Canada Food Processing Equipment Market Size & Outlook
Canada food processing equipment market, 2018-2030 (US$M)
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Canada food processing equipment market highlights
- The Canada food processing equipment market generated a revenue of USD 2,041.3 million in 2022 and is expected to reach USD 2,621.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, semi automatic was the largest revenue generating mode of operation in 2022.
- Automatic is the most lucrative mode of operation segment registering the fastest growth during the forecast period.
Food processing equipment market data book summary
| Market revenue in 2022 | USD 2,041.3 million |
| Market revenue in 2030 | USD 2,621.6 million |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Semi automatic |
| Fastest growing segment | Automatic |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi Automatic, Automatic |
| Key market players worldwide | Baader Bank AG., Marelli, Buhler Industries Inc, GEA Group AG, The Middleby Corp, Alfa Laval AB, Krones AG, John Bean Technologies Corp, SPX Technologies Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 4.0% of the global food processing equipment market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. food processing equipment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 2,726.7 million by 2030.
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Food Processing Equipment Market Scope
Food Processing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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.
Semi automatic was the largest segment with a revenue share of 50.5% in 2022. Horizon Databook has segmented the Canada food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
Consumption trends in Canada are majorly influenced by the diversity in their consumer profiles. The food Processing Equipment manufacturers in the region are looking to expand their geographical reach as the consumers in Canada had shifted their dietary preferences influenced by the factors such as Animal Welfare, Health, and environmental balance.
In 2017, a survey showed that Canadian consumers with low income and having a high-school education skips meals and tends to opt for snacks instead of having three meals.
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Target buyers of Canada 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada food processing equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada food processing equipment market size, by mode of operation, 2018-2030 (US$M)
Canada Food Processing Equipment Market Outlook Share, 2022 & 2030 (US$M)
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