Meticulous Research®, a leading global market research firm, has published a new report titled “Food Processing Equipment Market Size, Share, Forecast, & Trends Analysis by Type (Meat, Poultry, and Seafood, Beverage, Bakery, Dairy, Fruit and Vegetable Processing Equipment), Mode of Operation (Semi-Automatic, Automatic) - Global Forecast to 2031.”

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According to the report, the global food processing equipment market is projected to reach $103.82 billion by 2031, growing at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031. The growth of this market is primarily driven by the rising demand for processed foods, a growing emphasis on food and worker safety, increased productivity, cost-reduction initiatives by food manufacturers, and government support for the food processing industry. However, high equipment costs and the increasing consumer preference for minimally processed foods are expected to limit market expansion.

Emerging markets in regions such as Latin America, Southeast Asia, and Africa, along with the rapidly growing plant-based foods sector, are anticipated to offer significant growth opportunities for market players. However, a lack of skilled labor presents a notable challenge.

Key Market Players:
Prominent companies operating in the food processing equipment market include Bühler AG (Switzerland), Marel hf (Iceland), GEA Group Aktiengesellschaft (Germany), Bucher Industries AG (Switzerland), John Bean Technologies Corporation (U.S.), The Middleby Corporation (U.S.), Heat and Control Inc. (U.S.), SPX Flow, Inc. (U.S.), Alfa Laval AB (Sweden), Krones AG (Germany), Paul Mueller Company (U.S.), Tetra Pak International S.A. (Sweden), Bigtem Makine A.S. (Turkey), TNA Australia Pty Limited (Australia), and Hosokawa Micron B.V. (Netherlands).

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Market Segmentation and Insights
By Type: The market is segmented into several categories, including meat, poultry, and seafood processing equipment; bakery processing equipment; beverage processing equipment; dairy processing equipment; chocolate and confectionery processing equipment; fruit and vegetable processing equipment; snacks processing equipment; and others. In 2024, the meat, poultry, and seafood processing equipment segment is expected to account for the largest share of 25.5%, driven by growing meat production, the rising demand for processed meat, a strong focus on food safety, and consumer preferences for protein-rich diets. However, the beverage processing equipment segment is projected to grow at the highest CAGR of 6.6% during the forecast period.

By Mode of Operation: The market is divided into semi-automatic and automatic modes of operation. In 2024, the semi-automatic segment is expected to dominate with a 60.3% share, attributed to benefits such as increased labor productivity, production flexibility, and economic feasibility. Nevertheless, the automatic segment is set to grow at a higher CAGR of 6.4% from 2024 to 2031, driven by the need for efficiency, improved food safety, and advantages like error reduction, automated monitoring, and effective cleaning.

By Region: Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to dominate the market with a 43.0% share, worth approximately $30.38 billion. The region’s growth is fueled by increasing demand for processed foods in emerging economies like India, China, Indonesia, and Thailand, rising investments from major food and beverage companies, and government support for the food processing sector. Europe and North America follow in market share.

Quick Buy – Food Processing Equipment Market – Global Opportunity Analysis and Industry Forecast (2024-2031), Research Report: https://www.meticulousresearch.com/Checkout/76550193

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