Market revenue in 2022 | USD 5,549.3 million |
Market revenue in 2030 | USD 7,079.6 million |
Growth rate | 3.1% (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 |
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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 51.1% in 2022. Horizon Databook has segmented the U.S. food processing equipment market based on semi automatic, automatic covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. is one of the prominent markets in global food processing equipment market has a considerable market share in the market. The food industry in the U.S. is favorable considering the huge presence of market players, favorable opportunities favored by government policies and industrial automation.
The United States in one of the most urbanized countries with around 80% of its population living in an urban area. This has influenced food preferences, which in turn favors the food processing industry. These preferences reshape the food processing industry.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. food processing equipment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. food processing equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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