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Report: Frozen foods market worth $282.5B by 2023

The convenience food and ready meals segment dominated the frozen foods market in 2018.
February 15, 2019
The frozen foods market is estimated to account for about $219.9 billion in 2018, and is projected to reach nearly $282.5 billion by 2023, growing at a CAGR of 5.1% from 2018, according to a new report published by MarketsandMarkets, New York.
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Study: Frozen Viennoiserie baked goods projected to remain dominant through 2024

Plain and filled croissants are anticipated to be the fastest-growing among Viennoiserie products over the predicted period.
February 15, 2019
The frozen Viennoiserie baked goods segment is expected to remain dominant in the global frozen pastries market, accounting for approximately 60% value share, according to a study released by Persistence Market Research, New York.
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Chroma Color acquires Polymer Concentrates

Polymer Concentrates develops and manufactures color concentrates for the international plastics industry.
February 15, 2019
Chroma Color Corp., McHenry, Ill., acquired Polymer Concentrates Inc., Clinton, Mass., to grow its manufacturing footprint and its suite of colorant and additive technologies.
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ZAF battery

ZAF Energy Systems receives strategic investment from Wirtz Manufacturing to expand production of rechargeable nickel-zinc batteries

This added capacity will allow ZAF to rapidly seed the market and meet customer demand for rechargeable nickel-zinc (NiZn) batteries globally.
February 15, 2019
ZAF Energy Systems Inc., Columbia Falls, Mont., received a strategic investment from Wirtz Manufacturing, Port Huron, Mich., to expand ZAF’s manufacturing capacity from hundreds of batteries per month to thousands of batteries per month.
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Study: Oldest Americans most focused on reducing food waste

The majority of all Americans (88%) say they take steps to reduce food waste at home. This includes 94% of consumers age 55 and older and 81% of those under 30 years old.
February 15, 2019
The vast majority of Americans are paying attention to reducing food waste with the oldest being the most cognizant, according to a Food Literacy and Engagement Poll conducted by Michigan State University (MSU), East Lansing, Mich.
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RE’FLEKT raises funding to improve augment reality security solutions

The investment aims to add value to the security sector with mature scalable technology that can improve and enhance daily activities whilst benefiting from the growth of augmented reality across all enterprise markets.
February 15, 2019
RE’FLEKT, a San Francisco-based augmented reality startup, received a $5.7 million investment from Prosegur, a Spain-based private security company.
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Survey discusses blockchain paradox in transportation, logistics

The vast majority of respondents (88%) believe that blockchain will disrupt the industry at least somewhat.
February 15, 2019
The transportation and logistics industry is experiencing a slow rate of blockchain adoption, according to a survey released by Boston Consulting Group (BCG), Boston, Mass.
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Living Greens Farm new grow room

Living Greens Farm expands grow room for vertical plane aeroponic farming

Aeroponics is the practice of suspending a plant’s roots in the air and spraying them with a nutrient-rich solution instead of burying them in soil.
February 15, 2019
Living Greens Farm, a Faribault, Minn.-based vertical, indoor aeroponic farm that provides fresh salads, microgreens and herbs year-round, is set to become what is said to be the largest vertical plane aeroponic farm in the world.
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