The yeast market is looking to be one that’s poised for rapid growth from 2021 to 2025. While the segment is forecasted to expand, there is a concern regarding meeting this demand. There is also currently a molasses shortage, which has made it difficult to produce yeast-based ingredients. To address future capacity gaps and further strengthen its position in the industry, Angel Yeast has announced its acquisition of Bio Sunkeen’s yeast business and related assets. Angel Yeast will be able to … [Read more...] about Angel Yeast set to acquire Bio Sunkeen for a boost in production capacity
Latest News
Food robotics market forecasted to be worth $2.2 billion by 2028, research shows
With the fast developments in technology and the push for a greater focus on hygiene and sanitation, it comes as no surprise if the robotics segment in the food tech industry is gaining traction. According to research conducted by Meticulous Research, this segment is expected to grow at CAGR of 11.6% from 2021 to 2028, reaching valuation to about $2.2 billion by 2028 globally. The study, titled “Food Robotics Market by Type (Articulated Robots [SCARA, Six-axis Robots], Delta & Parallel … [Read more...] about Food robotics market forecasted to be worth $2.2 billion by 2028, research shows
ProAmpac introduces addition to recyclable PE laminate line
Flexible packaging leader ProAmpac has released a high-performance replacement for conventional multi-material laminates. The R-2000D will be added to the company’s ProActive Recyclable® series and it can run on high speeds on form, fill or seal equipment. This type of polyethylene-based structure boasts of high clarity, high drop resistance and excellent stiffness. It avoids dimpling, which helps maintain its premium look on the shelf. Because of a more advanced technology, it can extend dry … [Read more...] about ProAmpac introduces addition to recyclable PE laminate line