Food & Beverage Processing Equipment Market

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 2026

Report Code: FB 5034 Jan, 2022, by marketsandmarkets.com

[269 Pages Report] The food & beverage processing equipment market was estimated at USD 58.3 billion in 2021. It is projected to reach USD 76.0 billion by 2026 at a CAGR of 5.5% during the forecast period. The growth of this market is primarily triggered by the increase in global food consumption and the growing food processing industry. However, the high cost of initial investment and rising costs of production due to increasing energy and labor costs are expected to restrict the growth of the market. Advancements in the food processing industry, innovation in processing technology, and continuous growth in the demand for processed food are some factors that are expected to support the growth of the food & beverage processing equipment market. With the growing preference for healthy and functional foods, manufacturers are expected to adopt new equipment to fulfill the demand for healthy functional foods & beverages. The expansion of food manufacturing capacities and growth of the food processing industry in emerging economies will also support the growth of the food & beverage processing equipment market. The key players in this market are GEA Group (Germany), ALFA LAVAL (Sweden), Bühler Holding AG (Switzerland), JBT Corporation (US), and Marel (Iceland).

Food & Beverage Processing Equipment Market

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Impact of COVID-19 on Global Food & Beverage processing equipment Market

The outbreak of COVID-19 has brought serious medical, social, and economic challenges. The medical community focuses on developing successful diagnostic and medical treatment. Food & beverage processing equipment manufacturers are focusing on offering a wide range of products during this pandemic to ensure hygienic and shelf-stable packaged foods in the prevention of the disease.

Consumers are complying with the new social distancing norms and opting for products that are convenient, healthy, and hygienic. This process has further led to an increase in preference for processed food products among consumers, as frozen bakery products have started gaining more visibility on the market shelves. The sales of frozen foods, particularly ready-to-bake and ready-to-eat frozen bakery products, have witnessed an increase as consumers rush to stock their pantries. It is expected that the COVID-19 pandemic will increase the consumption of frozen bakery products and other shelf-stable foods that have a longer shelf life. Furthermore, with the shutdown of various foodservice outlets and restaurants across the globe due to the nationwide lockdown, consumers are compelled to cook at home. Hence, consumers are stockpiling pre-processed food products that can be easily cooked and opt for ready-to-eat foods, such as bread, rolls, buns, with longer shelf life.

Market Dynamics

Drivers : Automation and robotics in food & beverage processing

Continued advancements in computerized food processing technology have cemented automation and autonomous equipment as integral to the food production and processing industry. As demand continues to soar along with costs, automation is helping to decrease production time while increasing output. Food processors are becoming increasingly aware of the power of data-driven insights to optimize their use of raw materials, enhance food quality and safety, and guarantee traceability and support for continuous improvement. One of the key automation machinery types gaining popularity is the robotic butchery machine, which helps speed up the process. Having these automated machines also creates a safer facility, as it minimizes its impact on workers handling potentially dangerous tools and machinery.

Restraints : Difficulty in maintaining the production of Stock Keeping Unit (SKU’s) in complex processing machinery

To remain competitive, food manufacturers and distributors now must maneuver through a proliferating number of Stock Keeping Units (SKUs) and seasonal peaks in business, alongside ensuring their products comply with stringent regulations on food quality and safety. As trade customers demand ever more SKUs, materials must be swapped out and adjustments must often be made in machine settings. Even with servomotors, this is still difficult to achieve automatically. Presently, global consumers are offered a large selection of products online. These consumers have grown accustomed to having a variety of options to choose from, including food. They want more sizes, flavors, packaging types, as well as organic, nut-free, dairy-free, and gluten-free specialty products.

Opportunities : Increasing demand for new products and boost in sales for processed amid COVID-19

Processed foods and beverages are found in every section of the grocery stores and have become a part of daily meals, snacks, and desserts. According to research from ADM, the pandemic made more people interested in foods that benefit their immunity; experts are predicting that will continue in 2021. As reported by Nielsen, companies are also looking to add benefits and claims to their products that prioritize health. For example, yogurt companies are launching probiotics and highlighting other qualities, such as sugar reduction. According to the Innova Consumer Survey 2020, six out of 10 global consumers are increasingly looking for products that support their immune health, with one in three saying that their concerns increased in 2020. Innova identified immunity as a top trend for 2021 and 2022.

Challenges : Stringent quality compliances and tedious maintenance requirements of food processing equipment

One of the key roles of maintenance in food production is to keep processes going without unplanned downtime. In the food industry, product safety has a very high priority. Given that people eat and drink the items that leave their facilities, food manufacturers need to be certain that everything they produce is completely unspoiled and free of harmful contaminants. There are also many strict regulations that manufacturers in this industry must comply with. Failing to comply with food safety standards, such as those set forth by the Occupational Safety & Health Administration (OSHA), the Environmental Protection Agency (EPA), the Food and Drug Administration (FDA), and the US Department of Agriculture (USDA), could result in hefty fines and a loss of reputation. Maintenance is required to keep machines in a state that complies with federal standards, such as the FDA’s Current Good Manufacturing Practices (CGMPs).

“The solid segment by end product form is projected to witness the fastest growth during the forecast period.”

The various types of equipment for food products processed in the solid form include forming, coating, drying, thermal extruding, blending, mixing, sorting, slicing, grading, and peeling. The solid form of products consists of bakery, confectionery, dairy, meat, fish, and poultry products. This is expected to drive more investment by manufacturers in food equipment to cater to the changing consumer preferences.

“The market for semi automatic, by mode of operation segment dominated the food & beverage processing equipment market in 2020.”

Unlike fully automatic equipment that require high capital investment, semi-automatic equipment enable small- and medium-scale manufacturers to support high yield with consistent quality without compromising on the production efficiency. It provides manufacturers with limited capital capacity and a cost-effective solution. Semi-automated equipment are generally used in combination with automated machines.

The market for thermal processing sub-segment, by processing type, is projected to witness the fastest growth in the market during the forecast period."

