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A Food Industry Web Guide

Can an AI called PlasticNet eliminate microplastics in food?

PlasticNet is an artificial intelligence (AI) system developed by an interdisciplinary team at the University of Waterloo, designed to identify microplastics in the environment. PlasticNet uses advanced spectroscopy to detect microplastics based on their unique light responses, similar to fingerprints, a method that has proven challenging due to the diverse composition [...]

2023-12-13T13:55:24-05:00December , 2023|

The frozen foods market is worth nearly $300 billion

A 2023 report by Fortune Business Insights pegs the global frozen food market at USD 297.47 billion. The frozen food category is projected to grow at a compound annual growth rate (CAGR) of 4.80% from 2023 to 2030, reaching USD 412.93 billion by 2030 Here's a rundown of the types of foods [...]

2023-12-06T16:53:54-05:00December , 2023|

4 growing food categories for 2024 and beyond

Evolving consumer preferences and societal trends are sparking industry growth in many food categories.. These include plant-based products, organic and non-GMO items as well as a rise in the direct-to-consumer channel. Additionally, alternative proteins and locally-sourced foods are gaining popularity. These trends reflect a growing consumer focus on health and sustainability. Here [...]

2023-12-13T13:13:34-05:00December , 2023|

Why have food prices risen more than non-food prices

Why have food prices risen more than non-food prices? Food prices are a lot higher than they used to be and every shopper in the U.S. knows it. According to data from the Bureau of Labor Statistics, food prices rose significantly between 2019 and 2022. Overall food prices increased 13.5% over [...]

2023-12-01T19:04:22-05:00November , 2023|

Cereal lovers giving store brands a try as inflation rises

As inflation drives prices higher across grocery store aisles, more shoppers turn to lower-cost store brand cereals providing similar flakes, puffs, and clusters often produced just minutes down the road. Unit sales for private label cereals sold primarily at chains like Aldi, Trader Joe's, Costco and Kroger climbed 6% over the past [...]

2023-11-22T16:20:58-05:00November , 2023|

Top 10 Trends in Food Packaging

The landscape of food packaging is rapidly evolving, driven by technological advancements, consumer preferences, and environmental concerns. Below we've gathered some of the top trends shaping the food packaging industry: Sustainability and Eco-friendliness: A surge in demand for environmentally responsible packaging has led to the development of biodegradable materials, recyclable and compostable [...]

2023-11-22T11:17:43-05:00November , 2023|
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