Middle East & Africa Food Processing Equipment Market Size & Outlook
Middle East & Africa food processing equipment market, 2018-2030 (US$M)
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MEA food processing equipment market highlights
- The MEA food processing equipment market generated a revenue of USD 3,983.0 million in 2022.
- The market is expected to grow at a CAGR of 4.3% from 2023 to 2030.
- In terms of segment, 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, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 3,983.0 million |
| Market revenue in 2030 | USD 5,579.3 million |
| Growth rate | 4.3% (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 |
| 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, MEA region accounted for 7.8% 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.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Food Processing Equipment Market Scope
Food Processing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 50.66% in 2022. Horizon Databook has segmented the Middle East & Africa food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Asia, is one of the prominently growing region in terms of food and beverage industry. Changing lifestyle, health consciousness, and awareness altogether favors the market here. It is one of the region in which the foreign investors tends to grab opportunity by covering customer base.
It is thus one of the potential market for food processing equipment. In 2016, the MEAs consumer spending on eating out was 5%. In the same year, Saudi Arabia, UAE, Islamic Republic of Iran, Israel, and South Africa were the leaders in consumer spending on Eating Out and was based on USD (PPP).
Saudi Arabia had around 16% of regional spending, followed by Egypt with 12%, UAE 6% and South Africa was 5% in consumer spending on eating out. Dry Weather combined with water issues and limited agricultural areas enforces the region to highly depend on the imports for food and beverage.
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Target buyers of Middle East & Africa 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 continent-level data and insights on the Middle East & Africa food processing equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA food processing equipment market size, by country, 2018-2030 (US$M)
Middle East & Africa Food Processing Equipment Market Outlook Share, 2022 & 2030 (US$M)
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