Let's follow the options available one after the other in a bid to sorting out the most correct of all.

Option A - INCORRECT.
It is known fact that agricultural equipment are used relative to food production and allied services. There would exist a proportional increase or decrease in the profits gained in the production of equipment by Algorpal industries if the food produced out there gains more in profit too, otherwise, there would be a decrease. Since ''the market has been decreasing'' then the opportunities in the food sector must corresponding decrease too.

Option B - INCORRECT.
Since it's been said that the Bio-medical market is rapidly expanding then it means one unit of such devices cost a handful more than filter equipment on the farm sites. By percentage, it's possible a unit of Bio-medical equipment would cost more than 5 farm's.

Option C - INCORRECT.
Since the consultant has recommended to the industries to embark on manufacturing bio-medical equipment it must certainly be noted that minor modifications would need to be carried out on their production plant to enable it switch to the production of bio-wares.

Option D - CORRECT.
Here, it must have been explained and appropriate justified that the new investment climate of Bio-medical manufacturing would bring more gains even with competitions that what obtained in the agricultural sector. Since, the market is currently expanding it means it would accommodate as much as ''presently'' available in order to meet consumers' demands.

Option E - INCORRECT.
That would be speculative because different countries with different areas of unique specialization in equipment production and marketing. A country with booming agricultural sector would use bigger and more sophisticated equipment to quicken their activities which would be bigger than what Algorpal can manufacture.