Global Hot Food Processing Equipment Market Size Study & Forecast, by Type (Baking Equipment, Evaporation Equipment, Pasteurization Equipment, Dehydration Equipment, Others), by Mode of Operation (Automatic, Semi-automatic, Manual), by End User (Food Proc

Global Hot Food Processing Equipment Market Size Study & Forecast, by Type (Baking Equipment, Evaporation Equipment, Pasteurization Equipment, Dehydration Equipment, Others), by Mode of Operation (Automatic, Semi-automatic, Manual), by End User (Food Processing Industries, Food Service Industry, Household) and Regional Analysis, 2023-2030

Global Hot Food Processing Equipment Market is valued at approximately USD 21.13 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2023-2030. Hot food processing equipment refers to a range of machinery and devices specifically designed for the processing, cooking, heating, and preparation of hot food products. This equipment is commonly used in commercial kitchens, food processing facilities, and other foodservice establishments to perform various thermal processes such as baking, grilling, frying, steaming, and boiling. Hot food processing equipment includes appliances such as ovens, stoves, griddles, deep fryers, steamers, and other specialized equipment that contribute to the efficient and safe production of hot food items. The Hot Food Processing Equipment Market is expanding because of factors such as increasing consumer disposable income and rising demand for fast food and packaged food. Additionally, the market growth is expected to be supported by rising disposable incomes and a growing younger population with higher spending power. This demographic trend is likely to drive the market for processed foods, contributing to the overall expansion of the Hot Food Processing Equipment Market.

The increasing food consumption and growth of the food processing industry due to rising population are driving the demand for hot food processing equipment in the market. As per a World Economic Forum report, the anticipated global population of 9.7 billion by 2050 is expected to drive a 70% increase in the demand for food compared to present consumption levels. Moreover, the industry has a favorable growth opportunity due to the increasing preference for healthy meals and the rise of veganism among the younger population. This trend presents a promising opportunity for the industry to expand its offerings and cater to the evolving dietary preferences of consumers. However, high initial investment costs and the need for skilled labor to operate and maintain the equipment stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Hot Food Processing Equipment Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing to the expanding middle-class population and their rising disposable incomes, the growing preference for processed food products among millennials, increasing health consciousness, and the growing interest of foreign investors in the region. these factors are expected to create a conducive environment for the industry's growth in the Asia Pacific region. Europe is expected to grow significantly over the forecast period, the market expansion in the region is supported by various attractive marketing strategies, promotional activities, and related operations. The hot food processing equipment Market has witnessed growth driven by increasing health consciousness, evolving dietary trends, and changing customer preferences for food and beverages in Europe.

Major market player included in this report are:
GEA Group Aktiengesellschaft
Bühler Holding AG
Marel
The Middle by Corporation
Heat & Control, Inc
Tetra Laval International S.A
TNA Australia Pty Limited
Marlen International
Paul Mueller Company
NICHIMO CO., LTD

Recent Developments in the Market:
 In January 2022, Alfa Laval has formed a strategic partnership with Ben Link, a subsidiary of Bühler AG. This collaboration provides Alfa Laval with access to the Ben Link digital crowd platform, which encompasses a network of 4,000 highly skilled field technicians situated in Europe, the United Kingdom, the United States, and India.
 In February 2022, Marel successfully completed the acquisition of Curio, obtaining 100% ownership. This strategic deal is set to reinforce Marel's commitment to becoming the preferred comprehensive solution provider for food processors seeking advanced technology solutions, software, and services.

Global Hot Food Processing Equipment Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Mode of Operation, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Baking Equipment
Evaporation Equipment
Pasteurization Equipment
Dehydration Equipment
Roasting & Grilling Equipment
Frying Equipment
Sterilization Equipment
Blanching Equipment
Others

By Mode of Operation:
Automatic
Semi-automatic
Manual

By End User:
Food Processing Industries
Food Service Industry
Household

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
GEA Group Aktiengesellschaft
Bühler Holding AG
Marel
The Middle by Corporation
Heat & Control, Inc
Tetra Laval International S.A
TNA Australia Pty Limited
Marlen International
Paul Mueller Company
NICHIMO CO., LTD

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.