Heat treatment forms the core of the majority of processed food products, as most food & beverage products are either baked, cooked, pasteurized, fried, or subjected to UHT treatment some processes and materials require specific equipment, such as ovens or retorts, heat exchangers are an effective and efficient solution and are more likely to enable heat regeneration than other systems.

Food & Beverage Processing Equipment Market  by Region

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The Asia Pacific region is projected to grow at the highest CAGR of 6.7% by 2026.

The Asia Pacific market exhibits rapid growth due to its growing economy, growing industrial base of food processing units that are driven by rapid urbanization, and the growing demand for convenience food, which, in turn, is driven by the growing disposable income and purchasing power of consumers.

The region is expected to experience a sharp rise in the demand for advanced food processing machinery that helps reduce processing time and enhance the efficiency of manufacturing operations. The expected growth in the number of food processing units in this region is further projected to boost the supply and consumption of food & beverage processing equipment. The food processing sectors in countries such as China, India, Australia, and New Zealand are export-oriented, and the processing sector is of prime importance in these countries as players here are focusing on technology adoption and automation. This is expected to have a positive impact on the food & beverage processing equipment market in the region.

Key Market Players

The key players in this market include Marel (Iceland), GEA Group (Germany), Bühler (Switzerland), JBT (US), The Middleby Corporation (US), Heat and Control, Inc. (US), Alfa Laval (Sweden), TNA Australia Pty Ltd. (Australia), Bucher Industries (Switzerland), Equipamientos Cárnicos, S.L (Spain), Clextral (France), SPX FLOW (US), Bigtem Makine (Turkey), FENCO Food Machinery (Italy), Krones Group (Germany), Finis Food Processing Equipment B.V. (Netherlands), Bettcher Industries, Inc. (US), Anko Food Machine Co. Ltd. (Taiwan), Heat and Control, Inc. (US), BAADER (Germany), and Dover Corporation (US).

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Scope of the Report

Report Metric

Details

Market size estimation

2016–2026

Base year considered

2020

Forecast period considered

2021–2026

Units considered

Value (USD)

Segments covered

Mode Of Operation, End-Product Form, Type, Application, and Region.

Regions covered

North America, Asia Pacific, Europe, and RoW

Companies studied

  • Marel (Iceland)
  • GEA Group (Germany)
  • Bühler (Switzerland)
  • JBT (US)
  • The Middleby Corporation (US)
  • Heat and Control, Inc. (US)
  • Alfa Laval (Sweden)
  • TNA Australia Pty Ltd. (Australia)
  • Bucher Industries (Switzerland)
  • Equipamientos Cárnicos, S.L (Spain)
  • Clextral (France)
  • SPX FLOW (US)
  • Bigtem Makine (Turkey)
  • FENCO Food Machinery (Italy)
  • Krones Group (Germany)
  • Finis Food Processing Equipment B.V. (Netherlands)
  • Bettcher Industries, Inc. (US)
  • Anko Food Machine Co. Ltd. (Taiwan)
  • Heat and Control, Inc. (US)
  • BAADER (Germany)
  • Dover Corporation (US)

This research report categorizes the food & beverage processing equipment market into the following segments: types, end-product forms, mode of operations, applications, and regions.

Target Audience :

  • Food & beverage processing equipment manufacturers
  • Food & beverage processing equipment importers and exporters
  • Food & beverage processing equipment traders, distributors, and suppliers
  • Food product manufacturers, processors, distributors, and traders
  • Beverage product manufacturers, processors, distributors, and traders
  • Food ingredient manufacturers, processors, distributors, and traders
  • Beverage ingredient manufacturers, processors, distributors, and traders
  • Government and research organizations

Associations and industry bodies:

  • Association for Packaging and Processing Technologies (PMMI)
  • Food Processing Suppliers Association (FPSA)
  • Center for Innovative Food Technology (CIFT)
  • Bakery Equipment Manufacturers & Allieds (BEMA)
  • Food and Drug Administration (FDA)
  • United States Department of Agriculture (USDA)
  • European Food Safety Agency (EFSA)
  • Verband Deutscher Maschinen- und Anlagenbau (VDMA)
  • Agro & Food Processing Equipment & Technology Providers Association of India (AFTPAI)

Report Scope : Food & Beverage Processing Equipment Market

By Mode Of Operation :

  • Automatic
  • Semi-automatic

By End-product Form:

  • Solid
  • Liquid
  • Semi-solid

By Type:

  • Pre-processing
  • Sorting & grading
  • Cutting, peeling, grinding, slicing, and washing
  • Mixing & blending
  • Processing
  • Forming
  • Extruding
  • Coating
  • Drying, cooling, and freezing
  • Thermal
  • Homogenization
  • Filtration
  • Pressing

By Application :

  • Bakery & confectionery products
  • Meat & poultry
  • Dairy products
  • Non-alcoholic beverages
  • Alcoholic beverages
  • Fish & seafood
  • Other applications (fruits, vegetables, ready-to-eat meals, sauces, and dressings)

By Region:

