Food Processing

The food processing industry worldwide transforms raw agricultural materials into a vast array of processed foods, catering to diverse tastes and preferences, while enhancing food safety, shelf life, and distribution efficiency. This essential sector contributes significantly to global food availability and supply chain resilience.

CAGR: 3.5%
Market size: $318 Bn
GDP Contribution: 1.75%
Market drivers:
– Increasing demand for processed foods
– Increasing popularity of ready-to-eat meals
– The increasing demand for personalized foods