Global food and beverages processing and packaging equipment market – Forecast to 2022
Growth in the global food and beverage processing and packaging equipment market looks promising over the next four years. Frost & Sullivans latest analysis reveals that improved economic conditions in emerging nations, changing dietary preferences globally, and a rising demand for nutritious and ready-to-eat food products are driving demand for food processors and boosting growth in the packaging equipment market. The global food and beverages processing and packaging equipment market is expected to expand at a CAGR of 4.1% from 2017 until 2022 and reach $78.6 billion.