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FU ICK LL TO O R E RD P O ER R T
Industry Structure Industry Composition | Industry Leaders | Additional Companies Cited www.freedoniafocus.com
BR O
Regional Trends and Forecasts Regional Demand Overview | North America | Western Europe | Asia/Pacific Other Regions
CH UR E
WORLD FOOD PROCESSING MACHINERY Nonindustrial food processing machinery used in food and beverage manufacturing facilities (eg, residential or commercial microwave ovens installed in employee lunchrooms) are excluded from the scope of this report. Also excluded is refrigeration equipment designed for food storage applications (as opposed to processing line chillers and freezers), packaging and associated line machinery, used food processing machinery, and related services such as equipment rebuilding, retrofitting, and systems integration. Total demand, shipments, and the various segments are sized at five-year intervals for historical years 2006 and 2011 with a forecast to 2016. Forecasts emanate from the identification and analysis of pertinent statistical relationships and other historical trends/events as well as their expected progression/impact over the forecast period. Five-year compound annual growth rates (CAGRs) are provided to illustrate product trends between reported years and to facilitate comparisons among the various segments. Demand forecasts are the illustration of underlying trends extrapolated to a particular year. To recognize such trends and for the sake of brevity, CAGRs may be expressed as annual growth in the narrative of this report. However, as historical trends may demonstrate, demand in any given year, including a forecast year, may exhibit volatility and depart from the underlying trend. Demand in US dollars reflects local-currency inflation from period to period, including to the forecast year. Furthermore, US dollar values represent current, average-annual exchange rates between local currencies and the US dollar for the historical periods, including the base year. The forecast year, however, assumes the same exchange rate used for the base year.
Industry Codes
The topic of this report is related to the following industry codes: NAICS/SCIAN 2007
North American Industry Classification System
333294 423830 Food Product Machinery Mfg Industrial Machinery and Equipment Merchant Wholesalers
SIC
Standard Industry Codes
3556 5084 Food Products Machinery Industrial Machinery and Equipment (merchant wholesalers)