Food Processing Market

Global Food Processing Market by Types (Depositors, Extruding Machines, Mixers, Refrigeration, Slicers & Dicers, and Others), Applications (Beverages, Dairy, Meat & Poultry, Bakery and Confectionery, Convenience Food & snacks, Fruits & Vegetables, and Others), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2022 – 2030

  • Report ID: FB-4369
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 202
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The global food processing market size was valued at USD 152.98 Billion in 2021 and is projected to reach a value of USD 271.93 Billion by 2030, expanding at a CAGR of 6.60% between 2022 and 2030. Food processing is the process of transforming raw food into final products. It is the transformation of raw materials or agricultural goods into directly consumable food. Fermenting, mixing, cutting, pasteurizing, crystallizing, blending, and washing are some processes involved in food processing. Distribution, convenience of preparation, preservation, and less susceptibility to deterioration than fresh food are all advantages of food processing. Additionally, it lowers the risk of foodborne illness and enhances the flavor of food.


Global Food Processing Market by Summary

Market Trends, Drivers, Restraints, and Opportunities:

  • Increasing demand for processed food is expected to fuel the market.
  • Rising focus on clean labeled and organic food products along with growing disposable income are projected to propel the market in the coming years.
  • Growing population, rising urbanization, along with increasing demand for poultry and meat are expected to drive the market during the forecast period.
  • Increasing investments by market players on the development of novel and developed food processing equipment is projected to propel the market in the coming years. 
  • Unawareness about regulations related to food safety is expected to hamper the market.

Scope of the report:

The report on the food processing market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Food Processing Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2021

Historic Data

2019–2020

Forecast Period

2022–2030

Segmentation

By Types (Depositors, Extruding Machines, Mixers, Refrigeration, Slicers & Dicers, and Others) and Applications (Beverages, Dairy, Meat & Poultry, Bakery, Convenience Food & snacks, Fruits & Vegetables, Confectionery, and Others)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

AFE Group Ltd., Atlas Pacific Engineering Company Inc., B.K Engineers, Buhler, GEA Group, Heat and Control, Inc., JBT Corporation, Krones AG, Marel, ZIEMANN HOLVRIEKA, and others.

Food Processing Market Segment Insights:

Refrigeration segment is projected to hold significant market share

In terms of types, the food processing market can be divided into depositors, extruding machines, mixers, refrigeration, slicers & dicers, and others. The refrigeration segment held a considerable share of the market in 2020, owing to rising demand for refrigerators for storing various food items for long duration. The extruding machines segment is estimated to expand at significant CAGR during the forecast period, as it ensures that the food is uniform in shape and size.


Global Food Processing Market by Types

Bakery & confectionery segment held substantial market share in 2020

Based on applications, the food processing market can be fragmented into beverages, dairy, meat & poultry, bakery & confectionery, convenience food & snacks, fruits & vegetables, and others. The bakery & confectionery segment is anticipated to grow at a considerable pace during the forecast period, due to increasing production of bakery products along with changing dietary patterns among people. The beverage segment constituted a significant market share and is projected to expand at a rapid rate during the forecast period, owing to rising consumption of soft drinks, alcohol, and fruit juices. The others segment includes nuts and grains.


Global Food Processing Market by Applications

Asia Pacific dominates the global market

On the basis of regions, the global food processing market can be split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific holds a major market share, owing to the growing demand for ready-to-eat foods and rising number of working professionals & students. People belonging to the middle-class income group are conscious about their health and desire processed food, which is nutritious and healthy. The market in North America is projected to expand at a significant CAGR during the forecast period, due to mergers and acquisitions conducted by key market players in the region.


Global Food Processing Market by Regions

Segments

By Types

  • Depositors
  • Extruding Machines
  • Mixers
  • Refrigeration
  • Slicers & Dicers
  • Others

By Applications

  • Beverages
  • Dairy
  • Meat & Poultry
  • Bakery & Confectionery
  • Convenience Food & snacks
  • Fruits & Vegetables
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • AFE Group Ltd.
  • Atlas Pacific Engineering Company Inc.
  • B.K Engineers
  • Buhler
  • GEA Group
  • Heat and Control, Inc.
  • JBT Corporation
  • Krones AG
  • Marel
  • ZIEMANN HOLVRIEKA

Competitive Landscape

Key players in the food processing market include AFE Group Ltd., Atlas Pacific Engineering Company Inc., B.K Engineers, Buhler, GEA Group, Heat and Control, Inc., JBT Corporation, Krones AG, Marel, ZIEMANN HOLVRIEKA, and others.

