Increase in Demand for Convenience and Bakery Food Driving the Food & Beverage Processing Equipment Market

With increasingly busier lifestyles, the need for convenience and ready food is all time high, leading to innovation in manufacturing food and beverages with greater efficiency. In terms of the technology used in the manufacturing sector and end consumption, optimization of efficiency and quality has …

APAC is Projected to be the Fastest Growing Regional Market for Food & Beverage Processing Equipment

The food & beverage processing equipment market is estimated at USD 55.43 billion in 2018, and is projected to reach a value of USD 74.44 billion by 2023, growing at a CAGR of 6.1%.The market is primarily driven by factors such as a rise in …