• Stacy Lawlor

Global Food Processing and Handling Equipment Market Size 2028

The Food Processing and Handling Equipment Market was valued at USD 130.06 billion in 2021 and is projected to grow USD 192.09 billion in 2028, at a CAGR of 5.73%.


Food processing and handling equipment are utilized in industries to process raw food products. The equipment is primarily utilized in seafood rearing, poultry farming, dairy and beverage productions, among other uses. Several industries are highly focused on the adoption of advanced technology such as the Internet of Things (IoT) to improve user experience, reducing the risks associated with food processing, and achieving the highest level of food safety.


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The I.M.A. Group proposed IoT-based smart services, such as IMA Control Room, Industry 4.0, and others, to have alerts, reports, and 24/7 general support on all your machines.


COVID-19 ANALYSIS The ongoing COVID-19 pandemic induced a slowdown in the food and manufacturing industry, along with the global economy. The food and beverage industries are facing challenges in the production and distribution, due to OVID-19 induced lockdowns, across the globe. During the pandemic, out-of-home consumption came to a standstill, but at-home consumption increased. The rate of increased consumption of food is attributable to Food Processing and Handling Equipment Market demand and growth. LATEST TREND Increasing Investment in The Integration of IoT and AI In the Food Processing and Handling Equipment Industry, rising investment in the integration of IoT and AI technology will drive market growth, during the forecast period. ising investment in research and development activities to develop advanced food handling equipment propels the market growth. According to Invest India, Indian National Investment Promotion & Facilitation Agency, the Food Processing and Handling Equipment Industry is expected to attract USD 33 billion investments by the end of 2024. This is a lucrative opportunity for those companies that are active in the market landscape. DRIVING FACTORS Growing Adoption of Automated Technologies and Robotics in The Market is Propel Growth The growing adoption of automated technologies and robotics among food processing and handling equipment manufacturers is expected to drive market growth due to increased productivity, and safety, and better quality and consistency. The I.M.A. Group launched IMA Cobots or robots, which can count on a series of physical advantages such as a lighter structure for facilitated movement and an anthropomorphic appearance to allow for better human/machine interaction. Changing lifestyles of the consumers, growing brand awareness, and rapidly rising disposable income are the major factors that are driving market demand.

REGIONAL INSIGHTS The Food Processing and Handling Equipment Market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. The Asia-Pacific is the largest market for the industry owing to the rapidly developing food industry in China, and India. The manufacturers are expanding their businesses to cater to the rising demand for products. In addition, shifting consumer demand toward processed food and rapidly rising disposable income are the major factors propelling market growth in this region. North America is the second-largest market for the Food Processing and Handling Equipment Market due to the presence of major manufacturers such as Dover Corporation, Dover Corporation., Middle by Corporation, SPX Flow., and others. For instance, in 2016, the Census Bureau’s County Business Patterns, California had about 5,640 Food processing and manufacturing plants. Europe is the third-largest market for the industry due to increasing research and development activity in the field of food processing, and the growing adoption of automated technologies and robotics are increasing the rate of production and demand during the forecast period. The manufacturers are highly invested in the market for the expansion of production facilities. In 2019, Kellogg Co. is ramping up Pringles production in Europe. The company announced a new, USD 120 million investment in its Pringles plant in Kutno, Poland, located within the Lodz Special Economic Zone.


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The global Food Processing and Handling Equipment Market is segmented by Application,Type and Region. Based on the Application, the market is categorized into Alcoholic, Dairy Meat, Poultry, Confectionery, Non-alcoholic Beverages, Bakery. Based on Type, the market is categorized into Food Processing, Food Packaging, Food Service. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

KEY INDUSTRY PLAYERS The key players that are profiled in the report include GEA Group (Germany), ALFA LAVAL (Sweden), Bühler Holding AG (Switzerland), JBT Corporation (US), SPX Flow (US), Robert Bosch (Germany), IMA Group (Italy),Multivac (Germany), Krones Group (Germany), Tetra Laval International S.A. (Switzerland), Middle by Corporation (US), Dover Corporation (US), Ali Group S.r.l (Italy), Electrolux (Sweden), Hoshizaki (Japan),Global Bakery Solutions(UK), Sealtech Engineers (India), Dairy Tech India (India), Spheretech Packaging India Pvt Ltd (India), and Align Industry (India).


LIST OF KEY COMPANIES PROFILED: ● ALFA LAVAL (Sweden) ● Bühler Holding AG (Switzerland) ● JBT Corporation (US) ● SPX Flow (US) ● Robert Bosch (Germany) ● IMA Group (Italy) ● Multivac (Germany) ● Krones Group (Germany) ● Tetra Laval International S.A. (Switzerland) ● Middleby Corporation (US) ● Dover Corporation (US) ● Ali Group S.r.l (Italy) ● Electrolux (Sweden) ● Hoshizaki (Japan) ● Global Bakery Solutions (UK) ● Sealtech Engineers (India) ● Dairy Tech India (India) ● Spheretech Packaging India Pvt Ltd (India) ● Align Industry (India) SEGMENTATION By Application ● Alcoholic ● Dairy Meat ● Poultry ● Confectionery


● Non-alcoholic Beverages


● Bakery


By Type


● Food Processing


● Food Packaging


● Food Service


By Region


● North America- U.S., Mexico, Canada

● Europe- UK, France, Germany, Italy

● Asia-Pacific- China, Japan, India

● Latin America- Brazil, Argentina, Colombia

● The Middle East and the Africa-United Arab Emirates, Saudi Arabia


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