The food processing equipment market is estimated to grab a value of $70,510.1 million by 2022 and exhibit CAGR of 6.7% over the forecast period from 2017-2022, according to a study presented by Transparency Market Research, Albany, N.Y.

The global meat processing equipment market is expected to reach $16.22 billion by 2025, according to a new report by Grand View Research, Inc., San Francisco, exhibiting a CAGR of 6.2% during the forecast period.

The Equipment Leasing and Finance Association (ELFA), Washington, D.C., revealed its Top 10 Equipment Acquisition Trends for 2018.