Food and Beverage Processing Machinery Market to reach $146.4 Billion by 2030; Technological advancements, rising consumer demand for processed foods, strict food safety regulations, growth of the packaged food industry and the expansion of productio

The Food and Beverage Processing Machinery Market size is estimated to reach $146.4 Billion by 2030, growing at a CAGR of 8.0% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Food Processing Machinery Market – By Type (Meat, Poultry, and Seafood Processing Machinery, Bakery Processing Machinery, Dairy Processing Machinery, Chocolate and Confectionery Processing Machinery, Fruits and Vegetables Processing Machinery, Other), By Mode of Operation (Automatic, Semi-Automatic & Manual), By End Product Form (Liquid, Solid & Semi-Solid), By Technology (Traditional Processing Technology & Advanced Processing Technology), By End Product Type (Packaged Food, Frozen Food, Canned Food, Ready-to-Eat Meals and Others), By Application (Bakery & Confectionery, Dairy Products, Meat, Poultry & Seafood, Fruits & Vegetables, Prepared and Convenience Foods & Others) and By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030”

 

Technological advancements are improving the efficiency of food and beverage processing Machinery. Demand for processed foods by consumers is rising and so is the need for sophisticated machinery. With strict food safety, manufacturers are increasing investments in modern Machinery. Processing technologies are needed to match growing demand for the packaged food industry. The expansion of production capacities is driving the introduction of new Machinery. These factors combined are fueling the growth of the Food Processing Machinery industry during the forecast period.

 

 

The Asia Pacific region held the largest market share in 2023. The presence of major food-producing countries like China and India along with their vast agricultural sectors creates a significant demand for efficient food processing technologies. Government initiatives to modernize the food processing industry further accelerates the market growth in the region. For instance, bolstered by robust agricultural and food processing advancements in countries like India, where the sector has seen over $830 million in investments under the Production-Linked Incentive (PLI) Scheme, according to India Briefing. This initiative, running from FY 2021-22 to FY 2026-27 with a budget of approximately $1.29 billion, has modernized infrastructure, attracted cutting-edge technology, and boosted exports. By September 2023, it had generated cumulative sales of $5.90 billion and employed over 237,000 people, highlighting its transformative impact. With strong government support and participation from global giants like Nestlé and Kellogg’s, India’s food processing industry exemplifies the region's growing demand for efficient technologies, driving market expansion.

 

 

 

The growing demand for packaged foods is a key driver for the Food Processing Machinery Market. As consumers increasingly seek convenient, ready-to-eat and shelf-stable food options, manufacturers are investing in advanced food processing equipment to meet this growing demand. These machines streamline production processes, improve product quality and enhance food safety.  According to Conagra Brands’ Future of Frozen Food 2024 report, the U.S. frozen food market reached $78 billion in 2023, with volume sales rising by 5% compared to 2019. Trends such as smaller portions, global flavors, and clean-label products highlight the evolving expectations of consumers. For instance, Asian-inspired appetizers like dumplings saw a 375% growth over four years, while spicy frozen foods achieved nearly $600 million in sales, reflecting a surge in demand for diverse offerings. Additionally, convenience-driven categories like frozen breakfast items, which accounted for billions in sales, underscore the need for efficient machinery to handle product diversity and maintain quality. The rising popularity of processed snacks, frozen foods and ready meals is driving the need for efficient and hygienic processing solutions.

 

 

 

The Food Processing Machinery Market is largely driven by stringent regulations, especially as the food safety standards are becoming more stringent worldwide. For instance, the U.S. Food and Drug Administration (FDA) enforces rigorous standards under the Food Safety Modernization Act (FSMA), notably the Preventive Controls for Human Food rule. This regulation mandates food facilities to develop and implement a Food Safety Plan, encompassing hazard analysis, preventive controls, monitoring, corrective actions, and verification activities. Furthermore, the market is driven by the need for machinery to meet stricter regulations imposed by governments, forcing companies to invest in processing machinery to meet the regulations.

 

 

 

• In April 2024, three major Scottish seafood companies, Denholm Seafoods, The Don Fishing Company, and Seafood Ecosse, collaborated to establish Trinity Seafoods Ltd. Based in Peterhead, the new company focused on processing smaller-sized whitefish stocks, such as haddock, using advanced facilities, boosting the local economy and expanding exports to UK, European, and international markets.
• In March 2024, Fortifi Food Processing Solutions launched as a unified platform of global brands specializing in food processing equipment and automation solutions. Operating across 15 countries, it focuses on enhancing productivity and safety in industries like protein, dairy, and fruits. Recent acquisitions include MHM Automation and plans to acquire LIMA France and Reich Thermoprozesstechnik GmbH.
• In November 2023, KPM Analytics introduced the P-Series in-line vision system for the meat processing industry, featuring advanced quality assessment and foreign object detection capabilities. Using AI, infrared imaging, and high-resolution cameras, it detects issues like bruises and excess fat. Its modular design ensures cost efficiency while seamlessly integrating into production lines for enhanced quality control.

 

 

Key companies profiled in the Food and Beverage Processing Machinery Market are Tetra Laval Group, GEA Group AG, Bühler AG, John Bean Technologies Corporation (JBT), Marel hf., Krones AG, Bucher Industries AG, BAADER, Fenco Food Machinery, The Middleby Corporation.

 

 

Food and Beverage Market- Food and Beverage Market is projected to reach $7,464.2 billion by 2027 at a CAGR of 5.9% during the forecast period 2022-2027, The market growth is driven by technological advancements such as individual quick freezing (IQF) and high-pressure pasteurization, the expansion of e-commerce platforms, increasing consumer demand for clean-label, organic, and non-GMO products, and robust economic growth in emerging markets.

 

Food Safety Testing & Consumables Market- Food Safety Testing & Consumables Market size was $16,114 million in 2020 and is expected to grow at a CAGR of 7.6% during the forecast period 2021-2026. The market growth is driven by technological advancements in testing methods.

 

Food Processing & Handling Machinery Market- Food Processing & Handling Machinery Market size is forecast to reach $208.8 billion by 2026, growing at a CAGR of 6.2% during the forecast period 2021-2026. The growth in this market is primarily driven by increasing demand for processed foods, advancements in food safety regulations, and automation in food processing technologies.

 

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