- Horizontal Form,
- Vertical Form,
- Thermoforming Equipment,
- Modified Atmosphere Packaging Equipment and
- Automated Loading Equipment
Food Processing and Packaging Machinery Market size is valued at USD 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.
Food Processing And Packaging Machinery Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.5%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Food Processing and Packaging Machinery Market Dynamics
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.
Asia-Pacific Got Significant Share
Food Processing and Packaging Machinery Market Regional Analysis
By region, the Asia Pacific market is expected to witness the highest market share during the forecast period. The growth in this region can be attributed to the increase in the population demanding for packaged food products coupled with rise in working women population across India, China, and Japan. Moreover, demand for packaging machines in China is likely to witness growth in the coming years on account of rise in number of food packaging industries across the country.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The food processing and packaging machinery market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The food processing and packaging machinery market report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The food processing and packaging machinery market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The food processing and packaging machinery market report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The food processing and packaging machinery market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Food Processing And Packaging Machinery Market Segmentation
By Machine Type
By Application
- Bakery & Confectionary,
- Dairy Products,
- Fruits & Vegetables,
- Meat,
- Poultry & Seafood,
- Sauces & Dressings and
- Others
By Geography
- North America,
- Europe,
- Asia Pacific,
- Latin America and
- Middle East and Africa
Frequently Asked Questions
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 |
- 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.