This invention relates to a machine for making and dispensing liquid, semiliquid and/or semi-solid food products and which comprises at least a cylinder (2) for containing and processing basic products, means (3) for heating and cooling the cylinder (2) wrapped around at least part of the cylinder (2) and a mixer unit (8) positioned inside the cylinder (2) which is able to mix the basic products during their processing; the machine also comprises a supply duct (10) for supplying the products into the cylinder (2), a dispensing duct (11) for withdrawing the food products from the cylinder (2) and means (12) for recirculating the products contained in the containment and processing cylinder (2) which are able to withdraw the products from the cylinder (2) through the dispensing duct (11, 11') and to return them into the cylinder (2) through the supply duct (10).