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The global ice cream processing equipment market is estimated to grow at a CAGR of nearly 4% during the forecast period, according to research compiled by Future Market Insights, UK.
The newly established laboratory is certified to work with microorganisms up to Risk Group II, and boasts comprehensive equipment for implementing various microbiological methods.
The automatic segment is estimated to hold a larger market share, as it helps reduce the cost of labor and enables end users to change between different processing operations.
The global dairy processing equipment market is projected to reach $11.2 billion by 2023, at a CAGR of 5.4%, according to the new market research report published by MarketsandMarkets, New York.
The dairy processing equipment industry is expected to grow at a robust pace through 2025, according to a report released by Allied Market Research, Portland, Ore.
Krones, Germany, completed the acquisition of W.M. Sprinkman Corp., a Waukesha, Wis.-based provider of food and beverage processing equipment specializing in the dairy industry.
The Middleby Corp., Elgin, Ill., entered into a definitive agreement to acquire the Taylor Co., Rockton, Ill., from UTC Climate, Controls & Security, a unit of United Technologies, Farmington, Conn., for $1 billion.
