What Fueled The Previous Growth In The Food Product Machinery Market?
The food product machinery market has seen considerable growth due to a variety of factors.
• In recent times, there has been a noticeable increase in the size of the food product machinery market. The market saw an escalation from $42.35 billion in 2024 to $45.45 billion in 2025, with a compound annual growth rate (CAGR) of 7.3%.
Factors contributing to the growth during the historic period include the expansion of the food processing industry, the emphasis on hygiene and safety standards, the consumer quest for convenience, and the global reach of food supply chains.
How Does the Forecast Look for the Food Product Machinery Market?
The food product machinery market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for food product machinery is projected to witness robust growth in the coming years, rising to a value of $56.77 billion by the end of 2029. This represents a compound annual growth rate (CAGR) of 5.7%.
This anticipated growth throughout the forecast period can be attributed to aspects such as the adoption of sustainable and eco-friendly machines, the integration of industry 4.0, enhanced customization and flexibility, advancements in digitalization and remote monitoring capabilities, as well as global market expansion. During this period, key trends are expected to include automation and robotics, the growing preference for clean labels and natural ingredients, advancements in smart packaging solutions, emphasis on reducing waste and improving energy efficiency, as well as the incorporation of personalized food processing methods.
What Are The Leading Drivers Of Growth In The Food Product Machinery Market?
The escalation in scale of the food and beverage sector is predicted to propel the expansion of the food product machinery market. This sector comprises all businesses engaged in the processing, packaging, and distribution of raw foodstuff, and its further transformation into consumer food products. Food product machinery plays a vital role in enhancing effectiveness, uniformity, and security in food and beverage manufacturing, resulting in an ample range of products for customers in the market. For instance, as per a report by Agriculture and Agri-Food Canada, a government agency based in Canada, in February 2022, the sales value of enriched or functional foods and beverages in the United States escalated to $68.9 billion in 2021 from $67.9 billion in 2020. This value is predicted to surge to $79.1 billion in 2025, an increment of 3.5% from 2021. Hence, the burgeoning scale of the food and beverage sector is anticipated to fuel the growth of the food product machinery market.
How Are The Segments Defined Within The Global Food Product Machinery Market?
The food product machinery market covered in this report is segmented –
1) By Type: Dairy Product Plant Machinery And Equipment, Bakery Machinery And Equipment, Meat And Poultry Processing And Preparation Machinery, Other Commercial Food Products Machinery
2) By Product: Depositors, Extruding Machines, Mixers, Refrigerators, Slicers & Dicers, Other Products
3) By Capacity: Small, Medium, Large
4) By Operation: Autonomous, Semi-autonomous, Manual
Subsegments:
1) By Dairy Product Plant Machinery And Equipment: Milk Pasteurizers, Cheese Making Equipment, Butter Churns, Yogurt Production Equipment, Ice Cream Production Machines
2) By Bakery Machinery And Equipment: Bread Baking Equipment, Cake And Pastry Equipment, Biscuit And Cookie Machines, Dough Mixers And Kneaders, Oven And Proofing Machines
3) By Meat And Poultry Processing And Preparation Machinery: Meat Grinders And Mincers, Sausage Fillers And Casers, Meat Slicers, Poultry Processing Equipment (Deboning, Cutting Machines), Meat Tenderizing Machines
4) By Other Commercial Food Products Machinery: Snack Food Processing Equipment, Beverage Production Machinery, Canning And Packaging Machinery, Fruit And Vegetable Processing Equipment, Confectionery Processing Equipment
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What Trends Are Shaping The Food Product Machinery Market?
In a bid to achieve a competitive edge, key players in the food product machinery market are placing emphasis on the innovation of food product machines, including the CutMaster Generation 3. This is a food processing apparatus that utilizes AC technology to process diverse food items such as sausages, poultry, fish, and plant-based foods. As a case in point, GEA Group AG, a corporation based in Germany that manufactures food processing systems and components, launched an updated version of the CutMaster in May 2022. This version is engineered for the preparation of a wide array of food products encompassing sausages, poultry, fish, plant-based foods, vegan and vegetarian dishes, together with processed cheese. Numerous technological advancements driven by customer feedback, inclusive of integrated AC drives, have been incorporated into the new system. These innovations enhance the system's flexibility, reliability, hygiene, and lifespan.
Who Are the Key Players In The Food Product Machinery Market?
Major companies operating in the food product machinery market include:
• Tetra Laval International S.A.
• Krones AG
• GEA Group
• Bühler Group
• The Middleby Corporation
• JBT Corporation
• Dover Corporation
• Illinois Tool Works Inc.
• CIMC Enric Holdings Limited
• Sumitomo Heavy Industries.
• Alfa Laval AB
• Marel hf.
• SPX Flow Inc.
• Urschel Laboratories Inc.
• Stoelting Foodservice Equipment
• Idaho Steel Products
• Anko Food Machine Co. Ltd.
• Heat and Control Inc.
• Paul Mueller Company
• Key Technology Inc.
• Sidel Group
• Ishida Co. Ltd.
• Tomra Systems ASA
• Meyer Industries Inc.
• FMC Corporation
• KHS GmbH
• Rheon Automatic Machinery Co. Ltd.
• Grote Company
• Heat Exchange and Transfer Inc.
• Atlas Pacific Engineering Company Inc.
• FPEC Corporation
• Lyco Manufacturing Inc.
• Reading Bakery Systems
• Satake USA Inc.
What Is The Most Dominant Region In The Food Product Machinery Market?
Western Europe was the largest region in the food product machinery market in 2023. Asia-Pacific was the second largest region. The regions covered in the food product machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
