Canada Food Processing Equipment Market Share, Size, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2023-2030
Canada Food Processing Equipment Market Overview
Processing equipment is used in food and beverage industry for various applications such as dairy products, meat and poultry products, bakery and confectionary products, among others. Food processing equipment is used for processing raw food materials into consumable food products. Food manufacturers widely use food processing equipment for better conditioning of food products. In Canada, about 6,500 food and beverage processing establishments in which 90 percent of establishments have less than 100 employees.
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Major Canada Food Processing Equipment Market Drivers
Canada food processing equipment market is driven by the increasing demand for healthy eating, expansion in the food industry and rising growth in the demand for processed food across the country. Increase in disposable income along with rise in the demand for healthy food is expected to support the growth of food processing equipment market in Canada. In addition, Canada is the largest buyer of agriculture production. These factors will further enhance the Canada food processing equipment market.
Food & beverage processing industry hold 17 percent share in total manufacturing sales and 2 percent share in GDP in 2019. In terms of value of production along with the sales of good manufactured accounted USD 117.8 Billion in food & beverage processing industry in 2019. It is second largest manufacturing industry in Canada.
Canadian government planned to increase agriculture and food exports to USD 58 Billion by 2025 in order to expand its growth of processed food and beverage exports which will propel the market growth of food processing equipment in Canada during the forecast period. However, Canada food processors depends on imported raw material, processed and semi processed ingredients which may hamper the Canada food processing equipment market.
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Meat products is anticipated to grow at a faster CAGR over the forecast period in Canada food processing equipment market owing to the growing consumer preference towards nutritious food coupled with the changing lifestyle of people. In 2019, Meat products amounted to USD 30 Billion in food and beverage processing industry and hold 25 percent share of all manufacturing sales. In addition, dairy products manufacturing holds second largest share in terms of sales i.e., USD 14.8 Billion. Total exports of processed food & beverage products accounted to hold USD 38.9 Billion in 2019. Canada is exported of 192 countries for processed food &beverage products. In 2019, 86 percent share went to United states, China and Japan.
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Segments covered in the Report:
The Canada Food Processing Equipment Market has been segmented on the basis of Type, Mode of Operation, Application. Based on the Type, the market has been segmented into Processing and Pre-processing. By Mode of Operation, the market is segmented into Automatic and Semi-automatic. Based on certification, on the basis of Application, the market is segmented into Bakery & Confectionaries, Meat, Poultry, & Seafood, Beverages, and Dairy and Others.
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Report Coverage |
Details |
Market Revenues (2022) |
USD Million |
Market Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | by Type, by Mode of Operation, by Application |
Regional Coverage | Canada |
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Market Segmentation
Canada Food Processing Equipment Market by Type
-
- Processing
- Pre-processing
Canada Food Processing Equipment Market by Mode of Operation
-
- Automatic
- Semi-automatic
Canada Food Processing Equipment Market by Application
-
- Bakery & Confectionaries
- Meat
- Poultry, & Seafood
- Beverages
- Dairy
- Others
- Published Date: Aug - 2023
- Report Format: Excel/PPT
- Report Code: UP2542-001001
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The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
Corporate License:
Report is shared with unlimited user (employees) of the purchasing corporation only
Canada Food Processing Equipment Market Share, Size, Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2023-2030
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