Food and Beverage Processing Equipment Market
Food and Beverage Processing Equipment Market Analysis by Food or Beverage Form (Solid, Liquid, Others), Application (Bakery & Confectionary, Dairy & Dairy Alternatives, Fruits, Others), Equipment Operation Type and Processing Type - Forecast to 2026
Food and Beverage Processing Equipment Market Analysis by Food or Beverage Form (Solid, Liquid, Others), Application (Bakery & Confectionary, Dairy & Dairy Alternatives, Fruits, Others), Equipment Operation Type and Processing Type - Forecast to 2026
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Food and Beverage Processing
Equipment Market Analysis by Food
or Beverage Form (Solid, Liquid,
Others), Application (Bakery &
Confectionary, Dairy & Dairy
Alternatives, Fruits, Others),
Equipment Operation Type and
Processing Type - Forecast to 2026
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Market Summary
According to the current analysis of Reports and Data, the global Food & Beverage Processing Equipment
market was valued at USD 54.9 Billion in 2018 and is expected to reach USD 88.6 Billion by year 2026, at
a CAGR of 6.2%. The Food & Beverages is one of the leading high growth perspective industry currently
today. The demand for food & Beverages is increasingly drastically as the population base of the world is
rising with each day count.
The Food & Beverages products applications are wide from dairy products to bakery products and
beverages. The demand for each sector has growth in some or form or other as the way the consumption
factor is huge. Also, there different forms food & Beverages. Considering all these factors the food &
Beverages equipment’s are manufactured. The very foundation for food & beverages industry depends
upon the equipment’s used. The equipment’s are involved right from handling, preparing, cooking,
storing, till the packaging of food. The work done involves during the processing involves washing,
separating, mixing, baking, freezing, sealing etc. The Efficiency in the work done is important as the
whole demand for the Food & Beverages depends upon it.
Availability of the raw materials, changing lifestyle of consumers, as well as the increasing need to offer
foods at a much competitively low price is the major factor driving the growth of the food processing
equipment market over the forecasted period.
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The Increasing consumer demand, large demand for healthy food, rising need for productivity in the food
& beverages, and government initiatives towards the food promotion these are the factors which will
drive the market for food & beverages Processing equipment market. while the high cost associated with
the equipment will be the restraining factor for the food & beverages processing equipment market.
Further key findings from the report suggest
• Food & Beverage Processing Equipment market is growing at a CAGR of 4% in Asia Pacific followed by
North America and Europe, with 6.2% and 5.8% CAGR, respectively. Growing Demand for quality food
across the globe is the key factor to accelerate the market growth during forecast period across all
regions
• As of 2018, Bakery & Confectionery is the dominating Food & Beverage Application which holds
20.5% of the global market. North America market is the chief revenue generating source for this
product segment, followed by Asia-Pacific & Europe regions
• Dairy & Dairy Alternatives is expected to be the fastest growing market segment during forecast
period 2019-2026 with a CAGR of 6.7%. However, Rising ingredients cost and growing competition
are major challenges for the market growth of this market segment
• Others application segment (that includes water treatment, carbonated drink treatment, and all kinds
of frozen foods) was valued at USD 3.9 billion and is expected reach USD 5.7 billion by 2026
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• The Automatic Equipment operation type is projected to register highest CAGR amongst equipment
operation type of 6.3% The Demand for Automatic Machines is increasing day by day it allows many
benefits such as, better efficiency, cost saving and better production.
• Asia Pacific is expected to account for the 41% of the food & beverages processing equipment market.
Developing nations such India & China are likely to witness high growth. The region is also forecasted
to grow the fastest over the forecasted period on account of increasing number of food processing
units being set up in countries like India, China, Australia, and New Zealand.
• The Large requirement of Investment to buy the equipment and continuous changes in technology
which makes the technology brought earlier outdated such factors are likely to hinder the market
growth during the forecast period.
• Key participants include Marel HF, Alfa Laval, JBT Corporate, GEA Group, Par-way Tryson, Krones AG,
Buhler AG, SPX Flow Inc., Middleby Corporation, Tetra Pak.
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For the purpose of this report, Reports and Data has segmented the Food & Beverage Processing
Equipment market on the basis of form, application, equipment operation type, processing type, and
region:
Food or Beverage Form (Revenue, USD Billion; 2016–2026)
• Solid
• Liquid
• Others
Application (Revenue, USD Billion; 2016–2026)
• Bakery & Confectionary
• Dairy & Dairy Alternatives
• Fruits, Nuts & Vegetables
• Alcoholic drinks
• Non-Alcoholic Drinks
• Poultry, Meat & Seafood
• Ready Meals
• Others
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Equipment Operation Type (Revenue, USD Billion; 2016–2026)
• Automatic
• Manual
• Other
Processing Type (Revenue, USD Billion; 2016–2026)
• Primary Processing
• Secondary Processing
• Further Processing
• Across the Factory
Browse Complete Report “Food and Beverage Processing Equipment Market Analysis by Food or
Beverage Form (Solid, Liquid, Others), Application (Bakery & Confectionary, Dairy & Dairy
Alternatives, Fruits, Others), Equipment Operation Type and Processing Type - Forecast to 2026”
@ https://www.reportsanddata.com/report-detail/food-and-beverage-processing-equipmentmarket
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