Food Processing and Handling Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Food Processing and Handling Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Food Processing and Handling Equipment Market

The food processing and handling equipment market size was valued at USD 106.89 billion in 2022, and the market is now projected to grow from USD 112.45 billion in 2023 to USD 163.23 billion by 2030, exhibiting a CAGR of 5.5% during the forecast period of 2023-2030.

The COVID-19 pandemic has highlighted the essential significance of meals protection management in the meals industry, emphasizing the need for stringent personal hygiene and worker education. Governments have responded by using promoting hygienic design and engineering through various academic and regulatory measures. Food Safety Management Systems (FSMS) have strengthened ideas based totally on Hazard Analysis and Critical Control Point (HACCP) to ensure compliance with food protection regulations. This heightened attention objectives to mitigate risks and make certain safe meals supply chain.

Manufacturers are integrating advanced automation, AI, and IoT technology of their facilities to decorate meals protection and supply chain performance. These efforts include product tracking, far flung preservation, and self-diagnosis to boost operational performance and food processing. Compliance with Industry four. Zero requirements enables seamless implementation of these technology, fortifying marketplace developments.

Increased R&D investments in food processing technologies are fueling market increase, with a focus on integrating IoT and AI into device. Lucrative opportunities get up from the adoption of these technology in meals processing and packaging. The Asia Pacific place sees good sized funding from both home and foreign corporations because of high product demand, in addition helping market expansion.

Comprehensive Analysis of Food Processing and Handling Equipment Market

The food processing and handling equipment market growth is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the industry. These segmentations are methodically segregated By Equipment Analysis and By Application Analysis. By Equipment Analysis include processing equipment, packaging equipment, service equipment. By Application Analysis include bakery and confectionery products, meat and poultry products, dairy products, beverages.

The Asia Pacific region lead the food processing and handling equipment market share by benefitting a market size of USD 31.79 billion in 2022 due to the rising disposable income and Transferring patron choice towards convenience food & immediately processed food are the major factors influencing the enterprise increase in APAC.

The top gamers inside the market play a critical role in the industry assuring market boom and placing marketplace standards. These players include Buhler Ag, JBT, I.M.A. INDUSTRIA MACCHINE AUTOMATICHE S.p.A., Tetra Pak International S.A. (Tetra Laval), The Middleby Corporation, Welbilt, Krones AG, GEA Group Aktiengesellschaft, ALFA LAVAL, Dover Corporation these market players provide a level-playing competitive landscape.

In July 2022, QSR's establishment of a manufacturing facility in Canada aims to boost retail market reach and enhance supply management, potentially driving sales of food processing, servicing, and packaging equipment worldwide.

Segmentation Table

Attribute Details

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 4.5% from 2023 to 2030

Unit Value (USD Billion)

Segmentation By Type

Stick Electrodes

Solid Wires

Flux-cored Wires

SAW Wires & Fluxes

By Welding Technique

Arc Welding

Resistance Welding

Oxy-fuel Welding

Solid State Welding

Others (Electron Beam Welding)

By Application

Automotive

Building & Construction

Heavy Engineering

Railway & Shipbuilding

Oil & Gas

Others (Aerospace)

By Region

North America (By Type, By Welding Technique, By Application, and By Country)

U.S. (By Type)

Canada (By Type)

Europe (By Type, By Welding Technique, By Application, and By Country)

U.K. (By Type)

Germany (By Type)

France (By Type)

Italy (By Type)

Spain (By Type)

Rest of Europe

Asia Pacific (By Type, By Welding Technique, By Application, and By Country)

China (By Type)

Japan (By Type)

India (By Type)

Southeast Asia (By Type)

Rest of Asia Pacific

Middle East and Africa (By Type, By Welding Technique, By Application, and By Country)

GCC Countries (By Type)

South Africa (By Type)

Rest of Middle East and Africa

Latin America (By Type, By Welding Technique, By Application, and By Country)

Brazil (By Type)

Mexico (By Type)

Rest of Latin America


Please Note: It will take 5-6 business days to complete the report upon order confirmation.