COVID-19 Get an extensive COVID-19 analysis on the Food And Beverage Processing Equipment Market Request Free Sample

Market Summary

The global Food & Beverages Processing Equipment market was valued at USD 54.9 Billion in 2018 and is expected to reach USD 88.6 Billion by year 2026, at a CAGR of 6.2%. The Global Food & Beverages industry is expected for huge growth considering the demand from large population for food & beverages around the world. The Food & Beverages Equipment are involved right form food preparation till the packaging of the food. Therefore large portion of food & beverages processing depend upon the equipment’s used.

Click here to enlarge

The Demand for food & beverages processing is largely driven by the increasing processed food consumption across the globe. With the changing eating habits or preferences of the people due to change in lifestyle the people depend largely processed food & beverages. The large demand for food in the past decade is projected for further increase with rapid urbanization. Most of the people are migrating from village to city due to many reason and one of the reasons is industrialization. Also, large portion have joined the workforce and the people have less time availability for food preparation which is another driving factor for the food & beverages industry.

The Food & Beverage sector is also no exception to the technological advancements. Large number of industries are pursuing the latest technology equipped equipment’s which helps to ensure great productivity as well as to the most important thing for the company is to meet the demand of the target customer. The New technology such as Industry 4.0, IoT(Internet of Things) are also impacting the food & beverages industry. The Trend of ordering food online has increased in past decade due to reasons such as, convenience and ease. All these factors are contributing to the increase of demand for food and beverages which is in turn resulting in an increased demand for food & beverages processing equipment market.

The report is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa on the basis of region. Amongst all the regions, Asia Pacific region is forecasted to grow the fastest over the forecasted period on account of factors like presence of huge food processing sectors in countries like China, India, Australia, and New Zealand. The processing sector is one of the vital sectors in these countries and hence these countries are focusing majorly on enhancing their technologies to improve the Food & Beverage processing equipment.

Key Coverage of the Report

Region and country-wise assessment from the period 2016-2026. For the study, 2016-2017 has been utilized as historical data, 2018 as the base year, and 2019-2026, has been derived as forecasts

Regional Competitors clinical pipeline analysis

Demand and Supply GAP Analysis

Market share analysis of the key industry players

Strategic recommendations for the new entrants

Market forecasts for a minimum of 6 years of all the mentioned segments, and the regional markets

Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, and recommendations)

Strategic recommendations in key business segments based on the market estimations

Competitive landscaping mapping the key common trends

Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Food & Beverages Processing Equipment Market

Marel one of the leading Food processing company introduced new SensorX Magna the new high capacity equipment which provides high quality end use products, advanced reject mechanism, minimal waste and working in accordance with the safety standards.

The Sales of Industrial Robots in the food & beverages processing industry are growing.

The New Radar level measurement technique allows the inventory control in the processing of food & beverages.

Manual segment accounted for the largest share of the market

The Introduction of IoT(Internet of things), Industry 4.0 technologies in the Food & Beverages Processing industry are upcoming trends.

JBT corporation acquires Proseal UK ltd., a provider of tray sealing technology and prime equipment group, Inc. a manufacturer of turnkey primary and water re-use solutions to the poultry industry.

Microsoft’s annual Ignite Conference hosts the launch of Buhler Insights, one of the first secure, high performing and reliable cloud-based frameworks for digital services in the food and feed processing industry.

Companies considered and profiled in this market study

Marel HF, Alfa Laval, JBT Corporate, GEA Group, Par-way Tryson, Krones AG, Buhler AG, SPX Flow Inc., Middleby Corporation, Tetra Pak

Market-O-Nomics

As of 2018, Solid form is the leading food or beverage form segment of the global Food & Beverages Processing Equipment However, Liquid form segment is expected to register highest CAGR among Food or Beverages Form

Poultry, Meat & Seafood application segment was valued at 8.8 billion in 2018 and is expected to grow at the rate of 6.4%. Increasing demand for Non-veg food is the primary factor contributing to the market growth of this product segment

The Manual Equipment operation type segment is expected to reach USD 38.63 billion by year 2026, growing at a CAGR of 6.2% during the forecast period

The Across the factory processing type segment is expected to register a CAGR of 6.3% during 2019-2026.

The Other food or beverage form segment involves the food or beverage type in colloidal or semi solid form which is expected to register CAGR of 5.7%.

The Other Equipment Operation type segment involves the customized machines or specialized machines ordered specifically by companies was valued at USD 9.3 Billion in 2018 and expected to reach USD 14.72 Billion by 2026

Asia-Pacific regional segment of the Food & Beverages Processing Equipment market is expected to remain highest growing segment during 2019-2026, at a CAGR of 6.4%; owing it to the untapped market potential offered in developing nations such as China & India

Segments covered in the report

This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026. For the purpose of this report, Reports and Data has segmented the Food & Beverage Processing Equipment market on the basis of form, application, equipment operation type, processing type, and region:

Food or Beverage Form (Revenue, USD Billion; 2016–2026)

Solid

Liquid

Others

Application (Revenue, USD Billion; 2016–2026)

Bakery & Confectionary

Dairy & Dairy Alternatives

Fruits, Nuts & Vegetables

Alcoholic drinks

Non-Alcoholic Drinks

Poultry, Meat & Seafood

Ready Meals

Others

Equipment Operation Type (Revenue, USD Billion; 2016–2026)

Automatic

Manual

Other

Processing Type (Revenue, USD Billion; 2016–2026)

Primary Processing

Secondary Processing

Further Processing

Across the Factory

Regional Outlook (Revenue in USD Billion; 2016–2026)

North America U.S. Canada

Europe Germany France UK Spain Italy Rest of the Europe

Asia Pacific China India Japan Rest of Asia-Pacific

Middle East & Africa

Latin America Brazil

