IoT Connectivity Raises Expectations in the Food Processing...

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2026-10-08 08:03:49 -

IoT Connectivity Raises Expectations in the Food Processing Equipment Market

The global food processing equipment market was valued at USD 56.8 billion in 2025 and is expected to reach USD 59.0 billion in 2026. The market is projected to expand to USD 78.7 billion by 2033, registering a 4.2% CAGR from 2026 to 2033. Asia Pacific led the global market in 2025, accounting for 35.5% of revenue. The growing consumption of processed, packaged, and convenience foods is a...

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