During the upcoming years, the market is anticipated to be driven by advancements in food processing technology, an increase in consumer demand for processed foods, and more research and development into food processing equipment. The Size of the food processing market, which was estimated to be worth USD 146.33 billion in 2021, is expected to increase to USD 552.33 billion by 2033, with a CAGR of 5.5% between 2022 and 2036.
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