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Food Processing Machinery - Global demand will rise

2017-12-18

According to a survey conducted by the market research firm of the Freedonia Group, the global demand for food processing machinery will increase by 7.6% annually and reach US $ 730 billion in 2019. Its research report World Food Processing Machinery claims that this growth will be driven by BRICS countries that demand processed foods. Sales of processing machinery are expected to rebound in several Western European countries, including France, Spain and the United Kingdom. The upgrading of old equipment will be the main driver of this growth.




Developing economies are experiencing an increase in personal income, and their diet will include more processed foods, which will also generate corresponding demand for processing machinery. In response to increasing demand for processed foods, many food and beverage companies in developing regions will all transition from manual to mechanically-prepared foods


Processing to increase output and develop more products. By 2019, China is expected to account for nearly 40% of all new food processing machinery needs. While the Western European food-processing machinery industry is expected to have below-average growth rates by 2019, there will still be significant gains in the region. However, the projected sales volume of food processing machinery in North America as of 2019 is sluggish.


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