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 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.
The new award is one of products of the SAVE FOOD Initiative to create global networks, awareness, programs and competitions that can help fight food loss and waste.