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Processing equipment market expected to surge

Published Sept. 6, 2013
By
Paul Conley Contributing Editor

Dive Summary:

  • Market intelligence firm Frost & Sullivan says the global market for food processing equipment topped $513 billion last year.
  • Surging demand for prepared foods, particularly in India and parts of Africa, will push the market past $636 billion by 2019.

Dive Insight:

U.S. manufacturers of equipment may wish to pay particular attention to the potential of the export market in India. Recent legislation there may provide considerable opportunities for industrial equipment makers.

 

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Filed Under: Manufacturing

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