Food and Beverages Processing Equipment Market Estimated to Exceed US$ 75.6 Billion Globally By 2027 | CAGR of 5.37%

As per the latest report by IMARC Group, titled "Food and Beverages Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on food and beverages processing equipment market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global food and beverages processing equipment market size reached US$ 54.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 75.6 Billion by 2027, exhibiting a growth rate (CAGR) of 5.37% during 2022-2027.

Food and beverages processing equipment are used to transform raw ingredients into consumable food products through various chemical and physical means. They comprise different measuring devices, such as timers, thermometers, weighing devices and pressure gauges, to monitor the processing, packaging and labeling of food products. They are widely utilized in the production of dairy, bakery, poultry, seafood and confectionery products. Apart from this, they are also used to automate processes such as heating, blanching, cooking and pasteurization.

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Market Trends:

The emergence of green technologies has encouraged various manufacturers to replace their old equipment with energy-efficient variants which assist in reducing the carbon footprint and overall production cost. Moreover, the manufacturers are investing in research and development activities and introducing advanced technologies to expand their consumer base. For instance, they are including machine learning and Industrial Internet of Things (IIoT) along with offering flexible and customizable equipment. Further, on account of strong economic growth, rapid urbanization and improving standards of living, the demand for food products is increasing worldwide. Some of the other growth inducing factors include changing dietary patterns, growing number of quick-service restaurants (QSRs), and emerging demand for healthy, nutritious and ready-to-eat food products.

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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
• 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

Food and Beverages Processing Equipment Market Segmentation:
Our report has categorized the market based on region, type, end product form and mode of operation.

Breakup by Type:
• Pre-Processing
• Processing

Breakup by End Product Form:
• Solid
• Liquid
• Semi-Solid

Breakup by Mode of Operation:
• Semi-Automatic
• Automatic

Breakup by Application:
• Bakery and Confectionery
• Meat and Poultry
• Dairy Products
• Fish and Seafood
• Alcoholic Beverages
• Non-Alcoholic Beverages
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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