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Article Title: Global market for food processing machinery to reach US$73 billion by 2019
Publication: Food Processing, 6/18/2015
Freedonia Study: World Food Processing Machinery (3275)
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The global market for food processing machinery is projected to reach US$73 billion by 2019, with growth driven by emerging consumer demand for processed foods among industrialising nations.
The overall trend is for a 7.6% growth per annum, according to market analysis presented by The Freedonia Group, a US industry research firm, in its World Food Processing Machinery report.
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