Food and Beverage Packaging Machinery Market by End-user and Geography - Forecast and Analysis 2022-2026

The food and beverage packaging machinery market share is expected to increase to USD 1.66 billion from 2021 to 2026, at a progressing CAGR of 4.89%.

This food and beverage packaging machinery market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers food and beverage packaging machinery market segmentations by the following:

• End-user - Food industry and beverage industry 
• Geography - APAC, Europe, North America, South America, and Middle East and Africa

The food and beverage packaging machinery market report also offers information on several market vendors, including Bajaj Processpack Ltd., Combi Packaging Systems LLC, Duravant LLC, GEA Group Aktiengesellschaft, Geo Project Industries SRL, Illinois Tool Works Inc., IMA Industria Macchine Automatiche Spa, KRONES AG, MULTIVAC Sepp Haggenmuller SE and Co. KG, Nichrome Packaging Solutions, Pro Mach Inc., Salzgitter AG, SAMA Engineering, SELO BV, Syntegon Technology GmbH, The Tetra Laval Group, Triangle Package Machinery, VELTEKO sro, and WeighPack among others.

What will the Food and Beverage Packaging Machinery Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Food and Beverage Packaging Machinery Market Size for the Forecast Period and Other Important Statistics

 

Which are the Key Regions for Food and Beverage Packaging Machinery Market?

For more insights on the market share of various regions Request for a FREE sample now!

53% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for food and beverage packaging machinery in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The exponential population growth, increasing goods consumption by the middle-class population, and the rise of m-commerce and e-commerce will facilitate the food and beverage packaging machinery market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic adversely affected the growth of several end-use industries in 2020, including food and beverage. Several countries in APAC, such as China, India, Japan, and South Korea, imposed strict lockdowns in Q1 and Q2 of 2020, which resulted in the temporary closure of end-use industries such as restaurants, hotels, and retail stores in the region. However, the easing of lockdowns and large-scale vaccination drives in several countries in APAC, including India, Japan, and China, and the resumption of operations in various end-user industries, such as food and beverages processing, in 2021 led to the growth of the regional F&B packaging machinery market. Such factors are expected to propel the market growth in APAC during the forecast period.

What are the Revenue-generating End-user Segments in the Food and Beverage Packaging Machinery Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The food and beverage packaging machinery market share growth by the food industry segment will be significant during the forecast period. The significant increase in the demand for packaged food from consumers owing to their changing eating habits and lifestyles will drive the market growth through this segment in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the food and beverage packaging machinery market size and actionable market insights on post COVID-19 impact on each segment.

Food and Beverage Packaging Machinery Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing demand for packaged F&Bs is notably driving the food and beverage packaging machinery market growth, although factors such as high installation costs may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the food and beverage packaging machinery industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Food and Beverage Packaging Machinery Market Driver

One of the key factors driving the global food and beverage packaging machinery industry growth is the growing demand for packaged F&Bs. The rapidly rising global population and the growing demand for packaged F&Bs due to changing consumer preferences are major factors driving the demand for packaging solutions. The rise in dual-income households and long working hours have increased the demand for packaged food, especially ready-to-eat food products, snacks, and beverages. The demand for good-quality packaged foods is also increasing owing to the increasing disposable income in countries such as China, India, and Brazil. Furthermore, the growing consensus among manufacturers around food safety has increased the importance of proper packaging. As packaging machines play a vital role in ensuring product safety throughout the supply chain, the demand for packaging machines will drive the global F&B packaging machinery market during the forecast period.

Key Food and Beverage Packaging Machinery Market Trend

Rapid automation of processing plants is one of the key food and beverage packaging machinery market trends that is expected to impact the industry positively in the forecast period. Manufacturers have started using advanced automation and robots in various stages of the production process. Automation and analytics enable the collection of such information from the entire value chain of the F&B industry and facilitate the protection of end-products from damage and contamination. As the F&B industry is highly regulated, manufacturers must comply with various guidelines and recommendations for ensuring public health safety, which involves high costs. Hence, F&B companies are increasingly partnering with external vendors for automated setups and tools that enable effective risk management and reduce operational costs associated with manual processes. Thus, the integration of robotic automation is expected to provide various legal and financial benefits to the capital-intensive F&B industries. 

Key Food and Beverage Packaging Machinery Market Challenge

One of the key challenges to the global food and beverage packaging machinery industry growth is the high installation costs. Packaging processes can have a wide mix of machines performing different functions in different industries, including F&B. Machines can vary in size but still perform the same basic functions. The overall cost of a typical packaging machine is high and can vary depending on its function and usage. The requirements of each end-user are different, and depending on the requirement, the packaging machinery implementation and installation cost can also vary. Factors such as high production volume, complex packaging needs, and the production of different products in the same plant affect the cost and increase the installation cost. The average cost of a fully automated packaging machine starts from USD 30,000 up to a million dollars. The cost of a semi-automatic packaging machine may vary between USD 10,0000 and USD 50,000. Such factors may limit the market growth during the forecast period.

This food and beverage packaging machinery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global food and beverage packaging machinery market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the food and beverage packaging machinery market during the forecast period.

Who are the Major Food and Beverage Packaging Machinery Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Bajaj Processpack Ltd.
• Combi Packaging Systems LLC
• Duravant LLC
• GEA Group Aktiengesellschaft
• Geo Project Industries SRL
• Illinois Tool Works Inc.
• IMA Industria Macchine Automatiche Spa
• KRONES AG
• MULTIVAC Sepp Haggenmuller SE and Co. KG
• Nichrome Packaging Solutions
• Pro Mach Inc.
• Salzgitter AG
• SAMA Engineering
• SELO BV
• Syntegon Technology GmbH
• The Tetra Laval Group
• Triangle Package Machinery
• VELTEKO sro
• WeighPack

 

This statistical study of the food and beverage packaging machinery market encompasses successful business strategies deployed by the key vendors. The food and beverage packaging machinery market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.

Product Insights and News

• GEA Group Aktiengesellschaft - The company offers food and beverage packaging machines such as aseptic filling, automatic powder fillers, and continuous heat sealers.
• GEA Group Aktiengesellschaft - Under the separation and flow technologies segment, the company encompasses GEA process engineering components and machines that are at the heart of so many production processes: separators, decanters, homogenizers, valves, and pumps.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The food and beverage packaging machinery market forecast report offer in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Food and Beverage Packaging Machinery Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the food and beverage packaging machinery market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

 

Food and Beverage Packaging Machinery Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.89%
Market growth 2022-2026	$ 1.66 billion
Market structure	Fragmented
YoY growth (%)	3.66
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 53%
Key consumer countries	US, China, Japan, Germany, and Italy
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Bajaj Processpack Ltd., Combi Packaging Systems LLC, Duravant LLC, GEA Group Aktiengesellschaft, Geo Project Industries SRL, Illinois Tool Works Inc., IMA Industria Macchine Automatiche Spa, KRONES AG, MULTIVAC Sepp Haggenmuller SE and Co. KG, Nichrome Packaging Solutions, Pro Mach Inc., Salzgitter AG, SAMA Engineering, SELO BV, Syntegon Technology GmbH, The Tetra Laval Group, Triangle Package Machinery, VELTEKO sro, and WeighPack
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request for a FREE sample

What are the Key Data Covered in this Food and Beverage Packaging Machinery Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive food and beverage packaging machinery market growth during the next five years
• Precise estimation of the food and beverage packaging machinery market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the food and beverage packaging machinery industry across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of food and beverage packaging machinery market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch