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Food and drink machinery suppliers about market 2009-12-23
Food Packing Machine and beverage production machine and Packing Machine manufacturers are modestly optimistic about the outlook for 2009, despite the current econmic slump.
German companies showcasing equipment at the Anuga FoodTec in Cologne this week said that they envisage that turnover for this year could match results for 2008 but that this forecast is dependent on stability returning to the financial markets in the coming weeks.
Last year manufacturers of food production machinery and Packing Machine in Germany achieved a five per cent increase in turnover; however, they noted that the number of orders in the last quarter of 2008 was ‘extremely low’, citing a decline in orders coming from abroad.
Professor Herbert Buckenhüskes, the head of food technology at the German Agricultural Society (DLG), said that the equipment manufacturers are hoping to drive sales based on machinery that can improve efficiency and reduce consumption of water and energy.
Set against the backdrop of contracting European economies, the professor’s comments reflect a growing need for production line innovation that bolsters margins.
