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The $75 million project is part of Ferrero's ongoing investment and expansion in the market.

The facility is capable of $40M in production capacity with the buildout to commence immediately and production expected to start in the third quarter.

The Mexican market is the most important for Purina in Latin America, representing 45% of Purina's total sales in the region.

According to the report, the size was valued at $53.69 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.

Persistence Market Research says its report offers a comprehensive look into the market's dynamics, growth drivers, challenges and emerging trends.

The company says its study is the largest to date on the state of commercial sous vide, and that the data underscores quality and safety from innovative sous vide solutions as well as providing solutions to labor shortages.

Arla Foods Ingredients will acquire Volac’s whey nutrition division through a purchase of the shares in Volac Whey Nutrition Holdings Limited and its subsidiaries.

The 2,000-square-meter space contains customized research, production and office space to develop and produce cultivated fish products.

Adopting automation on a modular basis may be a way to implement technology incrementally, making it more affordable and easier to learn and deploy.

Steakholder Foods' production machines utilize two types of 3D technologies to mimic the texture of meat and fish.