plant-based food processing equipment market is projected to reach $7.79 billion by 2030

" Plant-based Food Processing Equipment Market by Type (Dryers, Mixers & Grinders, Pasteurizers); by Mode of Operation (Semi-automatic, Automatic); by Production Facility Size (Small & Medium Scale, Large Scale); and Geography - Global Forecasts to 2030", the global plant-based food processing equipment market is projected to reach $7.79 billion by 2030 at a CAGR of 5.2% from 2023 to 2030.

Consumers' growing inclination toward healthy, clean, sustainable, and cruelty-free products and the rising need for sustainable food systems are driving the plant-based foods market globally. The recent trend of healthy snacking also supports the demand for plant-based foods. With the growing demand for plant-based food options, manufacturers are implementing new technologies for food production. Thus, the increasing demand for plant-based foods drives the growth of the plant-based food processing equipment market. The increasing demand for plant-based foods, innovations in plant-based food processing equipment, and increasing investments in the plant-based food processing industry also drive the demand for plant-based food processing equipment. However, the high cost of food processing equipment restrains the growth of this market.

Download Free PDF Sample Copy of the Report: https://www.meticulousresearch.com/download-sample-report/cp_id=5493

Advancements in Plant-based Food Processing Technologies
Manufacturers of plant-based foods are increasingly adopting automated equipment and advanced technologies to sustainably produce plant-based substitutes for meat products. Automated equipment improves manufacturing efficiency, preserves the nutritional content of food products without compromising their taste and texture and reduces product processing time. It also ensures safe handling and hygienic production.

Plant-based meat products require extensive processing to impart a texture and mouthfeel similar to traditional meat. The equipment required for the processing of plant-based meat is specially designed. 3D printing technology is also gaining traction in the processing of plant-based meat. 3D printing technology can replicate the complex muscle structures of animal meat. It is mostly used to replicate the texture of beef steak. Advanced technologies such as 3D printing in processing plant-based foods have also fueled the development of Artificial Intelligence (AI) & Machine Learning (ML) platforms that can help plant-based food manufacturers identify ingredients that can impart textures similar to animal meat and seafood. Such advancements in plant-based food processing technologies are expected to create market growth opportunities.

Based on type, the global plant-based food processing equipment market is segmented into dryers, mixers & grinders, extruders, pasteurizers, ovens, formers, homogenizers, and other plant-based food processing equipment. In 2023, the dryers segment is expected to account for the largest share of the global plant-based food processing equipment market. The large share of this segment is mainly attributed to benefits offered by dryers, such as improved hygiene & quality of final products. In addition, the growing need for advanced equipment to replace traditional drying techniques is expected to drive the growth of this segment. However, the mixers & grinders segment is expected to register the highest CAGR during the forecast period. The fastest growth of this segment is attributed to the benefits offered by mixers and grinders, including low maintenance costs, increased productivity, uniform mixing and grinding, and improved process hygiene.

Based on mode of operation, the global plant-based food processing equipment market is segmented into semi-automatic and automatic. In 2023, the semi-automatic segment is expected to account for the larger share of the global plant-based food processing equipment market. The large market share of this segment is attributed to the benefits of semi-automatic food processing equipment, such as ease of installation, flexibility in production processes, lower investment costs compared to fully-automated processing equipment, and technical & economic feasibility. However, the automatic segment is expected to register a higher CAGR during the forecast period. The growth of this segment is attributed to the growing need to increase productivity, the rising demand for highly efficient systems, and the increasing focus on reducing labor costs.

Request For Customization: https://www.meticulousresearch.com/request-customization/cp_id=5493

Based on production facility size, the global plant-based food processing equipment market is segmented into small & medium-scale production facilities and large-scale production facilities. In 2023, the small & medium-scale production facilities segment is expected to account for the larger share of the global plant-based food processing equipment market and register the highest CAGR during the forecast period. The large market share of this segment is attributed to increased government support for developing small-scale processing enterprises and the increasing number of SMEs offering plant-based food products. In addition, the benefits offered by plant-based food processing equipment, such as increased productivity, reduced labor costs, and high profitability, drive their adoption in small & medium-scale production facilities.

Based on geography, the global plant-based food processing equipment market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the global plant-based food processing equipment market. North America's major market share is attributed to the presence of major plant-based food manufacturers, the increasing number of plant-based food SMEs, the growing adoption of vegan food products, and rising R&D investments in plant-based food processing equipment. In addition, technological advancements and the growing need for automation in processing equipment are expected to drive the demand for plant-based food processing equipment in the region.

However, the plant-based food processing equipment market in Asia-Pacific is slated to register the highest CAGR during the forecast period. The rapid growth of this region is attributed to the increasing government support for small and medium-scale enterprises, technological advancements in the food industry, and the increasing expansion initiatives by major market players.

You can Buy Report from Here: https://www.meticulousresearch.com/Checkout/42175946

The key players operating in the plant-based food processing equipment market are Alfa Laval AB (Sweden), amixon GmbH (Germany), ANDRITZ AG (Austria), Bühler Group (Switzerland), Coperion GmbH (Germany), Clextral SAS (France), Duravant LLC (U.S.), Flottweg SE (Germany), GEA Group Aktiengesellschaft (Germany), Marel hf. (Iceland), SPX FLOW, Inc. (U.S.), and Tetra Pak (Switzerland).

Scope of the Report:
Plant-based Food Processing Equipment Market, by Type
• Dryers
• Mixers & Grinders
• Pasteurizers
• Extruders
• Homogenizers
• Ovens
• Formers
• Other Plant-based Food Processing Equipment
Plant-based Food Processing Equipment Market, by Mode of Operation
• Semi-automatic
• Automatic
Plant-based Food Processing Equipment Market, by Production Facility Size
• Small & Medium Scale Production Facilities
• Large Scale Production Facilities
Plant-based Food Processing Equipment Market, by Region
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o U.K.
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
• The Middle East & Africa

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/plant-based-food-processing-equipment-market-5493

About Us
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

Address
Office No-202, 203,204,205,206
2nd Floor, Pushpak Business Hub,
Wakad, Pimpri-Chinchwad,
411057, India.

This release was published on openPR.