The global market for industrial food ingredients was valued at $335.32 billion in 2023, and is projected to reach approximately $511.33 billion by 2032, with a compound annual growth rate (CAGR) of 4.8%.

The consolidation will bring more of its employees together, enhance innovative collaboration, and unite the workforce of Kate Farms. 

The new manufacturing facility will produce Asian-style foods, primarily for Schwan's #1 Korean food brand bibigo, using state-of-the-art automated production lines. 

The Verona facility has the capacity to produce more than 100,000 pounds of product a day using high-pressure processing, a cold pasteurization technology that retains the flavor and nutritional benefits of CAVA’s fresh ingredients, with no preservatives.

The partnership is focused on driving down the cost of New Culture's animal-free casein protein, unlocking commodity pricing including for New Culture's first product, mozzarella for pizzerias.

The latest major economic development from Mars supports a Research and Development (R&D) Innovation Studio—including a new test kitchen and packaging lab—along with manufacturing efficiencies and advancements in food safety at the Hackettstown manufacturing factory.

Döhler will dedicate substantial fermentation capacity to the production of Superbrewed Food’s patented Postbiotic Protein ingredient, which will support product launches in 2024 in several food categories in the United States with multiple consumer package foods companies.

Nissin Foods USA, the creator of such iconic brands as Top Ramen® and Cup Noodles®, announced a major investment of $228 million to develop a third US manufacturing facility in Greenville County, S.C. This investment will significantly increase the company's manufacturing capabilities and advance its innovation pipeline to further meet consumer demand for its products.

Nevada-based Stellar Snacks announced last week its plans to expand production with a $137 million investment over 10 years and a 434,000sq-ft pretzel bakery facility in Louisville. 

Vita Specialty Foods offers a portfolio of food products through licensing agreements, private labeling, and its own brands, including the nationally acclaimed Virginia Brand Vidalia Onion Vinaigrette.