News

RSS

The overall blockchain in agriculture and food supply chain market is projected to grow exponentially stronger at a CAGR of 47.8% to reach $429.7 million by 2023 from an estimated value of $60.8 million in 2018, according to research conducted by MarketsandMarkets, Northbrook, Ill.

Advancements in the food processing industry, innovation in processing technology and continuous growth in the demand for processed food are expected to support growth of food and beverage processing equipment, according to research revealed by MarketsandMarkets, Northbrook, Ill.

The global beverage packaging market is expected to reach a market size of over 128,000 million by the end of 2027, growing at a value CAGR of 4.1% during the forecast period of 2017-2027, according to a new research report by Future Market Insights, Valley Cottage, N.Y.

Here's a recap of this week's personnel changes.

Emmi Roth, Monroe, Wis., acquired Great Lakes Cheese’s blue cheese plant in Seymour, Wis.

Marfrig Global Foods, Brazil, acquired Quickfood, Argentina, from BRF, Brazil.

FrieslandCampina N.V., The Netherlands, acquired Best Cheese Corp., a Purchase, N.Y.-based importer and vendor of specialty cheeses.

Square Roots, a Brooklyn, N.Y.-based indoor urban farming company, developed a way for consumers to see exactly where, when and how their food is grown.

Toriyama, a Japan-based producer of Japanese Wagyu beef, signed an agreement with Awano Food Group, a Singapore-based supplier of meat and seafood, and JUST, San Francisco, to create, distribute and sell what is said to be some of the world's most revered meat in a groundbreaking new way.

Aldi UK, UK, increased its efforts to reduce plastic waste by introducing fully recyclable pizza discs across its entire range.