This urbanization trend adds significantly to higher living standards and increased salaries, which in turn has a stronger impact on the affordability of processed food products. Such development will drive the food processing machinery market in forecasted period. Top Leaders: The prominent market players profiled in the report include Anko Food Machine Co. Ltd., Atlas Pacific Engineering …
Tag Archives: Food Processing Machinery Market Demand
Food Processing Machinery Market to attain a market value of $93,737.1 million by 2031
The global food processing machinery market was valued at $61,249 million in 2020, and is projected to reach $93,737.1 million by 2031, growing at a CAGR of 3.9% from 2022 to 2031. Consumption of processed foods has skyrocketed in recent decades all across the world. The expansion in global population is a major contributor to this growth. …