Global Prepared Food Equipment Market Size is valued USD 14.4 Bn in 2024 and is predicted to reach USD 30.2 Bn by 2034 at 7.8% CAGR during the forecast period for 2025-2034.
Prepared food is described as food that is being created for immediate consumption. Equipment indulgence is a crucial step in the preparation of prepared meals. The market for prepared food equipment is expanding as a result of factors like increased consumer demand for ready-to-eat food, rising consumer disposable income, and rising investments in food processing equipment R&D.
On the other hand, the expanding global food retail sector will in the period mentioned above continue to open up new chances for the prepared food equipment market. Moreover, brightly coloured ovens and fryers are examples of these innovative designs. In addition, the latest technology substitutes sleek touchscreens for large buttons and knobs. However, the market for prepared food equipment will be constrained during the time mentioned earlier by high initial installation costs and a lack of constant electricity in rural locations.
The prepared food equipment market is segmented based on type, application, and modes of operation. Based on type, the market is bifurcated into cleaning, sorting, and grading equipment, peeling and cutting equipment, and others (conveying, picking, and placing). Based on application, the market is divided into snacks & savory products, prepared meals, sauces, dressings & condiments, bakery & confectionery products, dairy & refrigerated products, and meat & seafood products. The market is divided into automatic, semi-automatic, and manual on the bases of operation.
The snacks and savory product segment is anticipated to dominate the market during the forecast period. Every household consumes snacks & savory products as it is easily available and tasty for consumption. With the growing concerns for healthy food options, varieties of snacks are made available, gluten-free, lactose-free, and rich in nutrients. The shift in consumer preferences toward savory snacks and the consumer's growing interest in the increasingly popular personalized foods made with specific components. Snacks and savory goods are typically produced using prepared food equipment. Food that has been prepared is designed to be eaten right away. Also, people with sweet cravings always have a high demand for snacks.
The semi-automatic segment is expected to dominate the market during the forecast period. The growth in this segment is because of technological advancements. Focus shifting from a long time lag to a decrease in time lag in the production process also significantly drives this segment to grow. The growth in this segment can be attributed to technological developments; small pack sizes, shifting consumer preferences, and the decrease in the time lag in the production process are significant factors influencing the growth of the prepared food equipment market.
Asia-Pacific holds a dominant position in the market for prepared food equipment. Due to the region's shifting fashion trends and the rising disposable income of young people. The expanding retail sector and rising number of professionals will likely drive up demand for prepared food equipment in the Asia Pacific. The Asia-Pacific market is anticipated to be driven by equipment innovations for prepared foods, and North America is anticipated to expand shortly. The main drivers behind the expansion of the prepared food equipment market globally are the wide-ranging acceptance and accessibility of prepared food equipment in the US, Canada, and Mexico, as well as their growth potential due to the region's rapid adoption of new technologies and booming automation market.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 14.4 Bn |
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Revenue forecast in 2034 |
USD 30.2 Bn |
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Growth rate CAGR |
CAGR of 7.8% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Million, and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments covered |
Type, Application, And Modes of Operation |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; South East Asia |
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Competitive Landscape |
GEA Group, Alfa Laval, JBT Corporation, SPX FLOW, Tetra Laval, Dover Corporation, Robert Bosch, Krones, Middleby Corporation, and Ali Group. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Prepared Food Equipment Market Snapshot
Chapter 4. Global Prepared Food Equipment Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Product Type:
5.2.1. Cleaning, sorting, and grading equipment
5.2.2. Peeling and cutting equipment
5.2.3. Others (conveying, picking, and placing)
Chapter 6. Market Segmentation 2: by Modes of operation Estimates & Trend Analysis
6.1. by Modes of operation & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Modes of operation:
6.2.1. Automatic
6.2.2. Semi-automatic
6.2.3. Manual
Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis
7.1. by Application & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Application:
7.2.1. Snacks & savory products
7.2.2. Prepared meals
7.2.3. Sauces, dressings & condiments
7.2.4. Bakery & confectionery products
7.2.5. Dairy & refrigerated products
7.2.6. Meat & seafood products
Chapter 8. Prepared Food Equipment Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.1.2. North America Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Modes of operation, 2021-2034
8.1.3. North America Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.1.4. North America Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.2.2. Europe Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Modes of operation, 2021-2034
8.2.3. Europe Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.2.4. Europe Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.3.2. Asia Pacific Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Modes of operation, 2021-2034
8.3.3. Asia-Pacific Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.3.4. Asia Pacific Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.4.2. Latin America Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Modes of operation, 2021-2034
8.4.3. Latin America Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.4.4. Latin America Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.5.2. Middle East & Africa Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Modes of operation, 2021-2034
8.5.3. Middle East & Africa Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
8.5.4. Middle East & Africa Prepared Food Equipment Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Alcoa Corporation
9.2.2. Alfa Laval
9.2.3. Ali Group
9.2.4. Anglo American
9.2.5. AngloGold Ashanti
9.2.6. Antofagasta plc
9.2.7. Barrick Gold
9.2.8. BHP
9.2.9. CODELCO
9.2.10. Dover Corporation
9.2.11. First Quantum Minerals Ltd.
9.2.12. Freeport-McMoRan
9.2.13. GEA Group
9.2.14. Glencore
9.2.15. Gold Fields
9.2.16. Goldcorp
9.2.17. JBT Corporation
9.2.18. Jiangxi Copper Corporation Limited
9.2.19. Kinross Gold
9.2.20. Krones
9.2.21. Lundin Mining Corporation
9.2.22. Middleby Corporation
9.2.23. Newcrest Mining Group
9.2.24. Newmont Goldcorp
9.2.25. Polyus Gold International
9.2.26. Randgold Resources
9.2.27. Rio Tinto
9.2.28. Southern Copper
9.2.29. Robert Bosch
9.2.30. SPX FLOW
9.2.31. Teck Resources Limited
9.2.32. Tetra Laval
9.2.33. United Company Rusal Plc
9.2.34. United States Steel Corporation
9.2.35. Vale
9.2.36. Vedanta Resources Limited
9.2.37. Other Prominent Players
By Type-
By Application-
By Modes of operation-
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
