The global fruit processing equipment market size is anticipated to grow from US$ 3,800 Mn in 2023 to US$ 6,934.7 Mn by 2033, with overall sales accelerating at 6.2% CAGR throughout the forecast period (2023-2033).
Rising consumption of processed fruit products across the world, growing need for extending the shelf life of fruits, and increasing penetration of automation across fruit industry are some of the key factors driving demand for fruit processing equipment in the market.
Similarly, growing focus on improving productivity and reducing overall costs across fruit processing industries is expected to boost the fruit processing equipment market. Adoption of automation in fruit processing industry has significantly cut down various costs which used to occur while processing fruits.
Furthermore, rise in the export of fruit-based products and relaxations in the export of Fruit Processing Equipment will aid in the expansion of fruit processing equipment market during the next ten years.
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Key Takeaways from the Fruit Processing Equipment Market Study:
- Based on equipment type, the pre-processing segment holds the largest market share of the global fruit processing equipment market while the packaging and handling segment is likely to grow at a higher pace during the forecast period.
- North America and Europe together hold the largest share of the global fruit processing equipment market and the trend is likely to continue during the forecast period.
- The U.S. holds around 72% of the North America fruit processing equipment market.
- The U.K. fruit processing equipment market size is currently valued at around US$ 332.1 Mn.
- Demand for fruit processing equipment across China is expected to grow at a robust pace during the next ten years.
“Rapid expansion of fruit processing industry due to changing lifestyles, growing demand for processed foods, and increasing disposable income will play a crucial role in propelling the sales of fruit processing equipment during the next ten years,” says a lead FMI analyst.
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Who is Winning?
Top players operating in the global Fruit Processing Equipment market include Marel HF, Key Technology Inc., John Bean Technologies Corporation, CTB Inc., and Baader Food Processing Machinery Inc. These companies are continuously upgrading their product portfolios by launching new and advanced fruit processing equipment.
Get Valuable Insights into Fruit Processing Equipment Market
FMI, in its new offering, provides an unbiased analysis of the Fruit Processing Equipment market presenting historical demand data (2018-2023) and forecast statistics for the period from (2023-2033). The study divulges compelling insights on the demand for Fruit Processing Equipment Market based on Product Type (Fresh, Fresh Cut, Canned, Frozen, Dried & dehydrated Convenience), Equipment Type (Pre-processing Peeling/Inspection/slicing Washing & dewatering, Fillers, Packaging & handling, Seasoning systems) across several regions.
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