Rising incomes in developing countries driving processing machinery growth, says report
summary：The demand for bakery and confectionery food processing machinery is to increase over the next few years as employment and incomes rise in developing countries, according to Freedonia....
Global sales of industrial bakery machinery are expected to rise 6.8% per year from 2011 to 2016, boosted by rising demand for bread, pasta, pastries, and other baked goods.Demand for chocolate and confectionery machinery is projected to climb 8.3% per year through 2016 to $4.3bn as they produce non-staple, high-priced items with consumption higher among population segments with greater incomes.
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