
Global Food Production Machinery Market Size By Type (Depositors, Extruding Machines), By Application (Bakery & Confectionery, Meat Poultry and Seafood), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 10724 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:
The Global Food Production Machinery Market was valued at USD 55 billion in 2023 and is projected to surpass USD 90 billion by 2031, growing at a CAGR of 6.2% during the forecast period. Growth is primarily driven by increasing consumer demand for processed and packaged foods, advancements in automation, and stringent food safety regulations. Food production machinery plays a critical role in enhancing efficiency, ensuring quality, and meeting diverse production requirements across the food and beverage industry.
Drivers
Rising Demand for Processed Food: The
global shift towards urbanization and changing dietary preferences has fueled
the demand for processed and ready-to-eat foods, boosting the adoption of
efficient food production machinery.
Technological Advancements: Integration of
IoT, AI, and robotics in food production machinery is enhancing operational
efficiency and reducing human intervention, leading to greater productivity.
Stringent Food Safety Standards: Regulatory
compliance requires manufacturers to invest in modern machinery that ensures
hygiene and safety, further driving market growth.
Restraints
High Initial Investment: The significant
capital required for purchasing and maintaining advanced machinery can deter
small and medium-sized enterprises (SMEs).
Maintenance Challenges: The complexity of
modern machinery demands skilled labor for operation and maintenance, which may
pose challenges for some manufacturers.
Opportunities
Emerging Markets: Rising disposable income
and increasing urbanization in Asia-Pacific and Latin America present
significant growth opportunities for food production machinery.
Sustainable Solutions: The growing emphasis
on eco-friendly and energy-efficient machinery provides an avenue for
innovation and differentiation in the market.
Market Insights
Market by System Type
Processing Equipment dominated the market
in 2023, driven by the high demand for automated systems to meet production
scalability. This segment is expected to maintain its leadership due to ongoing
innovations in precision engineering and energy-efficient designs.
Market by End-Use
Dairy and Beverage Processing emerged as
the largest revenue contributor in 2023, holding over 35% of the market share.
The rising consumption of dairy products, beverages, and functional foods is a
key driver.
Market by Regional Insights
Asia-Pacific led the market in 2023,
accounting for the largest share due to rapid industrialization, urbanization,
and government initiatives supporting food production sectors in countries like
China and India.
North America is expected to register
significant growth, fueled by the high demand for innovative food products and
automation technologies.
Competitive Scenario
Key players include Bühler AG, Tetra Pak
International S.A., GEA Group, SPX FLOW, Inc., and John Bean Technologies
Corporation. Companies are focusing on mergers, acquisitions, and technological
innovation to expand their market presence. Recent developments include:
2023: Bühler AG launched energy-efficient
machinery for grain processing.
2024: GEA Group introduced modular
equipment aimed at small and medium enterprises.
2025: Tetra Pak announced a partnership
with an AI technology firm to improve machinery efficiency.
Scope
of Work – Global Food Production Machinery Market
Report
Metric |
Details |
Market Size (2023) |
USD 55 billion |
Projected Market Size (2031) |
USD 90 billion |
CAGR (2023-2031) |
6.2% |
Key Segments |
Processing Equipment, Dairy and Beverage
Processing, Region |
Major Growth Drivers |
Rising processed food demand, automation,
food safety standards |
Opportunities |
Emerging markets, sustainable and
energy-efficient machinery |

Speak with an analyst to get exclusive insights tailored to your needs