Rise in Consumption of Processed and Packaged Foods Drives Food Packaging Machine Market to USD 30.9 Billion by 2034, Growing at 4.1% CAGR: Analysis by TMR [Yahoo! Finance]
Zimmer Biomet Holdings, Inc. (ZBH)
Last zimmer biomet holdings, inc. earnings: 2/4 06:00 am
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Source: Yahoo! Finance
Wilmington, Delaware, United States, Transparency Market Research. Inc. , July 02, 2024 (GLOBE NEWSWIRE) -- The projected size of the global food packaging machine market will likely reach USD 30.9 billion by 2034. The industry was valued at USD 19.9 billion in 2023. The change in the size of the competitive landscape is attributed to a sluggish development occurring at a CAGR of 4.1% through the forecasted period. With the changing lifestyles of consumers, a growing inclination toward various eating habits can be observed. Many consumers prefer packaged food. Due to this, the demand for packaging machinery at different food joints and stalls is expected to increase in the forecasted period. The growing preference for convenience food is another major driver that helps packaging materials, tools, and equipment gain traction in the sector. Due to the rapidly increasing production of such food products, the demand for packaging materials and systems is expected to rise. Download
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News
- Zimmer Biomet Holdings, Inc. (NYSE: ZBH) had its price target lowered by analysts at Evercore ISI from $130.00 to $115.00. They now have an "in-line" rating on the stock.MarketBeat
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ZBH
Earnings
- 5/2/24 - Beat
ZBH
Sec Filings
- 7/3/24 - Form 4
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- ZBH's page on the SEC website