Freedonia In The News

Article Title: Global demand for food processing machinery to exceed $53bn in 2016
By: Shaun Weston
Publication: FoodBev, 11/20/2012
Freedonia Study: World Food Processing Machinery (2931)

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Global sales of food processing machinery are expected to climb 7.3% per year to $53.3bn in 2016, according to a new study by The Freedonia Group called 'World Food Processing Machinery'. The main impetus for gains will come from increased demand for processed foods in developing nations as personal incomes rise. On top of this, a dietary shift in countries such as China and Brazil towards higher value-added foods such as meat and chocolate will prompt food manufacturers to broaden their operations and invest in additional manufacturing capacity in these areas.
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Article Title: Rising Incomes in Developing Countries Driving Processing Machinery Growth
By: Joe Whitworth
Publication: FoodProductionDaily, 11/27/2012
Freedonia Study: World Food Processing Machinery (2931)

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Article Title: Rising incomes in developing countries driving processing machinery growth, says report
By: Joe Whitworth
Publication: Food Production Daily, 11/23/2012
Freedonia Study: World Food Processing Machinery (2931)

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The demand for bakery and confectionery food processing machinery is to increase over the next few years as employment and incomes rise in developing countries, according to Freedonia.
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