A 2019 report published by ING's Economics Department on technology in the food industry highlights how it is transforming the industry. The report discusses the driving forces behind 'food tech' and zooms in on the most promising applications of technology, including robotics, data technology, and novel processing techniques. The report emphasizes the [...]
For decades now, there have been studies and articles predicting that grocery shopping will join the e-tailing revolution ushered in by Amazon.Com. Amazon has indeed changed the retail landscape forever and we can't rule out that they - or some other up and coming company - will make online grocery shopping as [...]
The USDA defines food insecurity as a state in which “consistent access to adequate food is limited by a lack of money and other resources at times during the year.” Food insecurity is not a synonym for hunger rather it's a term that is applied to populations that are struggling to avoid [...]
The Supplemental Nutrition Assistance Program (SNAP), commonly known as the Food Stamp Program, provides food-purchasing assistance for low-income people living in the United States. SNAP gives 40 million Americans a monthly food allowance that can only be spent at food stores and farmers markets. The program dishes out $60 billion in benefits [...]
While the food industry is sometimes called the world's biggest industry - in reality it's a conglomeration of broad sectors and businesses. These range from farming and agriculture to food processing to marketing and retailing with many related industries and businesses involved in each sector. A key determinant in viewing the food [...]
A Japanese aquaculture company recently announced it has succeeded in hatching eggs of fully farmed octopus in western Japan. The seafood company confirmed the hatching of about 140,000 eggs produced by octopus conceived by artificial incubation and is hoping to ship fully farmed octopus to retailers and restaurants across Japan as early [...]