Food Processing Equipment Market - Global Forecast to 2030: Growing Markets In Asia, Latin America, and Africa Positively Influence the Demand [Yahoo! Finance]
John Bean Technologies Corporation (JBT)
Last john bean technologies corporation earnings: 4/29 04:29 pm
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Source: Yahoo! Finance
The food processing equipment market is projected to reach $98.57 billion by 2030, at a CAGR of 5.8% during the forecast period 2023-2030. The report provides an in-depth analysis of the global food processing equipment market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2030. The growth of the food processing equipment market is driven by increasing demand for processed foods, a growing focus on food and worker safety, a growing need to increase productivity, food manufacturers' increasing focus on reducing production costs, and government support to promote the food processing industry. However, the high cost of equipment and the consumers' increasing inclination towards minimally processed food products restrain the growth of this market. In addition, emerging economies such as Latin America, Southeast Asia, and Africa and a rapidly growing plant-based foods market are expected to generate growth opport
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- JBT Corporation Announces First Quarter 2024 Earnings Release and Conference Call ScheduleBusiness Wire
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- JBT (JBT) Upgraded to Buy: What Does It Mean for the Stock? [Yahoo! Finance]Yahoo! Finance
JBT
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- 2/20/24 - Beat
JBT
Sec Filings
- 4/5/24 - Form 425
- 4/5/24 - Form 8-K
- 4/5/24 - Form 425
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