New ARC Advisory Group research on the Food & Beverage Processing Machinery market identifies market growth potential in emerging economies where food is still largely prepared manually under often-questionable hygienic conditions (e.g. street slaughtering, preparing, and cooking). As average incomes rise, tradition is likely to give way to investment in food production in clean and hygienically controlled factories with a high degree of automation. As governments in emerging economies realize the risk and cost of health care due to infections from food processing under unsatisfactory hygienic conditions, investments will grow for food & beverage processing machinery installed in hygienic factories.
“Investment in food & beverage processing machinery is driven by consumer eating and drinking habits, new kind of foods, health regulations, as well as megatrends such as urbanization. One effect of the current COVID-19 pandemic is an increase in the demand for take-out food as fewer people are eating in restaurants. This is leading to new investments in right-sized food service equipment for take-out food,” according to Frank Thomas, Senior Consultant at ARC Advisory Group and key author of Food & Beverage Processing Machinery Global Market Research report.
About the Food & Beverage Processing Machinery Research
This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the food & beverage processing machinery market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus five-year market forecasts by application, region of origin, region of demand, statistics, and electrical content.
This new research is available as a Concise Market Analysis Report (PDF) which provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.
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