Food and Beverages Processing Equipment Market Size, Growth and Industry Statistics 2023-2028

As per the latest report by IMARC Group, titled "Food and Beverages Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", 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$ 58.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 79.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.26% during 2023-2028.

What are food and beverages processing equipment?

Food and beverage processing equipment refers to a wide range of machinery and tools that are designed to automate and streamline various processes involved in food and beverage production. Food and beverage processing equipment consist of hygienic design, automation, and safety features to maintain high levels of hygiene, withstand rigorous environments, and accommodate various production needs. Food and beverage processing equipment operates through various mechanisms, such as mixing ingredients using rotating blades or agitators, or applying heat for cooking or baking. These equipment are primarily used in the manufacturing, processing, and packaging of food and beverages for ensuring efficiency, safety, and quality control.

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What are the growth prospects and trends in the food and beverages processing equipment industry?

The global market is primarily driven by the accelerating demand for processed and packaged food products among the masses. This can be attributed to the growing hectic lifestyles of the consumers leading to an augmented demand for convenience foods, including ready-to-eat meals, packaged snacks, and frozen food products. In line with this, continual technological advancements, such as the development of automated systems, robotics, sensors, and IoT (Internet of Things) integration in the food and beverage industry is providing an impetus to the market. Moreover, the escalating demand for extended shelf life and reduced food waste is resulting in a higher product uptake on the global scale. Furthermore, the implementation of stringent regulations and quality standards to ensure food safety and maintain product integrity by the government bodies of several countries is creating a positive market outlook. Some of the other factors contributing to the market include considerable growth in e-commerce and online food delivery, an enhanced focus on product differentiation and branding, and growing demand for functional and fortified food products.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• 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 (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.