The Global Market for Food Processing Equipment Will Increase
The size of the global market for food processing equipment will increase at a compound annual growth rate (CAGR) of 4.0% between 2024 and 2031, from a value of USD53.69bn in 2024.
Asia Pacific is one of the fastest-growing markets for food processing equipment. The market is driven by increasing demand for processed food products in emerging and developing countries including India, China, Indonesia, and Thailand.
“In the Asia Pacific region, China accounts for the largest market in food processing equipment”, according to Persistence Market Research.
Advancements in technology have been instrumental in driving innovation within the food processing equipment market. From automation and robotics to IoT (Internet of Things) integration, modern equipment is equipped with sophisticated features aimed at enhancing productivity, reducing wastage, and improving overall efficiency.
“For instance, automated sorting and packaging systems leverage machine learning algorithms to classify and package food products with unmatched speed and accuracy. Similarly, IoT-enabled sensors monitor various parameters such as temperature, humidity, and pressure in real-time, allowing for proactive maintenance and minimizing downtime,” according to experts.
Moreover, sustainability has emerged as a key focus area within the food processing industry, driving the adoption of eco-friendly equipment and practices. From energy-efficient machinery to biodegradable packaging solutions, manufacturers are increasingly prioritizing sustainability throughout the production process.
Looking ahead, personalized nutrition, driven by advancements in data analytics and AI, is expected to gain traction, leading to the development of customized processing solutions tailored to individual dietary needs. Furthermore, the rise of alternative protein sources presents new opportunities for equipment manufacturers to innovate and diversify their product offerings.
