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Stock impact report

Global $1.7 Bn Snacks Processing Equipment (Semi, Manual, Automatic) Markets, 2023-2030: Focus on Conveyers, Sorting, Dryers, Mixing, Cutting, Coating, Packaging [Yahoo! Finance]

John Bean Technologies Corporation (JBT) 
Last john bean technologies corporation earnings: 4/29 04:29 pm Check Earnings Report
US:NYSE Investor Relations: jbtc.com/investors
Company Research Source: Yahoo! Finance
of Operation (Semi/Manual, Automatic), Snack Type (Chips, Extruded Snacks, Bakery & Confectionery), and Geography - Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The snacks processing equipment market is expected to reach $1.7 billion by 2030, growing at a CAGR of 6.0% during the forecast period of 2023-2030. The growth of the snacks processing equipment market is driven by the growing consumption of healthy snacks, the rising demand for processed/convenience foods, and consumers' increased focus on food hygiene since the COVID-19 pandemic. However, the high cost of snack processing equipment restrains the growth of this market. Furthermore, increasing government support for the food processing industry is expected to generate growth opportunities for the players operating in this market. However, the shortage of trained labor and consumers' increasing inclination toward minimally processed food products are major challenges impacting the market's Show less Read more
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