The global food and beverages processing equipment market was worth around US$ 55.7 Billion in 2018. Food and beverage processing equipment use physical and chemical means to transform raw ingredients into prepared food and are used in the production of dairy, bakery, poultry, seafood, beverage and confectionery products. In addition to this, they are employed to monitor processes in packaging and labeling applications and quality management. Apart from this, processing equipment are also being used to automate various processes in the food and beverage industry, such as heating, blanching, cooking, and pasteurization, to decrease the overall production time and increase the efficiency. In recent years, the strict regulations and guidelines governing the food and beverage industry have increased the demand for high-quality processing equipment worldwide.
Global Food and Beverages Processing Equipment Market Drivers:
The arrival of green technologies has encouraged the manufacturers to replace their old food and beverage processing equipment with energy-efficient variants that help in minimizing the overall cost of production and reducing their carbon footprint. The manufacturers are also introducing advanced technologies to improve the existing processing equipment. For instance, they are incorporating machine learning and Industrial Internet of Things (IIoT) as well as offering flexible and customizable equipment. Some of the other factors driving the growth of the global food and beverage processing equipment market include altering dietary preferences, rising number of quick-service restaurants (QSRs), and growing demand for healthy, nutritious and ready-to-eat food products. Looking forward, we expect the global food and beverage processing equipment market to grow at a CAGR of around 7% during 2019-2024, reaching a value of US$ 82.5 Billion by 2024.
Market Summary:
- Based on the type, the market has been segmented as pre-processing and processing equipment.
- Based on the end-product form, the market has been segmented as solid, liquid and semi-solid.
- Based on the mode of operation, the market has been segmented as semi-automatic and automatic.
- Based on the application, the market has been segmented as bakery and confectionery products, meat and poultry, dairy products, fish and seafood, alcoholic beverages, non-alcoholic beverages and others.
- Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
- The competitive landscape of the market has been examined 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 and Krones Group.
Key Questions Answered in This Report:
- How has the global food and beverages processing equipment market performed so far and how will it perform in the coming years?
- What are the key regions in the global food and beverages processing equipment market?
- What is the breakup of the global food and beverages processing equipment market on the basis of type?
- What is the breakup of the global food and beverages processing equipment market on the basis of end product form?
- What is the breakup of the global food and beverages processing equipment market on the basis of mode of operation?
- What is the breakup of the global food and beverages processing equipment market on the basis of application?
- What are the various stages in the value chain of the global food and beverages processing equipment industry?
- What are the key driving factors and challenges in the global food and beverages processing equipment industry?
- What is the structure of the global food and beverages processing equipment industry and who are the key players?
- What is the degree of competition in the global food and beverages processing equipment industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Food and Beverages Processing Equipment Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Type
5.4 Market Breakup by End Product Form
5.5 Market Breakup by Mode of Operation
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.10.4 Manufacturing
5.10.5 Distribution
5.10.6 Export
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
6 Market Breakup by Type
6.1 Pre-Processing
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Processing
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by End Product Form
7.1 Solid
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Liquid
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Semi-Solid
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Mode of Operation
8.1 Semi-Automatic
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Automatic
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Application
9.1 Bakery and Confectionery
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Meat and Poultry
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Dairy Products
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Fish and Seafood
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Alcoholic Beverages
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Non-Alcoholic Beverages
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Marel
11.3.2 GEA Group
11.3.3 Bühler
11.3.4 JBT Corporation
11.3.5 Alfa Laval
11.3.6 TNA Australia Solutions
11.3.7 Bucher Industries
11.3.8 Equipamientos Cárnicos, S.L. (Mainca)
11.3.9 Clextral
11.3.10 SPX Flow
11.3.11 Bigtem Makine
11.3.12 Fenco Food Machinery
11.3.13 Krones Group
List of Figures
Figure 1: Global: Food and Beverages Processing Equipment Market: Major Drivers and Challenges
Figure 2: Global: Food and Beverages Processing Equipment Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Food and Beverages Processing Equipment Market: Breakup by Type (in %), 2018
Figure 4: Global: Food and Beverages Processing Equipment Market: by End Product Form (in %), 2018
Figure 5: Global: Food and Beverages Processing Equipment Market: by Mode of Operation (in %), 2018
