Food & Beverage Processing Equipment Market
What is Food & Beverage Processing?
Food & Beverage processing is the transformation of transforming raw
materials into eatable and drinkable products or into one form into other
forms. Food and beverage processing equipment use physical and chemical means
to transform raw ingredients into prepared food and are used in the production
of bakery, dairy, seafood, poultry, beverage and confectionery products. Processing
equipment are also being used to automate various processes in the food and
beverage industry, such as heating, cooking, pasteurization and blanching to
decrease the overall production time and increase the efficiency.
Different Type, Mode of Operation and
Application
There are various
types of food & beverage processing equipments available in the market.
Some of the major types of high food & beverage processing equipments
include pre processing equipments, processing equipments, Extruding equipments,
homogenization equipments, filtration equipment and many others. Nowadays, food
& beverage processing equipment are built specifically for the
manufacturers so that inclusions like food emulsifiers can be easily included
in to the processing line. The
processing equipment is the fastest-growing type segment in the market owing to
the rapidly growing demand for bakery products, dairy products, and beverages which
is expected to accelerate the
demand for processing equipment that are faster and more efficient .The
pre processing equipments are also in demand due to adoption of these
equipments by the manufacturers which helps in sorting and grading type of
applications. The food & beverage equipment market is also differentiated
according to the mode of operation which includes semi-automatic and automatic.
The semi-automatic mode of operation is the most demanded type of equipment
since they are a cost effective solution to the manufacturers. The
semi-automatic equipment consumes less energy compared to fully automated
equipment, and can be easily operated by laborers who are available at lower
cost in developing countries. Depending upon the application of food &
beverage processing equipment, the market is dominated by bakery &
confectionary products, followed by meat & poultry and dairy products,
respectively. Bakery & confectionary products are dominating the market due
to the increase in consumption of these products in both developed and
developing countries. Adoption of bakery equipment’s such as industrial ovens,
molders, formers, mixers, blenders, and cutters by the market players is also
increasing the demand of these types of equipment. Owing to the increased use
of meat & poultry by the consumers around the world, the meat processing
equipment is also seeing an upsurge in the market.
Asia Pacific is the largest market for Food
& Beverage Processing Equipment
The food & beverage processing
equipment market is led by Asia Pacific. The region's dominance has been
supported by rising adoption of novel food processing technologies by the food
& beverage processing manufacturers. The region has high demand for
food & beverage processing equipment that is advanced in nature which helps
reduce processing time and enhance the efficiency of manufacturing operations.
The number of food & beverage processing units is expected to grow in this
region that will further boost the demand and supply of food and beverage
processing equipment. The market will also grow in this region owing to the
growing demand for safe and healthier food & beverages products and
increasing consumer disposable income. China is expected to undertake massive
changes in its food and beverage industry, with a view to overcome the
challenges including economic disparity and increasing urbanization.
Market
Drivers
The growth of
the global food and beverage processing equipment market include altering
dietary preferences, rising number of quick-service restaurants (QSRs), and
growing demand for healthy, nutritious and ready-to-eat food products. On
account of strong economic growth, rapid urbanization and improving standards
of living, the demand for food & beverage products is increasing worldwide.
The arrival of green technologies has encouraged the manufacturers to replace their
old food and beverage processing equipment with energy-efficient variants that
help in minimizing the overall cost of production and reducing their carbon
footprint. The manufacturers are also adopting Industry 4.0 to improve the
existing processing equipment. For instance, they are incorporating machine
learning and Industrial Internet of Things (IIoT) as well as offering flexible
and customizable equipment. Consumers have become more health conscious and
they demand healthy beverages with low fat, low cholesterol, low sugar, new
flavors. This has led to the growth of non-alcoholic beverage segment.
Key Companies Outlook
The
manufacturers of food & beverage processing equipments in order to address
the increasing competition in the market are adopting various strategies. Launching
of innovative products and investment in the R & D facilities are some of
the common trend witnessed in the market.
Some of the leading players operating in the market include Marel
(Iceland), GEA Group (Germany), Bühler (Switzerland), JBT Corporation (US),
Alfa Laval (Sweden), TNA Australia Solutions (Australia), Bucher Industries
(Switzerland), Equipamientos Cárnicos, S.L. (Mainca) (Spain), Clextral (France),
SPX Flow (US), Bigtem Makine (Turkey), Fenco Food Machinery (Italy), and Krones
Group (Germany) and others.