Hot Food Processing Equipment Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Hot Food Processing Equipment Market is Segmented By Type (Baking Equipment, Evaporation Equipment, Frying Equipment, Blanching Equipment, Sterilization Equipment, Roasting Equipment, Others), By Mode of Operation (Automatic, Semi-Automatic, Manual, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Report Overview

Global Hot Food Processing Equipment Market is estimated to reach at a CAGR of 6.53% during the forecast period (2024-2031).

Hot food processing equipment are employed for food and food product applications ranging from bakery goods to beverages and dairy to produce, a wide range of food processing equipment is available to execute the various unit operations necessary during a complete production cycle, such as washing, separating, mixing, baking, freezing, and sealing. These systems are used to handle, prepare, cook, store and package food and food products. This equipment can be designed and constructed to handle solid, semi-solid, or liquid food products by batch or continuously depending on the demands of operation. Some of the other design considerations include the food grade material used for construction, hygienic and governmental standards, sizing, cost, and integration of automation or analytical components and choosing the optimal design and construction is dependent on the specifications and requirements of the particular food processing application. The growing demand for packaged food, fast food is expected to boost the growth of the market.

Hot Food Processing Equipment Market Summary

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Hot Food Processing Equipment Market Dynamics

Rising convenience towards packaged foods owing to the busy schedules

Hectic lifestyle particularly in developed regions has resulted in a shift in consumer preference towards bread and baked convenience foods along with the rapid urbanization. Constantly changing consumer preferences have encouraged companies to continuously develop different products to cater to the growing demand which is driving the demand for hot food processing equipment. The demand for packaged baked goods like cookies and doughnuts has increased. Along with this there are many different types of breakfast items that can offer the energy needed to start the day. Increase of western culture in some countries, has increased the sales of packaged food items. As donuts are available in many flavors such as strawberry, chocolate, blueberry, glazed and others have propelled the consumer preferences thus, increasing the sales of the product. Thus, all these factors are propelling the sales of the product as this equipment reduces, enlarges, homogenizes and changes the physical form of solid, semi-solid, and liquid food matter used in backing.

Hot Food Processing Equipment Market Segmentation Analysis

Baking segment accounted for the highest share in global hot food processing equipment market

In 2021, baking segment dominated the market, accounting for YY% of global sales. 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. Manufacturers are always introducing new processing techniques to produce complex bakery products of different shapes and sizes, thereby focusing on catering to the increasing demand from the processed food industry and consumers which is highly impacting the innovations. Increasing focus on the expansion of facilities, marketing schemes, and information exchange programs to create awareness and enhance the applications of bakery processing along with the development of new machinery and enhancement of the existing ones are the key strategies adopted by many players in the market which are driving the market.

Hot Food Processing Equipment Matrket Geographical Share

Europe is the dominating region during the forecast period

Europe is projected to be the dominating region due to the increasing demand for baked and packaged food items are highly in traction in the countries such as UK, Germany, Italy and other countries. Due to the increased presence of important bakeries and the increased manufacturing footprint of baked products in Europe. The increasing demand for packaged bakery food products in Germany is a major factor boosting the Germany hot food processing equipment market. According to BBM, German bread culture has a special space and it is the world leader in the field of various bakery products protected by UNESCO as a cultural heritage owing to the quality, diversity, and distinctness of bread types and more than 3,200 different types of bread are baked every day. Top claims, in the past seven years, for bakery products in the United Kingdom were vegetarian, eco-friendly package, and no additives/preservatives with a rising trend of clean labeling has also encouraged the key market players to produce bakery products with minimal ingredients. According to the Food Research lab, around 80% of the bread sold in the UK is produced by the most significant (plant) baking enterprises and about 17 per cent is made by in-store bakeries (ISBs) within supermarkets, while high-street retail (craft) bakers have the rest. All these factors are propelling the growth of the market in Europe region.

Hot Food Processing Equipment Market Companies and Competitive Landscape

There are several established participants in the industry and local manufacturers; hence, the market is fragmented. Some major key players are Buhler AG, GEA Group, Marel, The Middle by Corporation, JBT, SPX Flow, Alfa Laval, Heat & Control, Inc., TNA Australia Pty Ltd., BMA AG. Some of the major key players are focusing on developing new technological solutions. For instance, in January 2022, In February 2022, Marel, an Iceland-based food processing solutions company, acquired Curio for an undisclosed amount and through this acquisition, Marel’s strategic goal is to be the one-stop shop for food processors looking for high-tech solutions, software, and services.

COVID-19 Impact:

Negative impact on the global hot food processing equipment market

Due to lockdown, during the start of 2020, sales of non-edible products such as disinfectants, toilet paper, paper goods, and hand sanitizer were high in demand. Food security, food safety, and food sustainability have been considerably affected during the COVID-19 pandemic and it projected to have a significant impact on the market, as it has highlighted the significance of safe, healthy, and nutritive eating. The sales of edible products such as bakery, meat products, and many others were up to the mark as the supply of bakery products was insufficient as many of the bakers have shut operations due to shortage of labors along with the mass production shutdowns and supply chain disruptions.During the COVID-19 pandemic, most people worked from home, and due to government restrictions, hotels and restaurants were closed, which moved consumers to not to move towards the bakeries. Some of the other reasons which led to decrease in sales of hot food processing equipment food during the pandemic are the high dependence on self-made food due to the fear of COVID-19 virus and lockdown which forced people not to move out of their houses. However, there is a boost to the bakeries globally post the COVID-19 pandemic which is anticipated to grow further in the forecast period.

The global hot food processing equipment market report would provide an access to approximately 61 market data tables, 45 figures and 170 pages