  • North America
  • Europe
  • Asia Pacific

Recent Developments

  • In October 2021, Gea launched its new Xtru Twin 140 extruder completing its range of high-capacity output equipment. The Gea Xtru twin extruders offered the flexibility to produce a wide range of products, including cereal-based snack pellets die-cut, 2D, 3D, multilayers, square shape, punched and direct expanded; breakfast cereals; dry pet food; and any other extruded food product. The latest Xtru Twin 140 had a production capacity of over 3 tons of pellets and 10 tons of pet food kibbles an hour.
  • In 2021 June, SPX FLOW has launched New APV Pilot 4T Homogenizer equipment which would allow customers to test a wide variety of recipes in a single compact unit. This product would help food & beverage producers. APV helped homogenize immiscible liquid into an emulsion.
  • In October 2021, Alfa Laval acquired LiftUP located in Norway. This acquisition helped strengthen Alfa Laval’s aquaculture portfolio.
  • In 2020 March, Middleby acquired Deutsche Beverage Technology to strategically expand the Middleby beverage offerings, as operators continue to have great interest in new products and solutions for their high-margin beverage programs.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 32)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION
    1.3 STUDY SCOPE
           FIGURE 1 MARKET SEGMENTATION
           1.3.1 INCLUSIONS AND EXCLUSIONS
    1.4 REGIONS COVERED
    1.5 PERIODIZATION CONSIDERED
    1.6 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATES, 2018–2020
    1.7 STAKEHOLDERS
    1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 38)
    2.1 RESEARCH DATA
           FIGURE 2 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key industry insights
                    2.1.2.2 Breakdown of Primary Interviews
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.2 MARKET SIZE ESTIMATION
           FIGURE 4 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION: SUPPLY SIDE (1/2)
           FIGURE 5 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION: SUPPLY SIDE (2/2)
           FIGURE 6 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION: DEMAND SIDE
           2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
                    FIGURE 7 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
           2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
                    FIGURE 8 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION
           FIGURE 9 DATA TRIANGULATION METHODOLOGY
    2.4 ASSUMPTIONS FOR THE STUDY
    2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS
    2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
           2.6.1 SCENARIO-BASED MODELING
    2.7 INTRODUCTION TO COVID-19
    2.8 COVID-19 HEALTH ASSESSMENT
           FIGURE 10 COVID-19: GLOBAL PROPAGATION
           FIGURE 11 COVID-19 PROPAGATION: SELECT COUNTRIES
    2.9 COVID-19 ECONOMIC ASSESSMENT
           FIGURE 12 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
           2.9.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
                    FIGURE 13 CRITERIA IMPACTING GLOBAL ECONOMY
                    FIGURE 14 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY

3 EXECUTIVE SUMMARY (Page No. - 55)
    FIGURE 15 IMPACT OF COVID-19 ON THE FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY SCENARIO, 2020 VS. 2021 (USD BILLION)
    FIGURE 16 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY END-PRODUCT FORM, 2021 VS. 2026 (USD BILLION)
    FIGURE 17 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021 VS. 2026 (USD BILLION)
    FIGURE 18 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SHARE, BY TYPE, 2021 VS. 2026 (VALUE)
    FIGURE 19 PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021 VS. 2026 (USD BILLION)
    FIGURE 20 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SHARE AND GROWTH RATE (VALUE), BY REGION, 2020

4 PREMIUM INSIGHTS (Page No. - 60)
    4.1 BRIEF OVERVIEW OF THE FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET
           FIGURE 21 GROWING CONSUMPTION OF PROCESSED AND CONVENIENCE FOOD TO DRIVE THE DEMAND
    4.2 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION AND REGION
           FIGURE 22 ASIA PACIFIC TO DOMINATE THE MARKET ACROSS DAIRY PRODUCTS AND ALCOHOLIC BEVERAGES IN 2020
    4.3 FOOD & BEVERAGE PRE-PROCESSING EQUIPMENT MARKET, BY TYPE
           FIGURE 23 MIXING & BLENDING EQUIPMENT PROJECTED TO BE THE LARGEST PRE-PROCESSING TYPE BY 2026
    4.4 COVID-19 IMPACT ON THE FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET
           FIGURE 24 PRE- & POST-COVID SCENARIOS IN THE FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET
    4.5 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY KEY COUNTRY & END-PRODUCT FORM
           FIGURE 25 CHINA ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2020
    4.6 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY KEY COUNTRY
           FIGURE 26 US DOMINATED THE MARKET IN 2020

5 MARKET OVERVIEW (Page No. - 63)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 27 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Need for health and uniqueness drives innovations in complex machinery
                               FIGURE 28 PRODUCT-WISE GLOBAL SALES DATA, 2020- 2021 (USD BILLION)
                    5.2.1.2 Growth in demand for convenience food products
                               FIGURE 29 INCREASING SALES FOR CONVENIENCE FOODS, 2020 (CHANGE IN SALES)
                    5.2.1.3 Automation and robotics in food & beverage processing
                               FIGURE 30 INCREASE IN PATENT GRANTS FOR FOOD & BEVERAGE PROCESSING EQUIPMENT, 2018–2020
           5.2.2 RESTRAINTS
                    5.2.2.1 High installation, maintenance, and operational costs
                    5.2.2.2 Difficulty in maintaining the production of stock-keeping units (SKUs) in complex processing machinery
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increase in demand for new products and boost in sales for processed amid COVID-19
                    5.2.3.2 Government initiatives and investments to expand the processed food sector in developing regions
           5.2.4 CHALLENGES
                    5.2.4.1 Stringent quality compliances and tedious maintenance requirements of food processing equipment
    5.3 IMPACT OF COVID-19 ON MARKET DYNAMICS
           5.3.1 COVID-19 DRIVING THE DEMAND FOR PROCESSED FOOD & BEVERAGE PRODUCTS AS CONVENIENT AND HYGIENIC
           5.3.2 COVID-19 IMPACT ON THE PROCESSED FOOD & BEVERAGE PRODUCTS SUPPLY CHAIN

