Rising Veganism and Automation Propel Plant-Based Food Equipment Market in North America

The Plant-based Food Processing Equipment Market is projected to reach $7.79 billion by 2030 at a CAGR of 5.2% from 2023 to 2030.

North America Dominates the Plant-Based Food Processing Equipment Market

North America is a key player in the global plant-based food processing equipment market, with the U.S. and Canada leading the charge. The U.S., in particular, holds the largest share, followed closely by Canada. This dominance is driven by several factors, including the presence of major plant-based food manufacturers, the rapid rise of small and medium-sized enterprises (SMEs) in the plant-based sector, and the growing consumer demand for vegan products. Furthermore, increasing R&D investments aimed at enhancing plant-based food processing equipment are bolstering market growth in this region.

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Technological Advancements and Automation Drive Demand

The increasing demand for automation and advancements in processing technology are expected to further fuel the need for plant-based food processing equipment in North America. Manufacturers are leveraging these innovations to explore new methods for processing and preserving plant-based foods, aiming to meet shifting consumer preferences, stringent food safety regulations, and evolving food quality standards. In a competitive global market, manufacturers in North America are continuously seeking ways to lower production costs without compromising product quality or yield.

Rising Veganism Fuels Market Growth

A significant factor contributing to the demand for plant-based food processing equipment is the growing shift toward veganism. More consumers are adopting vegan lifestyles, driven by concerns over the environmental, ethical, and health impacts of the meat industry. In 2021, approximately 6% of U.S. consumers identified as vegan, a notable rise from just 1% in 2014. Additionally, the 2023 Food & Health Survey by the International Food Information Council (IFIC) revealed that 12% of the U.S. population now follows a plant-based diet. The surge in vegan consumers, coupled with a rising number of new plant-based product launches, is boosting demand for specialized processing equipment across the U.S.

Sustainability and Innovation in the U.S.

The U.S. is seeing a rise in demand for sustainable food options, driven by innovation in plant-based ingredients and an increasingly organized food processing sector. Investments in alternative meat products are also on the rise, reflecting the growing interest in sustainable food choices. In 2021, 62% of U.S. households, or 79 million, purchased plant-based products, marking a significant increase from the previous year. The food processing industry has capitalized on this growing trend, further propelling demand for advanced plant-based food processing equipment.

Canada’s Growing Role in the Plant-Based Market

Canada is also emerging as a significant player in the plant-based food market. Health consciousness, environmental awareness, and animal welfare concerns are prompting more Canadians to embrace plant-based diets. According to Plant-Based Foods of Canada (PBFC), 67% of Canadians consumed plant-based foods frequently in 2021, with 31% planning to increase their intake in the following year. Retail sales of plant-based ready meals have surged, growing by 441.8% between 2017 and 2021. This increasing demand has encouraged food manufacturers to introduce new plant-based products, further driving the demand for processing equipment.

Government Support Boosts Canada’s Market

Canada has also seen significant government support for its plant-based protein industry. The Canadian Government has recognized the potential of plant-based proteins as a key growth area, investing USD 74 million into Merit Functional Foods, a company specializing in plant-based protein ingredients. These supportive initiatives, coupled with the presence of major plant protein manufacturers, are expected to drive further growth in Canada’s plant-based food processing equipment market.

Conclusion

North America’s leadership in the plant-based food processing equipment market can be attributed to the strong presence of key manufacturers, increasing numbers of SMEs, and a growing consumer base for vegan products. Technological advancements, automation, and government support further bolster the market, ensuring its continued expansion in both the U.S. and Canada. As consumer demand for sustainable and plant-based food options continues to rise, so too will the need for efficient and innovative food processing solutions in the region.

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Key Players:

The plant-based food processing equipment market is characterized by a moderately competitive scenario due to the presence of many large- and small-sized global, regional, and local players. The key players operating in the plant-based food processing equipment market are Alfa Laval AB (Sweden), amixon GmbH (Germany), ANDRITZ AG (Austria), Bühler Group (Switzerland), Coperion GmbH (Germany), Clextral SAS (France), Duravant LLC (U.S.), Flottweg SE (Germany), GEA Group Aktiengesellschaft (Germany), Marel hf. (Iceland), SPX FLOW, Inc. (U.S.), and Tetra Pak (Switzerland).

Scope of the Report:

Plant-based Food Processing Equipment Market, by Type                          

• Dryers
• Mixers & Grinders
• Pasteurizers
• Extruders
• Homogenizers
• Ovens
• Formers
• Other Plant-based Food Processing Equipment

Plant-based Food Processing Equipment Market, by Mode of Operation

• Semi-automatic
• Automatic

Plant-based Food Processing Equipment Market, by Production Facility Size

• Small & Medium Scale Production Facilities
• Large Scale Production Facilities

Plant-based Food Processing Equipment Market, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
• Latin America
• The Middle East & Africa

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