure development, substantial private and public sector investments, and decreased regional tariffs are critical factors propelling the market in this region. For instance, the food processing sector of the UAE witnessed the participation of 568 players, primarily small and medium-sized entities, capable of satisfying the regional requirements and increasing exports in cross-border trade. These developments are spurring the regional market, indicating a positive outlook for the food processing and handling equipment industry in the Middle East and Africa.

LIST OF KEY FOOD PROCESSING AND HANDLING EQUIPMENT MARKET COMPANIES PROFILED

• GEA Group
• Bühler Group
• Alfa Laval AB
• JBT Corporation
• SPX FLOW, Inc.
• Robert Bosch GmbH
• IMA Group
• The Middleby Corporation
• Dover Corporation
• Tetra Laval
• Multivac
• Welbilt, Inc.
• Electrolux

Top Companies by Market Share:

• Bühler Group: Holds a significant market share, with an estimated 15% of the global food processing and handling equipment market.

• Tetra Pak: Commands approximately 12% of the global market share in the food processing and handling equipment sector.

INVESTMENT ANALYSIS AND OPPORTUNITIES

The food processing and handling equipment market is experiencing substantial investment activities, driven by the escalating demand for processed foods, technological advancements, and the need for efficient food safety measures. Investments are flowing into automation, robotics, and IoT-enabled equipment to enhance operational efficiency and product quality. For instance, companies like GEA Group and Alfa Laval are focusing on developing energy-efficient and sustainable equipment to meet the growing consumer demand for eco-friendly food processing solutions.

Emerging markets, particularly in the Asia-Pacific region, present lucrative investment opportunities due to rapid urbanization, changing dietary habits, and increasing disposable incomes. Countries like China and India are witnessing a surge in demand for processed and convenience foods, prompting local and international players to invest in expanding their production capacities and upgrading their equipment. Additionally, government initiatives aimed at boosting the food processing sector, such as subsidies and favorable policies, are attracting further investments.

NEW PRODUCT DEVELOPMENTS

The food processing and handling equipment market is witnessing a wave of new product developments aimed at enhancing efficiency, safety, and sustainability. Manufacturers are introducing innovative solutions to meet the evolving needs of the food industry.

For instance, in November 2023, Bühler Group launched the SPARK Pro, an advanced optical sorter designed to provide food safety solutions for small and medium businesses. This equipment addresses challenges such as expensive raw materials and unpredictable weather conditions, ensuring high-quality output.

In March 2024, GEA Group introduced the GEA InsightPartner, a cloud-based web application showcased at the Anuga FoodTec trade show in Cologne, Germany. This application aims to maximize machine availability, minimize downtime, prevent unplanned shutdowns, and manage resources efficiently, thereby reducing the total cost of ownership for plant equipment.

Alfa Laval AB, focusing on sustainability, launched the Free Rotating Retractor in January 2024. This retractable cleaning device ensures complete cleaning, improves product safety, and promotes uptime and productivity in hygienic processing settings. The device prepares hygienic vessels for production quickly and economically, ensuring all interior surfaces are spotlessly clean.

RECENT DEVELOPMENTS BY MANUFACTURERS IN FOOD PROCESSING AND HANDLING EQUIPMENT MARKET

• Chipotle's Automation Initiatives (September 2024): Chipotle introduced automated technology in two California locations, including an avocado-processing robot called "autocado" and an automated bowl-and-salad maker. These technologies are designed to enhance efficiency and support restaurant employees.

• Marel and JBT Corporation Agreement (April 2024): Marel HF and JBT Corporation executed a definitive transaction agreement for a voluntary takeover offer of all issued and outstanding shares of Marel, indicating a strategic move to consolidate their positions in the market.

• Middleby Corporation's Partnership with Davisware (2023): The Middleby Corporation partnered with Davisware, a cloud-based software provider, to address challenges in the fragmented ecosystem involving manufacturers, service agents, and distributors in the food service industry.

• Bühler Group's Launch of SPARK Pro (November 2023): Bühler Group launched the SPARK Pro, an advanced optical sorter aimed at providing food safety solutions for small and medium businesses, addressing challenges such as expensive raw materials and unpredictable weather conditions.

• GEA Group's Introduction of GEA InsightPartner (March 2024): GEA Group introduced the GEA InsightPartner, a cloud-based web application designed to maximize machine availability, minimize downtime, and manage resources efficiently, thereby reducing the total cost of ownership for plant equipment.

REPORT COVERAGE OF FOOD PROCESSING AND HANDLING EQUIPMENT MARKET

The report on the food processing and handling equipment market provides a comprehensive analysis of various aspects influencing the industry. It covers market dynamics, including drivers, restraints, opportunities, and challenges, offering insights into factors propelling or hindering market growth.