Global Food Processing and Handling Equipment Market Report and Forecast 2024-2032

Global Food Processing and Handling Equipment Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global food processing and handling equipment market is projected to grow at a CAGR of 5.2% between 2024 and 2032 reaching a value of approximate USD 205.24 billion by 2032. Aided by the burgeoning demand for processed foods and the need for automation and optimisation in the food industry, the market is expected to grow significantly by 2032.

Food processing and handling equipment refer to the machines and systems employed in the preparation, cooking, seasoning, and packaging of food products. These instruments play a pivotal role in transforming raw agricultural produce into value-added, consumable food items, ensuring both efficiency and hygiene. From mixers, grinders, and slicers to conveyor systems and packaging machines, the array of equipment is vast, catering to various segments of the food industry.

A key factor propelling the global food processing and handling equipment market growth is the increasing consumer inclination towards processed and convenience foods. Urbanisation, hectic lifestyles, and evolving dietary preferences have steered a noticeable shift towards ready-to-eat, frozen, and packaged foods. This trend invariably demands efficient and advanced processing equipment to meet the rising production scales and maintain product quality.

Moreover, technological advancements are revolutionising the way food is processed and handled. The integration of automation, Internet of Things (IoT), and artificial intelligence in processing equipment is optimising operations, reducing labour costs, and enhancing output quality. These innovations have made it feasible to achieve consistent product quality, streamlined processes, and faster production rates, catering to the ever-increasing global food demand.

The beverage industry, with its expansive array of drinks ranging from sodas to functional and fortified drinks, is another segment offering substantial growth opportunities. The need for consistent flavour, texture, and carbonation levels in beverages necessitates the use of precision-oriented processing equipment, further influencing the food processing and handling equipment market outlook.

In the realm of handling, the increasing emphasis on food safety and hygiene has elevated the significance of advanced handling equipment. With global food standards becoming stringent and consumers becoming increasingly conscious of food safety, there's a pressing need for equipment that minimises human contact, reduces contamination risks, and guarantees product integrity from the production line to the retail shelf.

Furthermore, sustainability is emerging as a crucial theme boosting the food processing and handling equipment market demand. With environmental concerns taking centre stage, there's a surge in demand for equipment that is energy-efficient, reduces wastage, and can be integrated into sustainable production processes. This green shift is not just an environmental imperative but also an economic one, as sustainable practices can lead to cost savings in the long run.

Market Segmentation

The market can be divided based on end-product form, equipment type, application, and region.

Market Breakup by End-Product Form

• Solid
• Liquid
• Semi-Solid

Market Breakup by Equipment Type

• Pre-Processing Equipment

o Sorting and Grading

o Cutting, Peeling, Grinding, Slicing, and Washing

o Mixing and Blending

• Primary Processing Equipment

o Forming Equipment

o Extruding Equipment

o Coating Equipment

o Drying, Cooling, and Freezing

o Thermal Equipment

o Homogenizer

o Filters

o Pressing

• Food Service Equipment

o Cooking Equipment

o Storage and Refrigeration Equipment

o Food Preparation Equipment

o Warewashing Equipment

o Serving Equipment

• Food Packaging Equipment

o Form-Fill-Seal

o Filling and Dosing

o Cartoning

o Case Packing

o Wrapping and Bundling

o Labelling and Coding

o Inspecting, Detecting, and Check-Weighing Machines

o Others

Market Breakup by Application

• Bakery and Confectionery Products
• Meat and Poultry Products
• Fish and Seafood Products
• Dairy Products
• Alcoholic Beverages
• Non-Alcoholic Beverages
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global food processing and handling equipment market. Some of the major players explored in the report by Expert Market Research are as follows:

• GEA Group AG
• Bühler Holding AG
• Alfa Laval AB
• JBT Corporation
• SPX Flow Inc.
• Robert Bosch GmbH
• IMA- Industria Macchine Automatiche S.p.A.
• Krones AG
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.