Food Processing Machinery Sales To Rise

According to a study from The Freedonia Group, global sales of food processing machinery are set to increase by 7.3 percent per year to reach $53.3 billion in 2016.

“Rising personal incomes will spur increased demand for processed foods and a dietary shift toward more costly, non-staple items, while advancing industrialization in these nations will make it more efficient to process basic foods such as grains, fruits, vegetables and nuts by machine rather than manually,” said the Freedonia Group. “Sales of food processing machinery in other developing areas of the world will, generally speaking, climb at a healthy pace.”

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