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Study: Customizing packaging to end-user specification will ignite new growth opportunities

Players should establish an effective and innovative rigid plastic packaging product portfolio and partner with or acquire other companies to expand customer base and strengthen market position.
January 7, 2019
The rigid plastic packaging market is forecasted to reach $166.63 billion by 2022, growing at a CAGR of 5.2% between 2017 and 2022, according to a study released by Frost & Sullivan, Santa Clara, Calif.
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Kool Logistics opens new Nashville office

Adding the Nashville office will further enhance the services offered from all locations, including growing the market-strategic placement of nationwide partner carriers.
January 7, 2019
Kool Logistics, LLC, Omaha, Neb., opened a new office in Nashville, Tenn.
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Kroger, Microsoft partner to introduce digital solutions for retail industry

The Kroger technology team developed a smart technology system, powered by Microsoft Azure and connected by IoT sensors, to transform two pilot stores.
January 7, 2019
The Kroger Co., Cincinnati, and Microsoft Corp., Redmond, Wash., announced a collaboration to redefine the customer experience using Kroger Technology products powered by Microsoft Azure.
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InnovaSea to acquire Nortek Akvakultur

Nortek Akvakultur provides high-quality environmental data to the Norwegian aquaculture industry.
January 4, 2019
InnovaSea Systems, Boston, entered into a definitive agreement to acquire Norway-based Nortek Akvakultur.
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How blockchain technology provides effective supply chain experience

The growing number of food fraud cases is a driving factor in growth of blockchain technology.
January 4, 2019
The overall blockchain in agriculture and food supply chain market is projected to grow exponentially stronger at a CAGR of 47.8% to reach $429.7 million by 2023 from an estimated value of $60.8 million in 2018, according to research conducted by MarketsandMarkets, Northbrook, Ill.
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Demand for ready-to-eat processed foods leads to growth in food processing equipment

With the growing preference for healthy food and functional foods, manufacturers are expected to adopt new equipment to fulfill the demand for healthy functional foods and beverages.
January 4, 2019
Advancements in the food processing industry, innovation in processing technology and continuous growth in the demand for processed food are expected to support growth of food and beverage processing equipment, according to research revealed by MarketsandMarkets, Northbrook, Ill.
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