Oct 11, 2021 · In the food processing industry, the wet cleaning capability is advantageous when dealing with a wide variety of products, including nuts, vegetables, grains, and flours, according to Steve Ives, Cablevey Conveyors Director of Business Development. foods. Established industry players revising their strategy The existing industry players, and in particular the multinational branded food and drinks companies, have increasingly become aware of the small disruptor brands innovating in the plant-based market space, and are moving both to … Report Attribute. Details. Market size value in 2020. USD 85.48 billion. Revenue forecast in 2027. USD 112.87 billion. Growth Rate. CAGR of 4.1% from 2020 to 2027. Base year for estimation. 2019. Historical data. 2016 – 2018. Forecast period. 2020 – 2027. Quantitative units. Revenue in USD million and CAGR from 2020 to 2027. Report coverage The global plastic packaging market size was valued at USD 348.08 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028. Rapidly growing key application industries including food & beverages, pharmaceuticals, and personal & household care are driving the product demand