Food Processing
Our Food Processing collection features 70+ reports on the equipment and technologies transforming raw materials into finished food products. We analyze everything from primary processing to packaging across diverse food categories.
Industry Overview
The food processing market is a pillar of the global food economy, witnessing unparalleled growth due to urbanization, shifting lifestyles among consumers, and technological advancements transforming the production capacity and efficiency of operations. As cited by the USDA, Brazil's food processing industry recorded USD 233 billion in revenue in 2024, which was a 9.9% increase from 2023. This sector contributed 10.8% to the national GDP. It is clear from the growth of the industry that it is most important position to serve the increasing worldwide food requirements, while meeting safety, efficiency, and sustainability expectations.
Industrial food processor market size stood at USD 64.1 billion in 2023 and is expected to record more than 4.5% CAGR from 2024 to 2032, driven by growing investments in the food and beverage industry and embracing cutting-edge processing technology. The industry incorporates a variety of processing sectors, with the processed fruits and vegetables sector worth USD 377.3 billion in 2024 and forecasted to reach USD 698.6 billion by 2034 at a CAGR of over 6.3%, and the fermented processed foods sector exceeded USD 109.58 billion in 2023, forecasted to show a +6.6% CAGR during the 2022–32 period.
Automation and digitalization are changing how many of the industry's processes are applied, and the food robotics segment had a market size of USD 3.2 billion in 2022, hypothesized to realize at least 12% CAGR over the 2022–32 period, due to labour shortages, and the food technology segment had a market size of USD 210.9 billion in 2024, forecasted to experience 8.2% CAGR during 2025-2034, due to plant-based alternatives and clean-label ingredients as well as IoT-enabled processing technologies. Leading market drivers include stringent food safety regulations, sustainability corroborated by the raising disposable incomes, increasing consumer demand for convenience foods, and technological advances in automation, artificial intelligence, and intelligent manufacturing systems applied to enhance productivity while limiting the environmental impacts.
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