Food Product Machinery Manufacturing
Companies in this industry manufacture machinery used to process and produce foods and beverages. Major companies include Barry-Wehmiller, Duravant, JBT Corporation, Paul Mueller, and SPX Flow (all based in the US), as well as Anko Food Machine (Taiwan), Bühler AG and Tetra Laval (Switzerland), and GEA Group and KRONES AG (Germany).
Worldwide, demand for food processing machinery is forecast to rise nearly 4% per year through 2023, reaching about $69 billion, according to Allied Market Research. Growth drivers include rising demand for processed foods in the developing world and for high-value foods like meats and dairy products worldwide.
The US food product machinery manufacturing industry includes about 480 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $5 billion.
Makers of equipment used in restaurant kitchens and other commercial food service settings are not covered in this profile.
Demand is driven by food consumption, which depends on population growth and economic conditions. The profitability of individual companies depends on efficient operations and effective marketing. Large companies enjoy economies of scale in purchasing and an ability to offer a wide range of products, including complete food processing machinery systems. Small companies can compete by offering specialized or niche products. The US industry is concentrated: the top 50 companies account for about 70% of industry revenue.
Imports of food product machinery, which primarily come from Germany, Italy, the Netherlands, Canada, and China account for about 30% of the US market. Exports account for about 20% of US production of food product machinery. About 20% of those exports go to Canada; other leading markets for US exports include Mexico, Netherlands, the UK, and China.
Products, Operations & Technology
Major product categories include machinery used to produce baked goods, dairy products, meats, vegetables, beverages, and edible oils. Other products include
Sales & Marketing
Finance & Regulation
Regional & International Issues
Also includes the following chapters:
Quarterly Industry Update
Trends and Opportunities
Call Preparation Questions
Glossary of Acronyms