2024 Food Product Machinery Manufacturing Industry Research Report

Food Product Machinery Manufacturing - Market Size and Industry Forecast

The 2024 Food Product Machinery Manufacturing Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2019 to 2029 reflect industry trends and growth patterns. Revenues include both public and private companies in the food product machinery manufacturing industry.

HistoricalForecasted
20192020202120222023202420252026202720282029
Market Size (Total Revenue)

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% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Industry Market Size
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Food Product Machinery Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Food Product Machinery Manufacturing companies in the United States.

Food Product Machinery Manufacturing Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesFood Product Machinery Manufacturing
Small Business (< 5 Employees)

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Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Food Product Machinery Manufacturing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

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Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Food Product Machinery Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

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Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Food Product Machinery Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Food product machinery manufacturing

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Dairy and milk products plant machinery and equipment

Ind. mach/equip. for treating milk/dairy prods., temp. change

Other dairy and milk products plant machinery and equipment

Parts/attachments for dairy/milk products plant mach/equip.

Dairy and milk products plant machinery and equipment, nsk

Commercial food products machinery

Commercial food products slicers

Commercial food products choppers, grinders, cutters, etc.

Commercial food products mixers/whippers (exc. drink mixers)


Food Product Machinery Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations7%

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Chief Executives0%
General and Operations Managers2%
Architecture and Engineering Occupations10%
Engineers7%
Office and Administrative Support Occupations10%
Production Occupations52%
Assemblers and Fabricators17%
Assemblers and Fabricators, All Other, Including Team Assemblers12%
Metal Workers and Plastic Workers26%
Machinists7%
Machinists7%
Welding, Soldering, and Brazing Workers6%
Welders, Cutters, Solderers, and Brazers6%
Other Production Occupations6%

Government Contracts

In the past, the federal government spent an annual total of $76,266 on the food product machinery manufacturing industry. It has awarded 14 contracts to 2 companies, with an average value of $38,133 per company.

Food Product Machinery Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

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Food Product Machinery Manufacturing Industry Report
GeographyUnited States  
Publication DateMarch 2024
Report FormatPDF Download  PDF
Price

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