Food

   A study recently conducted by the strategic consulting and market research firm,  BlueWeave Consulting , revealed that the global processed snacks equipment market is expected to reach USD 10.9 billion by 2026, at a CAGR of 2.3% from 2017-227 (forecast period). The market is exhibiting strong growth with the rising demand for food products globally, and increasing investment opportunities in food processing. The markets in North America and Europe have been growing consistently due to the strong presence of established food & beverage processing industry and  international processed snack equipment manufacturers in those regions. Additionally, the increasing disposable income and rapid urbanization in developing countries such as India, Brazil, and China are propelling the demand for processed food and convenience food. Rising food safety management concern driving the market growth TheCOVID-19 pandemic, along with a downturn in global trade, has adversely affect...

   A study recently conducted by the strategic consulting and market research firm,  BlueWeave Consulting   revealed that the global processed snacks market was worth USD 390.3 billion in 2020 and is projected to reach USD 493.8 billion by 2026. One of the major factors driving the global market for processed snacks has been the shift in consumer eating habits. Processed snacks are usually more compact and less perishable than prepared foods. Moreover, other than preservatives and sweeteners, packaged snacks typically contain appealing ingredients such as special flavors, peanuts, and chocolates, which make them ideal to be eaten at any time of the day. Since consumers are opting for healthy ingredients such as high-fiber, protein, and whole-grain snacks, the growth of the processed snacks market in the forecast period is likely to accelerate with the growing demand for healthy snacks.   Changing lifestyle driving the growth of the global processed snacks market Ow...