Global Food and Beverage Processing Equipment Market Growth 2023-2029

Global Food and Beverage Processing Equipment Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Food and Beverage Processing Equipment Industry Forecast” looks at past sales and reviews total world Food and Beverage Processing Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Food and Beverage Processing Equipment sales for 2023 through 2029. With Food and Beverage Processing Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Food and Beverage Processing Equipment industry.

This Insight Report provides a comprehensive analysis of the global Food and Beverage Processing Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Food and Beverage Processing Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Food and Beverage Processing Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Food and Beverage Processing Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Food and Beverage Processing Equipment.

The global Food and Beverage Processing Equipment market size is projected to grow from US$ 64750 million in 2022 to US$ 83700 million in 2029; it is expected to grow at a CAGR of 83700 from 2023 to 2029.

Global key players of food and beverage process equipment include GEA Group, Bühler AG, Ali Group, JBT Corporation, Alfa Laval, etc. Global top five manufacturers hold a share over 17%. China is the largest producer of food and beverage process equipment, holds a share over 30%, followed by Europe, North America with a market share of around 28% and 17% respectively. In terms of product, finished product process equipment is the largest segment, with a share over 70%. And in terms of application, the largest application is food with a share over 75%, followed by beverage.

This report presents a comprehensive overview, market shares, and growth opportunities of Food and Beverage Processing Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Blender
Cooler
Heater
Clarifier
Other

Segmentation by application
Bread and Sweets
Meat and Poultry
Dairy Products
Alcohol and Non-alcoholic drinks
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Marel
GEA Group
Bühler
JBT Corporation
Alfa Laval
TNA Australia Solutions
Bucher Industries
Equipamientos Cárnicos, S.L. (Mainca)
Clextral
SPX Flow
Bigtem Makine
Fenco Food Machinery
Krones Group
PHD, Inc

Key Questions Addressed in this Report

What is the 10-year outlook for the global Food and Beverage Processing Equipment market?

What factors are driving Food and Beverage Processing Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Food and Beverage Processing Equipment market opportunities vary by end market size?

How does Food and Beverage Processing Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.