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.