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Frozen Food Processing Machinery Market Size

Report ID: GMI12484
Published Date: Dec 2024
Report Format: PDF

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Frozen Food Processing Machinery Market Size

The global frozen food processing machinery market was valued at USD 10.3 billion in 2023 and is estimated to grow at a CAGR of over 4.5% from 2024 to 2032.

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Food processing machinery is becoming more efficient and cost-effective, thanks to the integration of automation, artificial intelligence (AI), and machine learning. Technologies like Individually Quick Freezing (IQF), cryogenic freezing, and plate freezing are on the rise, ensuring superior preservation of food quality, texture, and nutritional value. These advancements are especially advantageous for processing vegetables, fruits, and seafood, leading to heightened business demand.

Frozen Food Processing Machinery Market Report Attributes
Report Attribute	Details
Base Year:	2023
Frozen Food Processing Machinery Market Size in 2023:	USD 10.3 Billion
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	4.5%
2032 Value Projection:	USD 15.3 Billion
Historical Data for:	2021 - 2023
No. of Pages:	220
Tables, Charts & Figures:	180
Segments covered:	Machinery Type, Technology, Mode of Operation, Application, End Use, and Region
Growth Drivers:	Rising demand for frozen foods Technological advancements
Pitfalls & Challenges:	High capital investment

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Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for frozen food processing machinery was reached USD 10.3 billion in 2023 and is estimated to grow at a 4.5% CAGR from 2024 to 2032, driven by rising demand for frozen foods.

The preparation equipment segment reached USD 6 billion in 2023 and is estimated to grow at a 4.7% CAGR from 2024 to 2032, as it enhances speed and efficiency in the initial stages of frozen food production.

Food processing companies held around 44% of the market share in 2023 and are anticipated to grow at a 4.7% CAGR from 2024 to 2032, led by consumers' preference for convenience and ready-to-eat meals.

The U.S. market size surpassed USD 3.1 billion in 2023 and is estimated to grow at a 4.9% CAGR from 2024 to 2032, with companies adopting advanced freezing technologies to enhance product quality and production efficiency.

Key players include Air Products and Chemicals, Inc., Alfa Laval AB, Bühler Group, GEA Group AG, Griffith Foods Inc., Hoshizaki Corporation, Intralox, JBT Corporation, Marel, OctoFrost Group, SPX FLOW, Inc., Starfrost (UK) Ltd., Tetra Pak International S.A., and The Middleby Corporation.