Food Processing Industry is expected to reach an estimated $6.4 trillion by 2025

 According to a new market report published by Publisher, the future of the food processing market looks promising with opportunities in beverage, dairy, meat & poultry, convenience food & snacks, fruits & vegetables, and seafood industries. The food processing market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $6.4 trillion by 2025 with a CAGR of 3% to 5% from 2020 to 2025. The major drivers for this market are increasing demand for ready-to-eat food products, changing lifestyle, and increase in nuclear families and working women. 

Get Sample PDF 

Within this market, organized and unorganized sectors are involved in the food processing activities. Organized sector food processing is expected to witness the

highest growth during the forecast period due to significant increase in number of chain outlets, standalone eateries, and restaurant's.

Some of the features of this report:

- Market size estimates: Food processing market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by end use industry.
- Segmentation analysis: Food processing market size by industry type, application, and product type in terms of value shipment.
- Regional analysis: Food processing market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of food processing in the food processing market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of food processing in the food processing market.