Hot Food Processing Equipment Market size is expected to reach USD 35.72 billion by 2030
Hot Food Processing Equipment Industry Overview The global hot food processing equipment market size was valued at USD 20.82 billion in 2021 and is expected to exhibit a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030.The rising demand for fast food and packaged food is expected to prompt manufacturers to expand their production capabilities, thereby augmenting the demand for hot food processing equipment during the forecast period. The COVID-19 pandemic has resulted in a significant shift in consumer demand, away from fast food service, cafes, bars, and restaurants, towards food consumed at home, necessitating significant modifications in the way food supply chains operate. This has boosted the demand for processed foods and nudged food manufacturers to adopt food processing equipment technology to meet the growing demand. Gather more insights about the market drivers, restrains and growth of the Global Hot Food Processing Equipment Market The growing ...