Food Processing Equipment Market Get Facts About Business Strategies 2024 to 2030: Grand View Research Inc.Posted by Sona Kulkarni on January 24th, 2024 Food Processing Equipment Market Growth & TrendsThe global food processing equipment market size is expected to reach USD 69.30 billion by 2030, expanding at a CAGR of 4.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The changing lifestyle of people, increasing inclination toward nutritious food, and awareness about the health benefits of marine products are expected to surge the product demand over the coming years. Population growth and rising disposable income, along with increasing urbanization, are expected to drive the consumption of processed foods, which, in turn, is expected to benefit the industry growth. Moreover, the governments of Middle Eastern countries are focusing on reducing their reliance on the petroleum sector and promoting investments in industries, such as construction, automotive, and food and beverage. Farmed fish solutions for the marine industry had provided a convenient solution for the demand-supply imbalance. However, the industry witnessed a price hike for fresh and processed fish. The positive economic condition of the market and potential customers are some of the prominent factors that assure the prominent growth of the market over the forecast period. Rising population, dietary shifts, and a rise in spending power influence the market growth, which exerts pressure on the industry to fulfill the ever-increasing demand of the world. In addition, the growing need for equipment in the wake of the rising consumption of processed foods in the developing economies in Asia Pacific is expected to drive the industry. Request a free sample copy or view report summary: Food Processing Equipment Market Report Food Processing Equipment Market Report Highlights
Access Press Release@ https://www.grandviewresearch.com/press-release/global-food-processing-equipment-market Food Processing Equipment Market Segmentation Grand View Research has segmented the global food processing equipment market on the basis of mode of operation, type, application, and region: Food Processing Equipment Mode of Operation Outlook (Revenue, USD Billion, 2018 - 2030)
Food Processing Equipment Application Outlook (Revenue, USD Billion, 2018 - 2030)
Food Processing Equipment Type Outlook (Revenue, USD Billion, 2018 - 2030)
Food Processing Equipment Regional Outlook (Revenue, USD Billion, 2018 - 2030)
List of Key Players of Food Processing Equipment Market
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Like it? Share it!More by this author |