Increased inclination toward processed & packaged food, rise in disposable income, and surge in demand for processed quality food are expected to propel the growth of the Southeast Asia food processing equipment market The report offers insights on the major market segments, top investment pockets, key player positioning, drivers & opportunities, and strategic developments in the industry. According to the report, the Southeast Asia Food …
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Southeast Asia Food Processing Equipment Market Research Report | Industry Growth Rate, Size, Share, Regional Analysis, Global Forecast to 2025
The Southeast Asia Food Processing Equipment Marketwas pegged at $993.9 million and is estimated to reach $1,434.9 million by 2025, registering a CAGR of 4.7% during the forecast period. Increased preference toward processed food, rise in disposable income, and pressing need to replace old equipment drive the growth of the Southeast Asia food processing equipment market. However, high cost of machines and …