VDMA Reports Record Figures in Food Processing Machinery Exports
In 2023, German manufacturers of food processing and packaging machinery celebrated a notable achievement, registering an 8.6% increase in export growth, culminating in a record-breaking revenue of €9.85 billion. This surge wasn’t confined to Germany alone; it mirrored a broader, global trend that has seen the international market for these industries projected to exceed €52 billion in the same year. …
Vast investments in automation at Danish Crown
Danish Crown, is making significant strides in the development of new machines and robotic solutions. By creating and patenting these technologies, the company aims to turn the automation agenda into a competitive advantage. …
By 2026, the market for meat processing equipment will be worth $13 billion.
The global meat processing equipment market is forecasted to see substantial growth in the coming years, according to a report by The Business Research Company. The market is expected to increase from $9.78 billion in 2021 to $10.43 billion in 2022, and further to reach $13.62 billion by 2026 at a compound annual growth rate of 6.89%. …
Meat reduction doesn’t solve environmental problems
These are substantial results of the study “Global effects of a purely vegetable nutrition – consequences for economics, environment and world nutrition”, which were provided under guidance of the agrarian economist Professor Peter Michael Schmitz of Institut for Agribusiness in suggestion of the Dr. Alhard von Burgsdorff donation. On the basis an extensive literature analysis as well as own computations with two models therein the consequences of a reduced consumption of animal products, the rise of animal welfare-conditioned production costs and an import prohibition for protein-rich feed are submitted to a cost use analysis on national and international level. …
Anuga FoodTec 2018 achieves a significant increase in attendance
The leading international supplier trade fair of the food and beverage industry is continuing to write its success story. After already registering a growth in exhibition space and a two-digit increase in the number of exhibitors (+13 percent) in the run-up to the event, Anuga FoodTec 2018 was also able to achieve a significant rise in the number of visitors: More than 50,000 experts from the food industry informed themselves about the innovations and further developments of the supplier industry from 20 to 23 March. …
Testing for safe meat
The demands in food are high. Only companies that master and check the packing process get safe products. This is why from 20 to 23 March 2018, Anuga FoodTec in Cologne is placing a special focus on modern methods for checking leaks and X-ray inspection. …
Global Meat Market Will Be Under Pressure In 2017 Rabobank Expects Reduction In Prices And Profits
According to Rabobank’s report, global meat market prices will be under pressure next year due to the growth of supply. While global meat consumption continues to rise, a supply-driven and more competitive market will create challenges for producers, putting pressure on prices and margins. …
Earnings of HKScan’s Baltic unit increased to 173.6 mln euros in 2015
Net sales of the Baltic unit of the listed Nordic meat group HKScan, owner of the Rakvere Lihakombinaat meatpacking company in Estonia, grew nearly half a percent year-on-year in 2015 to 173.6 million euros and the unit’s operating profit increased 48% to 5.4 million euros, the company told the stock exchange, cites LETA/BNS. …