Food processing equipment market to reach USD69.8 billion by 2032 - FMI

According to the recent FMI report, the sales of the food processing equipment market could surpass a value of US$ 69.8 Bn in 2032, rising at a CAGR of around 4.5% through the end of 2032.

The growth of packing solutions that are sturdy enough to endure the rigors of manufacturing and transportation has been fueled by rising customer expectations for clean, nutritious, and safe meals.

Also bagging, filling, wrapping, conveying, sealing, and other all-purpose operations are becoming more popular. The market has also witnessed an increase in the for shelf-stable food goods, increasing the adoption of aseptic packaging and forming machines.

Other factors influencing the food processing equipment market include increased demand for dairy, meat, poultry, and seafood products, coupled with rising awareness of food safety. Food processing is the process of converting raw ingredients into desirable food items through chemical or physical techniques. These machines can be fully or partially automated, and used in seafood and meat processing, poultry farming, dairy, chocolate, vegetable and beverage processing. High-speed packaging and labelling machines are used in the dairy and meat industries.

Some of the top companies covered in Food Processing Equipment Market are Tetra Pak, HOSHIZAKI Corp., Gea Group, Alfa Lavel, Krones, Middleby, Buhler, Marel, Atlas, Pacific Engineering Co. I., Welbilt, Inc., Dover, Rational  AG. To know more, go to https://www.futuremarketinsights.com/reports/sample/rep-gb-14617