Forecast / The global market for equipment for the food industry will exceed 74 billion dollars

The global market for equipment for the food industry will exceed 74 billion dollars in the next five years, says Meticulous Research ™

According to a new Meticulous Research ™ report, the market for equipment for the food industry will exceed US $ 74 billion by 2022, an increase of 6% over the next five years.

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Forecast 2014 – 2025 / Food Robotics Market by Type of Robot

Forecast 2014 – 2025 / Robotics Food Market by Type of Robot by Application (Packaging, Repackaging, Palletizing, Picking, food Processing).

Industry statistics

The volume of the global food robotics market was estimated at $ 1,172.9 million. In 2016, it is expected to grow at a CAGR level of 13.1% during the forecast period. It is expected that the growing emphasis on increasing the operational efficiency of production and the growing demand for packaged products will lead to an increase in the food market.

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Forecast to 2015 to 2021 / Food Processing Equipment Market: Global Industry Analysis

Food processing equipment helps to convert raw food ingredients into food through different physical and chemical means. Equipment available for the food industry in a variety of categories, including dryers, refrigerators, fryers, feeders, mixers, grinding machines, toasters, blenders, separators and oven-cutting machines.

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