Global Food Grade Conveyer Belt Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Polyurethane, PVC, Rubber, Modular Plastic, and Others), By Application (Bakery & Confectionery, Meat & Poultry, Dairy Products, Fruits & Vegetables, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Food Grade Conveyor Belt Market Insights Forecasts to 2033 

• The Global Food Grade Conveyor Belt Market Size was Valued at USD 3.54 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 5.26% from 2023 to 2033
• The Worldwide Food Grade Conveyor Belt Market Size is Expected to Reach USD 5.91 Billion by 2033 
• Europe is Expected to Grow the fastest during the forecast period.   

The Global Food Grade Conveyor Belt Market Size is anticipated to exceed USD 5.91 Billion by 2033, growing at a CAGR of 5.26% from 2023 to 2033. The market for food-grade conveyor belts has a lot of opportunities due to the food industry's growing automation trend.

Market Overview

The manufacturing, distribution, and application of conveyor belts that satisfy strict food safety regulations and are appropriate for direct contact with food items are all included in the food grade conveyor belt market. The growing need for safe and effective food processing and packaging solutions worldwide is the main factor propelling the market. Conveyor belts that satisfy stricter food safety regulations and guarantee efficiency and hygienic food handling procedures are becoming more and more necessary. Technological developments and the rise of automation in the food business are other contributing factors to this growth. The increased focus on food safety, which is being pushed by both customer demand and regulatory agencies, is another reason driving the expansion of the food grade conveyor belt market. Strict hygienic requirements for food processing and handling equipment are mandated by regulatory frameworks like the Food Safety Modernization Act (FSMA) in the United States and comparable laws in Europe and other regions. Due to this regulatory pressure, conveyor belts that are made to avoid food contamination must be used, which would increase demand. Additionally, new material developments that improve conveyor belt performance and hygiene are opening up new market expansion opportunities.  

Report Coverage

This research report categorizes the global food grade conveyor belt market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global food grade conveyor belt market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global food grade conveyor belt market.  

Driving Factors

The growing food processing sector due to rising processed food consumption and a growing world population, has a major impact on the demand for food grade conveyor belts. Conveyor belts that can handle high product quantities while upholding stringent hygiene standards are required by the automation trend in the food processing industry. The market is also growing as a result of the need for efficiency and the reduction of food contamination concerns. Conveyor belts with qualities like longevity, corrosion resistance, and ease of cleaning are becoming more and more desirable. Additionally, the necessity for a variety of conveyor belt types for various food processing stages and the growing complexity of food processing processes are driving the food grade conveyor belt market.

Restraints & Challenges

The high upfront costs of sophisticated conveyor systems pose a serious challenge to the market for food-grade conveyor belts. Budgetary restrictions may make it difficult for small and medium-sized businesses (SMEs) in particular to invest in new conveyor technologies.

Market Segmentation

The global food grade conveyor belt market share is classified into material type and application.

• The polyurethane segment held a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period.                

Based on the material type, the global food grade conveyor belt market is categorized as polyurethane, PVC, rubber, modular plastic, and others. Among these, the polyurethane segment accounted for a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period. Thermoplastic polyurethane (TPU) and polyethylene (PE), two of the most common types of plastic conveyor belts, are lightweight, flexible, and resistant to chemicals and moisture.

• The bakery & confectionery segment held a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period.       

Based on the application, the global food grade conveyor belt market is categorized as bakery & confectionery, meat & poultry, dairy products, fruits & vegetables, and others. Among these, the bakery & confectionery segment held a significant share in 2023 and is expected to grow at a significant CAGR during the forecast period. In the bakery and confectionery sectors, conveyor belts are essential for efficient product handling and processing, from dough preparation to packaging. Delicate items like chocolates and pastries must be transported hygienically and smoothly, which requires belts that lower handling and contamination hazards.

Regional Segment Analysis of the Global Food Grade Conveyor Belt Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is projected to hold a significant share of the global food grade conveyor belt market over the forecast period.

North America is projected to hold a significant share of the global food grade conveyor belt market over the forecast period. The region is driven by the existence of strict food safety laws and a firmly developed food processing sector. High demand for sophisticated conveyor systems is a result of the region's emphasis on technical innovation and automation in food production processes. Leading the way in the use of smart conveyor technologies, the US is improving productivity and efficiency in the food manufacturing and packing industries.

Europe is expected to grow at the fastest CAGR growth of the global food grade conveyor belt market during the forecast period.  Another significant market for food-grade conveyor belts is Europe, which is distinguished by strict legal requirements and a focus on food safety and quality. The need for high-performance conveyor belts that meet these standards is driven by EU rules on machinery and materials that come into contact with food.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global food grade conveyor belt market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Ammeraal Beltech BV
• Habasit AG
• Intralox LLC
• Forbo Siegling GmbH
• Mitsuboshi Belting Ltd.
• Continental AG
• Fenner Dunlop Conveyor Belting
• Bando Chemical Industries, Ltd.
• Chiorino S.p.A.
• Volta Belting Technology Ltd.
• Esbelt S.A.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global food grade conveyor belt market based on the below-mentioned segments: 

Global Food Grade Conveyor Belt Market, By Material Type

• Polyurethane
• PVC
• Rubber
• Modular Plastic
• Others

Global Food Grade Conveyor Belt Market, By Application  

• Bakery & Confectionery
• Meat & Poultry
• Dairy Products
• Fruits & Vegetables
• Others

Global Food Grade Conveyor Belt Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa