The market was valued at US$83.4 billion in 2016, representing a CAGR of 3.5 percent, according to market research agency GlobalData.
The global food robotics market is projected to grow at a CAGR of 12.8 percent from 2017 to 2022, according to Research and Markets.
The heated shelf merchandisers from Alto-Shaam now include individually controlled heated shelves that can keep food warm at different required temperatures for hours at the highest level of quality.
Featuring the Halo Heat fanless technology for precise, even temperature, these merchandisers give operators flexibility over their holding needs. Operators can merchandise a cross-section of menu items, such as grab-and-go products, including rotisserie chickens, pizzas, sandwiches, and more.
These can be presented in aesthetically pleasing displays while providing consumers with fresh, hot, and ready-to-eat meals.
The global dinner ready-to-eat foods market is forecast to grow steadily at a CAGR of above six percent by 2021, according to Technavio.
With busier lifestyles, consumers are turning to meals that are convenient and hassle-free. Ready meals could even be more nutritious than food cooked from scratch in home kitchens.
APFI talks to Andrew Kwan, group managing director, Commonwealth Capital, on trending products and processing technologies.
The future of food is in “convenience.” Why is this so, and how can manufacturers incorporate it into their products? Laureen Goi, general manager, Export Sales & Marketing, Tee Yih Jia Food Manufacturing Private Limited, shares more with APFI. By Michelle Cheong