date:Nov 02, 2012
n meat and poultry sector, said Rawat.
The global processed food industry is forecast to reach a value of $1,621 billion by 2012. The compound annual growth rate (CAGR) of the market size during 2007-2012 is predicted to be 3.3%. However, the slowdown in overall global exports following the recession in the global financial markets is also likely to affect the processed food industry.
The processed food industry, which is a working-capital-intensive industry may face difficulties in investing