Home > Packaging > Packaging Equipment > Food & Beverages Packaging Machine Market

Food & Beverages Packaging Machine Market Size

Report ID: GMI12600
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Food & Beverages Packaging Machine Market Size

The global food & beverages packaging machine market was valued at USD 14.8 billion in 2023 and is estimated to grow at a CAGR of over 3.4% from 2024 to 2032.

To get key market trends

Download Free Sample

As consumers place a growing emphasis on eco-friendly solutions, companies are being compelled to invest in packaging materials that lessen their environmental footprint. This shift has spurred a heightened demand for machines adept at processing recyclable and biodegradable materials, underscoring a broader global push towards sustainability. In turn, packaging machine manufacturers are crafting machines tailored for these materials, a trend poised to fuel ongoing innovation in the market.

Food & Beverages Packaging Machine Market Report Attributes
Report Attribute	Details
Base Year:	2023
Food & Beverages Packaging Machine Market Size in 2023:	USD 14.8 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	3.4%
2024 – 2032 Value Projection:	USD 19.8 Billion
Historical Data for:	2021 - 2023
No. of Pages:	220
Tables, Charts & Figures:	180
Segments covered:	Product Type, Packaging Type, Automation, Application, Distribution Channel, and Region
Growth Drivers:	Increasing demand for processed foods Automation and technological advancements
Pitfalls & Challenges:	High initial cost

Learn more about the key segments shaping this market

Download Free Sample

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for food & beverages packaging machine was valued at USD 14.8 billion in 2023 and is projected to reach USD 19.8 billion by 2032, driven by a CAGR of over 3.4% from 2024 to 2032.

Filling machines accounted for approximately USD 4.9 billion in revenue in 2023 and are expected to grow at a CAGR of around 3.7% from 2024 to 2032, driven by the need for speed and efficiency in high-volume production.

The U.S. market generated around USD 3.1 billion in 2023 and is forecasted to grow at a CAGR of approximately 3.5% from 2024 to 2032, driven by the rising demand for packaged food and beverages.

Major players in the industry include Bosch Packaging Technology, Coesia S.p.A., FLSmidth A/S, GEA Group AG, IMA Group S.p.A., Krones AG, Marel hf., Mitsubishi Heavy Industries, Ltd., and Multivac Sepp Haggenmüller SE & Co. KG.