According to the report, the size was valued at $53.69 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The food processing and handling equipment market is exhibiting strong growth, with the rising demand for prepared food products globally, changes in consumer lifestyles, a transformative leap forward in technological capabilities and increasing investment opportunities in the food processing industry.
We are now accepting entries for the 2023 Food Engineering Plant of the Year award. Submissions are due Tuesday, January 31, and eligible facilities need to have been completed in 2022 and opened by January 31, 2023.
A long list of concerns continues to keep businesses in the food processing industry on their toes. Inflation. Supply chain issues. Hiring challenges. The pandemic. However, a connective thread runs through these four: automation.
Vancouver-based EnWave Corporation has opened its REVworx large-scale vacuum-microwave toll processing facility, which offers on-demand contract manufacturing services for the production of high-quality, vacuum-microwave dried snack and ingredient applications for food companies of all sizes.
We are now accepting entries for the 2022 Food Engineering Plant of the Year award. Submissions are due Friday, March 4, and eligible facilities need to have been completed in 2021 and opened by January 31, 2022.
We are now accepting entries for the 2022 Food Engineering Plant of the Year award. Submissions are due Friday, March 4, and eligible facilities need to have been completed in 2021 and opened by January 31, 2022.