Opportunities for New Market Entrants in Food and Beverage Processing Equipment Market

The Food and Beverage Processing Equipment Market is a segment of the broader food and beverage industry that focuses on the machinery and equipment used in various stages of food and beverage production, processing, and packaging. This market plays a crucial role in ensuring the efficiency, quality, and safety of food and beverage products.

Key components of the Food and Beverage Processing Equipment Market include:

  1. Processing Equipment: This category includes machines used for various food and beverage processing activities such as cutting, slicing, mixing, cooking, and pasteurizing. Examples of processing equipment include blenders, mixers, ovens, and pasteurization machines.
  2. Packaging Equipment: Packaging is a critical aspect of the industry, and this category encompasses machinery used for filling, sealing, labeling, and packaging food and beverage products. Common examples include filling machines, labeling machines, and packaging lines.
  3. Bakery and Confectionery Equipment: This niche within the market focuses on equipment used in the production of bakery and confectionery products. It includes ovens, dough mixers, and cookie or candy forming machines.
  4. Beverage Processing Equipment: Specifically designed for the production of beverages, this category includes machinery for brewing, carbonating, and bottling beverages. Equipment like brewing tanks, carbonation systems, and filling machines are common in this segment.
  5. Meat and Poultry Processing Equipment: Specialized machinery is used in the meat and poultry processing industry, including meat grinders, slicers, and portioning equipment.
  6. Dairy Processing Equipment: This segment deals with machinery used in dairy product production, including pasteurizers, homogenizers, and equipment for yogurt and cheese production.
  7. Food Sterilization Equipment: Sterilization equipment is essential for ensuring the safety and shelf life of many food products. Autoclaves and retort systems are examples of such equipment.
  8. Food and Beverage Testing and Inspection Equipment: Quality control is crucial in the food and beverage industry. Testing and inspection equipment, such as food analyzers and metal detectors, help ensure product quality and safety.

Book a meeting with our experts to discuss your business needs: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=121668697

The Asia Pacific region accounted for the largest share and fastest growing market, in terms of value, of the global food & beverage processing equipment market in 2023.

The Asia Pacific region dominates in the food and beverage processing equipment market for several reasons. Firstly, the region has a large population, which has led to an increase in demand for processed food and beverages. This has in turn fueled the demand for food and beverage processing equipment. Secondly, the food processing industry in the Asia Pacific region is diverse and includes various sub-sectors such as meat and poultry processing, dairy processing, bakery and confectionery, and processed fruits and vegetables. Furthermore, the Asia Pacific region is home to many major food processing companies, including Nestle, Danone, Fonterra, and Tyson Foods, among others. The region also has many local companies that are leaders in their respective markets. Thus, catering for all these food industries in this region have generated a high demand for the food and beverage processing equipment and accounted to be the largest share and fasted growing market.

The automatic segment accounted for the largest share of the food & beverage processing equipment market in 2023 in terms of value.

Automatic machines provide consistency in production, which is crucial for maintaining the quality of the food product. With manual machines, there is a higher risk of human error, which can lead to inconsistent product quality. Automatic machines, on the other hand, can produce the same product consistently, ensuring that the product meets the required specifications every time. These advantages make them a preferred choice for food manufacturers, leading to increased adoption of automatic machines in the food industry.

Opportunities: Government initiatives toward meat & processed food industry

The growing demand for extruded snacks, dairy, meat, confections, and bakery products in developing markets such as China, India, Brazil, and the European region is driving up demand for automation in the food & beverage processing industry. Manufacturers are increasing production to reach these markets, driving up demand for food extruders in the area. Manufacturers of snack pellets are being inspired by this to upgrade and expand their facilities. Industry automation has steadily increased since 2017, says Invest India (National Investment Promotion and Facilitation Agency), and investments have increased. According to the Minister of State for Food Processing Industries, FDI in the food processing industry totaled USD 44.3 billion in 2018–2019.

In 2019, through training, food safety audits, certification of animal feed, and pressuring merchants to make health and safety improvements, the Food Safety and Standards Authority of India (FSSAI) undertook a hygiene and cleanliness crusade in the Indian meat business. Within the next three months, it intended to conduct a food safety audit of meat processing facilities, slaughterhouses, distribution centers, and retail establishments throughout 40 cities. Additionally, by December 2019, the FDA had held 50 training sessions for meat handlers throughout India. The FSSAI stated that it was considering updating formal animal feed requirements as well as financing initiatives offering small meat businesses government support to enhance their sanitary methods, collaborating with other government organizations, including the Bureau of Indian Requirements.

The cost of labor per hour increased by 4.2% in the Euro region and 4.1% in the European Union (EU) in the second quarter of 2020, the quarter that saw the widespread implementation of the COVID-19 containment measures in the European Union. Hourly labor costs climbed by 3.7% and 3.9%, respectively, in the first quarter of 2020. Automation now has more room to grow in all economies. To address the labor shortage, because of the increasing labor wages, European manufacturers are concentrating on robotic interventions because of the rising labor wages.

The working and living circumstances of the posted and temporary workers employed by the German meat processing sector had been the subject of heated discussion for years. The government attempted to address the issue by reaching agreements with the sector that would ensure moral behavior and better working conditions. However, the pandemic exposed occupational health and safety gaps, infection prevention, and health protection standards. The large number of infections that resulted from these gaps, as well as the new regulations on labor inspection in general and the working conditions in the meat sector, are the results. New rules went into effect on January 1, 2021. They must be vigorously enforced by the appropriate authorities.

Brazil is transforming into an economic powerhouse in promoting domestic industry development and foreign investment. For processed bakery and snack goods, there is a significant market in Europe. By bringing together various stakeholders in the snacks industry, the European Snacks Association (ESA) has supported the markets for snacks and snack pellets. To advance trade through knowledge sharing, the association organizes various trade shows, conferences, and publications of technical insights. The ESA accepts responsibility for informing members of the association’s current and future trends. The North American Association of Food Equipment Manufacturers also offers all the assistance needed to start, grow, or improve a business in terms of technical know-how and other guidance. Via all these government initiatives, the region-wise government is trying to increase employment opportunities and promote better quality meat for export purposes.

To know more get a PDF copy: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121668697

Key industry participants presented:

  • Tetra Laval (Switzerland)
  • Marel (Iceland)
  • GEA Group Aktiengesellschaft (Germany)
  • JBT (US)
  • Bühler (Switzerland)
  • Alfa Laval (Sweden)
  • Bucher Industries AG (Switzerland)
  • SPX Flow Inc.(US)
  • The Middleby Corporation (US)
  • Krones AG (Germany)

Share this post:

Recent Posts

Comments are closed.