The Food and Beverage Processing Machinery Manufacturing industry manufactures a diverse range of products that are used by various industries, ranging from restaurants to meat processing firms. However, many operators focus on manufacturing a narrow range of products, targeting specific market segments.
The industry has struggled during the past five years as domestic demand dwindled during the start of the period and import penetration increased. The lingering effects of the economic downturn caused many key downstream industries to reduce capital spending during the start of the period.
Companies in this industry manufacture machinery for non-domestic food and beverage processing. Cooking and drying equipment is included, but machinery used to weigh, pack or irradiate food and beverage products is excluded. Products manufactured by the industry are intended for use by industrial food and beverage processors and food-service businesses.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.