The global chocolate and confectionery machinery market will grow 7.1 percent over the next five years, reaching nearly $4 billion in 2021, says a new report about food processing equipment by The Freedonia Group, a Cleveland-based research firm.

With his son Joe and daughter Ronnie by his side, Ned Micelli, 88, founder of Micelli Chocolate Mold Co., passed away peacefully at home in Malverne, Long Island, N.Y. on July 16.

 Over the last several, Petzholdt Heidenauer has focused on optimizing and developing its chocolate processing machines. One example of that effort, the company launched a new, more efficient five-roll refiner.