Global demand for food processing machinery is projected to advance 7.6 percent annually to $73 billion in 2019. Growth will be driven by industrializing nations, where strong consumer demand for processed foods is emerging. Beverage and chocolate/confectionery processing equipment will be the fastest growing types.This study analyzes the $50.5 billion world food processing machinery industry. It presents historical demand data (2004, 2009 and 2014) and forecasts (2019 and 2024) by machinery type (e.g., industrial bakery; meat, poultry and seafood; beverage production; chocolate and confectionery; dairy and milk; fruit, nut and vegetable) for six world regions and 20 major countries.The study also considers market environment factors, details industry structure, evaluates company market share and profiles 45 industry players, including Tetra Laval, Buhler, and GEA Group.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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