6 INDUSTRY TRENDS (Page No. - 71)
    6.1 INTRODUCTION
    6.2 VALUE CHAIN
           FIGURE 31 VALUE CHAIN ANALYSIS
           6.2.1 RESEARCH & DEVELOPMENT
           6.2.2 PRODUCTION
           6.2.3 LOGISTICS & DISTRIBUTION
           6.2.4 MARKETING & SALES
           6.2.5 END-USER INDUSTRY
    6.3 MARKET ECOSYSTEM AND SUPPLY CHAIN
           FIGURE 32 EQUIPMENT R&D AND PRODUCTION IS THE VITAL COMPONENT OF THE SUPPLY CHAIN
           TABLE 2 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: SUPPLY CHAIN (ECOSYSTEM)
                    FIGURE 33 FOOD & BEVERAGE PROCESSING EQUIPMENT: MARKET MAP
    6.4 TECHNOLOGY ANALYSIS
           6.4.1 ROBOTICS IN FOOD PROCESSING
           6.4.2 3D PRINTING IN THE PERSONALIZATION OF FOOD PRODUCTS
           6.4.3 CONTINUOUS MIXING TECHNOLOGY
    6.5 TRENDS/DISRUPTIONS IMPACTING THE CUSTOMERS’ BUSINESS
           FIGURE 34 REVENUE SHIFT FOR THE FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET
    6.6 PORTER’S FIVE FORCES ANALYSIS
           TABLE 3 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS
           6.6.1 THREAT OF NEW ENTRANTS
           6.6.2 THREAT OF SUBSTITUTES
           6.6.3 BARGAINING POWER OF SUPPLIERS
           6.6.4 BARGAINING POWER OF BUYERS
    6.7 TRADE ANALYSIS
           TABLE 4 EXPORT DATA OF INDUSTRIAL FOOD PREPARATION MACHINERY FOR KEY COUNTRIES, 2019 (USD)
           TABLE 5 IMPORT DATA OF INDUSTRIAL FOOD PREPARATION MACHINERY FOR KEY COUNTRIES, 2019 (USD)
           FIGURE 35 EXPORT & IMPORT SCENARIO FOR INDUSTRIAL FOOD PREPARATION MACHINERIES, 2015–2019 (USD BILLION)
    6.8 PATENT ANALYSIS
           FIGURE 36 INCREASE IN PATENT GRANTS FOR FOOD & BEVERAGE PROCESSING EQUIPMENT, 2018–2021
           FIGURE 37 KEY APPLICANTS FOR FOOD PROCESSING EQUIPMENT PATENTS IN THE MARKET, 2018–2021
           FIGURE 38 KEY APPLICANTS FOR BEVERAGE PROCESSING EQUIPMENT PATENTS IN THE MARKET, 2018–2021
           FIGURE 39 FOOD & BEVERAGE PROCESSING PATENTS, BY KEY JURISDICTION, 2018–2021
           TABLE 6 LIST OF IMPORTANT PATENTS FOR FOOD PROCESSING EQUIPMENT, 2019–2020
           TABLE 7 LIST OF IMPORTANT PATENTS FOR BEVERAGE PROCESSING EQUIPMENT, 2019–2020
    6.9 REGULATORY FRAMEWORK
           6.9.1 ASIA PACIFIC
                    6.9.1.1 China
                    6.9.1.2 India
                    6.9.1.3 Australia & New Zealand
           6.9.2 EUROPE
           6.9.3 NORTH AMERICA
                    6.9.3.1 US
                    6.9.3.2 Canada
    6.10 CASE STUDIES
           6.10.1 INSTALLATION OF A FASTER PACKAGING LINE AT A MEAT PRODUCTION FACILITY
           6.10.2 PRODUCTION LINE AUTOMATION NEEDED AT FROZEN FOOD AND MEAT PRODUCT FACILITIES IN CHINA
           6.10.3 TECHNOLOGY UPGRADATION IN APATIN BREWERY
           6.10.4 BISCUIT MANUFACTURING WITH EFFICIENT, COMPACT PACKAGING EQUIPMENT

7 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE (Page No. - 100)
    7.1 INTRODUCTION
           FIGURE 40 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SHARE, BY TYPE, 2021 VS. 2026
           TABLE 8 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY TYPE,  2016–2020 (USD BILLION)
           TABLE 9 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD BILLION)
    7.2 PRE-PROCESSING
           TABLE 10 PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
           TABLE 11 PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.2.1 SORTING & GRADING
                    7.2.1.1 Increase in adoption of sorters and graders to reduce wastage, food safety assurance, and quality
                               TABLE 12 SORTING & GRADING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 13 SORTING & GRADING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.2.2 CUTTING, PEELING, GRINDING, SLICING, AND WASHING
                    7.2.2.1 Key players invest in new products, such as grinders and slicers, to meet the rise in demand
                               TABLE 14 CUTTING, PEELING, GRINDING, SLICING, AND WASHING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 15 CUTTING, PEELING, GRINDING, SLICING, AND WASHING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.2.3 MIXING & BLENDING
                    7.2.3.1 Mixers and blenders have significant importance in the bakery & confectionery, beverage, and dairy industries
                               TABLE 16 MIXING & BLENDING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 17 MIXING & BLENDING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
    7.3 PROCESSING
           TABLE 18 PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
           TABLE 19 PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.3.1 FORMING
                    7.3.1.1 Forming equipment helps attain consistent quality, quick processing, and avoid errors associated with manual operations
                               TABLE 20 FORMING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 21 FORMING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.3.2 EXTRUDING
                    7.3.2.1 Extrusion helps replace less efficient technologies such as batch processing
                               TABLE 22 EXTRUDING EQUIPMENT MARKET SIZE, BY REGION,  2016–2020 (USD MILLION)
                               TABLE 23 EXTRUDING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.3.3 COATING
                    7.3.3.1 Increase in demand for healthier snack products and premium confectionery products to drive market growth
                               TABLE 24 COATING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 25 COATING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.3.4 DRYING, COOLING, AND FREEZING
                    7.3.4.1 Freeze and spray drying find major applications in processing seasonal and perishable food products
                               TABLE 26 DRYING, COOLING, AND FREEZING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 27 DRYING, COOLING, AND FREEZING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.3.5 THERMAL
                    7.3.5.1 Heat treatment is essential for most processed food products, as they are baked, pasteurized, fried, or subjected to UHT treatment
                               TABLE 28 THERMAL EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 29 THERMAL EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.3.6 HOMOGENIZATION
                    7.3.6.1 Homogenization helps in high volume processing along with low energy costs
                               TABLE 30 HOMOGENIZATION EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 31 HOMOGENIZATION EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.3.7 FILTRATION
                    7.3.7.1 Filtration helps maintain quality and extend the shelf life of alcoholic and non-alcoholic beverages
                               TABLE 32 FILTRATION EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 33 FILTRATION EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
           7.3.8 PRESSING
                    7.3.8.1 Pressing equipment is widely used in the wine and fruit juice industries
                               TABLE 34 PRESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                               TABLE 35 PRESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

