Recent Developments:

GEA Group AG a technology provider for food processing industry, Wednesday said it appointed Stefan Klebert as CEO, to replace Jürg Oleas, who will be leaving the company in February 2019, following completion of the fiscal year 2018.

Elliott has increased its stake in German food processing equipment maker GEA Group to 5.03 percent from 3.01 percent as of June 12, a regulatory filing by GEA displayed most recently. Elliott’s holding rose above 3 percent in October.

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Market Trends:

Market Data Forecast has released Middle East and Africa Dairy Herd Management Market; Hardware systems hold the largest share in this market section due to boost in the demand for milk management systems. Standalone software systems are likely to register the highest growth rate due to technological developments in automated milking systems which will further help in falling the overall cost of dairy production.

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Scope of the Report:

The report offers an extensive examination of the business by giving the estimations of market potential and gauges with most extreme granularity. Along this, the variables persuasive in affecting the market flow and patterns are examined in detail at the item level. Further, the execution of the market at the territorial and nation level is evaluated and the prospects with high development potential are distinguished and discussed.

The key players in the business are profiled giving bits of knowledge on their money related execution, advertise position and development techniques. Similar investigation on prime strategical exercises of the market players depicting the key advancements like mergers and acquisitions, coordinated efforts and an assessment of the focused condition inside the business are given. The report additionally offers an expansive standpoint of the market alongside proposals from industry specialists on the open doors for speculation action.

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