These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence. JBT Corporation, a key market player, is majorly focusing on research and development for developing technologies for food processing and producing healthy and nutritious food. 

Global Food Processing Market by Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Food Processing Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Food Processing Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Food Processing Market - Supply Chain
  4.5. Global Food Processing Market Forecast
     4.5.1. Food Processing Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Food Processing Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Food Processing Market Absolute $ Opportunity
5. Global Food Processing Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Food Processing Market Size and Volume Forecast by Types
     5.3.1. Depositors
     5.3.2. Extruding Machines
     5.3.3. Mixers
     5.3.4. Refrigeration
     5.3.5. Slicers & Dicers
     5.3.6. Others
     5.3.7.  
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Food Processing Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Food Processing Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Food Processing Demand Share Forecast, 2019-2026
7. North America Food Processing Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Food Processing Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Food Processing Market Size and Volume Forecast by Types
     7.4.1. Depositors
     7.4.2. Extruding Machines
     7.4.3. Mixers
     7.4.4. Refrigeration
     7.4.5. Slicers & Dicers
     7.4.6. Others
     7.4.7.  
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Food Processing Demand Share Forecast, 2019-2026
8. Latin America Food Processing Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Food Processing Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Food Processing Market Size and Volume Forecast by Types
     8.4.1. Depositors
     8.4.2. Extruding Machines
     8.4.3. Mixers
     8.4.4. Refrigeration
     8.4.5. Slicers & Dicers
     8.4.6. Others
     8.4.7.  
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Food Processing Demand Share Forecast, 2019-2026
9. Europe Food Processing Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Food Processing Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Food Processing Market Size and Volume Forecast by Types
     9.4.1. Depositors
     9.4.2. Extruding Machines
     9.4.3. Mixers
     9.4.4. Refrigeration
     9.4.5. Slicers & Dicers
     9.4.6. Others
     9.4.7.  
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Food Processing Demand Share Forecast, 2019-2026
10. Asia Pacific Food Processing Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Food Processing Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Food Processing Market Size and Volume Forecast by Types
     10.4.1. Depositors
     10.4.2. Extruding Machines
     10.4.3. Mixers
     10.4.4. Refrigeration
     10.4.5. Slicers & Dicers
     10.4.6. Others
     10.4.7.  
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Food Processing Demand Share Forecast, 2019-2026
11. Middle East & Africa Food Processing Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Food Processing Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Food Processing Market Size and Volume Forecast by Types
     11.4.1. Depositors
     11.4.2. Extruding Machines
     11.4.3. Mixers
     11.4.4. Refrigeration
     11.4.5. Slicers & Dicers
     11.4.6. Others
     11.4.7.  
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Food Processing Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Food Processing Market: Market Share Analysis
  12.2. Food Processing Distributors and Customers
  12.3. Food Processing Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. AFE Group Ltd.
     12.4.2. Atlas Pacific Engineering Company Inc.
     12.4.3. B.K Engineers
     12.4.4. Buhler
     12.4.5. GEA Group
     12.4.6. Heat and Control, Inc.
     12.4.7. JBT Corporation
     12.4.8. Krones AG

By Types

  • Depositors
  • Extruding Machines
  • Mixers
  • Refrigeration
  • Slicers & Dicers
  • Others

By Applications

  • Beverages
  • Dairy
  • Meat & Poultry
  • Bakery & Confectionery
  • Convenience Food & snacks
  • Fruits & Vegetables
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • AFE Group Ltd.
  • Atlas Pacific Engineering Company Inc.
  • B.K Engineers
  • Buhler
  • GEA Group
  • Heat and Control, Inc.
  • JBT Corporation
  • Krones AG
  • Marel
  • ZIEMANN HOLVRIEKA

Key players in the food processing market include AFE Group Ltd., Atlas Pacific Engineering Company Inc., B.K Engineers, Buhler, GEA Group, Heat and Control, Inc., JBT Corporation, Krones AG, Marel, ZIEMANN HOLVRIEKA, and others.

These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence. JBT Corporation, a key market player, is majorly focusing on research and development for developing technologies for food processing and producing healthy and nutritious food. 

Global Food Processing Market by Key Players

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