Food Institute News
The Who, What and Where of Consumer Spending
The Food Institute's Demographics of Consumer Food Spending 2013 provides in-depth information and insightful analysis on U.S. consumer food spending patterns.
Designed for easy use, this annual study provides an easy-to-read breakdown of spending on food overall, food at-home, food away-from-home, and alcoholic beverages. Topics covered include age, income, career, education, race, gender and region of the U.S. For more information, click here.
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The Food Institute:
* Strives to be the best "single source" for current, timely and relevant information about the food industry from "farm to fork."
* Serves as a trusted source of information, providing balanced coverage of the issues.
* Delivers information through multiple media so that industry professionals worldwide can tap in when and how they choose.
Industry News
Seamless and GrubHub agreed to merge their online food delivery businesses. The combined company will enable diners and companies in more than 500 cities across the U.S. to order from more than 20,000 local takeout restaurants. In 2012, the online and mobile platforms of the two organizations sent approximately $875 million in gross food sales to local takeout restaurants, resulting in combined revenue well in excess of $100 million. Financial terms were not disclosed.
International News
Danone Group agreed to invest 325 million euros ($417 million) in two deals with China Mengniu Dairy Co. The deals with Danone are seen as an attempt by Mengniu - twice hit by accusations that it sold tainted milk - to restore trust and join forces with a leading international brand eager to tap China's rising demand for milk and yogurt to counter falling dairy sales in Europe, reported Reuters.
Health News
A closer look at what and how Americans eat suggests that simply focusing on sugar will do little to quell the rising epidemic of obesity. This is a multifaceted problem with deep historical roots. More than a third of American adults and nearly one child in five are now obese, according to the Centers for Disease Control and Prevention. Failure to curtail this epidemic is certain to exact unprecedented tolls on health and increase the cost of medical care. Effective measures to achieve a turnaround require a clearer understanding of the forces that created the problem and continue to perpetuate it, according to The New York Times on the web.
Washington News
USDA inspectors will need to verify that small and very small meat and poultry establishments have written recall plans after June 10, 2013. Large establishments were to comply with the regulation by November 5, 2012. Although not required, official establishments are also encouraged to implement food defense plans to help them prepare and respond to emergencies such as the intentional contamination of products.
Market News
A potentially fatal hog virus, porcine epidemic diarrhea, has been found in the U.S. for the first time, according to government and private industry officials. PEDV, an incurable condition that causes diarrhea, vomiting and dehydration in hogs, has been identified in Iowa, the largest producing state, and possibly beyond. The severity of the outbreak is not yet known. The virus exists in much of the world but has not previously occurred in the western hemisphere, reported Reuters.
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