This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
billion in 2020/21. . During 2020/21, the food and grocery manufacturing industry stayed strong in the face of COVID-19 shutdowns and workplace disruptions. The State of Industry 2022 report showed that for 2020/21: . Domestically, human pharmaceutical products turnover rose 50 per cent to $2.21 Image credit: AFGC.
The market for linear systems has surged over the past three years, with sales revenue growing from $237 million in 2020 to $488 million in 2023. billion, nearly five times the market size in 2020, according to Interact Analysis. By 2029, sales of linear systems could exceed $1.1
Industries that stand to benefit the most include food and beverage, pharmaceutical, manufacturing, logistics and construction as companies are trying to fill labor shortages to keep operations running efficiently. to 2030 to reach a value of more than $88 billion.
To produce standard packaging and customized packaging, manufacturers in the food and beverage sector are shifting from traditional assembly line techniques toward completely automated assembly lines. For instance, In 2020, Bosch Packaging Technology’s German-based packaging machinery division was acquired by Syntegon Technology.
Projects for the oil & gas, food & beverage, pharmaceutical and water utility sectors were all successful. Aquatech Technology company Aquatech won for its extraordinary collaboration with pharmaceutical company ACG to recover more than 95% of the water at its plant in India, using Aquatech’s zero liquid discharge technology.
For those products which are seeing high price inflation, such as foods and beverages, and raw materials; government intervention is expected to bring down prices. Despite this, the impact on China is anticipated to be less than that of the pandemic and lockdown measures that were put in place in 2020. In 2022, U.K. in 2023.
In addition, collaborative robots have also seen relatively stable growth in industries such food & beverage and chemicals & pharmaceuticals. Because most clients are small and medium-sized companies, the distribution network contributed more than 90% of total market sales before 2020.
billion, the largest monthly increase since June 2020, boosted by pharmaceuticals and pharmacy supplies wholesalers which gained 5.7 Meanwhile, the food, beverage and tobacco subsector climbed 1.9 Meanwhile, the food, beverage and tobacco subsector climbed 1.9 billion in September, the largest drop since April 2020.
We organize all of the trending information in your field so you don't have to. Join 45,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content