Food Processing Machinery Market in the US to Grow at a CAGR of 2.37% During 2016-2020
ResearchMoz added Latest Research Report titled " Food Processing Machinery Market in the US 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWire) -- 09/30/2016 --The food processing industry is being transformed into a high-volume industry, especially the baked food sector. The industrial baking processing machinery segment is gaining prominence over all other segments, and accounts for the largest portion of the overall sales revenue. This trend is expected to gain further traction during the forecast period, as players are trying to design their product to provide efficiency and ease of automation. Functions that were earlier performed manually, such as applying toppings on cakes, are now being automated.
The food processing machinery in US to grow at a CAGR of 2.37% during the period 2016-2020. The report covers the present scenario and the growth prospects of the food processing machinery in US for 2016-2020. To calculate the market size, the report considers the revenue generated through the retail sales of food processing machinery to individual consumers.
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Technavio's report, Food Processing Machinery in US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- GEA Group
- John Bean Technologies (JBT)
- Meyer Industries
- Paul Mueller
- SPX FLOW
Other prominent vendors
- Atlas Pacific Engineering
- BAADER
- Bettcher Industries
- Bucher Industries
- Bhler
- Heat and Control
- Mallet
- Marel
- MIWE Michael Wenz
- Rheon Automatic Machinery
- Wenger Manufacturing
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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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