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Food Processing and Packaging Machinery Market: By Machine Type, By Application and Geography
Food Processing and Packaging Machinery Market size is valued at US$ 17,792.5 million in 2022 and is poised to grow at a CAGR of 6.5% from 2023 to 2029. The global market provides a detailed overview and that can be segmented by Machine Type and Application. By Machine Type, food processing and packaging machinery market has been segmented into Horizontal Form, Vertical Form, Thermoforming Equipment, Modified Atmosphere Packaging Equipment, and Automated Loading Equipment. The Horizontal Form segment is likely to be the largest and fastest-growing segment in terms of type. Based on application market is segmented into Bakery & Confectionery, Dairy Products, Fruits & Vegetables, Meat, Poultry & Seafood, Sauces & Dressings, and Others. Among these, the Bakery & Confectionary segment is expected to have the fastest-growing market during the forecast period 2022-2028 according to Precision Business Insights.
Study Period
2024-2030Base Year
2023CAGR
6.5%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Increasing demand for packaged food and beverages coupled with the flourishing e-commerce industry is expected to drive the demand for packaging machinery. Moreover, rising awareness regarding personal health and hygiene, increased spending on pharmaceutical products are anticipated to favor the market growth over the coming years.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2022 |
US$ 17,792.5 million |
Market CAGR |
6.5% |
By Machine Type |
|
By Application |
|
By Region |
|
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The food processing and packaging machinery market is projected to expand at a CAGR of 6.5% during the forecast period.
The major players in the food processing and packaging machinery market are Viking Masek Global Packaging, Middleby Corporation, PFM Packaging Machinery, Harpak Ulma, Multivac, OPTIMA Packaging Group GmbH, Syntegon Technology GmbH, GEA Group AG, Nichrome Packaging Solutions, Coesia S.p.A.
North America is the fastest-growing region for food processing and packaging machinery market
1. Executive Summary |
2. Global Food Processing and Packaging Machinery Market Introduction |
2.1. Global Food Processing and Packaging Machinery Market - Taxonomy |
2.2. Global Food Processing and Packaging Machinery Market -Definitions |
2.2.1. Machine Type |
2.2.2. Application |
2.2.3. Region |
3. Global Food Processing and Packaging Machinery Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Current Trends |
3.5. Global Food Processing and Packaging Machinery Market Dynamic Factors - Impact Analysis |
3.6. Mergers, Acquisitions, and Collaborations |
4. Global Food Processing and Packaging Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Food Processing and Packaging Machinery Market, By Machine Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1. Horizontal Form, Fill, and Seal Equipment |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Vertical Form, Fill, and Seal Equipment |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Thermoforming Equipment |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Modified Atmosphere Packaging Equipment |
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Automated Loading Equipment |
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Market Opportunity Analysis Global Food Processing and Packaging Machinery Market, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1. Bakery & Confectionary |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Dairy Products |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Fruits & Vegetables |
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Meat, Poultry, & Seafood |
6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Sauces & Dressings |
6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Others |
6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7. Global Food Processing and Packaging Machinery Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1. North America |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia Pacific |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. MEA |
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Food Processing and Packaging Machinery Market - Opportunity Analysis Index, By Machine Type, Application, and Country, 2023 - 2029 |
8. North America Food Processing and Packaging Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.1. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) and Volume (Units), Y-o-Y Growth (%), and Market Share (%) |
8.1.1. Horizontal Form, Fill, and Seal Equipment |
8.1.2. Vertical Form, Fill, and Seal Equipment |
8.1.3. Thermoforming Equipment |
8.1.4. Modified Atmosphere Packaging Equipment |
8.1.5. Automated Loading Equipment |
8.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.2.1. Bakery & Confectionary |
8.2.2. Dairy Products |
