Global food processing equipment market will grow at a CAGR of 6.1% during the forecast period to reach USD 74,019.6 million by 2022 from 55,158.1 million in 2017, Says “Meticulous Research”
Food processing is considered as one of the fastest growing industries globally. The contribution of the food processing sector to Gross Value Added (GVA), employment, and investments is significant across the globe. The growth of this industry is supported by the availability of a large raw material base. A wide range of instruments and equipment are used in the food processing industry. The factors such as increasing use of international food processing technology, rising demand for quality food products and growing need to fulfil consumer expectations requires technologically advanced equipment.
Here are the top 10 companies operating in global food processing equipment market –
Founded in 1951 and headquartered at Lausanne, Switzerland; Tetra Pak is one of three companies in the Tetra Laval Group. The Company is engaged in providing processing, packaging, and distribution solutions for food products. The Company operates through five business segments, namely Packages, Processing Equipment, Filling Machines, Distribution Equipment, and Service Products. The Company offers sorting, processing, and conveying equipment for fruit & vegetable, nuts, dried fruits, snacks, seed & grains, and meat, poultry, & seafood.
With more than 78 sales offices, 36 production plants, 6 R&D centers, and 11 technical training centers, the Company offers its products and services in more than 170 countries across North America, Europe, Asia, and Africa.
Founded in 1860 and headquartered at Uzwil, Switzerland; Bühler AG is engaged in developing and manufacturing industrial process technologies and solutions for food, mobility, and communication markets worldwide. The Company operates through eight business segments, namely Grain Logistics, Sortex & Rice, Grain Milling, Value Nutrition, Consumer Foods, Die Casting, Grinding & Dispersion, and Leybold Optics.
This multinational company has its presence in over 140 countries worldwide.
Founded in 1883 and headquartered at Lund, Sweden; Alfa Laval is involved in manufacturing and supplying products and solutions for heat transfer, separation, and fluid handling. The Company operates through six business segments, namely Heat Transfer, Fluid Handling, Separation, Services, Associated Products, and Others.
With 42 major production units (22 in Europe, 10 in Asia, 8 in the US, and 2 in Latin America), the Company serves customers in more than 100 countries.
4. Marel HF
Founded in 1983 and headquartered at Reykjavik, Iceland; Marel is involved in developing, manufacturing, selling, and distributing equipment, systems, and services for poultry, fish, and meat industries. The Company operates through four business segments, namely Poultry, Fish, Meat, and Others.
With the offices and subsidiaries in 30 countries and network of more than 100 agents and distributors, the Company has its presence across the globe.
5. Krones AG
Founded in 1951 and headquartered at Neutraubling, Germany, Krones is engaged in planning, developing, and manufacturing machines and complete lines for the fields of process, filling, and packaging technology. The Company operates through three business segments, namely Machines and Lines for Product Filling and Decoration, Machines and Lines for Beverage Production/Process Technology, and Machines and Lines for the Compact Class.
The Company has its geographic presence in Europe, North America, Latin America, Asia-Pacific, and Middle East & Africa.
Founded in 1881 and headquartered at Dusseldorf, Germany; GEA is engaged in focusing on process technology and components for sophisticated production processes in various end-user markets such as food industry, process engineering, and thermal engineering technology. The Company operates through two business segments, namely Business Area Equipment and Business Area Solutions.
The company has its geographic presence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa via network of subsidiaries and partners.
Founded in 1807 and headquartered at Niederweningen, Switzerland; Bucher Industries AG is involved in developing, manufacturing, and selling machinery, vehicles, and systems for harvesting, producing & packaging food, and keeping roads & public spaces clean and safe.
The Company operates through five business segments, namely Kuhn Group, Bucher Municipal, Bucher Hydraulics, Bucher Emhart Glass, and Bucher Specials. With the help of its subsidiaries, the Company has its geographic presence in North America, Europe, Latin America, and Asia-Pacific.
Founded in 1888 and headquartered at Elgin, U.S.; The Middleby Corporation involved in designing, manufacturing, marketing, distributing, and servicing of broad line of food equipment with more than 50 brands for industrial processing, commercial restaurants, and institutional kitchens. The Company operates through three business segments, namely Commercial Foodservice Equipment Group, Food Processing Equipment Group, and Residential Kitchen Equipment Group.
With the operation facilities in approximately 15 countries, the Company has its geographic presence in North America, Europe & Middle East, Asia, and Latin America.
Founded in 1884 and headquartered at Chicago, U.S.; JBT is involved in designing, manufacturing, and providing technology solutions to the food processing and air transportation industries. The Company operates through two business segments, namely JBT FoodTech and JBT AeroTech.
With the production facilities in the U.S., Brazil, Belgium, Germany, Italy, Sweden, the Netherlands, the United Kingdom, South Africa, and China; sales & services offices in more than 25 countries; and 11 technical centers, the Company serves customers globally.
Founded in 1998 and headquartered at Charlotte, U.S.; SPX Flow Inc. is involved in designing, manufacturing, and marketing engineered products and services. The Company operates through three business segments, namely Food& Beverage, Industrial, and Power &energy.
With operations in 35 countries, the Company markets its products in over 150 countries around the world.
Popular mentions- Nichimo International Inc. (Japan), Heat & Control Inc. (U.S.), Paul Mueller Company (U.S.), and Key Technology (U.S.)
Authoritative Research on the Food Processing Equipment Market
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