Global Food Processing Equipment Market Size & Outlook
Global food processing equipment market, 2018-2030 (US$M)
Related Markets
Global food processing equipment market highlights
- The global food processing equipment market generated a revenue of USD 50,799.1 million in 2022 and is expected to reach USD 69,295.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4% by 2030.
- In terms of segment, automatic accounted for a revenue of USD 25,437.3 million in 2022.
- Automatic is the most lucrative mode of operation segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Russia is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 50,799.1 million |
| Market revenue in 2030 | USD 69,295.5 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Automatic |
| Fastest growing segment | Automatic |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi Automatic, Automatic |
Other key industry trends
- In terms of revenue, the North America accounted for 18.9% of the global food processing equipment market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Russia is the fastest growing regional market and is projected to reach USD 2,337.4 million by 2030.
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Food Processing Equipment Market Scope
Food Processing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global food processing equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food processing equipment market will help companies and investors design strategic landscapes.
Automatic was the largest segment with a revenue share of 50.07% in 2022. Horizon Databook has segmented the Global food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Food Processing Equipment Mode of Operation Outlook (Revenue, USD Million, 2018-2030)
- Semi Automatic
- Automatic
- Global Food Processing Equipment Type Outlook (Revenue, USD Million, 2018-2030)
- Processing
- Pre-Processing
- Global Food Processing Equipment Application Outlook (Revenue, USD Million, 2018-2030)
- Bakery & Confectionaries
- Meat, Poultry, &seaFood
- Beverage
- Dairy
- Fruit, Nut, &Vegetable
- Grains
- Other (Fat and Oil, Dry Food,Pre-prepared food)
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Target buyers of Global food processing equipment market databook
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Our clientele includes a mix of food processing equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global food processing equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global food processing equipment market size, by region, 2018-2030 (US$M)
Top 10 countries: Food processing equipment market size, 2022 (US$M)
Global food processing equipment market share, by mode of operation, 2022 & 2030 (%, US$M)
Food processing equipment market: Opportunity assessment by country
Global food processing equipment market, by region, 2022 (US$M)
| Mode of Operation | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 9,852.5 | 10,126.8 | 8,593.2 | 9,146.6 | 9,609.8 | 9,902.1 | 10,209.7 | 10,533.4 | 10,874.2 | 11,232.9 | 11,610.7 | 12,008.6 | 12,427.8 | 3.3% |
| Europe | 13,707.1 | 14,119.5 | 12,007.8 | 12,809.9 | 13,489.0 | 13,931.2 | 14,397.1 | 14,888.4 | 15,406.3 | 15,952.6 | 16,529.0 | 17,137.3 | 17,779.4 | 3.5% |
| Asia Pacific | 17,325.1 | 18,025.8 | 15,483.6 | 16,683.2 | 17,743.3 | 18,507.8 | 19,317.5 | 20,175.4 | 21,084.8 | 22,049.2 | 23,072.3 | 24,158.3 | 25,311.4 | 4.5% |
| Latin America | 5,952.0 | 6,161.3 | 5,265.6 | 5,645.2 | 5,974.0 | 6,200.5 | 6,440.0 | 6,693.2 | 6,960.9 | 7,244.2 | 7,544.0 | 7,861.4 | 8,197.7 | 4.0% |
| MEA | 3,926.7 | 4,075.6 | 3,492.4 | 3,753.9 | 3,983.0 | 4,144.9 | 4,316.2 | 4,497.5 | 4,689.4 | 4,892.8 | 5,108.4 | 5,336.9 | 5,579.3 | 4.3% |
| Overall | 50,763.4 | 52,508.9 | 44,842.6 | 48,038.7 | 50,799.1 | 52,686.5 | 54,680.5 | 56,787.8 | 59,015.6 | 61,371.7 | 63,864.3 | 66,502.4 | 69,295.5 | 4.0% |
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