Global Food Processing and Manufacturing (FPM) Contract Manufacturing Market Forecast 2018-2023
Orion Market Research
FOOD PROCESSING AND MANUFACTURING (FPM) CONTRACT MANUFACTURING MARKET In food processing and manufacturing, a company can outsource products or raw material that enable their food processing business to be always competitive in initial stage or during growth. By providing the contract to another business for the packaging of their food product can eliminate the need to invest highly in broad equipment or employing additional staff when there is a low cash flow.
MARKET MOTIVATORS
• Presence of small and large FPM contract manufacturing • Rapid influx of new product varieties in the market • Growing demand for convenience food • Improvement in food manufacturing supply chain • Lack of manufacturing production capabilities of OEM
MARKET RESTRAINTS
• Risk associated with the quality of the product • Increasing cost of raw material • Stringent government regulations
MARKET OPPORTUNITIES
• Introduction of automation technology in food production • Emerging markets (india, indonesia, china, malaysia) will increasingly drive global growth
MARKET SEGMENTATION BY SERVICES
Food manufacturing services
Research and development
Food packaging services
REGIONAL ANALYSIS
North America Europe APAC RoW
COMPANY PROFILE • Access Business Group • American Custom Drying company • Big Brand LLC • Imbibe Inc • Thrive Food LLC • Lake City Food • Maple Island Inc • Q & B Foods • US Beverage Manufacturing To Be Continued……
Orion Market Research
FOR MORE DETAILS PLEASE VISIT OUR WEBSITE Orion Market Research Pvt. Ltd. (OMR Global) 116, Shagun Arcade, Vijay Nagar Square, Indore, Madhya Pradesh India- 452010 +91-7803040404 +1-6467557667 info@omrglobal.com www.omrglobal.com
https://www.omrglobal.com/industry-reports/food-processing-and-manufacturing/