Hot Food Processing Equipment Market Size, Share & Trends Analysis Report By Type (Baking), By Mode of Operation (Automatic), By End User, By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global hot food processing equipment market size was valued at USD 20.82 billion in 2021 and is expected to exhibit a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. The rising demand for fast food and packaged food is expected to prompt manufacturers to expand their production capabilities, thereby augmenting the demand for hot food processing equipment during the forecast period.

The COVID-19 pandemic has resulted in a significant shift in consumer demand, away from fast food service, cafes, bars, and restaurants, towards food consumed at home, necessitating significant modifications in the way food supply chains operate. This has boosted the demand for processed foods and nudged food manufacturers to adopt food processing equipment technology to meet the growing demand.

The growing urban population in the U.S. has influenced food preferences, thereby boosting the processed food demand. Furthermore, the market in the U.S. is undergoing a transition owing to the COVID-19 pandemic as players in this space undertook strategic acquisition and capacity expansion to meet the increasing demand for food.

Hot food processing equipment is essential in food processing. The advantages include the inactivation of food-borne pathogens and harmful constituents, as well as the extension of shelf life, improved bioavailability, taste, flavor, and enhanced functional properties such as improved levels of antioxidants. Growing demand for food and beverages is expected to boost the growth of the hot food processing equipment market during the forecast period.

Rising disposable incomes and a growing younger population with higher spending means is likely to drive the market for processed foods thereby aiding the industry growth. Preference for healthy meals and the rise of veganism among the younger population is projected to provide a good industry outlook, as food makers are likely to capitalize on the rising demand.

The supply chain disruptions caused by the COVID-19 pandemic in 2020, coupled with the ongoing Russia-Ukraine crisis, have resulted in augmented steel prices. Volatility in the prices of steel reduces the profit margins of process equipment makers and raises final equipment prices, thus restricting industry expansion to some extent.

Type Insights

Baking equipment has led the industry and accounted for 20.8% of the global revenue share in 2021. The demand for bakery items is expected to witness augmentation owing to the increasing consumption of ready-to-eat foods attributed to the consumers' hectic lifestyles. Furthermore, rising snack consumption is likely to boost the demand for cakes and pastries. Increasing demand for bakery products is expected to drive the hot baking equipment market growth.

The different types of sterilization equipment include heat sterilization, steam sterilization, and irradiation. Sterilization equipment manufacturers like JBT Corporation and Allpax Products are focusing on providing automation solutions to processed food manufacturers in order to meet their changing requirements, thereby driving the equipment demand across the globe significantly.

The demand for dehydrators is expected to witness a CAGR of 7.2% during the forecast period. One of the most effective ways to extend the shelf life and preserve food is to dehydrate it. Food dehydrators use a fan to heat food to a specific temperature in order to remove moisture. This is useful in trade since it saves a lot of shelf space and greatly reduces the weight of the food, and it is extensively utilized by exporting enterprises.

Fryers are mostly used to improve the eating quality of the food. Fried foods, such as potato crisps, maize, and other potato snack foods, have a storage life of up to 12 months at room temperature. The quality is maintained by using packaging materials with suitable barrier qualities and storing them properly. Increasing demand for packaged foods is expected to drive the demand for frying equipment during the forecast period.

Mode of Operation Insights

Automatic segment led the market and accounted for 54.8% of the global hot food processing equipment revenue in 2021. The advantages of the automatic segment include more consistent food quality, high food stability & safety, greater compliance with legal & customer specifications, and efficient operation.

Manufacturers of processed foods are now adopting automation in food technologies, such as evaporators, ovens, pasteurizers, heat exchangers, and sterilizers among others, which can enhance traditional manufacturing technologies to deliver high-quality food products. Automation helps maintain consistent color, texture, flavor, and processing method of the food.

Semi-automatic segment is expected to witness growth at a CAGR of 5.8% during the forecast period. Semi-automated manufacturing lines physically transfer food raw ingredients from a designated preparation station to the production line while preparing the processed food in an automated manner.

The advantages of semi-automatic include line flexibility and the ability to not require the complete processing equipment to be shut down in the event of maintenance. Semi-automatic segment has a lower initial cost and is easier to install & clean than automatic products. In a semi-automatic process, continuous improvement is possible, which presents an opportunity to change the process when needed.

End-User Insights

The food processing industry segment has led the market and accounted for 56.9% of the global hot food processing equipment market revenue share in 2021. The food processing sector is witnessing strong growth owing to the rising global food demand coupled with the demand for high-quality food and sustainability.

