After a week's vacation, I returned to my desk Oct. 15 and read through the past week's editions of Today in Food to refresh myself on what I had missed. Immediately, I found a common thread in our Washington section: class action lawsuits focused on labeling.
Specifically, take a look at these stories:
Artificial flavoring, deceptive marketing and fraud, oh my.
Each of the cases pivot around a consumer belief that a product is "all natural," "100% natural" or "natural" that may be supported by marketing and labeling, but not science.
This is important because consumers are increasingly looking for products with "all natural" and "100% natural" claims: grocery shoppers are increasingly demanding transparency and a closer connection to their food, according to a September report from FMI and Label Insight. Seventy-five percent of shoppers reported being more likely to switch to a brand that provides more in-depth product information beyond what's on the label compared with just 39% in a 2016 similar study. In addition, 54% of shoppers are even willing to pay more for a product with additional product information.
Food producers would be remiss to ignore this trend, especially considering the pending arrival of new labeling laws. FDA extended the compliance dates for the Nutrition Facts and Supplement Facts label final rule and the Serving Size final rule until 2020 for larger manufacturers and 2021 for smaller businesses, but now is the time to start planning for this change.
Luckily, the Food Institute has you covered. At this year's U.S. Food Labeling Seminar, hosted by The Food Institute and OFW Law, new content has been added to give attendees a more comprehensive overview of food labeling and a deeper dive into solving labeling problems. The event will be held on Wednesday, Nov. 7, 2018 from 9:00 AM-5:00 PM at the Newark Airport Marriott in Newark, NJ. Bruce Silverglade, Principal at Washington, DC-based firm OFW Law, which specializes in the agriculture, food and drug industries, will cover the new Nutrition Facts Label, the basics of food labeling, mandatory label information, country of origin labeling, authorized claims, menu labeling, enforcement by FDA, other authorities and class action cases, and future developments.
To learn more about the seminar, click here.
Four years before COVID, a market analysis report by Grand View Research predicted the global food robotics market would attain a value of approximately $3.4 million, with a CAGR of 13.1% by 2025. COVID has rapidly accelerated the growth of the market to meet consumer needs. Food robots, for instance, cooked, delivered, and served food in places that included restaurants, malls, and hospitals—saving staff from...read more
Chris is a business writer and market analyst that focuses on the Markets, Legal and Washington sections of the Food Institute Report. In addition, he assists in compiling data for various Food Institute publications throughout the year. He invites you to contact him via email at email@example.com to talk about anything food-related.
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