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The Plant-based Protein Processing Equipment Market is projected to reach $1.68 billion by 2029, at a CAGR of 4.2% from 2022 to 2029. The shift towards plant-based protein processing equipment has been predominantly driven by the growing need to increase productivity, the increasing focus of plant-protein manufacturers to reduce production costs, increased investment in the plant-based protein industry, and increased usage of plant protein as an ingredient in various food and beverage products. Moreover, the growing markets such as Asia, Latin America, and Africa and the increasing plant-based food market are expected to create lucrative opportunities for players operating in this market. However, high equipment costs and preference for animal-based protein ingredients are expected to hinder the growth of this market to some extent.
Here are the top 10 companies operating in the Plant-based Protein Processing Equipment Market
Alfa Laval AB is involved in manufacturing and supplying products and solutions for heat transfer, separation, and fluid handling. The company operates through three business segments, namely, Marine Division, Food & Water Division, and Energy Division. The company offers products for food, chemicals, pharmaceuticals, starch, sugar, ethanol, nuclear power, onboard vessels, engineering, mining, and refining sectors. These products are also used in treating wastewater and creating a comfortable indoor climate. The company offers plant-based processing equipment mainly for soy, pea, sunflower seeds, maize/corn, rapeseed/canola, and peanut/groundnut.
With 39 major production units and 110 service centers, the company serves customers in more than 100 countries.
Bühler AG (Switzerland)
Bühler AG is engaged in developing and manufacturing industrial process technologies and solutions worldwide for food, mobility, and communication markets. The company operates through three business segments, namely, Grains & Food, Advanced Materials, and Consumer Foods. The company provides process technologies for cleaning, optical sorting, sifting & grading, die casting, wet grinding & dispersing, pelleting, extrusion & dough preparation, drying, mixing, ingredient handling, weighing & packing, dehulling, grain logistics, roasting & debacterizing, refining, coaching, molding, automation, food safety, high vacuum thin film coating, milling, grinding, and flaking areas. These technologies are further used for processing wheat & grain, rice, oilseeds, malt, brewery & distillery, pulses & spices, fruits & vegetables, pasta, count lines, cereals, ingredients, chocolate, cocoa, nuts, coffee, bakery products, sugar, potato products, and snacks. The company offers complete solutions for plant-based proteins, including blending & mixing, conditioning, extrusion (cooking and shaping), drying & toasting, grinding, sieving, and storage & packaging solutions.
Moreover, the company is also involved in providing services such as retrofit & reconditioning, repairs, maintenance, training & courses, manufacturing & logistics, consulting, nutrition solutions, analytics laboratory, financial services, technology center & testing facilities, consulting & engineering, and a polyethylene terephthalate (PET) recycling solution for plastic bottle & flake sorting.
With 86 sales offices, 103 service stations, 30 manufacturing sites, and 24 application & training centers, the company has a presence in over 140 countries worldwide.
GEA Group Aktiengesellschaft (Germany)
GEA is engaged in processing technology, components, and comprehensive services for sophisticated production processes in various end-user markets such as food, pharmaceutical, process, and thermal engineering technology. The company operates through five business segments, namely, Separation and Flow Technologies Division, Liquid and Powder Technologies Division, Food and Healthcare Technologies Division, Farm Technologies Division, and Heating and Refrigeration Technologies Division. The Liquid and Powder Technologies division offers plant-based protein processing equipment for frozen vegetables or vegetable-based mixes, texturized vegetable protein (TVP), soya or wheat-based protein, and other plant-based protein such as potato protein, pea protein, and other legumes.
The company has a geographical presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa via a strong network of subsidiaries and partners.
Flottweg SE (Germany)
Flottweg SE is engaged in developing and manufacturing machines and systems for mechanical liquid-solid separation. The company offers equipment and solutions for food & beverage, biofuels, pharma & biotechnology, chemical industry, mining, heavy oil & mineral oil, and water management industries. The company offers plant-based protein processing equipment for starch crops such as peas, beans and lentils; oil crops such as soy, rapeseed or lupine.
The company has a geographical presence across North America, Latin America, Europe, and Asia-Pacific.
SPX Flow Inc., a part of Lone Star, is involved in designing, manufacturing, and marketing engineered products and services for various industries. The company mainly offers its products and services for food & beverage, pharmaceutical, personal care, chemical processing, oil & gas, marine, water & wastewater treatment, and air & gas. The company offers plant-based processing systems for soybean, oat, and rice.
With operations in 34 countries, the company markets its products in over 150 countries.
Meticulous Research in its latest publication on Plant-based Protein Processing Equipment Market has predicted the growth of 4.2% during the forecast year 2022-2029.
Coperion GmbH (Germany)
Coperion GmbH, a part of Hillenbrand Germany Holding GmbH (Germany), is engaged in designing, manufacturing, and installing industrial machinery. The company provides compounding, extrusion, and materials handling systems for plastic & plastic recycling, chemicals, food & pet food, pharmaceuticals, minerals, and nonwoven industries. The company offers plant-based processing systems for soy, pea, and wheat proteins.
With 10 manufacturing sites and 30 sales & service centers, the company has a geographical presence across North America, Europe, Asia-Pacific, the Middle East, and Latin America.
Hosokawa Micron B.V. (Netherlands)
Hosokawa Micron B.V. is engaged in designing, manufacturing, and supplying processing systems and equipment for the mechanical and thermal processing of dry & wet powders. In plant-based protein processing equipment, the company offers solutions for soy, oats, almonds, rice, wheat, and corn proteins.
The company has a geographical presence across North America, Latin America, Europe, Africa, and Asia-Pacific.
Netzsch-Feinmahltechnik GmbH (Germany)
Netzsch-Feinmahltechnik GmbH is engaged in manufacturing and selling equipment for wet & dry processing technology for chemical, food & confectionery, pharma & cosmetics, and minerals & mining industries. The company operates through three business segments, namely, Analyzing & Testing, Grinding & Dispersing, and Pumps & Systems. The company offers protein processing solutions primarily for soybeans, wheat, peas, and faba beans.
The company has a geographical presence across North America, Latin America, Europe, the Middle East & Africa, and Asia-Pacific.
SiccaDania is engaged in designing, engineering, delivering, and installing technology for the dairy, food, beverage, starch, and nutraceutical industries. The company offers plant-based protein processing solutions for potatoes, peas, faba bean, chickpea, mung bean, lupin, lentils, quinoa, amaranth, and other similar protein sources.
The company has a geographical presence across North America, Latin America, Europe, Asia, and the Middle East & Africa.
Koch Separation Solutions (U.S.)
Koch Separation Solutions is engaged in engineering, manufacturing, installing, and optimizing processes and solutions. The company offers solutions for the food & beverage, life science, general industrial, oil & gas, mining & metal refining, lithium extraction, biogas & sour gas, textile, pulp & paper, automotive, and environmental markets. In the plant-based protein industry, the company offers process solutions for peas & other pulses, potato, rice, canola/rapeseed, sacha ichi, hemp, pumpkin & other seeds, barley, and lupin protein extraction.
The company has a geographical presence across North America, Latin America, Europe, Asia-Pacific, and the Middle East.
Authoritative Research on the Plant-based Protein Processing Equipment Market – Global Opportunity Analysis and Industry Forecast (2022-2029)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
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