By 2026, the market for meat processing equipment will be worth $13 billion.
The global meat processing equipment market is forecasted to see substantial growth in the coming years, according to a report by The Business Research Company. The market is expected to increase from $9.78 billion in 2021 to $10.43 billion in 2022, and further to reach $13.62 billion by 2026 at a compound annual growth rate of 6.89%. …
Anuga FoodTec 2018 achieves a significant increase in attendance
The leading international supplier trade fair of the food and beverage industry is continuing to write its success story. After already registering a growth in exhibition space and a two-digit increase in the number of exhibitors (+13 percent) in the run-up to the event, Anuga FoodTec 2018 was also able to achieve a significant rise in the number of visitors: More than 50,000 experts from the food industry informed themselves about the innovations and further developments of the supplier industry from 20 to 23 March. …
Global Meat Market Will Be Under Pressure In 2017 Rabobank Expects Reduction In Prices And Profits
According to Rabobank’s report, global meat market prices will be under pressure next year due to the growth of supply. While global meat consumption continues to rise, a supply-driven and more competitive market will create challenges for producers, putting pressure on prices and margins. …
Reepack in Germany doubled
The international company REEPACK responded to the economic crisis by expanding and investing in the European market, which provides 80% of the company’s sales. In January, a new production of Reepack Verpackungsmaschinen GmbH was opened in Stutensee (Germany), focused on the development, production, and marketing of flow-pack type packaging equipment. …
