Lucintel Forecasts the Global Food Processing Market to Reach $219.7 billion by 2030
Lucintel Forecasts the Global Food Processing Market to Reach $219.7 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global food processing market looks promising with opportunities in the beverage, dairy, meat & poultry, bakery, convenience food & snack, fruit & vegetable, and confectionery markets. The global food processing market is expected to reach an estimated $219.7 billion by 2030 from $165.8 billion in 2023, at a CAGR of 4.1% from 2023 to 2030. The major drivers for this market are increasing preference for convenience & ready-to-eat foods, growing demand for healthy, organic, & natural food products, and rising demand for processed & packaged ods.
A more than 150-page report to understand trends, opportunity and forecast in food processing market to 2030 by type (depositors, extruding machines, mixers, refrigeration, slicers & dicers, and others), application (beverages, dairy, meat & poultry, bakery, convenience food & snacks, fruits & vegetables, confectionery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that refrigeration is expected to witness the highest growth over the forecast period.
Within this market, bakery is expected to witness the highest growth. Download sample by clicking on food processing market
Buhler, Krones, AFE Group, Atlas Pacific Engineering Company are the major suppliers in the food processing market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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