DescriptionCraftsman Food Corporation is ready to open in Ogden, Utah. This industry is set to explode. The global food contract manufacturing market size was valued at USD 131.2 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.7% during the forecast period. Increasing demand for outsourcing food manufacturing is expected to have a positive impact on the industry growth. The increasing R&D spending in food processing technologies is expected to have a positive impact on the market during the forecast period. Furthermore, factors such as rising private equity investment in contract manufacturing are expected to boost industry growth.
Ideal business model. Very high margins. Your customers provide the contents for the package, they provide the package, you provide the labor to run the equipment. All the equipment is set up and ready to make you money.