Food Product Machinery Manufacturing Industry Overview
Excerpt from Food Product Machinery Manufacturing Report
Companies in this industry manufacture machinery used to process and produce foods and beverages. Major companies include Barry-Wehmiller, JBT Corporation, Key Technology, Paul Mueller, and SPX Flow (all based in the US), as well as Alfa Laval (Sweden), Baker Perkins (UK), and GEA Group (Germany).
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.
Products, Operations & Technology
Major product categories include machinery used to produce baked goods, dairy products, meats, vegetables, beverages, and edible oils. Other products include grading, cleaning, and sorting machinery; pasteurizing equipment; and food choppers, grinders, mixers, and slicers.