Global Food and Beverage Processing Equipment Market Growth (Status and Outlook) 2023-2029

Global Food and Beverage Processing Equipment Market Growth (Status and Outlook) 2023-2029

Product Code:464262

Published Date: Feb 08,2023

Pages: 123

Region: Global

Category: Machinery & Equipment

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The equipment in food and beverage processing refers to processing machines, components, systems used to cook, handle, package, prepare or store food and food products. Although this equipment is primarily aimed towards consumability, preservation, palatability, few pieces of equipment also perform auxiliary or main functions such as preparation, handling and packaging. To execute the various unit operations necessary during a complete production cycle, such as separating, baking, mixing, freezing, washing and sealing, a wide range of food processing equipment are available. These equipments are employed to produce food and food product applications such as bakery goods to beverages and dairy.  The food processing equipments can be designed and constructed to handle solid, semi-solid and liquid products, in a batch-wise or continuously, depending on the demands of the operation.

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$ 71740 million in 2022 to US$ 110530 million in 2029; it is expected to grow at a CAGR of 6.4% from 2023 to 2029.

Global key players of Food and Beverage Processing Equipment include GEA Group, Bühler AG, Ali Group, JBT Corporation,  Alfa Laval, etc. Global top five manufacturers hold a share nearly 15%. Asia-Pacific is the largest market of Food and Beverage Processing Equipment, with a share over 40%, followed by Europe. 
This report presents a comprehensive overview, market shares, and growth opportunities of Food and Beverage Processing Equipment market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Finished Product Processing Equipment
    Raw Material Pretreatment Equipment

Segmentation by application
    Food
    Beverage

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.
    GEA Group
    Bühler AG
    Ali Group
    JBT Corporation
    Alfa Laval
    Marel
    Krones
    Spx Flow
    Tetra Pak
    Satake Corporation
    Middleby
    Heat and Control
    Rheon Automatic Machinery
    Baader Group
    Bucher Industries
    Haarslev Industries
    Lehui
    KHS
    Sinmag Group
    Nichimo
    Mueller