Food Processing & Handling Equipment Market
Global Food Processing & Handling Equipment Market Size, Share & Trends Analysis Report by Type (Food Processing Equipment, Food Service Equipment, and Food Packaging Equipment), and by Applications (Bakery & Confectionery, Meat & Poultry, Fish & Seafood, Dairy Products, Beverages, and Others) Forecast Period (2021-2027) Update Available - Forecast 2024-2030
The global food processing & handling equipment market is anticipated to grow at a significant CAGR of around 6.1% during the forecast period. Shift in focus towards convenience food is the primary factor driving the food processing and handling equipment market. Convenience food is anticipated to have vigorous growth in near future due to increasing dual-income huseholds and busy schedule of working population which force them to opt for ready-to-eat food and beverages options. The demand for convenience food will result in increased demand for food processing equipments as various equipments are used in convenience food for its preparation and packaging. Apart from these, the integration of IoT and AI in food processing and handling equipment to cut down high cost and food wastage, reduce labor cost, and to improve efficiency will depict numerious growth opportunities to the market.
Impact of COVID-19 Pandemic on Global Food Processing & Handling Equipment Market
The food processing and handling equipment manufacturing industry was negatively impacted by COVID-19 as it closed the production and operations due to lockdown and mobility restrictions imposed by the government in major economies. Disruption in raw material supply chain and shutdown of restaurents and food outlets globally lead to the declination in market growth. Post OCVID-19, with supportive government regulation to promote hygiene and safety in food processing industry, the market is projected to regain its momentum back. during the pandemic period.
Segmental Outlook
The global food processing & handling equipment market is segmented based on the type and applications. Based on the type, the market is segmented into food processing equipment, food service equipment, and food packaging equipment. Based on the applications, the market is sub-segmented into the bakery & confectionery, meat & poultry, fish & seafood, dairy products, beverages, and others (fruits & vegetables, ready to eat meals, sauces). Out of types segment the food processing equipment is anticipated to grow steadily in future due to growing demand across food and beverage industry.
Global Food Processing & Handling Equipment Market Share by Type, 2020 (%)
The Food Processing Equipment Holds the Major Share in the Global Food Processing & Handling Equipment Market
The food processing and handling equipment market is anticipated to grow due to advancemnets in food processing Industry, innovation in processing technology, and increase in demand for processed food. Further its growth will be supported by the increase in food manufacturing capacity and growth of food processing industry in developing economies. Manufacturers are likely to approve new equipments to meet the demand for healthy food and beverages as its demand is growing. For instance, in February 2021, Kanchan Metals introduced various number of conveyer belts for food industry. Considering the rise in demand, Kanchan Metals launched these machines under four categories including snack food application conveyor, frozen food application conveyor, bakery and confectionery conveyor and packing section conveyors. The design of the conveyor has a modular construction which provides hygiene and safety during the conveying process.
Regional Outlooks
The global Food Processing & Handling Equipment market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement.
Global Food Processing & Handling Equipment Market Growth, by Region 2021-2027
The Asia-Pacific Region Holds the Significant Share in the Global Food Processing & Handling Equipment Market
Asia-Pacific region is anticipated to hold a prominent share in food processing and handling equipment market due to growth in demand for processed food. Product development and technical advancement in the region have resulted in increased demand for quality standards with increased focus on food safety and nutritions. For instance, in December 2021, Kiremko, a food processing equipment manufacturing company had an eye to invest 25 million euros in Gujarat. The company is supplier of food processing equipment to manufacturers of frozen potato-based products in Gujarat.
Market Players Outlook
The major companies serving the global Food Processing & Handling Equipment market include ALFA LAVAL, Ali Group S.r.l., BSH Home Appliances Ltd., Dover Corp., Electrolux Professional, GEA Group, Hoshizaki America, Inc., IMA Group, JBT, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, In November 2021, JBT Corporation acquired Urtasun Technologia Alimentaria S.L., which provides food and vegetable processing solutions. The purpose behind this acquisition was to expand product offering in food and vegetable processing specifically in fresh packaged and frozen food markets.