8 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION (Page No. - 116)
    8.1 INTRODUCTION
           FIGURE 41 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SHARE, BY MODE OF OPERATION, 2021 VS. 2026
           TABLE 36 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD BILLION)
           TABLE 37 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD BILLION)
    8.2 SEMI-AUTOMATIC
           8.2.1 LOWER INSTALLATION AND MAINTENANCE COST FUELS THE MARKET IN DEVELOPING COUNTRIES
                    TABLE 38 SEMI-AUTOMATIC FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)
                    TABLE 39 SEMI-AUTOMATIC FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
    8.3 AUTOMATIC
           8.3.1 ACCURACY, TIME-SAVING, AND EFFICIENCY TO DRIVE THE MARKET FOR AUTOMATION
                    TABLE 40 AUTOMATIC FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)
                    TABLE 41 AUTOMATIC FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION 2021–2026 (USD BILLION)

9 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM (Page No. - 121)
    9.1 INTRODUCTION
           FIGURE 42 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY END-PRODUCT FORM, 2021 VS. 2026 (USD BILLION)
           TABLE 42 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY END-PRODUCT FORM, 2016–2020 (USD BILLION)
           TABLE 43 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
    9.2 SOLID
           9.2.1 INCREASING CONSUMPTION OF ULTRA-PROCESSED SOLID FOOD PRODUCTS BOOSTS MARKET GROWTH
                    TABLE 44 SOLID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 45 SOLID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION 2021–2026 (USD MILLION)
    9.3 LIQUID
           9.3.1 GROWTH IN HEALTH AWARENESS TO DRIVE THE MARKET FOR LIQUID PRODUCTS SUCH AS FRUIT & VEGETABLE JUICES
                    TABLE 46 LIQUID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 47 LIQUID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION 2021–2026 (USD MILLION)
    9.4 SEMI-SOLID
           9.4.1 WIDE RANGE OF APPLICATIONS IN DIPS, SAUCES, SPREADS, AND DRESSINGS FUEL MARKET GROWTH
                    TABLE 48 SEMI-SOLID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                    TABLE 49 SEMI-SOLID FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION 2021–2026 (USD MILLION)

10 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION (Page No. - 127)
     10.1 INTRODUCTION
               FIGURE 43 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021 VS. 2026 (USD BILLION)
               TABLE 50 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD BILLION)
               TABLE 51 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD BILLION)
     10.2 COVID-19 IMPACT ON THE FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION
             10.2.1 OPTIMISTIC SCENARIO
                       TABLE 52 OPTIMISTIC SCENARIO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2021 (USD BILLION)
             10.2.2 REALISTIC SCENARIO
                       TABLE 53 REALISTIC SCENARIO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2021 (USD BILLION)
             10.2.3 PESSIMISTIC SCENARIO
                       TABLE 54 PESSIMISTIC SCENARIO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2018–2021 (USD BILLION)
     10.3 BAKERY & CONFECTIONERY PRODUCTS
             10.3.1 INCREASE IN DEMAND FOR ULTRA-PROCESSED AND PREMIUM BAKERY PRODUCTS IN DEVELOPED COUNTRIES TO DRIVE THE MARKET
                       TABLE 55 BAKERY & CONFECTIONERY PRODUCTS PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 56 BAKERY & CONFECTIONERY PRODUCTS PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.4 MEAT & POULTRY
             10.4.1 RISE IN PER CAPITA CONSUMPTION OF MEAT AND PREFERENCE FOR PROCESSED AND FROZEN MEAT PRODUCTS BOOSTS MARKET GROWTH
                       TABLE 57 MEAT & POULTRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 58 MEAT & POULTRY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.5 DAIRY PRODUCTS
             10.5.1 MASS PRODUCTION AND COST-SENSITIVITY PROMPTED DAIRY MANUFACTURERS TO INCORPORATE AUTOMATED PROCESSING LINES
                       TABLE 59 DAIRY PRODUCTS PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 60 DAIRY PRODUCTS PROCESSING EQUIPMENT MARKET SIZE, BY REGION 2021–2026 (USD MILLION)
     10.6 FISH & SEAFOOD
             10.6.1 INCREASE IN ADOPTION OF AUTOMATED PROCESSING EQUIPMENT FOR FISH & SEAFOOD AS THEY ARE HIGHLY PERISHABLE
                       TABLE 61 FISH & SEAFOOD PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 62 FISH & SEAFOOD PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.7 ALCOHOLIC BEVERAGES
             10.7.1 RISE IN THE NUMBER OF BREWERIES TO DRIVE ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET
                       TABLE 63 ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 64 ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.8 NON-ALCOHOLIC BEVERAGES
             10.8.1 INCREASE IN AWARENESS FOR LOW-CALORIE HEALTH DRINKS AND FUNCTIONAL BEVERAGES TO DRIVE THE MARKET
                       TABLE 65 NON-ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
                       TABLE 66 NON-ALCOHOLIC BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
     10.9 OTHER APPLICATIONS
               TABLE 67 OTHER FOOD & BEVERAGE PROCESSING EQUIPMENT APPLICATIONS MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
               TABLE 68 OTHER FOOD & BEVERAGE PROCESSING EQUIPMENT APPLICATIONS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)

