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Food Processing & Handling Equipments market was valued at USD 127.4 Billion in 2018 and is expected to reach USD 207.6 Billion by year 2026, at a CAGR of 6.3 percent.
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Food Processing & Handling Equipments Market to Reach USD 207.6 Billion By 2026
Market Size – USD 127.4 Billion in 2018, Market Growth - CAGR of 6.3%, Market Trends – Product launches and research for advanced Food Processing & Handling Equipments Market Summary The global Food Processing & Handling Equipments market was valued at USD 127.4 Billion in 2018 and is expected to reach USD 207.6 Billion by year 2026, at a CAGR of 6.3 percent. The rising demand for food processing & handling equipment attributed to the increase in the world consumption. • Further key findings from the report suggest • Dairy Products application is expected to be the fastest-growing market segment during forecast period 2019-2026 with a CAGR of 6.8%. However, risk associated with products like shelf life, costs, and alternatives to dairy products are major challenge for the market growth. • Conveyor Belts equipment type holds 32.5% of the equipment type segment. The increasing use of conveyor belts for horizontal moving of products in the company is the primary factor for the growth. • Food Processing & Handling Equipment market is growing at a CAGR of 5% in Asia Pacific followed by North America and Europe, with 6.4% and 6.0% CAGR, respectively. The increasing demand across the globe is the key factor to accelerate the market growth during the forecast period across all regions www.reportsanddata.com
Market Summary Key Players: Alfa Laval, Buhler AG, JBT Corporation, GEA, Dover Corporation, Robert Bosch, IMA Group, Middleby Corporation, Welbeit Inc., Multivac Corporation Segmentation: • Processing Type (Revenue, USD Billion; 2019–2026) • Grading • Sorting • Milling • Packing • Equipment Type (Revenue, USD Billion; 2019–2026) • Elevators • Conveyor Belts • Hoppers & Silos • Reclaimers • Stackers To look at the PDF Sample Report and get 30 minutes of a free consultation @https://www.reportsanddata.com/sample-enquiry-form/2084 www.reportsanddata.com
Market Summary Form (Revenue, USD Billion; 2019–2026) Solid Liquid Others Regional Outlook for Animal Health Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here : @https://www.reportsanddata.com/discount-enquiry-form/2084 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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