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.
Inventure Foods, Inc., Phoenix, Ariz., signed a letter of intent to purchase substantially all of the assets of Fresh Frozen Foods, LLC, a Jefferson, Ga.-based branded frozen vegetable processor.
Information Resources, Inc., a Chicago-based market research firm, conducted extensive research into the daily eating habits of Americans and found that the age-old image of a family seated around the dining room table enjoying a home-cooked meal is falling by the wayside.
The need for efficiency has been driving that growth, according to the 2013 edition of “Dairy Industry — A Market Assessment,” a new study produced by PMMI, The Association for Packaging and Processing Technologies.