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Food Prices Tick Up in July: CPI Data

In News by Krista Garver0 Comments

After holding steady in June, food prices ticked up 0.2% in July, according to the latest Consumer Price Index report. That brings the total increase over the past 12 months to 1.1%. Proteins, produce, and dairy prices rose The overall increase was driven largely by meat, poultry, fish, and eggs, which gained 0.7% in July, after increasing 0.6% in June. …

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Avure Technologies, Hiperbaric, MULTIVAC Named Top HPP Equipment Manufacturers

In News, Processing, Technology by Krista Garver0 Comments

Technavio just announced its top five leading vendors in the global high-pressure processing equipment market from 2017 to 2021. And the winners are: Avure Technologies Bao Tou KeFA High Pressure Technology Hiperbaric Kobe Steel MULTIVAC The market research firm expects the global HPP equipment market to grow at a CAGR of over 17% through 2021, buoyed by consumers who want convenient, …

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Food Industry M&A Inched Upward in 2016

In Trends by Krista Garver0 Comments

The food industry saw 505 mergers and acquisitions in 2016, according to the Food Institute as reported by Food Processing. This is up a smidge from 2014, which saw 503 deals, but still way below the record of 813, recorded in 1999. Among industry segments, food processors were the most active, beating their 2015 M&A activity by 6%. This movement was …

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Foodies Sacrifice Cost and Convenience for Quality

In Press Releases by Press0 Comments

2017 Food and Health Survey Finds that Foodies Are More Confident in Their Nutrition Know-How and Have Their Own Take on “Healthy” WASHINGTON, /PRNewswire-USNewswire/ — You might describe yourself as a “foodie” if you post photos of your avocado toast on social media or gift homemade jam with fruit from your garden. But being a “foodie” means much more than this. According to …

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Food Processing Industry Accounts for 15.6% of Food Cost

In News, Processing by Krista Garver0 Comments

If you split up the cost of food based on the industries involved in the supply chain, the food processing industry accounts for 15.6¢ of every $1, according to the USDA’s Food Dollar Series. The series looks where each dollar spent on domestically produced food ultimately ends up. The data are from 2015, which is the most recent year available. …

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Availability, Quality, Delivery Top Factors When Selecting Replacement Part Suppliers

In Research, Trends by Krista Garver0 Comments

Product availability, product quality, and on-time delivery are the three most important factors for food processors selecting suppliers for replacement parts, according to the most recent study by Food Engineering. Lowest price, electronic ordering and order tracking, and national or global service capabilities ranked at the bottom. The survey also found that processors are spending less on replacement parts. More than half …

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Consumers Hold Food Companies Responsible for Healthy Diets

In Research, Trends by Krista Garver0 Comments

Globally, nearly 9 in 10 consumers say that food companies are responsible for ensuring their diet is healthy, according to a study by Surveygoo and Ingredient Communications, as reported by New Food Magazine. The survey explored where consumers put the burden of responsibility for food healthiness, as well as where consumers get their information about food. Consumers in western countries …

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Food Safety Top of Mind for American Consumers

In Press Releases by Press0 Comments

New Bureau Veritas survey shows almost 4 out of 5 adults in the US avoid eating at restaurants with previous health and food safety violations; Bureau Veritas SafeOps continues to provide assurance on food safety FT. LAUDERDALE, Fla., Aug. 3, 2017 — In a recent survey, conducted online by Harris Poll on behalf of Bureau Veritas among over 2,000 US adults ages 18+, regarding …

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Ag Producer Sentiment Strengthened in July

In News, Trends by Kristen Runvik0 Comments

Following months of stagnation, ag producer sentiment got a boost in July, as reported in the latest Purdue University/CME Group Ag Economy Barometer. The overall ag producer sentiment barometer hit 139 last month — the second highest level since the barometer began in October 2015. While the year started with ag producers feeling optimistic about the future, they are now …

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Study: Confusing Food Labels Cause Household Disagreements

In Research, Trends by Krista Garver0 Comments

Almost 6 in 10 Americans report having household discussions about the meaning of food date labels, and 4 in 10 say they’ve had disagreements about whether to keep a food product or throw it away, according to a new poll from the Grocery Manufacturers Association (GMA) and Food Policy Action Network. Earlier this year, the GMA along with the Food Marketing Institute …