A new study from PMMI Business Intelligence takes an extensive look at food processing machinery, market by market, with consumer trends, how manufacturers are meeting shifting demand, and why this is putting pressure on operations.
The new report reveals that meat and poultry was the biggest category for machinery sales, commanding $1.4 billion of the market. Beverage machinery accounted for $.8 billion, and Dairy $.6 billion.
However, beverage machinery sales are forecast to grow fastest through 2021 with a CAGR (compound annual growth rate) of 4.2 percent.
To download your brief, FREE Executive Summary, click here: 2018 Global Trends Food and Beverage Processing
The study, “Food and Beverage Processing Machinery Report,” is produced by PMMI, the association for packaging and processing. This June 20-21 in Chicago, PMMI Media Group is hosting a conference, ProFood Live https://www.profoodlive.com/