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.