Asia Pacific Food Processing Machinery Market

Asia Pacific Food Processing Machinery Market Size (2024 to 2029)

The size of the Asia Pacific food processing machinery market is expected to be worth USD 13.41 billion in 2024 and grow at a CAGR of 8.02% from 2024 to 2029 to achieve USD 19.73 billion by 2029. Food processing equipment can perform various operations like slicing vegetables, pureeing, mixing and kneading dough, shredding or grating cheese or vegetables, grinding items such as nuts, seeds and others. They can also perform functions like pasteurization, fermentation, refrigeration and freezing, canning, irradiation and dehydration.

Food Processing Machinery is a complex and multi-dimensional market including all the apparatus and gear utilized as a part of business sustenance creation and bundling. The size of the market can be envisioned by considering the regularly expanding sustenance items. The market is delicate to a few factors, for example, the kind of food delivered and the handling technique utilized. Processed food offers advantages like enhanced taste, improved shelf life, low risk of contamination and easy portability.

Asia-Pacific Food Processing Machinery is driven by factors like ever rising demand for food as a result of booming population, rising demand for processed foods, increasing disposable incomes, changing preference of consumers towards packaged foods as a result of increased awareness about their benefits among others. However, this market faces challenges like consumers concerned about loss of nutrients as food is processed, addition of genetically engineered ingredients. These factors may act as growth hurdles for the Food Processing Machinery in certain regions.

This Research Report on Asia Pacific food processing machinery market is segmented, and sub segmented into following categories

Asia Pacific Food Processing Machinery Market By Type

• Thermal
• Cutting & Peeling
• Extraction
• Mixer
• Blender & Homogenizer
• Others

Asia Pacific Food Processing Machinery Market By Mode of Operations

• Semi-automatic
• Automatic

Asia Pacific Food Processing Machinery Market By Application

• Bakery & Confectionery
• Meat
• Poultry & Seafood
• Dairy
• Beverages
• Others

In this particular segment meat, poultry & seafood segments have the highest share accounting to around 30%. 

Asia Pacific Food Processing Machinery Market By Region 

• India
• China
• Rest of APAC

China has the largest market share in this region as well as the fastest growing, followed by India. Rising disposable incomes and populations, urbanization and rising middle-class are responsible for the huge growth of this market in these regions. The Indian government has taken some initiatives in order to propel the growth by processing funds into this market.

KEY MARKET PLAYERS

Some of the major competitors dominating the Asia-Pacific food processing market are Anko Food Machine Co. Ltd., Berkshire Hathaway Inc., Bucher Industries, John Bean Technologies Corporation (JBT), Hosokawa Micron Corp., GEA Group, Mallet & Company, Inc., NICHIMO CO., LTD., SPX Corporation, and Tetra Laval International S.A.