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 Investment Chapter
The industry has a medium level of capital intensity. Companies in the industry manufacture an extensive range of products, some of which are custom-made for large customers. The limited market for individual products can make it difficult to introduce high-volume production line processes, which limits the level of automation in the industry. Overall, for each $1.00 required for labour inputs, an estimated $0.17 is projected to be invested in capital plant and equipment in 2016-17. With wages declining as a proportion of industry revenue in the past five years, and with depreciation remaining constant, the capital intensity level has increased over this time... purchase to read more