Industry Analysis & Industry Trends
The Food Processing Machinery Manufacturing industry depends on activity among downstream food and beverage manufacturers, and their capital investment in equipment and machinery. The major markets for food processing machinery include beverage manufacturers, meat and seafood processors, bakeries, dairy product manufacturers, and fruit and vegetable processors. The industry manufacturers a range of products, including ovens, canning and bottling machines, food processing machinery and distilling equipment, to meet the needs of its downstream markets.
Industry revenue is projected to rise at an annualised 1.6% over the five years through 2016-17. This includes a projected 2.1% increase in 2016-17, to total $992.5 million... purchase to read more
Industry Report - Industry Locations Chapter
The majority of industry firms are located in New South Wales, Victoria and Queensland. Together these three states are projected to account for 84.1% of industry establishments in 2016-17, and a similar proportion of industry revenue. Several major food processing manufacturers are based in Sydney or Melbourne to be close to downstream food processing firms.
The geographic distribution of the industry is influenced by factors such as the location of downstream food manufacturing industries, which are the industry's major customers. For example, the domestic Meat Processing industry is mostly located in New South Wales, Victoria and Queensland, while dairy processing is a major industry in Victoria... purchase to read more