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In 2024, key companies like GEA Group, KHS Group, Krones AG, and others held a combined market share of 15-20%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
Major players operating in the food packaging machines industry are:
Fully automatic machines held around 52% of the total market share in 2024 and are anticipated to reach a value of USD 25.3 billion by 2034, driven by their operational efficiency and cost-effectiveness.
The global market size for food packaging machines was valued at USD 22.1 billion in 2024 and is projected to reach USD 44.1 billion by 2034, driven by a CAGR of over 7.3% from 2025 to 2034.
The U.S. market was valued at USD 1.87 billion in 2024 and is estimated to grow at a CAGR of over 8% from 2025 to 2034, driven by technological leadership and innovation in automation and smart packaging solutions.
Major players in the industry include Adelphi Packaging, AMF Bakery Systems, ARPAC LLC, Coesia S.p.A, Focke & Co, GEA Group, Guangdong Kenwei Intelligent Machinery, Illinois Tool Works, Industria Macchine Automatiche, Ishida, Kaufman Engineered Systems, and Krones AG.