Europe Food Processing Equipment Market Size & Outlook
Europe food processing equipment market, 2018-2030 (US$M)
Related Markets
Europe food processing equipment market highlights
- The Europe food processing equipment market generated a revenue of USD 13,489.0 million in 2022.
- The market is expected to grow at a CAGR of 3.5% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 13,489.0 million |
| Market revenue in 2030 | USD 17,779.4 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Semi 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 |
| 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, Europe region accounted for 26.6% of the global food processing equipment market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 25,311.4 million by 2030.
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Food Processing Equipment Market Scope
Food Processing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 50.47% in 2022. Horizon Databook has segmented the Europe food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
The European Food and Drink Industry plays crucial role in the overall economy. The food and drink is one of the largest manufacturing sector in EU offering magnificent employment, Sales, trade. The region has around 61.3% of food and drink employment.
As per Eurostat, the household expenditure on food and drinks in EU is around 13.8% in 2016. It is 15% for Italy, 12% for Germany, 10% for UK, 15% for France and 14% for Spain. The food manufacturing prices that food prices paid are more stable as compared to that of agricultural prices.
Germany, UK and Italy are notable countries in Europe that contributes significantly in the growth of European Food processing equipment market. Booming food market, favorable industrial policies, and economic development are some of the prominent factors that triggers the growth of food processing equipment market.
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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 continent-level data and insights on the Europe food processing equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe food processing equipment market size, by country, 2018-2030 (US$M)
Europe Food Processing Equipment Market Outlook Share, 2022 & 2030 (US$M)
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