8.2.3. Fruits & Vegetables |
8.2.4. Meat, Poultry, & Seafood |
8.2.5. Sauces & Dressings |
8.2.6. Others |
8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
8.3.1. United States |
8.3.2. Canada |
8.4. North America Food Processing and Packaging Machinery Market - Opportunity Analysis Index, By Machine Type, Application, 2017-2028 |
8.5. North America Food Processing and Packaging Machinery Market Dynamics - Trends |
9. Europe Food Processing and Packaging Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.1. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) and Volume (Units), Y-o-Y Growth (%), and Market Share (%) |
9.1.1. Horizontal Form, Fill, and Seal Equipment |
9.1.2. Vertical Form, Fill, and Seal Equipment |
9.1.3. Thermoforming Equipment |
9.1.4. Modified Atmosphere Packaging Equipment |
9.1.5. Automated Loading Equipment |
9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.2.1. Bakery & Confectionary |
9.2.2. Dairy Products |
9.2.3. Fruits & Vegetables |
9.2.4. Meat, Poultry, & Seafood |
9.2.5. Sauces & Dressings |
9.2.6. Others |
9.3. Country Level Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
9.3.1. UK |
9.3.2. Germany |
9.3.3. France |
9.3.4. Italy |
9.3.5. Spain |
9.3.6. Rest of Europe |
9.4. Europe Food Processing and Packaging Machinery Market - Opportunity Analysis Index, By Machine Type, Application, 2017-2028 |
9.5. Europe Food Processing and Packaging Machinery Market Dynamics - Trends |
10. Asia Pacific Food Processing and Packaging Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.1. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) and Volume (Units), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. Horizontal Form, Fill, and Seal Equipment |
10.1.2. Vertical Form, Fill, and Seal Equipment |
10.1.3. Thermoforming Equipment |
10.1.4. Modified Atmosphere Packaging Equipment |
10.1.5. Automated Loading Equipment |
10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Bakery & Confectionary |
10.2.2. Dairy Products |
10.2.3. Fruits & Vegetables |
10.2.4. Meat, Poultry, & Seafood |
10.2.5. Sauces & Dressings |
10.2.6. Others |
10.3. Country Level Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.3.1. China |
10.3.2. India |
10.3.3. ANZ |
10.3.4. Japan |
10.3.5. Rest of APAC |
10.4. Asia Pacific Food Processing and Packaging Machinery Market - Opportunity Analysis Index, By Machine Type, Application, 2017-2028 |
10.5. Asia Pacific Food Processing and Packaging Machinery Market Dynamics - Trends |
11. MEA Food Processing and Packaging Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
11.1. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) and Volume (Units), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. Horizontal Form, Fill, and Seal Equipment |
11.1.2. Vertical Form, Fill, and Seal Equipment |
11.1.3. Thermoforming Equipment |
11.1.4. Modified Atmosphere Packaging Equipment |
11.1.5. Automated Loading Equipment |
11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Bakery & Confectionary |
11.2.2. Dairy Products |
11.2.3. Fruits & Vegetables |
11.2.4. Meat, Poultry, & Seafood |
11.2.5. Sauces & Dressings |
11.2.6. Others |
11.3. Country Level Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.3.1. GCC Countries |
11.3.2. South Africa |
11.3.3. Rest of MEA |
11.4. MEA Food Processing and Packaging Machinery Market - Opportunity Analysis Index, By Machine Type, Application, 2017-2028 |
11.5. MEA Food Processing and Packaging Machinery Market Dynamics - Trends |
12. Latin America Food Processing and Packaging Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
12.1. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) and Volume (Units), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. Horizontal Form, Fill, and Seal Equipment |
12.1.2. Vertical Form, Fill, and Seal Equipment |
12.1.3. Thermoforming Equipment |
12.1.4. Modified Atmosphere Packaging Equipment |
12.1.5. Automated Loading Equipment |
12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Bakery & Confectionary |
12.2.2. Dairy Products |
12.2.3. Fruits & Vegetables |
12.2.4. Meat, Poultry, & Seafood |
12.2.5. Sauces & Dressings |
12.2.6. Others |
12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.3.1. Brazil |
12.3.2. Mexico |
12.3.3. Argentina |
12.3.4. Rest of LA |
12.4. Latin America Food Processing and Packaging Machinery Market - Opportunity Analysis Index, By Machine Type, Application, 2017-2028 |
12.5. Latin America Food Processing and Packaging Machinery Market Dynamics - Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Product Offerings, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Viking Masek Global Packaging |
13.2.2. Middleby Corporation |
13.2.3. PFM Packaging Machinery |
13.2.4. Harpak Ulma |
13.2.5. Multivac |
13.2.6. OPTIMA Packaging Group GmbH |
13.2.7. Syntegon Technology GmbH |
13.2.8. GEA Group AG |
13.2.9. Nichrome Packaging Solutions |
13.2.10. Coesia S.p.A. |
14. Research Methodology |
15. Key Assumptions and Acronyms |
Key Market Players