Press release
Food and Beverage Processing Equipment Market Size 2022 : Share and Analysis, Growth Potential, Regional Outlook, In-depth Insights by Top Manufacturers, Dominant Sectors and Forecast 2029
The Global Food and Beverage Processing Equipment Market is forecast to reach above USD 78.2 billion by 2029 by rising at a compound annual growth rate (CAGR) of 3.04% throughout the forecast period from 2020 to 2029Food and Beverage Processing Equipment Market Overview
The rise in global food consumption and the expansion of the food processing sector are the main drivers of this market's expansion. However, it is anticipated that the market's development would be constrained by the high initial investment cost and growing manufacturing costs brought on by rising energy and labour expenses. The development of the market for food & beverage processing equipment is anticipated to be aided by developments in the food processing sector, innovations in processing technology, and a persistent rise in the demand for processed food. Manufacturers are anticipated to implement new machinery to meet the need for healthy functional meals and drinks as consumers' preferences for these items continue to expand. The rise of the food processing sector and the increase of food production capabilities in emerging
The global Food and Beverage Processing Equipment market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In October 2021, Gea launched its new Xtru Twin 140 extruder completing its range of high-capacity output equipment. The Gea Xtru twin extruders offered the flexibility to produce a wide range of products, including cereal-based snack pellets die-cut, 2D, 3D, multilayers, square shape, punched and direct expanded; breakfast cereals; dry pet food; and any other extruded food product. The latest Xtru Twin 140 had a production capacity of over 3 tons of pellets and 10 tons of pet food kibbles an hour.
In 2021 June, SPX FLOW has launched New APV Pilot 4T Homogenizer equipment which would allow customers to test a wide variety of recipes in a single compact unit. This product would help food & beverage producers. APV helped homogenize immiscible liquid into an emulsion.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Food and Beverage Processing Equipment market manufacturers. The revenue created from the sales of Food and Beverage Processing Equipment Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Marel, GEA Group, Bühler, JBT, The Middleby Corporation, Heat and Control, Inc., Alfa Laval, TNA Pvt Ltd., Bucher Industries, Equipamientos Cárnicos, S.L, Clextral, SPX FLOW, Bigtem Makine, FENCO Food Machinery, Krones Group, Finis Food Processing Equipme and Others.
The Food and Beverage Processing Equipment Market has been segmented as below:
Food and Beverage Processing Equipment Market by Type, 2020-2029, (USD Millions, Thousand Units)
Pre-Processing
Sorting & Grading
Cutting, Peeling, Grinding, Slicing, And Washing
Mixing & Blending
Processing
Forming
Extruding
Coating
Drying, Cooling, And Freezing
Thermal
Homogenization
Filtration
Pressing
Food and Beverage Processing Equipment Market by Form, 2020-2029, (USD Millions, Thousand Units)
Solid
Liquid
Semi-Solid
Food and Beverage Processing Equipment Market by Mode of Operation, 2020-2029, (USD Millions, Thousand Units)
Automatic
Semi-Automatic
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Food and Beverage Processing Equipment Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Food and Beverage Processing Equipment market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
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Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Food and Beverage Processing Equipment Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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