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U.S. Plant Based Foods Industry Tops $5 Billion in Annual Sales

In Press Releases by Press0 Comments

New Retailer Sales Data Released by the Plant Based Foods Association Shows the Plant Based Milk Category at $4.2 Billion, with Cheese Alternatives Experiencing the Highest Growth at Almost 19 Percent Over Past Year SAN FRANCISCO (PRWEB) MARCH 06, 2017 Today, the Plant Based Foods Association released new data from SPINS, the leading retail sales data company for the natural …

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4 Asian Countries Limit U.S. Poultry Imports Because of Bird Flu

In News by Krista Garver0 Comments

South Korea, Japan, Taiwan, and Hong Kong have all taken steps to limit imports of U.S. poultry after the discovery of avian flu on a Tennessee chicken farm, according to a Reuters report. The countries are each taking a different approach. South Korea has banned U.S. poultry and egg imports entirely, Japan and Taiwan have blocked imports from Tennessee, and …

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What is Blockchain and How Will It Impact the Food Industry?

In Technology by Krista Garver0 Comments

The food industry has been abuzz lately about the potential of blockchain to solve the problem of end-to-end traceability in the supply chain. For non-techies, the whole idea can be opaque, especially since blockchain is associated with bitcoin, that mysterious digital currency that few understand. Then, last year, IBM started investing in blockchain development, announcing plans to use the technology …

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JBT Corporation Acquires Avure, a Leading Provider of High Pressure Processing Solutions

In Press Releases by Press0 Comments

CHICAGO, Feb. 27, 2017 /PRNewswire/ — JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has purchased Avure Technologies, Inc., a leading provider of high pressure processing (HPP) systems. Privately held Avure is headquartered in Erlanger, KY, with a manufacturing center in Middletown, OH. HPP is a cold …

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Listeria-Related Recalls Keep Rolling In

In News, Regulatory by Krista Garver0 Comments

In what’s starting to feel like old news, more recalls have been issued in the nationwide incident related to Listeria found in cheese from supplier Deutsch Kase Haus. The three newest recalls were issued by Three Ready Pac Foods, which last week recalled nearly 60,000 pounds of chicken salad; Lipari Foods, which just today recalled various bulk and retail cheeses that had been distributed to foodservice and …

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Chobani Tops List of World’s Most Innovative Companies in Food

In News by Krista Garver0 Comments

Chobani, the company made Greek yogurt a staple in fridges across America, was named by Fast Company as the #1 Most Innovative Company in Food and the #9 Most Innovative Company of the Year across all industries. Fast Company gives Chobani points for taking on competitors directly in their ad campaigns, aggressively pursuing new product development, and funding a healthy-living food incubator. Chobani founder …

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Consumers Less Willing to Pay for Meat, Expect Lower Prices

In Research, Trends by Krista Garver0 Comments

Even while Millennials’ food preferences turn toward premium products, consumers’ willingness-to-pay overall dropped this month, according to the new Food Demand Survey by Oklahoma State University. The survey, which is performed monthly, explores consumer views of food safety, quality, and price, with an emphasis on meat products. Here’s what they found for February 2017: Willingness-to-pay was down across all food categories …

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Millennial Preferences Propel Premium Products to the Mainstream Market

In Trends by Melissa Schmitz0 Comments

Millennials’ expectations for food are changing the market, says the new report from Maru/Matchbox. Specifically, qualities previously considered “premium” — like sustainable and locally sourced — have become mainstream expectations. Fortunately for companies producing these products, Millennial consumers are also willing to pay the premium price. Here are some other the key findings: More than 60% of millennials expect foods …

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The Data Is In: Multicultural Consumers Spend More On Fresh Food

In Trends by Melissa Schmitz0 Comments

Multicultural families spend more on — and travel farther for — fresh food than their non-Hispanic white counterparts, says a new Nielsen summary report. The study found that multicultural consumers (defined in the study as African Americans, Asian Americans, and Hispanic Americans) prioritize stores offering a large selection of fresh food and, in fact, spend 25% of their entire store …

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Q4 Food and Beverage Recalls Hit Highest Level Since 2010

In Food Safety, News, Regulatory by Krista Garver0 Comments

According to the Stericycle ExpertSOLUTIONS Recall Index, there were 246 FDA food recalls in the fourth quarter of last year. That’s an increase of 12% over the previous quarter and the highest number we’ve seen since at least Q1 2010. At the same time, USDA recalls fell 16% to 32. For FDA recalls, the top 3 food categories were: Supplements (28.2%) Baked …