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Cargill invests $200M to grow Pakistan business

The company’s strategy includes expansion across its agricultural trading and supply chain, edible oils, dairy, meat and animal feed businesses while ensuring safety and food traceability.
January 18, 2019
Cargill, Inc., Minneapolis, announced plans to invest more than $200 million in Pakistan in the next 3-5 years.
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Study: Non-thermal pasteurization market worth $2.7B by 2023

The HPP segment is estimated to dominate the non-thermal pasteurization market in 2018.
January 18, 2019
The non-thermal pasteurization market is estimated to account for about $1.1 billion in 2018, and is projected to reach a value of nearly $2.7 billion by 2023, growing at a CAGR of 19.8% from 2018, according to a report published by MarketsandMarkets, New York.
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Ag Growth International acquires Improtech

Areas of expertise include liquid ingredient handling, design of fully automated clean-in-place systems, process utilities design, commissioning of new equipment and machine safety and guarding design.
January 18, 2019
Ag Growth International Inc. (AGI), Canada, acquired Improtech Ltd., a Canada-based provider of engineering solutions to the food and beverage industry.
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Survey finds retail C-suite embracing artificial intelligence

According to the survey, 78% of respondents do not have a real-time view of inventory across channels.
January 18, 2019
The need to fuse online and offline experiences and fulfill anytime-anywhere convenience has retail executives concerned about the maturity of their customer experience and supply chain capabilities, according to new research from JDA Software, Inc., Scottsdale, Ariz.
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Study: Yellow and orange to stimulate food, beverage development in 2019

Shoppers – particularly younger ones hailing from Generation Z – will gravitate toward food and beverages colored with natural yellow and orange shades.
January 18, 2019
The sunshine spectrum – bright yellow to deep orange – will stimulate colorful food and beverage development in 2019, according to a study released by GNT Group, The Netherlands.
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GrubMarket acquires Chasin Foods

Chasin Foods will now be able to leverage GrubMarket's produce supply chain network to expand its offerings to even more restaurants, manufacturers and foodservice providers.
January 17, 2019
GrubMarket, San Francisco, acquired Chasin Foods, a wholesale distributor of produce, dairy, meats, seafood and provisions.
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Study reveals increase in meat, poultry recalls

Food recalls overall increased by 10% between 2013-2018.
January 17, 2019
Fundamental flaws in today’s current food safety system have led to a jump in these recalls since 2013, according to “How Safe is Our Food?,” a report released by U.S. PIRG Education Fund, Denver, Colo.
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World Wildlife Fund launches blockchain platform designed to track products from source

Once the QR code is scanned, OpenSC automatically provides details regarding where the product came from, when and how it was produced and how it journeyed along the supply chain.
January 17, 2019
World Wildlife Fund (WWF), Switzerland, and BCG Digital Ventures (BCGDV), the Manhattan Beach, Calif.-based corporate venture, investment and incubation arm of Boston Consulting Group, Boston, Mass., launched OpenSC, a revolutionary new platform that leverages blockchain and other leading technologies to track the provenance of food from source to table.
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Study: Driver shortage, capacity crunch ranks biggest challenge for supply chains in 2019

Respondents who opted to write-in their own answer by selecting “Other” noted issues such as damages to products in transit, temperature-control shipping, optimized inventory management and lead time reduction.
January 17, 2019
Over 44% of respondents ranked driver shortage and capacity crunch as the biggest challenge for supply chains in 2019, according to a survey conducted by Kuebix, Maynard, Mass.
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