According to the new market research report “Food and Beverage Processing Equipment – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Food and Beverage Processing Equipment market size is projected to reach USD 126.41 billion by 2030, at a CAGR of 6.2% during the forecast period.
- Global Food and Beverage Processing Equipment MarketSize(US$ Million), 2019-2030
Source: QYResearch, “Food and Beverage Processing Equipment – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Food and Beverage Processing Equipment TopPlayers Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, “Food and Beverage Processing Equipment – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Food and Beverage Processing Equipment include GEA Group, Bühler AG, Ali Group, JBT Corporation, Alfa Laval, Marel, Krones, Spx Flow, Tetra Pak, Satake Corporation, etc. In 2023, the global top five players had a share approximately 13.0% in terms of revenue.
- Food and Beverage Processing Equipment,Global Market Size, Split by Product Segment
Source: QYResearch, “Food and Beverage Processing Equipment – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product type, currently Finished Product Processing Equipment is the largest segment, hold a share of 73.8%.
- Food and Beverage Processing Equipment,Global Market Size, Split by ApplicationSegment
Source: QYResearch, “Food and Beverage Processing Equipment – Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
In terms of product application, currently Food is the largest segment, hold a share of 76.3%.
Market Drivers:
Increasing Demand for Processed Foods: Rising consumer demand for convenient, ready-to-eat, and processed food products drives the need for advanced food and beverage processing equipment.
Restraint:
High Initial Investment: The substantial upfront costs associated with purchasing and installing advanced food and beverage processing equipment can be a barrier, especially for small and medium-sized enterprises.
Opportunity:
Emerging Markets: Rapid urbanization and changing dietary habits in emerging economies present significant growth opportunities for the food and beverage processing equipment market.
About The Authors
Kang Qi – Lead Author
Email: kangqi@qyresearch.com
Kang Qi is a technology & market senior analyst specializing in industrial equipment. He is engaged in the development of technology and market reports and is also involved in custom projects.
About QYResearch
QYResearch founded in California, USA in 2007. It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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