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This study predicts that the refrigerators and freezers segment is estimated to outpace other product types of commercial food refrigeration equipment market by 2027.
The global commercial food refrigeration equipment market is estimated to expand at a CAGR of ~6% during the forecast period, according to a report released by Transparency Market Research, Albany, N.Y.
Increasing consumer demand and trend of using packaging as a product marketing strategy are expected to further fuel the growth of the global advanced packaging technologies market.
The global advanced packaging technologies market is projected to rise at a CAGR of 7.5%, during the forecast period of 2018-2026, according to a study produced by Transparency Market Research, Albany, N.Y.
The food processing equipment market is estimated to grab a value of $70,510.1 million by 2022 and exhibit CAGR of 6.7% over the forecast period from 2017-2022, according to a study presented by Transparency Market Research, Albany, N.Y.
The global frozen meat market is projected to climb a steep growth curve in coming years, according to a report published by Transparency Market Research (TMR), Albany, N.Y.
The global pet food packaging market was valued at $8.3 billion in 2017, and is anticipated to expand with 5.2% CAGR over the forecast period to reach $10.7 billion by 2022, according to analyses from Transparency Market Research, Albany, N.Y.
The food and beverage industry is expected to account for nearly one-third of the total revenue in the global rigid packaging market thanks to rising demand for ready-to-eat food products.
The global rigid packaging market is projected to reach $755.9 billion by 2024, growing at a steady 3.2% CAGR during 2016-2024, according to a report released by Transparency Market Research, Albany, N.Y.
The global fresh meat packaging market is expected to grow at 2.30% CAGR during 2016-2026 to reach $2.47 billion by 2026, according to a study released by Transparency Market Research, Albany, N.Y.
The global food processing equipment market is likely to witness high growth, as key players are working on product enhancements and employing advanced technologies.
Based on region, North America is likely to reach a valuation of $3,472.5 million by the end of forecast period, followed by the European market at $2,877.5 million.
The global pet food packaging market is anticipated to reach $10.7 billion by 2022, according to a research study produced by Transparency Market Research (TMR), Albany, N.Y.
