Middleby Corporation has announced the strategic acquisition of Escher Mixers This will reinforce Middleby's position on the market and allow it to provide comprehensive and efficient integrated solutions, resulting in increased production capacity, cost savings as well as better quality of baked goods.
Krones Inc, in 2020, announced the launch of the Krones Process Group in North America, to provide a more comprehensive offering to the beverage, dairy, and food sectors in North America, Central America, and the Caribbean.
Author Credits: Parul Atri
Report ID: 6014
Published Date: Nov 08, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of food processing equipment is evaluated at USD 56.93 billion.
The food processing equipment market size was valued at USD 55.12 billion in 2024 and is set to exceed USD 92.93 billion by 2037, expanding at over 4.1% CAGR during the forecast period i.e., between 2025-2037. The growing demand for processed food and the growing global population will drive the market growth.
Asia Pacific industry is anticipated to dominate majority revenue share of 35% by 2037, due to rising substantial presence of market players in the region.
The major players in the market include Tetra Laval International S.A., Alfa Laval, Krones AG, JBT Corporation, SPX Flow Inc., LEHUI, Equipamientos Cárnicos, S.L. (MAINCA), FENCO Food Machinery s.r.l., Bigtem Makine A.S., The Middleby Corporation