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The study finds that growing meat production, increasing demand for affordable animal protein and preference for convenience are expected to provide an impetus to growth of the processed meat market.
The processed meat market will envisage a moderate 2.2% volume year-over-year growth in 2018 over 2017, opines a market study published by Fact.MR, Rockville, Md.
Viskase Cos., Inc., Lombard, Ill., signed a definitive agreement to acquire 100% of the equity interests in Walsroder Casings Group, Germany, including its subsidiaries Walsroder Casings GmbH and Walsroder Casings Polska Sp. z o.o.
Land O’Frost, Inc., Lansing, Ill., launched Simply Delicious, a heart-healthy, pre-packaged lunchmeat line that is certified by the American Heart Association’s Heart-Check Food Certification Program.
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.
Harvest Meat Co., Inc., a San Diego, Calif.-based distributor of protein products to retail and foodservice customers, acquired certain distribution assets from Randall Foods, Inc.
Maple Leaf Foods, Toronto said it expects this May to consolidate its further processed poultry operations into its Brantford and Mississauga, Ontario, facilities.
Private investor Littlejohn & Co., LLC, Greenwich, Conn., said it completed the recapitalization of CTI Foods Holding Co., LLC, a Wilder, Idaho-based meat processor.