The Report Covers
• Market value data analysis of 2020 and forecast to 2027.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global food processing & handling equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global FOOD PROCESSING & HANDLING EQUIPMENT Market
• Recovery Scenario of Global FOOD PROCESSING & HANDLING EQUIPMENT Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. ALFA LAVAL
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. GEA Group
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. JBT Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Kanchan Metals Pvt Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. The Middleby Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Food Processing & Handling Equipment Market by Type
4.1.1. Food Processing Equipment
4.1.2. Food Service Equipment
4.1.3. Food Packaging Equipment
4.2. Global Food Processing & Handling Equipment Market by Applications
4.2.1. Bakery & Confectionery
4.2.2. Meat & Poultry
4.2.3. Fish & Seafood
4.2.4. Dairy Products
4.2.5. Beverages
4.2.6. Others (Fruits & Vegetables, Ready to Eat Meals, Sauces)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Align Industry
6.2. Ali Group S.r.l.
6.3. BSH Hausgeräte GmbH
6.4. Bucher Industries AG
6.5. Dairy Tech India.
6.6. Dover Corp.
6.7. Electrolux Professional
6.8. Global Bakery Solutions
6.9. Hoshizaki America, Inc.
6.10. IMA Group
6.11. Krones AG
6.12. Marel
6.13. MULTIVAC
6.14. SEALTECH ENGINEERS
6.15. Spheretech Packaging India Pvt Ltd.
6.16. SPX FLOW, Inc.
6.17. Tetra Laval S.A.
6.18. The Middleby Corp.
6.19. Welbilt
1. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
2. GLOBAL FOOD PROCESSING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL FOOD SERVICE EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL FOOD PACKAGING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
5. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
6. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN BAKERY & CONFECTIONERY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN MEAT & POULTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN FISH & SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
9. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN DAIRY PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION
10. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN BEVERAGES IN MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION
11. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION
12. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2020-2027 ($ MILLION)
13. NORTH AMERICAN FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
14. NORTH AMERICAN FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
15. NORTH AMERICAN FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
16. EUROPEAN FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
17. EUROPEAN FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
18. EUROPEAN FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
19. ASIA-PACIFIC FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
20. ASIA-PACIFIC FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
21. ASIA-PACIFIC FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
22. REST OF THE WORLD FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
23. REST OF THE WORLD FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027 ($ MILLION)
24. REST OF THE WORLD FOOD PROCESSING & HANDLING EQUIPMENT MARKET RESEARCH AND ANALYSIS BY APPLICATIONS, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET, 2021-2027 (%)
4. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET SHARE BY TYPE, 2020 VS 2027 (%)
5. GLOBAL FOOD PROCESSING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
6. GLOBAL FOOD SERVICE EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
7. GLOBAL FOOD PACKAGING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
8. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET SHARE BY APPLICATIONS, 2020 VS 2027 (%)
9. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN BAKERY & CONFECTIONERY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
10. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN MEAT & POULTRY MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
11. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT FISH & SEAFOOD MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
12. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT DAIRY PRODUCTS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
13. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT BEVERAGES MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
14. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT IN OTHER APPLICATIONS MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
15. GLOBAL FOOD PROCESSING & HANDLING EQUIPMENT MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
16. US FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
17. CANADA FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
18. UK FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
19. FRANCE FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
20. GERMANY FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
21. ITALY FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
22. SPAIN FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
23. REST OF EUROPE FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
24. INDIA FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
25. CHINA FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
26. JAPAN FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
27. SOUTH KOREA FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
28. REST OF ASIA-PACIFIC FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
29. REST OF THE WORLD FOOD PROCESSING & HANDLING EQUIPMENT MARKET SIZE, 2020-2027 ($ MILLION)
