Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 3.1 % over the past five years, to reach an estimated £963.1m in 2024.
Trends and Insights
The fast-food food delivery market offers some promising growth opportunities
- The strong performance of takeaway and fast-food delivery markets is raising expenditure on new food and beverage processing machinery. According to Defra’s Family Food, expenditure on food and drink spent on eating out jumped by 8% in 2021-22.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Downstream opportunities pave the way for revenue growth
- Market difficulties for key clients including food delivery companies and beverage brewers are set to disappear causing business capital expenditure to shot up, boosting orders.
Biggest companies in the Food & Beverage Processing Machinery Manufacturing in the UK
| Company | Market Share (%)
2025 | Revenue (£m)
2025 |
|---|---|---|
Welbilt Inc | 268.3 | |
GEA Process Engineering Ltd | 33.7 | |
Russell Finex Ltd | 31.7 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Cooking machinery, Processing machinery and Machinery parts. Cooking machinery is the largest segment of the Food & Beverage Processing Machinery Manufacturing in the UK.
Trends and Insights
A booming food delivery market strengthens cooking machinery sales
- UK-manufactured cooking, baking and drying equipment includes bakery ovens and bakery machines; commercial and industrial machines for cooking or heating food, like gas burner ovens; and food drying and dehydrating machines.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Companies in this industry manufacture machinery for non-domestic food and beverage processing. Cooking and drying equipment is industry-related, but machinery used to weigh, pack, or irradiate food and beverage products is not. Products manufactured by the industry are intended for use by industrial food and beverage processors and food-service businesses.
What's included in this industry?
Cooking machineryProcessing machineryMachinery partsCompanies
Welbilt IncGEA Process Engineering LtdRussell Finex LtdPurchase this report to view all 4 major companies in this industry.
Related Terms
CARBONATOREXTRUSIONSTILLIndustry Code
SIC 28.93 - Food & Beverage Processing Machinery Manufacturing in the UK
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The fast-food delivery market fuels growth. The surge in takeaway and fast-food delivery, facilitated by smartphone apps and the pandemic, has significantly boosted the food ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The food delivery boom boosts cooking equipment sales. Amid the surge in takeaway and fast-food services, particularly during the pandemic, demand for commercial-scale ovens ...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The North West's transport links lure manufacturers. The region's excellent connectivity, coupled with low rental and factory costs, make it an attractive hub for large-scale...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Competition drives innovation in the industry. Manufacturers invest heavily in research and development to create advanced machinery, diversify their product portfolio and ca...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Welbilt Inc leads the food and beverage machinery manufacturing industry. Its success is attributed to its vast range of professional kitchen equipment, access to a global su...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Welbilt Inc's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of GEA Process Engineering Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Russell Finex Ltd's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Welbilt Inc, and factors influencing its performance in the industry
- Description and key data for GEA Process Engineering Ltd, and factors influencing its performance in the industry
- Description and key data for Russell Finex Ltd, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
UK manufacturers adhere to British and European Standards. These standards ensure the safety and quality of manufactured machinery, impacting producers by setting a high bar ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profitability is fluctuating for manufacturers. This is due to factors such as economies of scale, pricing strategies, supplier agreements and cashflow management, with recen...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2018-2022)
- Coverage Ratios (2018-2022)
- Leverage Ratios (2018-2022)
- Operating Ratios (2018-2022)
- Assets (2018-2022)
- Liabilities (2018-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom in 2024?
The market size of the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom is £963.1m in 2024.
How many businesses are there in the Food & Beverage Processing Machinery Manufacturing in the UK industry in 2024?
There are 461 businesses in the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom, which has grown at a CAGR of 0.2 % between 2019 and 2024.
Has the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom grown or declined over the past 5 years?
The market size of the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom has been declining at a CAGR of 3.1 % between 2019 and 2024.
What is the forecast growth of the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom over the next 5 years?
Over the next five years, the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom is expected to grow.
What are the biggest companies in the Food & Beverage Processing Machinery Manufacturing in the UK market in United Kingdom?
The biggest companies operating in the Food & Beverage Processing Machinery Manufacturing market in United Kingdom are Welbilt Inc, GEA Process Engineering Ltd and Russell Finex Ltd
What does the Food & Beverage Processing Machinery Manufacturing in the UK in United Kingdom include?
Cooking machinery and Processing machinery are part of the Food & Beverage Processing Machinery Manufacturing in the UK industry.
Which companies have the highest market share in the Food & Beverage Processing Machinery Manufacturing in the UK in United Kingdom?
The company holding the most market share in United Kingdom is Welbilt Inc.
How competitive is the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom?
The level of competition is high and steady in the Food & Beverage Processing Machinery Manufacturing in the UK industry in United Kingdom.
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Competitors
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Complementors
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Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
- Office for National Statistics
- Office for Budget Responsibility
- Bank of England
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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