What will be the Growth and Market Size of the Food Processing Machinery Market?
The food processing machinery market size has observed strong growth in recent years. It experienced growth from $61.81 billion in 2024 to $65.73 billion in 2025, boasting a compound annual growth rate (CAGR) of 6.3%. The growth can be partly ascribed to increasing global demand for processed foods, more stringent food safety regulations, rising disposable income, focus on operational efficiency, and growing awareness of health and nutrition. The market is expected to achieve even more rapid growth in the following years, estimated to reach as high as $83.37 billion in 2029 with a compound annual growth rate (CAGR) of 6.1%. This growth is predicted to be driven by smart manufacturing and industry 4.0 integration, sustainable and eco-friendly solutions, global population growth, customization and flexibility, and rapid urbanization.
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What are the Key Drivers of the Food Processing Machinery Market?
The rise in demand for processed food plays a significant role in driving the food processing machinery market’s growth. Processed foods include any food type that has undergone some form of processing, such as cooking, canning, freezing, drying, or packaging, often using food processing machinery. For instance, Agriculture and Agri-Food Canada (AAFC), a Canada-based government department for agricultural and food-related products, indicated in October 2023 that the exports of processed food and beverage products had reached an all-time high of $54.3 billion in 2022. These exports made up a substantial 34.7% of the total production value, which underlines the increased consumption of processed food driving the food processing machinery market.
What are the Key Segments in the Food Processing Machinery Market?
1) By Type: Depositor, Extruding Machines, Mixers, Refrigeration, Slicers And Dicers, Other Types
2) By Mode Of Operation: Semiautomatic, Fully Automatic
3) By Application: Bakery And Confectionery, Meat, Poultry And Seafood, Dairy, Beverages, Other Applications
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Who are Some Major Players in the Food Processing Machinery Market?
Major companies operating in the food processing machinery market include Tetra Laval International S.A., SPX Corporation, Nichimo Co Ltd., GEA Group AG, Hosokawa Micron Corp., John Bean Technologies Corporation, Heat and Control Inc., Tomora Systems ASA, AFE Group Ltd., Bühler AG, Krones AG, Alfa Laval AB, Meyer Industries Inc., Baader North America Corporation, Satake Corp., The Middleby Corp., Bucher Industries AG, Marel, Clextral, Fenco Food Machinery, Braunschweigische Maschinenbauanstalt AG, KHS GmbH, Bizerba SE & Co. KG, Atlas Pacific Engineering Company Inc., Duravant Company, Asea Brown Boveri Ltd., Baader, Mecatherm, FAM Stumabo, Rheon Automatic Machinery Co. Ltd., Heatcraft Worldwide Refrigeration, Anko Food Machine Co. Ltd., Baker Perkins.
What are the Emerging Trends in the Food Processing Machinery Market?
Product innovations are gaining popularity in the food processing machinery market. Companies are introducing innovative products to maintain their place in the market. For instance, in December 2022, GE Appliances launched the GE Profile smart mixer with Auto Sense technology. It is a smart appliance that is voice-controlled through Google or Alexa. Its auto sense technology enables it to automatically sense changes in the mixture’s viscosity and stop accordingly. An integrated SmartHQ app guides the user through recipes, outlining the procedure step-by-step.
Which Region Is Expected to Grow The Fastest In The Food Processing Machinery Market?
Europe was the largest region in the food processing machinery market in 2024. However, Asia-Pacific is expected to be the fastest-growing region in the global food processing machinery market during the forecast period.
What Does The Food Processing Machinery Market Report 2025 Offer?
Food processing machinery refers to specialized equipment, tools, and machines used for processing, preparing, handling, packaging, and preserving food products. These tools are used for various food items, from baked goods to beverages and dairy products. The Food Processing Machinery Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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