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The food and beverage processing equipment market is estimated at USD 64.6 billion in 2023 and is projected to reach USD 84.9 billion by 2028, at a CAGR of 5.6% from 2022 to 2028.

Food and beverage processing equipment is designed to ensure that food and beverage products meet certain standards of quality, safety, and consistency. Equipment such as cutting, peeling, slicing, and processing machines can process large quantities of raw materials quickly and efficiently, reducing processing time and increasing output. Another importance of processing equipment are consistency of product quality in the food and beverage industry, Food processing equipment ensures that the products are consistent in terms of taste, texture, and appearance. These processing equipment provide the consistency of product quality, which in place create a reliable brand image and ensures customer satisfaction. Thus, these factors have been driving the growth of the food and beverage processing equipment market.

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Marel (Iceland), GEA Group Aktiengesellschaft (Germany), Bühler (Switzerland), JBT (US), and Tetra Laval (Switzerland) are among the key players in the global food and beverage processing equipment market. Companies are focusing on expanding their production facilities by entering into partnerships and agreements as well as by launching new products to grow their businesses and their market shares. New product launches as a result of extensive research & development (R&D) initiatives, geographical expansion to tap the potential of emerging economies, and strategic acquisitions to gain a foothold over the large extent of the supply chain are the key strategies adopted by companies in the food & beverage processing equipment market.

Tetra Laval (Switzerland)

Tetra Laval is one of the top leaders in food processing & packaging solutions. The company’s business operation is segmented into three individual entities: Tetra Pak, DeLaval, and Sidel. Tetra Pak’s product portfolio includes carton packages, processing equipment, packaging equipment, and distribution equipment automation solutions and services. Tetra Pak is a leading provider of processing equipment for the food & beverage industry. Tetra Pak products are uniquely equipped to provide solutions that meet their customers’ entire needs. Tetra Pak has operations in more than 160 countries across regions, including Asia Pacific, Europe & Central Asia, the Americas, and Greater Middle East & Africa, with over 55 plants. Of these 55, 15 are exclusively dedicated to processing solutions production facilities, 11 R&D units, and 11 technical centers. The company specializes in providing complete solutions specifically designed to be economical to process & package dairy products, juices & nectars, ice cream, cheese, dry foods, fruits, and vegetables using Tetra Pak lines, particularly for the developing market.

Marel (Iceland)

Marel is a global provider of advanced food processing equipment, systems, software, and services for the poultry, meat, and fish industries. Marel’s product portfolio includes a wide range of equipment, including sorting and grading systems, cutting, and slicing machines, weighing and portioning equipment, packaging and labeling solutions, and software and service solutions. The company also offers a range of consulting, training, and support services to help customers optimize their operations and achieve their business objectives. It generates revenue from two sources: equipment sales and after-sales solutions. Under its equipment business segment, it provides food & beverage processing equipment. It has a strong sales network in more than 30 countries worldwide, and its customers are present in more than 150 countries. Marel has been focusing on connecting with its clients across the globe and providing product experience in its demo centers located in Brazil, China, Denmark, the Netherlands, and the US. These centers allow their customers to experience Marel’s full-line solutions before investment.

GEA Group Aktiengesellschaft (Germany)

GEA Group Aktiengesellschaft is one of the largest manufacturers and suppliers of food processing technology and related industries. GEA Group engages in the manufacturing, development, and production of process technology and components for the food processing industry and other related industries. The company provides products & services to industries such as beverage, chemical, dairy, dairy farming, environment, food, heating & refrigeration, home & personal care, marine, oil & gas, energy, and pharma & healthcare across the globe. This made them one of the key players in the processing technology supplier. The company has operations in over 62 countries worldwide, covering regions like Asia Pacific, Europe, the Americas, Africa, and Middle Eastern countries. The business operations of the company are segmented into five divisions: Separation & Flow Technologies, Liquid & Powder Technologies, Food & Healthcare Technologies, Farm Technologies, and Heating & Refrigeration Technologies. All these business segments cater to the products for the food & beverage processing equipment market.

JBT (US)

JBT is a global technology solutions provider to high-value segments of the food & beverage industry. The company designs, manufactures, and services sophisticated products and systems for food processing industries. It operates through two main business segments: the FoodTech segment and the AeroTech segment. The FoodTech segment offers technology solutions for preparing, processing, preserving, and packaging food products, including fruit juices, canned foods, meat, poultry, and seafood. The AeroTech segment offers airport equipment and services, including gate equipment, cargo handling, and aircraft maintenance. The JBT FoodTech segment provides a wide range of machinery products catering to over 37 distinct categories of processes, from peeling and molding the ingredients & raw materials to processing and storing. It owns several brands, which include A&B Process Systems, Avure Technologies, Cooling & Applied Tech (C.A.T), Double D, DSI, Formcook, FranRica, Fresh’n Squeeze, Frigoscandia, FTNON, JBT, MEPSCO, Northfield, PLF International, Prime Equipment Group, Proseal, Schroder, SF&DS, Stein, Tipper Tie, Wolf-Tec, and XVision. JBT has a presence in more than one hundred countries. It has production facilities in the US (Arkansas, California, Florida, New York, North Carolina, Ohio, and Wisconsin), China, Brazil, Belgium, Italy, Germany, the Netherlands, Sweden, the UK, and South Africa. The company’s sales and service offices are based in more than 25 countries.

Bühler (Switzerland)

Bühler is a Swiss-based company specializing in manufacturing and servicing equipment and solutions for the food, feed, and advanced material industries. In the food & beverage industry, Bühler provides equipment and solutions for a variety of applications, including alternative proteins & food ingredients, animal feed, aqua feed, Asian noodles, baked goods, biomass, biorefinery, breakfast cereals, brewing, cocoa & chocolate, coffee, confectionery & snacks, dairy, flour service, grain handling, malting, nuts, oilseeds, pasta, pet food, pulses & spices, rice & paddy, wheat, and grain. Bühler has a robust global presence in North America, South America, Europe, Asia, the Middle East & Africa, and South Asia. It has multiple operations, such as sales offices, services stations, manufacturing sites, and application centers, in these regions.

Related Reports:

Food & Beverage Processing Equipment Market by Type (Processing, Pre-Processing), Application (Bakery & Confectionery, Meat & Poultry, Dairy, Alcoholic & Non Alcoholic Beverages), Mode of Operation, End Product Form and Region - Global Forecast to 2028

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