North America Hot Food Processing Equipment Market Size, Share & Industry Trends Analysis Report By End User, By Food Service Industry Type, By Mode of Operation, By Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Hot Food Processing Equipment Market would witness market growth of 5.3% CAGR during the forecast period (2022-2028).
Food processing equipment, like other industrial equipment, is prone to breakdown, performance degradation due to wear and tear over time, and obsolescence due to technological advancements. In the past, food makers resorted to inefficient breakdown maintenance, which occurred immediately after the failure was discovered, or a long time later. Foodstuffs are generally contaminated by foreign substances from damaged parts, possible microorganisms developing in harborage locations such as cracks, pockets, fissures, and lubricating liquids from, for example, broken bearings. As a result of the failure being found too late in this type of maintenance, contamination may have already occurred, resulting in food safety issues, poor product quality, and, ultimately, costly product recalls. The increased efficiency of hot food processing equipment can help users in addressing this problem.
As a result, food makers are increasingly relying on preventive and predictive maintenance to identify and mitigate premature failure. The general condition and integrity of the equipment are checked as part of preventive maintenance, which usually necessitates equipment removal. Subsequent servicing frequently necessitates further system break-in, resulting in preventive maintenance becoming a food contamination concern in and of itself. The goal of this concept is to give food makers and maintenance operators advice on how to execute proper hygiene measures when maintaining food processing utilities and equipment.
The number of food and beverage manufacturing factories in North American countries is steadily expanding. As per the Census Bureau's County Business Patterns, California had approximately 5,640 food and beverage production plants in 2016, boosting the regional market growth. In addition, the growing demand for healthy food in the United States is increasing the size of the food processing technology and equipment industry. These devices are used in food processing plants to process vast amounts of food in a short amount of time.
Food and beverage manufacturing plants use labor, machinery, energy, and scientific knowledge to transform raw agricultural supplies into goods for intermediate or final consumption. Some products could be used as inputs for additional processing, such as syrup for manufacturing soda. In 2019, these plants accounted for 15.8% of total shipments and 14.7% of total employees across all U.S. manufacturing facilities. Because intermediate inputs, mainly agricultural commodities, account for such a substantial portion of food and beverage producers' costs, value-added in the food and beverage industry accounts for a slightly smaller percentage of around 14.4 percent, of total manufacturing value-added.
The US market dominated the North America Hot Food Processing Equipment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,871.7 million by 2028. The Canada market is poised to grow at a CAGR of 7.7% during (2022 - 2028). Additionally, The Mexico market would display a CAGR of 6.8% during (2022 - 2028).
Based on End User, the market is segmented into Food Processing Industries, Food Service Industry, and Household. Based on Food Service Industry Type, the market is segmented into Restaurant, Cafes & Bars, Fast food solutions, Caterers, Cloud kitchens, and Vending Machine & Others. Based on Mode of Operation, the market is segmented into Automatic, Semi-Automatic, and Manual. Based on Type, the market is segmented into Baking Equipment, Evaporation Equipment, Pasteurization Equipment, Dehydration Equipment, Roasting & Grilling Equipment, Frying Equipment, Sterilization Equipment, Blanching Equipment, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alfa Laval AB, John Bean Technologies Corporation, GEA Group AG, Marel Ltd., Tetra Laval International S.A. (Delaval), SPX Flow, Inc., Buhler Group, Marlen International (Duravant LLC), Heat and Control, Inc., and TNA Australia Pty Limited.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Food Processing Industries
- Food Service Industry
- Restaurant, Cafes & Bars
- Fast food solutions
- Cloud kitchens
- Vending Machine & Others
By Mode of Operation
- Baking Equipment
- Evaporation Equipment
- Pasteurization Equipment
- Dehydration Equipment
- Roasting & Grilling Equipment
- Frying Equipment
- Sterilization Equipment
- Blanching Equipment
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Alfa Laval AB
- John Bean Technologies Corporation
- GEA Group AG
- Marel Ltd.
- Tetra Laval International S.A. (Delaval)
- SPX Flow, Inc.
- Buhler Group
- Marlen International (Duravant LLC)
- Heat and Control, Inc.
- TNA Australia Pty Limited
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