The global fruit processing equipment market size is expected to grow from US$ 3,800 Million in 2023 to US$ 6,934.7 Million by 2033. Furthermore, with rising production and consumption of various fruits across the globe, the overall sales of fruit processing equipment are projected to rise at 6.2% CAGR throughout the forecast period of 2023 and 2033.
Fruit processing equipment refers to advanced processing technologies used to handle, clean, peel, prepare, cook, store, and package fruit products. These machines process and convert raw fruits into consumable fruit products with longer shelf lives. As a result, they are being increasingly employed across fruit processing industries.
Various types of fruit processing equipment are being used by fruits and processing companies for pre-processing, peeling, slicing, washing, filling, handling, and packaging applications. This equipment helps them in improving productivity and reduce the risk of contamination.
Rising consumption of fruits and fruits-based products across the globe due to their various health benefits is expected to boost the global fruit processing equipment market during the forecast period.
Similarly, the growing trend of consuming processed and convenience food products and increasing food safety concerns will aid in the expansion of the fruit processing equipment market during the next ten years.
The main tactics used by many participants in the fruit processing equipment market are the development of new machines and the improvement of the current ones. Additionally, it is anticipated that increased attention will be paid to facility development, marketing strategies, and information-sharing initiatives to raise awareness of and improve the uses of fruit and vegetable processing.
Regionally, North America holds the largest market share in the global fruit processing equipment market and the trend is likely to continue during the forecast period. Rapidly growing population, rising disposable income levels, increasing consumption of processed foods, and strong presence of leading manufacturers are some of the key factors driving the North American fruit processing equipment market.
Market-o-nomics – Highlighting the Key Trends
Several influential factors have been identified that are expected to drive global fruit processing forward during the next ten years (2023 to 2033). Besides the proliferating aspects prevailing in the market, the analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats that can significantly change the course of the fruit processing equipment industry.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
- Rising demand for fruits and fruit-based products is driving the growth of the fruit processing equipment market.
- Increasing penetration of automation across fruit processing industries to propel sales of fruit processing equipment during the next ten years.
- Growing consumer inclination towards high-nutrient foods with a longer shelf life is expected to aid in the expansion of the fruit processing equipment market.
- The rise in the export of fruits and vegetables will bode well for the market over the next decade.
RESTRAINTS
- The high cost of fruit processing equipment is emerging as a key factor limiting market expansion.
- The lack of advanced fruit processing machinery across lower economies is also negatively impacting the global fruit processing equipment market.
OPPORTUNITIES
- Advancements in fruit processing technologies to generate lucrative growth avenues within the global fruit processing equipment market.
- Favorable government support is another factor that is expected to push the demand for fruit processing equipment during the projected period.
THREATS
- The lack of required infrastructure across some developing and underdeveloped nations is likely to inhibit growth in the coming years.
- Fluctuations in fuel costs that are used to run fruit processing equipment may also limit market expansion during the projected period.
Country-wise Insights
How is the USA Fruit Processing Equipment Market Shaping?
Booming Export of Fruits and Vegetables Pushing Demand in the USA
The US fruit processing equipment market reached a valuation of US$ 1,216.0 Million in 2023 and it currently accounts for around 72% of the overall North American fruit processing equipment market. This is due to a boom in fruit orchids across the United States, increasing export of fruits, and rising adoption of advanced fruit processing technologies by end-use industries.
Various processed fruits like avocados, peaches, pears, etc. are hitting the supermarket in the USA in large numbers which are pushing the farms to process more and more organic fruits. This will eventually drive the fruit processing equipment market forward during the next ten years.
Similarly, the rise in the export of fruits along with the growing need for the increased shelf life of fruit-based products will continue to generate demand for fruit processing technologies across the country during the forecast period.
According to the USA Department of Agriculture (USDA), the value of US fresh fruit and vegetable exports to the world reached US$ 6.9 billion in 2020 which is expected to further surge during the upcoming years. This will generate lucrative opportunities for leading fruit processing equipment manufacturers.
What Makes the UK a Lucrative Fruit Processing Equipment Market Across Europe?
Growing Trend of Consuming Nutrient-rich Food Products Driving the UK Market
The UK fruit processing equipment market size reached approximately US$ 332.1 Million in 2023 and it is poised to exhibit a steady growth rate during the next ten years.
Growth in the UK fruit processing equipment market is driven by the rapid expansion of the fruit processing industry, growing consumption of nutrient-dense food, and increasing penetration of automation across food manufacturing companies.
Similarly, favorable government support and technological advancements in fruit processing technology will further aid in the expansion of the USA fruit processing equipment market during the next ten years.
How Will Fruit Processing Equipment Market Fare in China?
Rising Consumption of Fruit-based Products Propelling Sales in China
According to FMI, China’s fruit processing equipment machine market is valued at US$ 255.4 Million and holds around 32% of the Asia Pacific fruit processing equipment market.
Rapidly growing population, changing eating habits, and growing consumption of fruits-based products such as jams, juices, sweets, etc. are some of the key factors driving the growth of the China fruit processing equipment market.
Furthermore, the increasing number of fruit orchids and rising government initiatives to help fruit growers to meet increasing consumer demands are expected to boost sales of fruit processing equipment during the assessment period.
Category-wise Insights
Which Equipment Type is Gaining Traction in the Global Fruit Processing Equipment Market?
Demand Remains High for Pre-processing Equipment Type
Based on equipment type, the global fruit processing market is segmented into pre-processing, peeling/inspection/slicing, washing & dewatering, fillers, packaging & handling, and seasoning systems.
Among these, the pre-processing segment holds the largest share of the global fruit processing equipment market and is expected to grow significantly during the next ten years. This can be attributed to the rising adoption of pre-processing equipment in the fruit processing industry for cleaning
Fruits from farms contain dirt, germs, biocides, and other harmful substances, making them unfit for direct consumption. To make them consumable and fit for further processing, pre-processing equipment is being extensively used.
Competitive Landscape
Key Companies Profiled
GEA Group AG, Bühler, Alfa Laval, JBT Corporation, Syntegon Technology GmbH, Krones AG, Marel, Bigtem Makine A.S., FENCO Food Machinery S.R. L., ANKO FOOD MACHINE CO.LTD, Heat and Control, Inc., Finis, Conagra Brands, Greencore Group, Nestlé S.A, Olam International, The Kraft Heinz Company, PepsiCo Inc., AGRANA Group, Bonduelle, Dole Food, SVZ International B.V., Sahyadri Farms, Diana Group S.A.S., RAJE AGRO FOODS PRIVET LIMITED
Leading players operating in the fruit processing equipment market are focused on introducing new and improved fruit processing machines to meet end-user demand. Besides this, they are adopting strategies such as new product launches, mergers, acquisitions, and collaborations to gain a competitive edge in the market. For instance,
- Bühler and the German research institute DIL Deutsches Institut für Lebensmitteltechnik e. V. joined together in June 2021 to create innovative manufacturing techniques for wholesome and environmentally friendly food products.
- With the purchase of Taiyo Kagaku Co.’s fruit preparations business in September 2021, the Austrian food manufacturer Agrana increased its market share in Asia. Following the agreement, Agrana will also purchase Taiyo Kagaku’s fruit processing facility in Yokkaichi, southern Japan.
These insights are based on a report on the Fruit Processing Equipment Market by Future Market Insights.
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