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Increased demand for processed foods is likely to encourage innovation in the production of food processing machinery, propelling the market during the forecast period.

The global food processing machinery market is expected to grow from $54.26 billion in 2022 to $57.96 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The global food processing machinery market size is expected to reach $73.29 billion in 2027 at a CAGR of 6.0%.

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Global Food Processing Machinery Market Segments Include:

• By Type: Depositor, Extruding Machines, Mixers, Refrigeration, Slicers And Dicers, Other Types
• By Mode Of Operation: Semiautomatic, Fully Automatic
• By Application: Bakery And Confectionery, Meat, Poultry And Seafood, Dairy, Beverages, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global food processing machinery market in 2021.

Major Market Players in the food processing machinery market include Tetra Laval International S.A., SPX Corporation, Nichimo Co Ltd., GEA Group AG, Hosokawa Micron Corp., John Bean Technologies Corporation (JBT), Heat and Control Inc.

Product innovations are the most prominent trends in the food processing machinery sector. To maintain their market position, major players in the food processing machinery market are offering innovative products. For example, GE Appliances, a US-based home appliance maker, will release the GE Profile smart mixer with Auto Sense technology in December 2022. The new product is a smart appliance that can be controlled using voice commands from Google or Alexa. The product’s distinguishing feature is its auto-sense technology, which allows it to detect changes in the viscosity of the mixture and stop accordingly. Auto-Sense technology can detect changes in the viscosity of your mixture and streamline the process by using torque sensors. The feature works in conjunction with the SmartHQ app, where you can select from guided recipes that detail the procedure step by step.

The Food Processing Machinery Global Market Report 2023  provides a food processing machinery market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The food processing machinery market forecast analyzes food processing machinery market size, food processing machinery market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Food processing machinery is a broad category of equipment, tools, and machines intended and utilised specifically for the processing, preparation, handling, packing, and preservation of food products. These food processing instruments are used for a wide range of food products, including baked foods, drinks, and dairy products.

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