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Growing instances of tech-driven innovations to match the burgeoning end-user requirements for packaged food will drive the market growth.

This was co-led by Catalyst Investors and Translink Capital, along with existing investors S2G Ventures, Toyota Ventures, F-Prime Capital, and the Cibus Capital LLP.

The company has promoted vice president Dan Crist to the role of president.

Fact.MR reports that sales are predicted to reach $230 billion by 2033.

The global food packaging technology and equipment market size is anticipated to surge from $39,900 million in 2022 to reach $74,230 million by 2032, registering at 6.4% CAGR between 2023 and 2032.

The alliance adopted a new format from the previous issue 5.1, which has been approved by the board of directors and is ready for pilots.

The expansion was facilitated by a new partnership with KeHE.

The move aims to provide direct access to demo instruments, detailed sample analysis and tailored application advice.

The company announces the immediate renaming of E-Volve Systems to E Tech Group following the February acquisition.

The company has a definitive agreement to acquire a broiler processing plant, hatchery and feed mill in Dexter, Mo., that were recently closed by Tyson Foods, Inc.