Figure 6: Global: Food and Beverages Processing Equipment Market: Breakup by Application (in %), 2018
Figure 7: Global: Food and Beverages Processing Equipment Market: Breakup by Region (in %), 2018
Figure 8: Global: Food and Beverages Processing Equipment Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 9: Global: Food and Beverages Processing Equipment Industry: SWOT Analysis
Figure 10: Global: Food and Beverages Processing Equipment Industry: Value Chain Analysis
Figure 11: Global: Food and Beverages Processing Equipment Industry: Porter’s Five Forces Analysis
Figure 12: Global: Food and Beverages Processing Equipment (Pre-Processing) Market: Sales Value (in Million US$), 2011 & 2018
Figure 13: Global: Food and Beverages Processing Equipment (Pre-Processing) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 14: Global: Food and Beverages Processing Equipment (Processing) Market: Sales Value (in Million US$), 2011 & 2018
Figure 15: Global: Food and Beverages Processing Equipment (Processing) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 16: Global: Food and Beverages Processing Equipment (Solid) Market: Sales Value (in Million US$), 2011 & 2018
Figure 17: Global: Food and Beverages Processing Equipment (Solid) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 18: Global: Food and Beverages Processing Equipment (Liquid) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Food and Beverages Processing Equipment (Liquid) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Food and Beverages Processing Equipment (Semi-Solid) Market: Sales Value (in Million US$), 2011 & 2018
Figure 19: Global: Food and Beverages Processing Equipment (Semi-Solid) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 20: Global: Food and Beverages Processing Equipment (Semi-Automatic) Market: Sales Value (in Million US$), 2011 & 2018
Figure 21: Global: Food and Beverages Processing Equipment (Semi-Automatic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 22: Global: Food and Beverages Processing Equipment (Automatic) Market: Sales Value (in Million US$), 2011 & 2018
Figure 23: Global: Food and Beverages Processing Equipment (Automatic) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 24: Global: Food and Beverages Processing Equipment (Bakery and Confectionery) Market: Sales Value (in Million US$), 2011 & 2018
Figure 25: Global: Food and Beverages Processing Equipment (Bakery and Confectionery) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 26: Global: Food and Beverages Processing Equipment (Meat and Poultry) Market: Sales Value (in Million US$), 2011 & 2018
Figure 27: Global: Food and Beverages Processing Equipment (Meat and Poultry) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 28: Global: Food and Beverages Processing Equipment (Dairy Products) Market: Sales Value (in Million US$), 2011 & 2018
Figure 29: Global: Food and Beverages Processing Equipment (Dairy Products) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 30: Global: Food and Beverages Processing Equipment (Fish and Seafood) Market: Sales Value (in Million US$), 2011 & 2018
Figure 31: Global: Food and Beverages Processing Equipment (Fish and Seafood) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 32: Global: Food and Beverages Processing Equipment (Alcoholic Beverages) Market: Sales Value (in Million US$), 2011 & 2018
Figure 33: Global: Food and Beverages Processing Equipment (Alcoholic Beverages) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 34: Global: Food and Beverages Processing Equipment (Non-Alcoholic Beverages) Market: Sales Value (in Million US$), 2011 & 2018
Figure 35: Global: Food and Beverages Processing Equipment (Non-Alcoholic Beverages) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 36: Global: Food and Beverages Processing Equipment (Other Applications) Market: Sales Value (in Million US$), 2011 & 2018
Figure 37: Global: Food and Beverages Processing Equipment (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 38: North America: Food and Beverages Processing Equipment Market: Sales Value (in Million US$), 2011 & 2018
Figure 39: North America: Food and Beverages Processing Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 40: Europe: Food and Beverages Processing Equipment Market: Sales Value (in Million US$), 2011 & 2018
Figure 41: Europe: Food and Beverages Processing Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 42: Asia Pacific: Food and Beverages Processing Equipment Market: Sales Value (in Million US$), 2011 & 2018
Figure 43: Asia Pacific: Food and Beverages Processing Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 44: Middle East and Africa: Food and Beverages Processing Equipment Market: Sales Value (in Million US$), 2011 & 2018
Figure 45: Middle East and Africa: Food and Beverages Processing Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 46: Latin America: Food and Beverages Processing Equipment Market: Sales Value (in Million US$), 2011 & 2018
Figure 47: Latin America: Food and Beverages Processing Equipment Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Food and Beverages Processing Equipment Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Food and Beverages Processing Equipment Market Forecast: Breakup by Type (in Million US$), 2019-2024
Table 3: Global: Food and Beverages Processing Equipment Market Forecast: Breakup by End Product Form (in Million US$), 2019-2024
Table 4: Global: Food and Beverages Processing Equipment Market Forecast: Breakup by Mode of Operation (in Million US$), 2019-2024
Table 5: Global: Food and Beverages Processing Equipment Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 6: Global: Food and Beverages Processing Equipment Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 7: Global: Food and Beverages Processing Equipment Market: Competitive Structure
Table 8: Global: Food and Beverages Processing Equipment Market: Key Players