According to a new Report By Global Industry Analysts, Inc. the Food processing Machinery Market will reach US$ 43 billion in 2010.
Asia Pacific is the largest market worldwide, worth an estimated US$ 12.2 billion in 2007. Europe is the second largest regional market followed by United States at third position. Collectively, Europe, US and Japan account for about 75 percent of the global food processing machinery market. The global and regional markets are expected to register CAGRs ranging between 2% and 7%.