11 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION (Page No. - 140)
     11.1 INTRODUCTION
               FIGURE 44 GEOGRAPHICAL SNAPSHOT (2021–2026): ASIA PACIFIC EMERGING AS NEW HOTSPOT FOR FOOD & BEVERAGE PROCESSING EQUIPMENT
               TABLE 69 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)
               TABLE 70 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)
     11.2 COVID-19 IMPACT ON THE FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION
             11.2.1 OPTIMISTIC SCENARIO
                       TABLE 71 OPTIMISTIC SCENARIO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2021 (USD BILLION)
             11.2.2 REALISTIC SCENARIO
                       TABLE 72 REALISTIC SCENARIO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2021 (USD BILLION)
             11.2.3 PESSIMISTIC SCENARIO
                       TABLE 73 PESSIMISTIC SCENARIO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION, 2018–2021 (USD BILLION)
     11.3 ASIA PACIFIC
               FIGURE 45 ASIA PACIFIC: MARKET SNAPSHOT
               TABLE 74 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 75 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 76 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 77 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 78 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 79 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 80 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 81 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
               TABLE 82 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY END-PRODUCT FORM, 2016–2020 (USD MILLION)
               TABLE 83 ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY END-PRODUCT FORM, 2021–2026 (USD MILLION)
             11.3.1 CHINA
                       11.3.1.1 High preference for fortified food & beverage products to spur market growth in China
                                   TABLE 84 CHINA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 85 CHINA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             11.3.2 JAPAN
                       11.3.2.1 Westernized food consumption patterns, along with inclination toward balanced and healthy diets, to drive market growth in Japan
                                   TABLE 86 JAPAN: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 87 JAPAN: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             11.3.3 INDIA
                       11.3.3.1 Supportive government policies and growing consumer awareness regarding healthy diet to fuel market growth
                                   TABLE 88 INDIA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE,  BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 89 INDIA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             11.3.4 AUSTRALIA & NEW ZEALAND
                       11.3.4.1 Consumer preference to spend on nutritional food products to foster the market in Australia & New Zealand
                                   TABLE 90 AUSTRALIA & NEW ZEALAND: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 91 AUSTRALIA & NEW ZEALAND: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             11.3.5 REST OF ASIA PACIFIC
                       TABLE 92 REST OF ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                       TABLE 93 REST OF ASIA PACIFIC: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
     11.4 NORTH AMERICA
               TABLE 94 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 95 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 96 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE,2016–2020 (USD MILLION)
               TABLE 97 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 98 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 99 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 100 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET,  BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 101 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
               TABLE 102 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2016–2020 (USD MILLION)
               TABLE 103 NORTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2021–2026 (USD MILLION)
             11.4.1 US
                       11.4.1.1 Strong presence of key market players and increasing use of automation in the US
                                   TABLE 104 US: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 105 US: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             11.4.2 CANADA
                       11.4.2.1 Increase in processed food & beverage consumption to drive growth in Canada
                                   TABLE 106 CANADA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 107 CANADA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             11.4.3 MEXICO
                       11.4.3.1 Presence of established processed food manufacturers to support the market in the country
                                   TABLE 108 MEXICO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 109 MEXICO: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
     11.5 EUROPE
               TABLE 110 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2016–2020 (USD MILLION)
               TABLE 111 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
               TABLE 112 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 113 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 114 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 115 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 116 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 117 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
               TABLE 118 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2016–2020 (USD MILLION)
               TABLE 119 EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY END-PRODUCT FORM, 2021–2026 (USD MILLION)
             11.5.1 UK
                       11.5.1.1 Increased preference for frozen convenience food & beverages in the UK
                                   TABLE 120 UK: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 121 UK: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             11.5.2 GERMANY
                       11.5.2.1 Small and medium-scale companies dominate the food processing industry in Germany
                                   TABLE 122 GERMANY: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 123 GERMANY: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             11.5.3 ITALY
                       11.5.3.1 Export of food machinery to boost the market growth in Italy
                                   TABLE 124 ITALY: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 125 ITALY: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             11.5.4 SPAIN
                       11.5.4.1 Spain’s meat and seafood industry drives the market growth
                                   TABLE 126 SPAIN: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 127 SPAIN: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             11.5.5 FRANCE
                       11.5.5.1 French companies invest in Asia Pacific for producing dairy, bakery & confectionery products, and beverages
                                   TABLE 128 FRANCE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 129 FRANCE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
             11.5.6 REST OF EUROPE
                       TABLE 130 REST OF EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2016–2020 (USD MILLION)
                       TABLE 131 REST OF EUROPE: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
     11.6 REST OF THE WORLD (ROW)
               TABLE 132 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2016–2020 (USD MILLION)
               TABLE 133 ROW: FOOD & BEVERAGE PRODUCT PROCESSING EQUIPMENT MARKET SIZE, BY REGION 2021–2026 (USD MILLION)
               TABLE 134 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
               TABLE 135 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
               TABLE 136 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2016–2020 (USD MILLION)
               TABLE 137 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2021–2026 (USD MILLION)
               TABLE 138 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2016–2020 (USD MILLION)
               TABLE 139 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY MODE OF OPERATION, 2021–2026 (USD MILLION)
               TABLE 140 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY END-PRODUCT FORM, 2016–2020 (USD MILLION)
               TABLE 141 ROW: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY END-PRODUCT FORM, 2021–2026 (USD MILLION)
             11.6.1 MIDDLE EAST
                       11.6.1.1 Rise in demand for dairy products and increase in investments in the processed food & beverage industry to drive the market
                                   TABLE 142 MIDDLE EAST: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 143 MIDDLE EAST: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             11.6.2 AFRICA
                       11.6.2.1 Africa’s bakery & confectionery industry to drive the market in the region
                                   TABLE 144 AFRICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 145 AFRICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)
             11.6.3 SOUTH AMERICA
                       11.6.3.1 High influence of Western culture to push demand for processed food & beverage products
                                   TABLE 146 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2016–2020 (USD MILLION)
                                   TABLE 147 SOUTH AMERICA: FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY APPLICATION, 2021–2026 (USD MILLION)

