Notable investments by companies to improve processing technology is presumed to increase equipment sales.
May 2, 2018
The global meat processing equipment market is expected to reach $16.22 billion by 2025, according to a new report by Grand View Research, Inc., San Francisco, exhibiting a CAGR of 6.2% during the forecast period.
The report reveals that each of the segments is forecasting healthy growth within the next five years.
September 20, 2017
The Food Processing Suppliers Association (FPSA), the McLean, Va.-based owners of the PROCESS EXPO tradeshow, provided insight into global forecast reports focused on meat and poultry processing equipment for the next five years.
CVP Systems manufactures high‐speed packaging systems for the meat processing industry.
July 5, 2017
The Middleby Corp., Elgin, Ill., acquired CVP Systems, a Downers Grove, Ill.-based manufacturer of high‐speed packaging systems for the meat processing industry.
Provisur Technologies, Inc., Mokena, Ill., offers forming products fit for every product created for foodservice, retail and quick-service restaurants.
Processed meat is an industry that is driven by the demand for meat. A rapid increase in globalization resulted in amped-up meat processing procedures. Consumers increased their protein intake. And, busy, on-the-go, 2-income families rely on ready-to-eat meals that oftentimes, incorporate meat as the main component. These are just a few factors driving the processed meat industry.
Food packaging equipment supplier Pro Mach, Inc., Cincinnati, said it was acquired by The Resolute Fund II, L.P. for an undisclosed amount from Odyssey Investment Partners, LLC.
Global food processing equipment supplier Marel Food Systems hf, Gardabaer, Iceland, said its board elected Theo Hoen as chief executive officer for Marel.