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Technological advancements, shift from conventional to green lighting and enhanced energy efficiency standards have also spurred demand.
July 23, 2019
The global LED lighting market size was valued at $45.57 billion in 2018, and is projected to expand at a CAGR of 11.8% by 2025, according to a report published by Grand View Research, San Francisco.
Asia Pacific is expected to witness significant growth in the upcoming years due to expansion of the food and beverage industries in emerging economies.
June 12, 2019
The global temperature-controlled packaging solutions market is expected to reach $16.8 billion by 2025 and expand at a CAGR of 8.3% over the forecast period, according to a new report by Grand View Research, Inc., San Francisco.
North America was the largest market in 2017, due to increased import of fruits and vegetables and high demand for bakery and confectionery in the region.
May 2, 2019
The global micro-perforated food packaging market size is projected to reach $1.96 billion by 2025 expanding at a CAGR of 5.7% during the forecast period, according to a new report by Grand View Research, Inc., San Francisco.
Scaling equipment is expected to have a significant CAGR of 2.5% during the forecast period.
April 23, 2019
The global seafood processing equipment market size is expected to value $2.51 million by 2025 at a 3.2% CAGR over the forecast period, according to research presented by Grand View Research, San Francisco.
The pre-packaged products segment was valued at $40.54 billion in 2017, and is expected to expand at a CAGR of 5.8% over the forecast period.
February 26, 2019
The global chilled and deli foods market is likely to reach $267.70 billion by 2025, exhibiting a CAGR of 5.2% during the forecast period, according to a report by Grand View Research, Inc., San Francisco.
The filling and dosing equipment segment is expected to register significant CAGR over the forecast period.
January 16, 2019
The global food packaging equipment market size is estimated to surpass $60.40 billion by 2025, and is anticipated to expand at a CAGR 4.87% over the forecast period, according to a study produced by Grand View Research, San Francisco.
The processing equipment type segment is expected to witness the fastest growth over the forecast period.
January 8, 2019
The global food processing equipment market size is anticipated to reach $85.59 billion by 2025, according to a new report published by Grand View Research, Inc., San Francisco.
Notable investments by companies to improve processing technology is presumed to increase equipment sales.
May 2, 2018
The global meat processing equipment market is expected to reach $16.22 billion by 2025, according to a new report by Grand View Research, Inc., San Francisco, exhibiting a CAGR of 6.2% during the forecast period.
The growing demand for premium products, especially in developed regions such as North America and Europe, is expected to drive the ice creams sales in these regions.
February 6, 2018
The global ice cream market is anticipated to reach $78.8 billion by 2025, growing at a CAGR 4.1%, according to a new report by Grand View Research, Inc., San Francisco.
Compared to the traditional stores, the organized retail stores use better refrigeration and improved storage technology.
November 20, 2017
The global cold storage market is anticipated to reach $212.54 billion by 2025, growing at a CAGR of 12.4%, according to a new report by Grand View Research, Inc., San Francisco.