Consumers are increasingly choosing high-value items that meet a variety of criteria such as flavor, time-saving, and convenience. At the same time, improving living standards and urbanization are expected to drive the demand for more value-added food products. This is expected to propel the consumption of processed and packaged foods, in turn, driving the demand for the industry.

The demand for the foodservice industry is likely to exhibit a CAGR of 6.8% during the forecast period. Food service outlets are establishments that serve meals and snacks for on-the-spot consumption. Full-service restaurants, quick food outlets, cloud kitchen cafeterias, and other businesses that prepare and sell food to the public are included in this category.

Fast-food establishments and quick-service restaurants have evolved into key providers of mass-produced cuisine, thus, drawing a rising number of individuals to try their services. Growing demand for the fast foods, cloud kitchens, vending machines, and other services is expected to create demand for the hot food processing equipment throughout the forecast period

Regional Insights

Asia Pacific led the market and accounted for 35.6% of the global revenue share in 2021. The rising middle-class population coupled with their growing spending power, increasing preference for processed food products among millennials, growing health awareness, in addition to the increased interest of foreign investors in the region are cumulatively projected to favor the growth of the industry within the Asia Pacific.

Europe emerged to dominate the food and beverage sector., Companies can take advantage of growth prospects because of the demand and supply of processed foods, as well as a robust and distributed network. Industry expansion is aided by a variety of appealing marketing, promotions, and other related operations. The hot food processing equipment industry has grown as a result of rising health consciousness, dietary trends, and customer preferences for the food and beverages.

Central & South American region is expected to witness a CAGR of 6.7% during the forecast period. Factors such as rapid urbanization and increased spending capacities of the consumers in countries like Argentina, Brazil, and Chile have contributed significantly to the growth of the food & beverage industry. Rising demand for the new flavors and cuisines in food & beverage products is expected to have a positive impact on the growth of the industry in the coming years.

The rapid urbanization in South Africa is expected to have a positive impact on the food & beverage industry, mainly on account of the changing food consumption trends. Increasing fast-food sales, especially burgers, are augmenting the demand for baked buns. The local bakeries have tie-ups with restaurants and fast-food outlets to provide these burger buns, which drives the demand for ovens and other bakery processing equipment.

Key Companies & Market Share Insights

To enhance market penetration and cater to the changing technological requirements from various applications such as bakery, poultry, seafood, pet food, fruits, and vegetables, the manufacturers adopt several strategies, including acquisitions, mergers, joint ventures, new product developments, and geographical expansions.

The outbreak of the COVID-19 has prompted hot food processing equipment manufacturers to strengthen online marketplaces for services and spare part availability. For instance, in January 2022, Bühler AG owned Ben Link partnered with Alfa Laval, which will allow Alfa Laval to gain access to Ben Link digital crowd platform, which has 4,000 local and qualified field technicians based in Europe, the UK, the U.S., and India. Some prominent players in the global hot food processing equipment market include:

• GEA Group Aktiengesellschaft

• Bühler AG

• Marel

• The Middle by Corporation

• JBT

• Heat & Control, Inc

• SPX Flow

• Tetra Laval International S.A

• Alfa Laval

• TNA Australia Pty Limited

• BMA BraunschweigischeMaschinenbauanstalt AG

• Bongard

• Marlen International

• Paul Mueller Company

• NICHIMO CO., LTD

Hot Food Processing Equipment Market Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global hot food processing equipment market report based on the type, mode of operation, end-user, and region:

• Type Outlook (Revenue, USD Million; 2017 - 2030)

  • Baking Equipment

  • Evaporation Equipment 

  • Pasteurization Equipment

    • Heat Exchangers

    • Pasteurizer

  • Dehydration Equipment

  • Roasting & Grilling Equipment

  • Frying Equipment

  • Sterilization Equipment

  • Blanching Equipment

  • Others

• End-User Outlook (Revenue, USD Million; 2017 - 2030)

  • Food Processing Industries

  • Food Service Industry

    • Fast food solutions

    • Restaurant

    • Cafes & Bars

    • Caterers

    • Cloud kitchens

    • Vending machine

    • Others

  •  Household

• Mode of Operation Outlook (Revenue, USD Million; 2017 - 2030)

  •  Automatic

  •  Semi-automatic

  •  Manual

• Regional Outlook (Revenue, USD Million; 2017 - 2030)

  • North America

    •  U.S.

    •  Canada

    •  Mexico

  •  Europe

    •  Germany

    •  France

    •  Italy

    •  UK

  •  Asia Pacific

    • China

    • Japan

    • India

    • Australia

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • South Africa

    • UAE