North America Food Processing Equipment Market Size & Outlook
North America food processing equipment market, 2018-2030 (US$M)
Related Markets
North America food processing equipment market highlights
- The North America food processing equipment market generated a revenue of USD 9,609.8 million in 2022.
- The market is expected to grow at a CAGR of 3.3% 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, Mexico is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 9,609.8 million |
| Market revenue in 2030 | USD 12,427.8 million |
| Growth rate | 3.3% (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, North America region accounted for 18.9% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Food Processing Equipment Market Scope
Food Processing Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 50.53% in 2022. Horizon Databook has segmented the North America food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
The USA is one of the prominent market in North America for Food processing equipment market. The factors that influence the market growth of food processing industry includes Urbanization, Consumer Spending on Food, Industrialization, Automation etc.
The overall market trend highlights mergers, acquisitions, venturing and collaborations in order to maintain he market position and have varied product portfolio. The United Sates is one of the top market having high consumer spending power on food. As per Oxford Economic, the percentage associated with consumer spending on eating out was around 36% in the year 2016.
It is one of the most urbanized county in the world as it has around 80% of its population living in urban areas.The food and beverage industry has considerable share of North America in the overall market. Canada and Mexico altogether contributes significantly in the global food processing equipment market.
Reasons to subscribe to North America food processing equipment market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America food processing equipment market databook
-
Our clientele includes a mix of food processing equipment market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 North America food processing equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America food processing equipment market size, by country, 2018-2030 (US$M)
North America Food Processing Equipment Market Outlook Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
