Report: Food processing equipment market flourishes thanks to advanced technologies
Application of food processing equipment is high in the semi-automatic segment, and is projected that during the forecast tenure.
The global food processing equipment market is likely to witness high growth, as key players are working on product enhancements and employing advanced technologies.
In fact, the global food processing equipment market is projected to exhibit a growth rate of 6.7% over the forecast tenure from 2017-2022. By the end of 2022, the market is anticipated to touch $70.51 billion, according to a report released by Transparency Market Research, Albany, N.Y.