Global Food Processing Equipment Market to Hit USD 69.2 Bn by 2031
The global food processing equipment market was valued at US$ 47.8 billion in 2022 and is projected to reach US$ 69.2 billion by the end of 2031. Driven by rising demand for processed and packaged food, the market is anticipated to grow at a steady CAGR of 5.7% from 2023 to 2031. Advancements in automation and increasing adoption of hygienic and energy-efficient equipment are also fueling...