12 COMPETITIVE LANDSCAPE (Page No. - 189)
     12.1 OVERVIEW
     12.2 MARKET SHARE ANALYSIS, 2020
               TABLE 148 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: DEGREE OF COMPETITION (COMPETITIVE)
     12.3 REVENUE ANALYSIS OF KEY PLAYERS
               FIGURE 46 TOTAL REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET, 2018–2020 (USD BILLION)
     12.4 COVID-19-SPECIFIC COMPANY RESPONSE
     12.5 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
             12.5.1 STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
                       FIGURE 47 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020 (KEY PLAYERS)
             12.5.5 PRODUCT FOOTPRINT
                       TABLE 149 COMPANY PRODUCT TYPE FOOTPRINT
                       TABLE 150 COMPANY APPLICATION FOOTPRINT
                       TABLE 151 COMPANY REGIONAL FOOTPRINT
                       TABLE 152 OVERALL COMPANY FOOTPRINT
     12.6 COMPANY EVALUATION QUADRANT (START-UPS/SMES)
             12.6.1 PROGRESSIVE COMPANIES
             12.6.2 STARTING BLOCKS
             12.6.3 RESPONSIVE COMPANIES
             12.6.4 DYNAMIC COMPANIES
                       FIGURE 48 FOOD & BEVERAGE PROCESSING EQUIPMENT MARKET: COMPANY EVALUATION QUADRANT, 2020 (START-UP/SME)
     12.7 COMPETITIVE SCENARIO
             12.7.1 PRODUCT LAUNCHES
                       TABLE 153 PRODUCT LAUNCHES, FEBRUARY 2019–OCTOBER 2021
             12.7.2 DEALS
                       TABLE 154 DEALS, MAY 2018–NOVEMBER 2021
             12.7.3 OTHERS
                       TABLE 155 OTHERS, APRIL 2018–AUGUST 2021

13 COMPANY PROFILES (Page No. - 203)
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
     13.1 KEY PLAYERS
             13.1.1 MAREL
                       TABLE 156 MAREL: BUSINESS OVERVIEW
                       FIGURE 49 MAREL: COMPANY SNAPSHOT
                       TABLE 157 MAREL: PRODUCTS OFFERED
                       TABLE 158 MAREL: PRODUCT LAUNCHES
                       TABLE 159 MAREL: DEALS
             13.1.2 GEA GROUP
                       TABLE 160 GEA GROUP: BUSINESS OVERVIEW
                       FIGURE 50 GEA GROUP: COMPANY SNAPSHOT
                       TABLE 161 GEA GROUP: PRODUCTS OFFERED
                       TABLE 162 GEA GROUP: PRODUCT LAUNCHES
             13.1.3 BÜHLER
                       TABLE 163 BÜHLER: BUSINESS OVERVIEW
                       FIGURE 51 BÜHLER: COMPANY SNAPSHOT
                       TABLE 164 BÜHLER: PRODUCTS OFFERED
                       TABLE 165 BÜHLER: PRODUCT LAUNCHES
                       TABLE 166 BÜHLER: DEALS
             13.1.4 JBT
                       TABLE 167 JBT: BUSINESS OVERVIEW
                       FIGURE 52 JBT: COMPANY SNAPSHOT
                       TABLE 168 JBT: PRODUCTS OFFERED
                       TABLE 169 JBT: DEALS
             13.1.5 ALFA LAVAL
                       TABLE 170 ALFA LAVAL: BUSINESS OVERVIEW
                       FIGURE 53 ALFA LAVAL: COMPANY SNAPSHOT
                       TABLE 171 ALFA LAVAL: PRODUCTS OFFERED
                       TABLE 172 ALFA LAVAL: PRODUCT LAUNCHES
                       TABLE 173 ALFA LAVAL: DEALS
             13.1.6 TNA AUSTRALIA PTY LTD.
                       TABLE 174 TNA AUSTRALIA PTY LTD.: BUSINESS OVERVIEW
                       TABLE 175 TNA AUSTRALIA PTY LTD.: PRODUCTS OFFERED
                       TABLE 176 TNA AUSTRALIA PTY LTD.: PRODUCT LAUNCHES
                       TABLE 177 TNA AUSTRALIA PTY LTD.: DEALS
                       TABLE 178 TNA AUSTRALIA PTY LTD.: OTHERS
             13.1.7 BUCHER INDUSTRIES
                       TABLE 179 BUCHER INDUSTRIES: BUSINESS OVERVIEW
                       FIGURE 54 BUCHER INDUSTRIES: COMPANY SNAPSHOT
                       TABLE 180 BUCHER INDUSTRIES: PRODUCTS OFFERED
             13.1.8 EQUIPAMIENTOS CARNICOS, S.L
                       TABLE 181 EQUIPAMIENTOS CÁRNICOS, S.L: BUSINESS OVERVIEW
                       TABLE 182 EQUIPAMIENTOS CÁRNICOS, S.L: PRODUCTS OFFERED
             13.1.9 CLEXTRAL
                       TABLE 183 CLEXTRAL: BUSINESS OVERVIEW
                       TABLE 184 CLEXTRAL: PRODUCTS OFFERED
             13.1.10 SPX FLOW
                       TABLE 185 SPX FLOW: BUSINESS OVERVIEW
                       FIGURE 55 SPX FLOW: COMPANY SNAPSHOT
                       TABLE 186 SPX FLOW: PRODUCTS OFFERED
                       TABLE 187 SPX FLOW: DEALS
                       TABLE 188 SPX FLOW: OTHERS
                       TABLE 189 SPX FLOW: PRODUCT LAUNCHES
     13.2 OTHER PLAYERS
             13.2.1 BIGTEM MAKINE
                       TABLE 190 BIGTEM MAKINE: BUSINESS OVERVIEW
                       TABLE 191 BIGTEM MAKINE: PRODUCTS OFFERED
                       TABLE 192 BIGTEM MAKINE: DEALS
             13.2.2 FENCO FOOD MACHINERY
                       TABLE 193 FENCO: BUSINESS OVERVIEW
                       TABLE 194 FENCO: PRODUCTS OFFERED
             13.2.3 KRONES GROUP
                       TABLE 195 KRONES GROUP: BUSINESS OVERVIEW
                       FIGURE 56 KRONES GROUP: COMPANY SNAPSHOT
                       TABLE 196 KRONES GROUP: PRODUCTS OFFERED
                       TABLE 197 KRONES GROUP: DEALS
             13.2.4 THE MIDDLEBY CORPORATION
                       TABLE 198 THE MIDDLEBY CORPORATION: BUSINESS OVERVIEW
                       FIGURE 57 THE MIDDLEBY CORPORATION: COMPANY SNAPSHOT
                       TABLE 199 THE MIDDLEBY CORPORATION: PRODUCTS OFFERED
                       TABLE 200 THE MIDDLEBY CORPORATION: DEALS
             13.2.5 FINIS FOOD PROCESSING EQUIPMENT B.V.
                       TABLE 201 FINIS FOOD PROCESSING EQUIPMENT B.V: BUSINESS OVERVIEW
                       TABLE 202 FINIS FOODPROCESSING EQUIPMENT B.V.: PRODUCTS OFFERED
             13.2.6 HEAT AND CONTROL, INC.
             13.2.7 ANKO FOOD MACHINE CO., LTD
             13.2.8 BAADER
             13.2.9 DOVER CORPORATION
             13.2.10 BETTCHER INDUSTRIES, INC

