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On the basis of fruit type, the red fruits and berries segment is expected to maintain dominance, with a significant CAGR of 5.1% during the forecast period.
The global IQF (individually-quick frozen) fruits market is projected to register a CAGR of 5% by 2028, according to “IQF Fruits Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028,” a study produced by Persistence Market Research (PMR), New York.
Tabletree Montana, Kalispell, Mont., and Flathead Cherry Growers Association (FLCG), Bigfork, Mont., announced a joint partnership to construct a juice plant.
After trying different solutions, then shipping test loads across the country, Driscoll’s worked with Orion Packaging Systems, Alexandria, Minn., and Associated Packaging, Inc., Gallatin, Tenn., to develop the solution that protects its berries and meets the demands of its production cycle.
Boston-based Sun Capital Partners, Inc. announced that an affiliate exited its investment in Sunrise Growers-Frozsun Foods, concurrent with an investment in the company by an affiliate of Paine & Partners, LLC.