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Food Processing Equipment Market Share

Report ID: GMI6839
Published Date: Oct 2023
Report Format: PDF

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Food Processing Equipment Market Share

Some of the major companies operating in the food processing equipment market are:

Tetra Pak
Bühler AG
Alfa Laval
JBT Corporation
GEA Group
Marel
Middleby Corporation
Illinois Tool Works
Dover Corporation
Heat and Control, Inc.
SPX FLOW
Krones AG
Bucher Industries
Hosokawa Micron Group
Satake Corporation

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of food processing equipment reached USD 43.8 billion in 2022 and is set to cross USD 69.3 billion by 2032, owing to the growing adoption of automated machinery due to the surging demand for processed and packed food.

Automatic food processing equipment industry generated USD 21.4 billion in revenue in 2022, due to their increasing efficiency and reduced labor costs.

U.S. market size was valued at USD 8.4 billion in 2022, attributed to the increasing adoption of automation and smarter technology across the food industry to boost productivity and production capacity.

Some of the leading industry players include Tetra Pak, Bühler AG, Alfa Laval, JBT Corporation, GEA Group, Marel, Middleby Corporation, Illinois Tool Works, Dover Corporation, Heat and Control, Inc., SPX FLOW, Krones AG, Bucher Industries, and Hosokawa Micron Group.