*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

14 ADJACENT & RELATED MARKETS (Page No. - 255)
     14.1 INTRODUCTION
     14.2 LIMITATIONS
     14.3 BAKERY PROCESSING EQUIPMENT MARKET
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
             14.3.3 BAKERY PROCESSING EQUIPMENT MARKET, BY TYPE
                       TABLE 203 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY TYPE, 2020–2025 (USD MILLION)
             14.3.4 BAKERY PROCESSING EQUIPMENT MARKET, BY REGION
                       TABLE 204 BAKERY PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2020–2025 (USD MILLION)
     14.4 BEVERAGE PROCESSING EQUIPMENT MARKET
             14.4.1 MARKET DEFINITION
             14.4.2 MARKET OVERVIEW
             14.4.3 BEVERAGE PROCESSING EQUIPMENT MARKET, BY BEVERAGE TYPE
                       TABLE 205 BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY BEVERAGE TYPE, 2017–2025 (USD MILLION)
             14.4.4 BEVERAGE PROCESSING EQUIPMENT MARKET, BY REGION
                       TABLE 206 BEVERAGE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2025 (USD MILLION)

15 APPENDIX (Page No. - 261)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

The study involved four major activities in estimating the market size for food & beverage processing equipment. Exhaustive secondary research was conducted to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various sources such as the Association for Packaging and Processing Technologies (PMMI), Food Processing Suppliers Association (FPSA), Center for Innovative Food Technology (CIFT), Bakery Equipment Manufacturers & Allieds (BEMA), and Food and Drug Administration (FDA) have been referred to, to identify and collect information for this study. The secondary sources also included food & beverage equipment manufacturers’ annual reports, press releases & investor presentations of companies, white papers, food journals, certified publications, articles from recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and paid databases.

Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, and market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market and technology oriented perspectives.

Primary Research

In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information. The primary sources from the supply side included industry experts, such as CEOs, vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations, operating in the food & beverage processing equipment market.

After the complete market engineering (which included calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types; industry trends; key players; a competitive landscape of food & beverage processing equipment supplied by different types of market players; and key market dynamics, such as drivers, restraints, opportunities, industry trends, and key player strategies.

In the complete market engineering process, top-down and bottom-up approaches were extensively used, along with several data triangulation methods to perform market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list key information/insights throughout the report.

Food & Beverage Processing Equipment Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the market. These approaches were also used extensively to estimate the size of various dependent submarkets. The research methodology used to estimate the market size includes the following:

Top-down approach:

  • The key players in the industry and the market were identified through extensive secondary research.
  • The revenues of major food & beverage processing equipment manufacturers were determined through primary and secondary research, such as paid databases, which were used as the basis for market estimation.
  • Based on the market share analysis of key industry players from all regions, the final market size of the food & beverage processing equipment market has been arrived at.

    Bottom-up approach:

    • Based on the share of food & beverage processing equipment for each application at regional and country levels, the market sizes were analyzed. Thus, with a bottom-up approach of the application at the country level, the global market for food & beverage processing equipment was estimated.
    • Based on the demand for applications, offerings of key players, and the region-wise market share of major players, the global market for applications was estimated.
    • Other factors considered include penetration rate of food & beverage processing equipment in the processed food & beverage industry, demand for health & wellness products, growth in immunity concerts, consumer awareness, functional trends, the adoption rate, patents registered, and organic & inorganic growth attempts.
    • From this, market sizes for each region were derived.
    • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

    All macroeconomic and microeconomic factors affecting the growth of the food & beverage processing equipment market were considered while estimating the market size.

    All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.

    Data Triangulation

    After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, the data triangulation and market breakdown procedures were employed wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using the top-down and bottom-up approaches.

    Report Objectives

    • To describe and forecast the food & beverage processing equipment market based on modes of operation, end-product forms, types, and applications
    • To describe and forecast the food & beverage processing equipment market, in terms of value, by regions—Asia Pacific, Europe, North America, and the Rest of the World—along with their respective countries
    • To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
    • To strategically analyze micro-markets, with respect to individual growth trends, prospects, and contributions to the overall market
    • To study the complete value chain of food & beverage processing equipment.
    • To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the food & beverage processing equipment ecosystem
    • To strategically profile key players and comprehensively analyze their market positions in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
    • To analyze strategic approaches such as acquisitions and divestments; expansions and investments; product launches and approvals; agreements; and collaborations and partnerships in the food & beverage processing equipment market

    Available Customizations

    Rest of the World (RoW) (South America, Middle East & Africa)

    With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

    The following customization options are available for the report:

    Product Analysis

    • Product Matrix, which gives a detailed comparison of the product portfolio of each company

    Geographic Analysis

    • Further breakdown of the Rest of Europe food & beverage processing equipment market into Poland, Russia, and Turkey
    • Further breakdown of the Rest of Asia Pacific food & beverage processing equipment market into Indonesia, Malaysia, Vietnam, the Philippines, and Thailand
    • Further breakdown of the RoW food & beverage processing equipment market into South America, Africa, and the Middle East

    Company Information

    • Detailed analyses and profiling of additional market players (up to five)
Food & Beverage Processing Equipment Market Size,  Share & Growth Report
Report Code
FB 5034
Published ON
Jan, 2022
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