Global Food Processing Equipment Market Size & Outlook
The food processing equipment industry worldwide is expected to reach a projected revenue of US$ 69,295.5 million by 2030. A compound annual growth rate of 4% is expected of the worldwide food processing equipment industry from 2023 to 2030.
Revenue, 2022 (US$M)
$50,799.1
Forecast, 2030 (US$M)
$69,295.5
CAGR, 2023 - 2030
4%
Report Coverage
Worldwide
Global food processing equipment market, 2018-2030 (US$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 segmentation & 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 statistics, by region, 2018-2030 (US$M)
Top 10 countries: Food processing equipment market size, 2022 (USD Million)
Top 10 countries: Food processing equipment market size, 2022 (USD Million)
Global food processing equipment market, by region, 2022 (US$M)
Related regional statistics
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