Food & Beverage Processing
Food and beverage industries have been constantly investing on latest technologies, to meet the consumer demands. To provide latest technologies, food and beverage processing equipment companies are constantly innovating and introducing new technologies, leading to increased efficiency and cost-effectiveness in the production of processed foods.
Overview of the market :
- The global market for food and beverage processing equipment was valued at USD 64.6 bn in 2023 and is projected to reach USD 84.9 bn by 2028, at a CAGR of 5.6%
- The food and beverage processing equipment market in the Asia Pacific region is projected to grow at the highest CAGR of 6.2% during 2023-2028
- India’s food processing sector is one of the largest in the world and its output is expected to reach USD 535 bn by 2025-26.
World's largest producer of Spices, Milk and Pulses
World’s second largest producer of tea and sugarcane
World's second largest producer of food grains, fruits, and vegetables
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