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Food Processing Equipment Market to Reach $98.4 Billion by 2027 Exclusive Report Covering Pre and Post COVID-19 Market Analysis by Meticulous Research Food Processing Equipment Market by Type (Meat, Poultry, and Seafood Processing Equipment, Bakery Equipment, Beverage Processing Equipment, Dairy Processing Equipment, and Fruit and Vegetable Processing Equipment) - Global Forecast to 2027 , in terms of value, the food processing equipment market is expected to grow at a CAGR of 7.2% from 2020 to reach $98.4 billion by 2027. In terms of volume, the market is expected to grow at a CAGR of 7.6% from 2020 to reach 56,233.9 thousand units by 2027.
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by Type (Meat, Poultry, and Seafood Processing Equipment, Bakery Equipment, Beverage Processing Equipment, Dairy Processing Equipment, and Fruit and Vegetable Processing Equipment) - Global Forecast to 2027 , in terms of value, the food processing equipment market is expected to grow at a CAGR of 7.2% from 2020 to reach $98.4 billion by 2027. In terms of volume, the market is expected to grow at a CAGR of 7.6% from 2020 to reach 56,233.9 thousand units by 2027.
Food processing is considered one of the fastest-growing industries, globally. The food processing sector s contribution to gross value added (GVA), employment, and investment is significant worldwide. This industry s growth is supported by the availability of a large raw material base; therefore, a wide range of instruments and equipment are used in the food processing industry.
Bakery Processing Equipment Market was valued at $11 4 billion in 2018 & to reach $18 7 billion by 2026 einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.