The global Alternative Protein Processing Equipment Market is experiencing significant growth, with projections reaching $2.2 billion by 2030 at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030, according to a report by Meticulous Research®. This market expansion is driven by multiple factors, including innovations in processing technologies, efforts by manufacturers to reduce production costs, an influx of venture capital into alternative protein companies, and the increasing use of alternative proteins as ingredients in food and beverages. However, high equipment costs pose a notable challenge to the market’s growth.
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Market Segmentation
The alternative protein processing equipment market is categorized based on type, mode of operation, production capacity, application, and geography. These categories provide insight into the various facets of this growing industry and highlight key areas of development.
Type: In terms of equipment types, the market includes dryers, centrifuges, filtration systems, mixing systems, evaporators, boilers, grinders, screw presses, and other machinery. Among these, dryers are expected to dominate the market in 2023. Dryers play a critical role in improving process hygiene and final product quality by removing moisture from alternative proteins. As customization and modernization of drying techniques become necessary, demand for these machines is expected to rise further.
Mode of Operation: When considering how the equipment operates, the market is divided into semi-automatic and automatic modes. Automatic equipment is expected to experience the highest growth rate during the forecast period. The adoption of automation in protein processing is accelerating due to its numerous advantages, including reducing labor costs, minimizing human error, improving efficiency, and preventing cross-contamination during production. Additionally, automatic tracking and monitoring systems help streamline the production process, further contributing to their growing demand.
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Production Capacity: The market also varies by production capacity, with small medium-scale production accounting for the largest share in 2023. Factors such as government support for small-scale enterprises, lower capital requirements, and enhanced productivity have contributed to the dominance of this segment.
Application: The primary applications of alternative protein processing equipment are in plant-based proteins, insect-based proteins, and microbial proteins. Of these, plant-based protein production is set to lead the market in 2023, driven by rising demand for plant-based food products. An increasing vegan population, an upsurge in plant-based product launches, and a significant number of plant-based protein manufacturers are all contributing to this growth.
Geographic Insights
Geographically, North America is expected to lead the global alternative protein processing equipment market in 2023. The region’s growth is supported by factors such as the presence of major alternative protein manufacturers, increasing investments in food processing equipment research and development, and a growing population of vegans who demand more alternative protein products.
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Key Players:
The key players operating in the global alternative protein processing equipment market are Alfa Laval AB (Sweden), ANDRITZ AG (Austria), Bepex International LLC (U.S.), Bühler Holding AG (Switzerland), Clextral SAS (France), Coperion GmbH (Germany), Flottweg SE (Germany), GEA Group Aktiengesellschaft (Germany), Hosokawa Micron B.V. (Netherlands), Koch Separation Solutions (U.S.), Maschinenfabrik Reinartz GmbH Co. KG (Germany), NETZSCH-Feinmahltechnik GmbH (Germany), SiccaDania A/S (Denmark), and SPX Flow, Inc. (U.S.).
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