date:Oct 17, 2012
The EU food contract manufacturing sector will double to reach between 1113bn (1416bn) during the next eight years, according to a new report from Rabobank Food Agribusiness Research.
The report predicted a compound annual growth rate of 8% in European food and beverage contract manufacturing following underlying demand growth, market share gains of A-brands and an increase in outsourcing activity.
Despite the anticipated increase, however, Rabobank said contract manufacturing will still be r